NYSE:WGP - Western Gas Equity Partners Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$33.00 -0.38 (-1.14 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$33.38
Today's Range$32.64 - $33.61
52-Week Range$25.89 - $38.62
Volume332,030 shs
Average Volume398,047 shs
Market Capitalization$7.22 billion
P/E Ratio13.15
Dividend Yield7.22%
Beta1.54
Western Gas Equity Partners, LP, together with its subsidiaries, engages in the gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. It is also involved in the gathering and disposing of produced water; and buying and selling of natural gas. Western Gas Equity Holdings, LLC serves as the general partner of Western Gas Equity Partners, LP. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Gas Equity Partners, LP is a subsidiary of Anadarko Petroleum Corporation.

Receive WGP News and Ratings via Email

Sign-up to receive the latest news and ratings for WGP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone832-636-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.99 billion
Cash Flow$3.0137 per share
Book Value$18.02 per share

Profitability

Net Income$369.43 million

Miscellaneous

EmployeesN/A
Market Cap$7.22 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Western Gas Equity Partners (NYSE:WGP) Frequently Asked Questions

What is Western Gas Equity Partners' stock symbol?

Western Gas Equity Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "WGP."

How often does Western Gas Equity Partners pay dividends? What is the dividend yield for Western Gas Equity Partners?

Western Gas Equity Partners declared a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Friday, February 1st will be given a dividend of $0.6025 per share on Thursday, February 21st. This represents a $2.41 annualized dividend and a yield of 7.30%. The ex-dividend date of this dividend is Thursday, January 31st. This is an increase from Western Gas Equity Partners's previous quarterly dividend of $0.60. View Western Gas Equity Partners' Dividend History.

How were Western Gas Equity Partners' earnings last quarter?

Western Gas Equity Partners LP (NYSE:WGP) issued its earnings results on Thursday, February, 14th. The pipeline company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.05. The pipeline company had revenue of $557.79 million for the quarter, compared to analysts' expectations of $549.84 million. Western Gas Equity Partners had a return on equity of 11.56% and a net margin of 19.06%. The firm's quarterly revenue was down 11.7% on a year-over-year basis. During the same period last year, the firm earned $0.45 EPS. View Western Gas Equity Partners' Earnings History.

When is Western Gas Equity Partners' next earnings date?

Western Gas Equity Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Western Gas Equity Partners.

What price target have analysts set for WGP?

11 brokerages have issued 12 month price objectives for Western Gas Equity Partners' shares. Their forecasts range from $32.00 to $43.00. On average, they expect Western Gas Equity Partners' stock price to reach $38.4545 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Western Gas Equity Partners.

What is the consensus analysts' recommendation for Western Gas Equity Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Gas Equity Partners in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Gas Equity Partners.

Has Western Gas Equity Partners been receiving favorable news coverage?

News articles about WGP stock have been trending somewhat positive on Thursday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Gas Equity Partners earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of Western Gas Equity Partners' key competitors?

What other stocks do shareholders of Western Gas Equity Partners own?

Who are Western Gas Equity Partners' key executives?

Western Gas Equity Partners' management team includes the folowing people:
  • Ms. Robin H. Fielder, Pres, CEO & Director
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer Western Gas Equity Holding, LLC (Age 49)
  • Ms. Gennifer F. Kelly, Sr. VP & COO of Western Gas Equity Holdings, LLC (Age 45)
  • Mr. Jonathon E. VandenBrand, Director of Investor Relations
  • Mr. Philip H. Peacock, SVP, Gen. Counsel & Corp. Sec. of Western Gas Equity Holdings, LLC (Age 47)

Who are Western Gas Equity Partners' major shareholders?

Western Gas Equity Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (2.23%), Tortoise Capital Advisors L.L.C. (1.45%), Citigroup Inc. (1.25%), Massachusetts Financial Services Co. MA (0.80%), Zimmer Partners LP (0.79%) and Bank of America Corp DE (0.63%). View Institutional Ownership Trends for Western Gas Equity Partners.

Which institutional investors are selling Western Gas Equity Partners stock?

WGP stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Chickasaw Capital Management LLC, RR Advisors LLC, Bank of Montreal Can, Catalyst Capital Advisors LLC, Dividend Assets Capital LLC, NBW Capital LLC and Jennison Associates LLC. View Insider Buying and Selling for Western Gas Equity Partners.

Which institutional investors are buying Western Gas Equity Partners stock?

WGP stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., CIBC Private Wealth Group LLC, Citigroup Inc., Energy Income Partners LLC, Zimmer Partners LP, Hsbc Holdings PLC, First Trust Advisors LP and Bank of America Corp DE. View Insider Buying and Selling for Western Gas Equity Partners.

How do I buy shares of Western Gas Equity Partners?

Shares of WGP 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 Equity Partners' stock price today?

One share of WGP stock can currently be purchased for approximately $33.00.

How big of a company is Western Gas Equity Partners?

Western Gas Equity Partners has a market capitalization of $7.22 billion and generates $1.99 billion in revenue each year. The pipeline company earns $369.43 million in net income (profit) each year or $2.51 on an earnings per share basis.

What is Western Gas Equity Partners' official website?

The official website for Western Gas Equity Partners is http://www.westerngas.com.

How can I contact Western Gas Equity Partners?

Western Gas Equity 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 Equity Partners (NYSE WGP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  686
MarketBeat's community ratings are surveys of what our community members think about Western Gas Equity Partners and other stocks. Vote "Outperform" if you believe WGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel