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. Western Gas Partners LP is a subsidiary of Anadarko Petroleum Corporation.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:WES
CUSIPN/A
Phone832-636-6000
Debt
Debt-to-Equity Ratio1.13
Current Ratio0.51
Quick Ratio0.51
Price-To-Earnings
Trailing P/E Ratio35.58
Forward P/E Ratio25.27
P/E Growth3.98
Sales & Book Value
Annual Sales$2.25 billion
Price / Sales3.14
Cash Flow$5.4220 per share
Price / Cash8.53
Book Value$23.58 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)$1.30
Net Income$567.48 million
Net Margins22.80%
Return on Equity12.18%
Return on Assets5.68%
Miscellaneous
Employees438
Outstanding Shares152,610,000
Market Cap$6.67 billion
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 declared a quarterly dividend on Tuesday, July 17th. Stockholders of record on Wednesday, August 1st will be paid a dividend of $0.95 per share on Monday, August 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date of this dividend is Tuesday, July 31st. This is an increase from Western Gas Partners's previous quarterly dividend of $0.94. View Western Gas Partners' Dividend History.
How were Western Gas Partners' earnings last quarter?
Western Gas Partners, LP (NYSE:WES) issued its earnings results on Tuesday, July, 31st. The pipeline company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The pipeline company earned $435.95 million during the quarter. Western Gas Partners had a return on equity of 12.18% and a net margin of 22.80%. View Western Gas Partners' Earnings History.
When is Western Gas Partners' next earnings date?
What price target have analysts set for WES?
13 analysts have issued 12-month price objectives for Western Gas Partners' shares. Their predictions range from $41.00 to $64.00. On average, they anticipate Western Gas Partners' stock price to reach $53.3077 in the next twelve months. This suggests a possible upside of 15.3% 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 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Gas Partners.
Are investors shorting Western Gas Partners?
Western Gas Partners saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,495,931 shares, a decline of 38.4% from the August 15th total of 2,428,642 shares. Based on an average daily trading volume, of 532,234 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.5% of the shares of the company are sold short. View Western Gas Partners' Current Options Chain.
Who are some of Western Gas Partners' key competitors?
Some companies that are related to Western Gas Partners include Williams Companies (WMB), Energy Transfer Equity LP Unit (ETE), Spectra Energy Partners (SEP), Targa Resources (TRGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), Western Gas Equity Partners (WGP), EnLink Midstream Partners (ENLK), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP) and Antero Midstream GP (AMGP).
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 retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.38%), Spirit of America Management Corp NY (0.26%), MAI Capital Management (0.04%) and Parkside Financial Bank & Trust (0.00%). View Institutional Ownership Trends for Western Gas Partners.
Which institutional investors are selling Western Gas Partners stock?
Which institutional investors are buying Western Gas Partners stock?
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 $46.25.
How big of a company is Western Gas Partners?
Western Gas Partners has a market capitalization of $6.67 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.
