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Western Gas Equity Partners (WGP) jumped 27% in its stock market debut, another sign of strength...
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Friday, December 7, 2012, 6:11 PM ETWestern Gas Equity Partners (WGP) jumped 27% in its stock market debut, another sign of strength for new offerings from energy partnerships. The IPO priced at $22 and closed at $28.17; the company raised $378M. WGP's cash-generating assets are its interests in Western Gas Partners (WES), which transports and gathers natural gas for its parent, Anadarko Petroleum (APC).
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