Western Gas Equity Partners L.P. Company Profile (NYSE:WGP)

Analyst Ratings

Consensus Ratings for Western Gas Equity Partners L.P. (NYSE:WGP) (?)
Ratings Breakdown: 1 Sell Rating(s), 12 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: $41.46 (10.98% upside)

Analysts' Ratings History for Western Gas Equity Partners L.P. (NYSE:WGP)
Show:
DateFirmActionRatingPrice TargetActions
7/29/2016Citigroup Inc.Boost Price TargetNeutral$36.00 -> $37.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/29/2016Janney Montgomery ScottInitiated CoverageBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/17/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$45.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/8/2016WunderlichBoost Price TargetHold$28.00 -> $33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/30/2016JPMorgan Chase & Co.Boost Price TargetOverweight$35.00 -> $39.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/17/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$39.00 -> $37.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/11/2016Goldman Sachs Group Inc.DowngradeBuy -> Neutral$34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016Barclays PLCLower Price TargetEqual Weight$35.00 -> $34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/25/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$27.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/17/2016Bank of America Corp.DowngradeNeutral -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/15/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/14/2016Capital One Financial Corp.Initiated CoverageEqual Weight$47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/13/2016Seaport Global SecuritiesDowngradeBuy -> Accumulate$54.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/16/2015Deutsche Bank AGReiterated RatingHold$49.00 -> $44.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/2/2015Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/20/2015Royal Bank Of CanadaBoost Price TargetBuy$67.00 -> $69.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/15/2014MLV & Co.Initiated CoverageBuy$67.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/26/2014MizuhoInitiated CoverageNeutral$65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for Western Gas Equity Partners L.P. (NYSE:WGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/26/2016        
7/26/2016Q2$0.33$0.41$436.41 million$428.66 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2016Q1$0.27$0.32$411.70 million$383.14 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/24/2016Q4$0.26$0.39$381.37 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2015Q3$0.27$0.40$384.46 million$385.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2015Q2$0.25$0.31$380.04 million$402.41 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/18/2015Q4$0.27$1.02$361.75 million$337.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.27$0.27$360.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2014Q214$0.24$0.25$331.73 million$329.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2014Q114$0.21$0.54$293.96 million$275.46 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014Q413$0.18$0.56$275.11 million$290.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013Q313$0.16$0.20$272.15 million$278.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2013Q213$0.13$0.16$258.14 million$255.13 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Gas Equity Partners L.P. (NYSE:WGP)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Western Gas Equity Partners L.P. (NYSE:WGP)
Annual Dividend:$1.74
Dividend Yield:4.66%
Payout Ratio:175.76% (Based on Trailing 12 Months of Earnings)
111.54% (Based on Current Year Consensus EPS Estimate)
93.05% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Western Gas Equity Partners L.P. (NYSE:WGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
7/21/2016$0.437/28/20168/1/20168/22/2016Tweet This Announcement  Share This Announcement on StockTwits
4/22/2016$0.424/28/20165/2/20165/22/2016Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016$0.401/28/20162/1/20162/22/2016Tweet This Announcement  Share This Announcement on StockTwits
10/15/2015$0.3810/29/201511/2/201511/20/2015Tweet This Announcement  Share This Announcement on StockTwits
4/22/2015quarterly$0.342.17%4/28/20154/30/20155/22/2015Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015quarterly$0.312.16%1/29/20152/2/20152/20/2015Tweet This Announcement  Share This Announcement on StockTwits
10/22/2014quarterly$0.291.95%10/29/201410/31/201411/21/2014Tweet This Announcement  Share This Announcement on StockTwits
7/21/2014quarterly$0.271.76%7/29/20147/31/20148/22/2014Tweet This Announcement  Share This Announcement on StockTwits
4/17/2014quarterly$0.252.04%4/28/20144/30/20145/23/2014Tweet This Announcement  Share This Announcement on StockTwits
1/20/2014quarterly$0.232.24%1/29/20141/31/20142/21/2014Tweet This Announcement  Share This Announcement on StockTwits
10/18/2013quarterly$0.212.24%10/29/201310/31/201311/21/2013Tweet This Announcement  Share This Announcement on StockTwits
7/18/2013quarterly$0.201.88%7/29/20137/31/20138/21/2013Tweet This Announcement  Share This Announcement on StockTwits
4/17/2013quarterly$0.182.09%4/26/20134/30/20135/22/2013Tweet This Announcement  Share This Announcement on StockTwits
1/24/2013quarterly$0.041/30/20132/1/20132/21/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Western Gas Equity Partners L.P. (NYSE:WGP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/17/2016Donald R SinclairCEOSell50,000$36.26$1,813,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/17/2016Petroleum Corp AnadarkoMajor ShareholderSell12,500,000$38.09$476,125,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/3/2016Donald R SinclairCEOSell27,970$42.35$1,184,529.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/1/2016Donald R SinclairCEOSell72,030$42.81$3,083,604.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/31/2016Donald R SinclairCEOSell28,913$42.88$1,239,789.44View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2015Petroleum Corp AnadarkoMajor ShareholderSell2,300,000$56.45$129,835,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/6/2012Donald R SinclairCEOBuy300,000$22.00$6,600,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Western Gas Equity Partners L.P. (NYSE:WGP)
DateHeadline
07/27/16 07:44 PMWestern Gas Equity Partners' (WGP) CEO Don Sinclair on Q2 2016 Results - Earnings Call Transcript
07/20/16 08:21 PMWestern Gas Equity Partners : Announces Second Quarter 2016 Distribution And Schedules Earnings Conference Call
07/12/16 07:29 PMWhat Does Energy Transfer Equity’s Current Valuation Indicate?
07/12/16 09:11 AMWhich Midstream Stocks Have the Highest Implied Volatilities? -
07/06/16 07:45 PMWhat Are Anadarko’s Key Management Objectives and Strategies?
06/30/16 07:28 PMFitch Expects to Rate Western Gas Partners, LP's Senior Unsecured Notes 'BBB-'
