Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP. The company was founded in 2007 and is headquartered in The Woodlands, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:WES
Previous Symbol
CUSIPN/A
Phone832-636-6000
Debt
Debt-to-Equity Ratio1.25
Current Ratio0.75
Quick Ratio0.75
Price-To-Earnings
Trailing P/E Ratio36.28
Forward P/E Ratio38.69
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.25 billion
Price / Sales3.20
Cash Flow$5.3454 per share
Price / Cash Flow8.83
Book Value$23.58 per share
Price / Book2.00
Profitability
EPS (Most Recent Fiscal Year)$1.30
Net Income$567.48 million
Net Margins24.11%
Return on Equity12.78%
Return on Assets5.62%
Miscellaneous
Employees438
Outstanding Shares152,610,000
Market Cap$6.90 billion
OptionableOptionable
Western Gas Partners (NYSE:WES) Frequently Asked Questions
What is Western Gas Partners' stock symbol?
Western Gas Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "WES."
How often does Western Gas Partners pay dividends? What is the dividend yield for Western Gas Partners?
Western Gas Partners announced a quarterly dividend on Wednesday, October 17th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.965 per share on Tuesday, November 13th. This represents a $3.86 annualized dividend and a yield of 8.21%. The ex-dividend date is Tuesday, October 30th. This is a positive change from Western Gas Partners's previous quarterly dividend of $0.95. View Western Gas Partners' Dividend History.
How were Western Gas Partners' earnings last quarter?
Western Gas Partners, LP (NYSE:WES) released its quarterly earnings results on Tuesday, October, 30th. The pipeline company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.67 by $0.28. The pipeline company had revenue of $507.76 million for the quarter, compared to the consensus estimate of $472.96 million. Western Gas Partners had a return on equity of 12.78% and a net margin of 24.11%. The firm's quarterly revenue was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share. View Western Gas Partners' Earnings History.
When is Western Gas Partners' next earnings date?
What price target have analysts set for WES?
13 brokerages have issued 1-year target prices for Western Gas Partners' stock. Their predictions range from $41.00 to $61.00. On average, they expect Western Gas Partners' stock price to reach $53.0769 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Price Targets for Western Gas Partners.
What is the consensus analysts' recommendation for Western Gas Partners?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Gas Partners in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Gas Partners.
Has Western Gas Partners been receiving favorable news coverage?
Media stories about WES stock have been trending somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Gas Partners earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Western Gas Partners' key competitors?
Some companies that are related to Western Gas Partners include Spectra Energy Partners (SEP), ENERGY TRANSFER/UT LTD PARTN INT (ET), Targa Resources (TRGP), Western Gas Equity Partners (WGP), EQT GP (EQGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EQM Midstream Partners (EQM), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream GP (AMGP), Transportadora de Gas del Sur (TGS), Dominion Energy Midstream Partners (DM) and TC Pipelines (TCP).
Who are Western Gas Partners' key executives?
Western Gas Partners' management team includes the folowing people:
- Mr. Benjamin M. Fink, Pres, CEO & Director of Western Gas Holdings, LLC (Age 48)
- Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer of Western Gas Holdings, LLC (Age 48)
- Mr. Philip H. Peacock, Sr. VP, Gen. Counsel & Corp. Sec. of Western Gas Holdings, LLC (Age 46)
- Mr. Donald R. Sinclair, Sr. Advisor (Age 61)
- Ms. Gennifer F. Kelly, Sr. VP & COO, Western Gas Holdings, LLC (Age 45)
Who are Western Gas Partners' major shareholders?
Western Gas Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (10.68%), Alps Advisors Inc. (5.79%), Kayne Anderson Capital Advisors LP (5.77%), OppenheimerFunds Inc. (3.67%), Brookfield Asset Management Inc. (2.57%) and JPMorgan Chase & Co. (2.30%). View Institutional Ownership Trends for Western Gas Partners.
Which major investors are selling Western Gas Partners stock?
WES stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Bank of Montreal Can, Kayne Anderson Capital Advisors LP, Morgan Stanley, Neuberger Berman Group LLC, Perella Weinberg Partners Capital Management LP, Taylor Wealth Management Partners and Marshall Wace North America L.P.. View Insider Buying and Selling for Western Gas Partners.
Which major investors are buying Western Gas Partners stock?
WES stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Tortoise Capital Advisors L.L.C., JPMorgan Chase & Co., Mirae Asset Global Investments Co. Ltd., RR Advisors LLC, Virtus ETF Advisers LLC, Advisory Research Inc. and Alps Advisors Inc.. View Insider Buying and Selling for Western Gas Partners.
How do I buy shares of Western Gas Partners?
Shares of WES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Western Gas Partners' stock price today?
One share of WES stock can currently be purchased for approximately $47.00.
How big of a company is Western Gas Partners?
Western Gas Partners has a market capitalization of $6.90 billion and generates $2.25 billion in revenue each year. The pipeline company earns $567.48 million in net income (profit) each year or $1.30 on an earnings per share basis. Western Gas Partners employs 438 workers across the globe.
What is Western Gas Partners' official website?
How can I contact Western Gas Partners?
Western Gas Partners' mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77380. The pipeline company can be reached via phone at 832-636-6000 or via email at [email protected]
MarketBeat Community Rating for Western Gas Partners (NYSE WES)
MarketBeat's community ratings are surveys of what our community members think about Western Gas Partners and other stocks. Vote "Outperform" if you believe WES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WES will underperform the S&P 500 over the long term. You may vote once every thirty days.
