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

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$29.08 -0.42 (-1.42 %)
(As of 11/14/2018 01:36 AM ET)
Previous Close$29.50
Today's Range$28.80 - $29.80
52-Week Range$28.28 - $42.92
Volume284,500 shs
Average Volume230,922 shs
Market Capitalization$6.63 billion
P/E Ratio16.91
Dividend Yield7.85%
Beta1.6
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:WGP
Previous Symbol
CUSIPN/A
Phone832-636-6000

Debt

Debt-to-Equity Ratio1.26
Current Ratio0.71
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio16.91
Forward P/E Ratio12.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.25 billion
Price / Sales2.83
Cash Flow$2.9463 per share
Price / Cash9.87
Book Value$18.02 per share
Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$376.60 million
Net Margins18.66%
Return on Equity9.96%
Return on Assets4.35%

Miscellaneous

EmployeesN/A
Outstanding Shares218,940,000
Market Cap$6.63 billion
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 announced a quarterly dividend on Wednesday, October 17th. Stockholders of record on Wednesday, October 31st will be paid a dividend of $0.595 per share on Wednesday, November 21st. This represents a $2.38 annualized dividend and a dividend yield of 8.18%. The ex-dividend date of this dividend is Tuesday, October 30th. This is a boost from Western Gas Equity Partners's previous quarterly dividend of $0.58. View Western Gas Equity Partners' Dividend History.

How were Western Gas Equity Partners' earnings last quarter?

Western Gas Equity Partners LP (NYSE:WGP) posted its quarterly earnings results on Tuesday, October, 30th. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.77 by $0.28. The pipeline company had revenue of $507.76 million for the quarter, compared to analyst estimates of $473.40 million. Western Gas Equity Partners had a net margin of 18.66% and a return on equity of 9.96%. The business's revenue for the quarter was down 11.6% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. 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 Thursday, February 21st 2019. View Earnings Estimates for Western Gas Equity Partners.

What price target have analysts set for WGP?

12 brokers have issued 1-year price objectives for Western Gas Equity Partners' stock. Their forecasts range from $32.00 to $49.00. On average, they expect Western Gas Equity Partners' share price to reach $39.50 in the next year. This suggests a possible upside of 35.8% 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?

12 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Gas Equity Partners.

Has Western Gas Equity Partners been receiving favorable news coverage?

News stories about WGP stock have trended negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Gas Equity Partners earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave news articles 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 company's share price in the next several days.

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

Who are Western Gas Equity Partners' key executives?

Western Gas Equity Partners' management team includes the folowing people:
  • Mr. Benjamin M. Fink, Pres, CEO & Director (Age 48)
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer (Age 48)
  • Ms. Gennifer F. Kelly, Sr. VP & COO (Age 45)
  • Mr. Jonathon E. VandenBrand, Director, Investor Relations
  • Mr. Philip H. Peacock, SVP, Gen. Counsel & Corp. Sec. of Western Gas Equity Holdings, LLC (Age 46)

Who are Western Gas Equity Partners' major shareholders?

Western Gas Equity Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (2.34%), Massachusetts Financial Services Co. MA (1.04%), Tortoise Capital Advisors L.L.C. (0.85%), JPMorgan Chase & Co. (0.41%), JPMorgan Chase & Co. (0.41%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.41%). View Institutional Ownership Trends for Western Gas Equity Partners.

Which major investors are selling Western Gas Equity Partners stock?

WGP stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Perella Weinberg Partners Capital Management LP, Chickasaw Capital Management LLC, Jennison Associates LLC, Barings LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Miller Howard Investments Inc. NY and Dividend Assets Capital LLC. View Insider Buying and Selling for Western Gas Equity Partners.

Which major investors are buying Western Gas Equity Partners stock?

WGP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., First Trust Advisors LP, Bank of Montreal Can, Kayne Anderson Capital Advisors LP, Kayne Anderson Capital Advisors LP, Freestone Capital Holdings LLC and SG Americas Securities LLC. 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 $29.08.

How big of a company is Western Gas Equity Partners?

Western Gas Equity Partners has a market capitalization of $6.63 billion and generates $2.25 billion in revenue each year. The pipeline company earns $376.60 million in net income (profit) each year or $1.72 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:  301 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  656
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 11/14/2018 by MarketBeat.com Staff

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