06/23/16 08:08 AMKeeping a Close Eye on ETE and WMB This Week -
06/17/16 11:30 AMWestern Gas Equity Partners LP – Value Analysis (NYSE:WGP) : June 17, 2016 -
06/16/16 08:32 AMWESTERN GAS EQUITY PARTNERS, LP : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)
06/16/16 05:05 AMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements -
06/15/16 07:43 AMWestern Gas Equity Partners LP breached its 50 day moving average in a Bearish Manner : WGP-US : June 15, 2016 -
06/14/16 06:50 PMWestern Gas Equity Partners in 12.5M-unit LP offering
06/14/16 06:50 PMWestern Gas Equity Partners Announces Pricing of Common Unit Offering by Subsidiary of Anadarko
06/14/16 06:50 PMWestern Gas Equity Partners is Now Oversold (WGP)
06/13/16 03:49 PMWestern Gas Equity Partners Announces Launch of Common Unit Offering by Subsidiary of Anadarko - [at noodls] - HOUSTON, June 13, 2016 /PRNewswire/ -- Western Gas Equity Partners, LP (NYSE: WGP) (the 'Partnership') today announced that Western Gas Resources, Inc. ('Western Gas Resources'), a subsidiary of Anadarko ...
06/10/16 03:41 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
06/08/16 10:26 AMSinclair Donald R., CEO, President & Director of Western Gas Equity Partners (NYSE:WGP) sells 24,807 shares
06/06/16 11:14 AM5 energy companies having the best returns on capital despite weak oil prices : June 6, 2016 -
06/03/16 10:21 AMSinclair Donald R., CEO, President & Director of Western Gas Equity Partners (NYSE:WGP) sells 28,913 shares
05/10/16 09:27 AMWestern Gas Equity Partners LP :WGP-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/06/16 09:20 AMWestern Gas Equity Partners' (WGP) CEO Don Sinclair on Q1 2016 Results - Earnings Call Transcript - Good day and welcome to the Western Gas First Quarter 2016 Results Conference Call ... which is a 12% increase over the first quarter of last year. We also raised the WGP quarterly distribution to $0.42375 per unit, which is a 24% increase over Q1 of ...
05/04/16 12:33 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 10-Q, Quarterly Report -
05/03/16 06:07 AMQ1 2016 Western Gas Equity Partners LP Earnings Release - After Market Close -
04/28/16 09:29 AM3 Stocks Going Ex-Dividend Tomorrow: WGP, SHLX, AES - Highlighted Stocks Going Ex-Dividend Tomorrow: Owners of Western Gas Equity Partners (NYSE: WGP) shares, as of market close today ... Western Gas Equity Partners, LP gathers, processes, compresses, treats, and transports natural gas, condensate, NGLs ...
04/26/16 10:50 AMEx-Dividend Reminder: Western Gas Partners, EnLink Midstream and ONEOK Partners - Looking at the universe of stocks we cover at Dividend Channel, on 4/28/16, Western Gas Partners LP (Symbol: WES), EnLink Midstream LLC (Symbol: ENLC), and ONEOK Partners LP (Symbol: OKS) will all trade ex-dividend for their respective upcoming dividends.
04/22/16 10:32 AMWestern Gas Announces First Quarter 2016 Distribution And Schedules Earnings Conference Call - [PR Newswire] - HOUSTON, April 22, 2016 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.815 per unit ...
04/07/16 01:56 PMMorgan Stanley Begins Coverage on Western Gas Equity Partners, LP (WGP) Giving It An Initial Rating Of “Equal-weight” - Morgan Stanley started coverage giving it an initial rating of “Equal-weight” and projecting a price target of $27.00. On January 13, 2016 the stock rating was rated “Accumulate” in a report from Seaport Global which is down from the previous ...
04/02/16 01:28 PMHow Many Western Gas Partners, LP (NYSE:WES)'s Analysts Are Bullish? - Western Gas Equity Partners LP (NYSE:WGP) has received a consensus recommendation of "Hold" from the fifteen analysts that are presently covering the company, MarketBeat reports. 06/19/2015 - JP Morgan began new coverage on Western Gas Partners ...
04/02/16 01:27 PMWestern Gas Equity Partners LP (WGP) PT Raised to $39.00 - Western Gas Equity Partners, LP (NYSE:WGP) stock has a price target set of $39.8 for next one year. Western Gas Partners LP was Downgraded by Credit Suisse to " Neutral" on Mar 17, 2016. The two figures used to compute P/E ratio are the latest stock price ...
04/02/16 01:27 PMTime to Buy Western Gas Equity Partners LP After Today's Huge Decline? - Western Gas Equity Partners, LP (NYSE:WGP) stock has a price target set of $39.8 for next one year. 02/25/2016 - Morgan Stanley began new coverage on Western Gas Partners, LP giving the company a "equal-weight" rating. JPMorgan Chase & Co.'s target price ...
03/28/16 03:52 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Change in Directors or Principal Officers -
03/16/16 03:32 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisi -
03/15/16 11:47 AMWestern Gas Equity Partners : Closes Springfield Acquisition And Related Financing Transactions - For more information about Western Gas Partners, LP or Western Gas Equity Partners, LP, please visit www.westerngas.com. 02/24 WESTERN GAS EQUITY PARTNERS: Results of Operations and Financial Condition, Fin.. 02/24 WESTERN GAS EQUITY PARTNERS: Announces ...
03/04/16 11:15 AMWestern Gas Equity Partners LP :WGP-US: Earnings Analysis: Q4, 2015 By the Numbers -
03/01/16 09:52 AMWestern Gas Equity Partners LP Earnings Analysis: 2015 By the Numbers -
03/01/16 07:18 AMWestern Gas Equity Partners LP breached its 50 day moving average in a Bullish Manner : WGP-US : March 1, 2016 -
02/25/16 12:58 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 10-K, Annual Report -
02/25/16 08:20 AMAnadarko inks three deals valued at more than $1 billion combined -
02/25/16 05:00 AMWestern Gas Equity reports 4Q loss -
02/24/16 04:07 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen -
02/24/16 06:07 AMQ4 2015 Western Gas Equity Partners LP Earnings Release - After Market Close -
02/03/16 03:57 PMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 10-Q/A, Quarterly Report -
01/28/16 05:09 AMWESTERN GAS EQUITY PARTNERS, LP Files SEC form 8-K, Material Impairments, Non-Reliance on Previous Financials, Audits -
01/26/16 11:02 AMEx-Dividend Reminder: Western Gas Equity Partners, Superior Energy Services and Shell Midstream Partners - Looking at the universe of stocks we cover at Dividend Channel, on 1/28/16, Western Gas Equity Partners LP (Symbol: WGP), Superior Energy Services, Inc. (Symbol: SPN), and Shell Midstream Partners LP (Symbol: SHLX) will all trade ex-dividend for their ...
01/21/16 05:07 PM6:07 pm Western Gas Equity Partners increases quarterly distribution to $0.40/share from $0.38/share -
01/21/16 04:45 PMWestern Gas Announces Fourth Quarter 2015 Distribution And Schedules Earnings Conference Call - [PR Newswire] - HOUSTON, Jan. 21, 2016 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.80 per unit for ...
01/21/16 07:44 AMWestern Gas Equity Partners (WGP) in Focus: Stock Tanks 19.1% -
01/20/16 09:45 AMMLP Slide Accelerates; Alerian Index Down 30% So Far in January -
01/15/16 06:18 AMWestern Gas Equity Partners downgraded by Wells Fargo -
11/02/15 10:15 AMWestern Gas Earnings: Massive Dividend Increases but Don't Expect the Same in 2016 -

