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: $50.27
  • 50 Day Moving Average: $49.84
  • 200 Day Moving Average: $46.09
  • Trailing P/E Ratio: 299.11
  • Foreward P/E Ratio: 19.98
  • P/E Growth: 4.37
  • Market Cap: $7.21B
  • 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: $53.00 (4.85% 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 8/28/2014 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: $1.93 EPS
Next Year EPS Consensus Estimate: $2.53 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:6.57%
Payout Ratio:172.02% (Based on Current Year Consensus EPS Estimate)
131.23% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:16.20% (3 Year Average)

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
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
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
marketrealist.com logoWhat Drove Western Gas Partners’ 2Q16 EBITDA Growth? (NYSE:WES)
marketrealist.com - July 28 at 11:05 AM
biz.yahoo.com logoWESTERN GAS PARTNERS LP Files SEC form 10-Q, Quarterly Report (NYSE:WES)
biz.yahoo.com - July 27 at 2:31 PM
biz.yahoo.com logoWestern Gas Partners LP & Western Gas equity partners Earnings Call scheduled for 12:00 pm ET today (NYSE:WES)
biz.yahoo.com - July 27 at 12:00 PM
nasdaq.com logoEx-Dividend Reminder: Western Gas Partners, EnLink Midstream and Noble - Nasdaq (NYSE:WES)
www.nasdaq.com - July 27 at 11:27 AM
4-traders.com logoWestern Gas Equity Partners : beats 2Q profit forecasts (NYSE:WES)
www.4-traders.com - July 26 at 8:47 PM
sg.finance.yahoo.com logoWestern Gas Equity beats 2Q profit forecasts (NYSE:WES)
sg.finance.yahoo.com - July 26 at 7:49 PM
biz.yahoo.com logoWestern Gas Partners LP & Western Gas equity partners Earnings Call (Q2 2016) (NYSE:WES)
biz.yahoo.com - July 26 at 11:49 AM
nasdaq.com logoEx-Dividend Reminder: Western Gas Partners, EnLink Midstream and Noble (NYSE:WES)
www.nasdaq.com - July 26 at 11:49 AM
marketrealist.com logoWhy Western Gas Partners Has Underperformed AMLP in 2016 (NYSE:WES)
marketrealist.com - July 26 at 11:05 AM
marketrealist.com logoWill Western Gas Partners Cover Its Distribution in 2Q16? (NYSE:WES)
marketrealist.com - July 26 at 9:05 AM
biz.yahoo.com logoQ2 2016 Western Gas Partners LP Earnings Release - After Market Close (NYSE:WES)
biz.yahoo.com - July 26 at 7:07 AM
zacks.com logoShould You Sell Western Gas Equity Partners (WGP) Before Earnings? (NYSE:WES)
www.zacks.com - July 25 at 8:25 PM
capitalcube.com logoWesfarmers Ltd. :WES-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 25, 2016 (NYSE:WES)
www.capitalcube.com - July 25 at 2:48 AM
investing.com logoNatural Gas To Usurp Coal For 1st Time In U.S. History (NYSE:WES)
www.investing.com - July 24 at 6:31 AM
marketrealist.com logoWhat Will Drive Western Gas Partners’ 2Q16 Earnings? (NYSE:WES)
marketrealist.com - July 23 at 5:13 PM
News IconEPS Roundup: Global Payments Inc. (NYSE:GPN), Western Gas Partners, LP (NYSE:WES), Avnet, Inc. (NYSE:AVT ... - Engelwood Daily (NYSE:WES)
www.engelwooddaily.com - July 22 at 11:08 AM
fiscalstandard.com logoBrokers Issue Average Price Target Of 54.86 On Western Gas Partners, LP (NYSE:WES) - Fiscal Standard (NYSE:WES)
www.fiscalstandard.com - July 22 at 11:08 AM
News IconSalient Capital Advisors LLC Increased Western Gas Equity Partners (NYSE:WGP) by $10.48 Million as Shares Declined - Consumer Eagle (NYSE:WES)
www.consumereagle.com - July 21 at 8:36 PM
News IconShares Positive Over the Past Month: Western Gas Partners LP (NYSE:WES) - TGP (NYSE:WES)
telanaganapress.com - July 21 at 8:36 PM
News IconEquity Roundup: Stock Performance Focus on Western Gas Partners, LP (NYSE:WES) - Press Telegraph (NYSE:WES)
presstelegraph.com - July 21 at 8:36 PM
News IconWestern Gas Partners, LP (NYSE:WES): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:WES)
www.engelwooddaily.com - July 21 at 8:36 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Western Gas Partners, LP (NYSE:WES) - TGP (NYSE:WES)
telanaganapress.com - July 21 at 8:36 PM
streetinsider.com logoWestern Gas Partners LP (WES) Raises Quarterly Dividend 2.5% to $0.83; 6.6% Yield - StreetInsider.com (NYSE:WES)
www.streetinsider.com - July 21 at 8:36 PM

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Western Gas Partners, LP (NYSE:WES) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff