Western Gas Partners, LP Company Profile (NYSE:WES)

About Western Gas Partners, LP

Western Gas Partners, LP logoWestern Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. 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), as well as third-party producers and customers. It operates in the segment of gathering, processing, compressing, treating and transporting Anadarko and third-party natural gas, condensate, NGLs and crude oil in the United States. Its operations and activities are managed by its general partner, which is indirectly controlled by Anadarko through Western Gas Equity Partners, LP (WGP). Anadarko is an independent oil and gas exploration and production company. The Company's assets and investments are located in the Rocky Mountains (Colorado, Utah and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WES
  • CUSIP:
Key Metrics:
  • Previous Close: $51.60
  • 50 Day Moving Average: $49.81
  • 200 Day Moving Average: $48.13
  • 52-Week Range: $142,617,000.00 - $25.40
  • Trailing P/E Ratio: 305.33
  • Foreward P/E Ratio: 19.92
  • P/E Growth: 4.58
  • Market Cap: $7.36B
  • Outstanding Shares: 142,617,000
  • Beta: 0.96
Additional Links:
Companies Related to Western Gas Partners, LP:

Analyst Ratings

Consensus Ratings for Western Gas Partners, LP (NYSE:WES) (?)
Ratings Breakdown: 9 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $51.79 (0.36% upside)

Analysts' Ratings History for Western Gas Partners, LP (NYSE:WES)
Show:
DateFirmActionRatingPrice TargetDetails
7/29/2016Janney Montgomery ScottInitiated CoverageBuy$60.00View Rating Details
7/28/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
6/17/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$59.00View Rating Details
5/4/2016Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
4/12/2016Drexel HamiltonReiterated RatingBuy$51.00View Rating Details
4/8/2016WunderlichBoost Price TargetBuy$40.00 -> $45.00View Rating Details
4/7/2016Citigroup Inc.Lower Price TargetNeutral$57.00 -> $45.00View Rating Details
3/30/2016JPMorgan Chase & Co.Boost Price TargetOverweight$45.00 -> $50.00View Rating Details
2/29/2016Barclays PLCBoost Price TargetOverweight$45.00 -> $48.00View Rating Details
2/25/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$35.00View Rating Details
1/28/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
1/25/2016Tudor PickeringDowngradeBuy -> HoldView Rating Details
1/13/2016Seaport Global SecuritiesReiterated RatingBuy -> Accumulate$62.00 -> $48.00View Rating Details
1/12/2016Bank of America Corp.DowngradeBuy -> Neutral$74.00 -> $47.00View Rating Details
11/16/2015Deutsche Bank AGReiterated RatingBuy$64.00 -> $57.00View Rating Details
9/28/2015FBR & CoLower Price TargetOutperform$75.00 -> $72.00View Rating Details
9/11/2015Goldman Sachs Group Inc.Lower Price Target$88.00 -> $70.00View Rating Details
7/31/2015MLV & Co.Boost Price TargetBuy$71.00 -> $75.00View Rating Details
9/26/2014MizuhoInitiated CoverageBuy$83.00View Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for Western Gas Partners, LP (NYSE:WES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
7/26/2016Q216$0.48$0.55$438.63 million$428.70 millionViewListenView Earnings Details
5/3/2016Q116$0.39$0.31$411.68 million$383.14 millionViewN/AView Earnings Details
2/24/2016Q415$0.32($1.60)$383.35 million$371.29 millionViewListenView Earnings Details
10/28/2015Q315$0.41$0.77$388.42 million$385.10 millionViewListenView Earnings Details
7/29/2015Q2$0.39$0.44$370.06 million$402.40 millionViewListenView Earnings Details
5/5/2015Q414$0.44$0.26$2.52 billion$375.10 millionViewN/AView Earnings Details
2/18/2015Q4$0.54$0.42$351.79 million$337.90 millionViewListenView Earnings Details
10/28/2014Q314$0.59$0.60$348.70 million$326.47 millionViewN/AView Earnings Details
8/5/2014Q214$0.56$0.57$319.02 million$329.90 millionViewListenView Earnings Details
5/6/2014Q114$1.16$0.54$3.86 billion$279.50 millionViewListenView Earnings Details
2/27/2014Q413$0.46$0.56$272.80 million$290.60 millionViewListenView Earnings Details
11/7/2013Q313$0.42$0.53$266.41 million$278.00 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.40$0.41$252.46 million$255.10 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.37$0.31$250.47 million$229.80 millionViewListenView Earnings Details
2/27/2013Q4 2012$0.43($0.27)$229.15 million$212.80 millionViewListenView Earnings Details
10/31/2012Q312$0.42$0.33$216.50 million$219.02 millionViewN/AView Earnings Details
8/1/2012$0.45$0.33ViewN/AView Earnings Details
5/2/2012$0.48$0.48ViewN/AView Earnings Details
11/1/2011$0.45$0.41ViewN/AView Earnings Details
8/3/2011$0.44$0.39ViewN/AView Earnings Details
5/5/2011$0.40$0.43ViewN/AView Earnings Details
2/23/2011$0.41$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Gas Partners, LP (NYSE:WES)
Current Year EPS Consensus Estimate: $1.88 EPS
Next Year EPS Consensus Estimate: $2.59 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.32$0.37$0.35
Q2 20162$0.41$0.43$0.42
Q3 20162$0.46$0.48$0.47
Q4 20162$0.42$0.49$0.46
Q1 20171$0.46$0.46$0.46
Q2 20171$0.53$0.53$0.53
Q3 20171$0.57$0.57$0.57
Q4 20171$0.58$0.58$0.58
Q1 20181$0.55$0.55$0.55
Q2 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Western Gas Partners, LP (NYSE:WES)
Annual Dividend:$3.32
Dividend Yield:6.43%
Dividend Growth:16.20% (3 Year Average)
Payout Ratio:176.60% (Based on Current Year Consensus EPS Estimate)
128.19% (Based on Next Year Consensus EPS Estimate)
Track Record:8 Years of Consecutive Dividend Growth

