Business Context and Reporting Period
This Form 8-K is a current report filed by Western Gas Equity Partners, LP (note: the metadata references "Western Midstream Partners, LP" but the filing text identifies "Western Gas Equity Partners, LP") dated March 22, 2016. The report addresses a specific corporate governance event regarding the departure of a senior officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the departure of Jacqueline A. Dimpel. On March 22, 2016, it was announced that her employment with Anadarko Petroleum Corporation will terminate effective April 8, 2016. Consequently, her service as Senior Vice President of the registrant's general partner and its wholly owned subsidiary, Western Gas Holdings, LLC, will also terminate on that date.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the specific personnel departure noted above.
Investor Verification Checklist
- Verify the effective date of Jacqueline A. Dimpel's departure (April 8, 2016).
- Confirm the specific roles being vacated: Senior Vice President of the general partner and Western Gas Holdings, LLC.
- Check for subsequent filings regarding the appointment of a replacement for the vacated positions.
- Clarify the relationship between the registrant name in the text (Western Gas Equity Partners, LP) and the metadata name (Western Midstream Partners, LP).