Western Gas Equity Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.40375 per unit for the fourth quarter of 2015, marking a full-year 2015 distribution increase of 33% over the full-year 2014. This distribution also represents a 6% increase over the prior quarter and a 29% increase over the fourth quarter of 2014. WGP's fourth quarter 2015 distribution is payable on February 22, 2016, to unitholders of record at the close of business on February 1, 2016.