Dividend History for Western Gas Partners, LP (NYSE:WES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.826.55%7/28/20168/1/20168/12/2016
4/22/2016quarterly$0.826.67%4/28/20165/2/20165/13/2016
1/21/2016quarterly$0.809.04%1/28/20162/1/20162/11/2016
10/16/2015quarterly$0.785.74%10/29/201511/2/201511/12/2015
7/16/2015$0.757/29/20157/31/20158/12/2015
4/20/2015quarterly$0.734.09%4/28/20154/30/20155/13/2015
1/22/2015quarterly$0.701/29/20152/2/20152/12/2015
10/20/2014quarterly$0.683.71%10/29/201410/31/201411/13/2014
7/18/2014quarterly$0.653.36%7/29/20147/31/20148/13/2014
4/21/2014quarterly$0.633.66%4/28/20144/30/20145/14/2014
1/20/2014quarterly$0.603.96%1/29/20141/31/20142/12/2014
10/16/2013quarterly$0.583.83%10/29/201310/31/201311/12/2013
7/18/2013quarterly$0.563.57%7/29/20137/31/20138/12/2013
4/17/2013quarterly$0.543.73%4/26/20134/30/20135/13/2013
1/21/2013quarterly$0.522/1/20132/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Western Gas Partners, LP (NYSE:WES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/23/2016James R CraneDirectorSell129,914$50.86$6,607,426.04View SEC Filing  
9/21/2016James R CraneDirectorSell57,064$50.00$2,853,200.00View SEC Filing  
9/20/2016James R CraneDirectorSell6,307$50.08$315,854.56View SEC Filing  
9/19/2016James R CraneDirectorSell6,715$50.01$335,817.15View SEC Filing  
9/13/2016David J TudorDirectorSell4,000$49.12$196,480.00View SEC Filing  
8/4/2016James R CraneDirectorSell55,406$50.23$2,783,043.38View SEC Filing  
8/1/2016James R CraneDirectorSell47,223$50.69$2,393,733.87View SEC Filing  
7/14/2016James R CraneDirectorSell60,456$50.39$3,046,377.84View SEC Filing  
7/11/2016James R CraneDirectorSell36,915$50.41$1,860,885.15View SEC Filing  
6/17/2016Donald R SinclairCEOSell10,000$46.90$469,000.00View SEC Filing  
5/31/2016Donald R SinclairCEOSell10,000$50.10$501,000.00View SEC Filing  
3/14/2016Petroleum Corp AnadarkoMajor ShareholderBuy2,089,602$29.91$62,499,995.82View SEC Filing  
12/17/2014James R CraneDirectorSell300,000$68.77$20,631,000.00View SEC Filing  
6/3/2014Milton CarrollDirectorSell1,280$72.50$92,800.00View SEC Filing  
3/6/2014David TudorDirectorSell2,500$64.50$161,250.00View SEC Filing  
3/3/2014Petroleum Corp Anadarkomajor shareholderBuy308,490$60.78$18,750,022.20View SEC Filing  
12/3/2013James CraneDirectorBuy100,000$61.51$6,151,000.00View SEC Filing  
5/14/2013Donald R SinclairCEOBuy1,634$61.18$99,968.12View SEC Filing  
5/14/2013James R CraneDirectorBuy25,000$61.18$1,529,500.00View SEC Filing  
3/1/2013Petroleum Corp AnadarkoMajor ShareholderBuy449,129$54.55$24,499,986.95View SEC Filing  
11/13/2012David J TudorDirectorSell3,000$49.23$147,690.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Western Gas Partners, LP (NYSE:WES)
DateHeadline
marketrealist.com logoWestern Gas Sees Declining Volumes in This Energy Market (NYSE:WES)
marketrealist.com - September 23 at 7:24 PM
marketrealist.com logoWhat’s Driving Western Gas’s per-Unit Gross Margins? (NYSE:WES)
marketrealist.com - September 23 at 7:24 PM
News IconSell-side is Weighing in on Western Gas Partners, LP (NYSE:WES ... - Frisco Fastball (NYSE:WES)
friscofastball.com - September 23 at 6:31 AM
fidaily.com logoInsider Activity – Western Gas Partners, LP Limite (NYSE:WES) (NYSE:WES)
www.fidaily.com - September 22 at 7:41 PM
News IconStock Update on Earnings & Estimates for Western Gas Partners, LP ... - Frisco Fastball (NYSE:WES)
friscofastball.com - September 22 at 6:40 AM
News IconShares Have Ticked Up Over the Last Five Trading Sessions: Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - September 20 at 5:50 AM
moodys.com logoMoody's changes Anadarko Petroleum's rating outlook to stable - Moodys.com (press release) (subscription) (NYSE:WES)
www.moodys.com - September 17 at 6:34 AM
streetinsider.com logoForm 4 Western Gas Partners LP For: Sep 13 Filed by: Tudor David J - StreetInsider.com (NYSE:WES)
www.streetinsider.com - September 17 at 6:34 AM
streetinsider.com logoForm 4 Western Gas Partners LP For: Sep 13 Filed by: Tudor David J (NYSE:WES)
www.streetinsider.com - September 16 at 11:44 AM
fidaily.com logoWestern Gas Partners, LP Limite (NYSE:WES) Trading Down – Insiders Are Selling (NYSE:WES)
www.fidaily.com - September 16 at 11:44 AM
realistinvestor.com logoWestern Gas Partners, LP (NYSE:WES) Is Expected To Post EPS Of $0.65 (NYSE:WES)
www.realistinvestor.com - September 15 at 11:51 AM
realistinvestor.com logoWestern Gas Partners, LP (NYSE:WES) Is Expected To Post EPS Of ... - RealistInvestor.com (NYSE:WES)
www.realistinvestor.com - September 14 at 8:17 PM
capitalcube.com logoWestern Gas Partners LP – Value Analysis (NYSE:WES) : September 13, 2016 (NYSE:WES)
www.capitalcube.com - September 14 at 12:28 PM
News IconSell-side is Weighing in on Western Gas Partners, LP (NYSE:WES) Earnings - Frisco Fastball (NYSE:WES)
friscofastball.com - September 12 at 7:33 PM
News IconWestern Gas Equity Partners, LP (NYSE:WGP) Broker Price Targets ... - National Daily Press (NYSE:WES)
www.nationaldailypress.com - September 12 at 7:33 PM
News IconAnalysts Valuations For Two Stocks: Western Gas Equity Partners LP (NYSE:WGP), Energen Corporation (NYSE:EGN) - The Voice Registrar (NYSE:WES)
voiceregistrar.com - September 10 at 6:31 AM
News IconStock Valuation Recap for Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - September 10 at 6:31 AM
News IconWestern Gas Partners, LP (NYSE:WES): What is the Sell-side Making of this Stock? - Post News (NYSE:WES)
www.kentuckypostnews.com - September 9 at 6:25 AM
seekingalpha.com logoWestern Gas Partners: A Unit Price Premium Is Justified By A Strong Operating Position In The Midstream Sector - Seeking Alpha (NYSE:WES)
seekingalpha.com - September 7 at 8:10 PM
seekingalpha.com logoWestern Gas Partners: A Unit Price Premium Is Justified By A Strong Operating Position In The Midstream Sector (NYSE:WES)
seekingalpha.com - September 7 at 11:59 AM
News IconShares Higher Over the Last Five Trading Sessions: Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - September 6 at 6:34 AM
News IconInstitutions Have Decreased Positions in Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - September 2 at 7:40 AM
prnewswire.com logoWestern Gas To Present At Upcoming Barclays CEO Energy-Power Conference - PR Newswire (press release) (NYSE:WES)
www.prnewswire.com - September 1 at 8:04 PM
investornewswire.com logoWill Western Gas Partners, LP (NYSE:WES) Keep up With Analyst ... - Investor Newswire (NYSE:WES)
www.investornewswire.com - August 28 at 6:46 AM
News IconA look at Estimates for Western Gas Partners, LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 25 at 6:35 AM
finance.yahoo.com logoWesfarmers FY net profit slips on writedowns (NYSE:WES)
finance.yahoo.com - August 24 at 11:17 AM
finance.yahoo.com logoOptimistic about outlook for Homebase: Wesfarmers (NYSE:WES)
finance.yahoo.com - August 24 at 11:17 AM