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About Western Gas Equity Partners L.P.

Western Gas Equity Partners L.P. logoWestern Gas Equity Partners, LP (WGP) is a limited partnership formed in to own approximately three types of partnership interests in Western Gas Partners, LP (WES). WES owns, operates, acquires and develops midstream energy assets. Through its subsidiary WES, the Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko). The types of partnership interests owned by WGP include the general partner interest in WES, held through Western Gas Holdings, LLC (WES GP); the incentive distribution rights (IDRs) in WES, which entitle WGP to receive increasing percentages, till approximately 48%, of any incremental cash distributed by WES as certain target distribution levels are reached in any quarter, and a limited partner interest in WES. WES's assets are located in the Rocky Mountains, the Mid-Continent, North-central Pennsylvania and Texas.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WGP
  • CUSIP:
Key Metrics:
  • Previous Close: $37.20
  • 50 Day Moving Average: $37.94
  • 200 Day Moving Average: $34.77
  • P/E Ratio: 37.51
  • P/E Growth: 0.79
  • Market Cap: $8.18B
  • Beta: 1.75
  • Current Year EPS Consensus Estimate: $1.56 EPS
  • Next Year EPS Consensus Estimate: $1.87 EPS
Additional Links:
Western Gas Equity Partners L.P. (NYSE:WGP) Chart for Saturday, July, 30, 2016