Western Gas Equity Partners, LP also announced that the board of directors of its general partner declared a quarterly cash distribution of $0.54875 per unit for the fourth quarter of 2017, marking a full-year 2017 distribution increase of 19% over the full-year 2016. This distribution represents a 2% increase over the prior quarter and a 19% increase over the fourth quarter of 2016. WGP's fourth quarter 2017 distribution is payable on February 22, 2018, to unitholders of record at the close of business on February 1, 2018.