finance.yahoo.com logoImportant to get fiscal policy right in Australia: CEO (NYSE:WES)
finance.yahoo.com - August 24 at 11:17 AM
News IconAnalyst Rating Update on Western Gas Partners, LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 21 at 7:11 PM
News IconStock Gaining Over the Past Six Months: Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 21 at 7:11 PM
News IconStock in Limelight: Market Weighs in on Western Gas Partners, LP ... - Post News (NYSE:WES)
www.kentuckypostnews.com - August 20 at 10:34 AM
News IconBrokerage Firm Targets in Focus for Western Gas Partners, LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 19 at 8:02 PM
News IconShare Valuation Review for Western Gas Partners LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 19 at 8:02 PM
realistinvestor.com logoAnalysts See Western Gas Partners, LP (NYSE:WES) Reporting EPS Of $0.67 (NYSE:WES)
www.realistinvestor.com - August 18 at 11:22 AM
News IconEarnings Analysis & Update for Western Gas Partners, LP (NYSE:WES)? - Post News (NYSE:WES)
www.kentuckypostnews.com - August 17 at 8:34 PM
News IconCrowd & Street Monitoring Western Gas Partners, LP (NYSE:WES) - Post News (NYSE:WES)
www.kentuckypostnews.com - August 17 at 8:34 PM
capitalcube.com logoETF’s with exposure to Western Gas Partners LP : August 16, 2016 (NYSE:WES)
www.capitalcube.com - August 16 at 8:19 PM
capitalcube.com logoWestern Gas Partners LP breached its 50 day moving average in a Bullish Manner : WES-US : August 15, 2016 (NYSE:WES)
www.capitalcube.com - August 15 at 10:17 AM
capitalcube.com logoWestern Gas Partners LP :WES-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:WES)
www.capitalcube.com - August 8 at 8:27 PM
tradecalls.org logoCitigroup Maintains Western Gas Equity Partners LP to Neutral with Price Target $37.00 - Trade Calls (NYSE:WES)
www.tradecalls.org - August 8 at 6:38 AM
tradecalls.org logoJanney Capital Initiates Coverage on Western Gas Partners LP to ... - Trade Calls (NYSE:WES)
www.tradecalls.org - August 8 at 6:38 AM
capitalcube.com logoWessanen NV :WES-NL: Earnings Analysis: Q1, 2016 By the Numbers : August 8, 2016 (NYSE:WES)
www.capitalcube.com - August 8 at 6:38 AM
capitalcube.com logoETF’s with exposure to Western Gas Partners LP : August 4, 2016 (NYSE:WES)
www.capitalcube.com - August 4 at 8:43 PM
tradecalls.org logoUBS Maintains Western Gas Partners LP to Buy with Price Target $56.00 - Trade Calls (NYSE:WES)
www.tradecalls.org - August 3 at 8:38 PM
marketrealist.com logoWhat Drove Boardwalk Pipeline’s 2Q16 Earnings Growth? (NYSE:WES)
marketrealist.com - August 3 at 11:36 AM
tradecalls.org logoPointe Capital Management Lowers stake in Western Gas Partners LP (WES) - Trade Calls (NYSE:WES)
www.tradecalls.org - August 2 at 8:39 PM
capitalcube.com logoWestern Gas Partners LP breached its 50 day moving average in a Bearish Manner : WES-US : August 2, 2016 (NYSE:WES)
www.capitalcube.com - August 2 at 8:39 PM
finance.yahoo.com logoWESTERN GAS PARTNERS LP Financials (NYSE:WES)
finance.yahoo.com - August 2 at 8:39 PM
marketrealist.com logoFrac Spread Fell by 24.8% in the Last Two Weeks of July: Impact on MLPs (NYSE:WES)
marketrealist.com - August 2 at 8:39 PM
marketrealist.com logoWestern Gas Partners Increases 2016 Guidance: Key Highlights (NYSE:WES)
marketrealist.com - July 28 at 11:05 AM

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Western Gas Partners, LP (NYSE:WES) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff