Recent Highlights Closed Marcellus Acquisitions Raised WES Distribution to 0.54 per unit 17% growth over 1Q12 Raised WGP Distribution to 0.17875 per unit 8% growth over non-prorated 4Q12 Receipt of Investment-grade Credit…
WES Financial Summary 1Q13 vs. 4Q12 ( in millions) 1Q13 4Q12(1) Adjusted EBITDA 95.9 83.3 Total Capex 161.5 154.7 Maintenance Capex 6.0 6.2 Maint. Capex as % of EBITDA 6% 7% Distributable Cash Flow 79.1 67.2 Coverage Ratio…
Operating Summary Average Daily Throughput of 2.9 Bcf/d Sequential growth in DJ Basin, Chipeta, and Red Desert Year-to-date growth in Marcellus Mechanical Issues at Chipeta Train II down for approximately 7 weeks during quarter…
2013 Outlook Full-Year ( in millions) 2013 WES Adjusted EBITDA(1) 410 450 WES Total Capex(1)(2) 550 600 WES Maint. Capex as % of Adj. EBITDA 9 12% WES Minimum Distribution Growth 15% WGP Minimum Distribution Growth 33% (1)…
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WES Non-GAAP Reconciliation Adjusted EBITDA The Partnership defines Adjusted EBITDA as net income attributable to Western Gas Partners, LP, plus distributions from equity investees, non-cash equity-based compensation expense,…
WES Non-GAAP Reconciliation Distributable Cash Flow The Partnership defines Distributable cash flow as Adjusted EBITDA, plus interest income, less net cash paid for interest expense (including amortization of deferred debt issuance…
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