Recent Highlights Raised WES Distribution to 0.58 per unit 16% growth over 3Q12 Raised WGP Distribution to 0.21375 per unit 8% growth over 2Q13 Issued 250MM of Senior Notes due 2018 YTM of 2.626% Over 700MM of liquidity at…
WES Financial Summary 3Q13 vs. 2Q13 ( in millions) 3Q13 2Q13 Adjusted EBITDA 125.2 107.6 Total Capex 127.6 169.5 Maintenance Capex 7.4 6.2 Maint. Capex as % of EBITDA 6% 6% Distributable Cash Flow 105.9 89.8 Coverage Ratio…
Operating Summary Average Daily Throughput of 3.3 Bcf/d Solid growth in DJ, Eagleford and Marcellus Increases at Chipeta and Hilight Gross Margin Attributable to WES of 0.59 Per Mcf 0.04 higher than 2Q13 Lancaster Train I…
Updated 2013 Outlook Previously Current Variance ( in millions) Announced Adjusted EBITDA 410-450 440-450 15 Maint. Capex as % of Adj. EBITDA 9 - 12% 7 - 10% (2%) Total Capex* 670-740 670-740 - Minimum WES Distribution Growth 15%…
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WES Non-GAAP Reconciliation Reconciliation of Adjusted EBITDA to Net Cash Provided by Operating Activities The Partnership defines Adjusted EBITDA as net income attributable to Western Gas Partners, LP, plus distributions from equity…
WES Non-GAAP Reconciliation Reconciliation of Net income attributable to Western Gas Partners, LP to Adjusted EBITDA The Partnership defines Adjusted EBITDA as net income attributable to Western Gas Partners, LP, plus distributions…
WES Non-GAAP Reconciliation Reconciliation of Net income attributable to Western Gas Partners, LP to Distributable cash flow and calculation of the Coverage ratio The Partnership defines Distributable cash flow as Adjusted EBITDA, plus…
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