Western Gas Equity Partners (NYSE: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 (NYSE:WES), which transports and gathers natural gas for its parent, Anadarko Petroleum (NYSE:APC).
Western Gas Equity Partners (NYSE:WGP) jumped 27% in its stock market debut, another sign of...
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Symbol | Last Price | % Chg |
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WGP-OLD | - | - |
Western Gas Equity Partners, LP |