Western Gas Equity Partners (WGP +6.8%) surges after at least two firms start coverage with...

|About: Western Gas Equity Partners... (WGP)|By:, SA News Editor

Western Gas Equity Partners (WGP +6.8%) surges after at least two firms start coverage with strong ratings. Barclays initiates at Overweight, forecasting WGP will be able to grow distribution by 41% in 2013 and 30% in 2014. Citigroup comes in at Buy, saying units remain attractive given the visibility to multiple years of double-digit growth supported by strong midstream fundamentals.