NYSE:WGP - Western Gas Equity Partners Stock Price, Price Target & More

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$36.30 +0.73 (+2.05 %)
(As of 06/22/2018 01:20 PM ET)
Previous Close$36.05
Today's Range$36.01 - $36.33
52-Week Range$31.63 - $43.83
Volume4,834 shs
Average Volume235,457 shs
Market Capitalization$7.88 billion
P/E Ratio20.68
Dividend Yield6.32%
Beta1.53
Western Gas Equity Partners logoWestern 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

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

Debt

Debt-to-Equity Ratio1.09
Current Ratio1.45
Quick Ratio1.45

Price-To-Earnings

Trailing P/E Ratio20.68
Forward P/E Ratio19.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.25 billion
Price / Sales3.53
Cash Flow$3.0973 per share
Price / Cash11.72
Book Value$18.02 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$376.60 million
Net Margins18.52%
Return on Equity10.15%
Return on Assets4.94%

Miscellaneous

EmployeesN/A
Outstanding Shares218,930,000

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 Tuesday, April 17th. Shareholders of record on Wednesday, May 2nd will be given a dividend of $0.569 per share on Thursday, May 24th. This represents a $2.28 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend is Tuesday, May 1st. This is a boost from Western Gas Equity Partners's previous quarterly dividend of $0.55. 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 data on Tuesday, May, 1st. The pipeline company reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.04. The pipeline company had revenue of $437.17 million for the quarter, compared to analysts' expectations of $641.06 million. Western Gas Equity Partners had a return on equity of 10.15% and a net margin of 18.52%. The company's revenue for the quarter was down 15.3% on a year-over-year basis. During the same quarter last year, the business posted $0.35 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 Monday, July, 23rd 2018. View Earnings Estimates for Western Gas Equity Partners.

What price target have analysts set for WGP?

10 brokerages have issued 12-month target prices for Western Gas Equity Partners' shares. Their forecasts range from $32.00 to $53.00. On average, they expect Western Gas Equity Partners' stock price to reach $42.3333 in the next year. View Analyst Ratings for Western Gas Equity Partners.

Are investors shorting Western Gas Equity Partners?

Western Gas Equity Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 3,291,099 shares, an increase of 67.4% from the April 30th total of 1,966,538 shares. Based on an average trading volume of 320,358 shares, the short-interest ratio is currently 10.3 days. Approximately 8.4% of the shares of the stock are sold short. View Western Gas Equity Partners' Current Options Chain.

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)
  • Mr. Philip H. Peacock, SVP, Gen. Counsel & Corp. Sec. of Western Gas Equity Holdings, LLC (Age 46)
  • Mr. Donald R. Sinclair, Sr. Advisor of Western Gas Equity Holdings, LLC (Age 61)
  • Mr. Jonathon E. VandenBrand, Director, Investor Relations

Has Western Gas Equity Partners been receiving favorable news coverage?

News articles about WGP stock have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Gas Equity Partners earned a news impact score of 0.10 on Accern's scale. They also assigned press coverage about the pipeline company an impact score of 45.85 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Western Gas Equity Partners' major shareholders?

Western Gas Equity Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (5.33%), Summit Trail Advisors LLC (1.06%), Citigroup Inc. (0.60%), Tortoise Capital Advisors L.L.C. (0.54%), Tortoise Capital Advisors L.L.C. (0.54%) and Massachusetts Financial Services Co. MA (0.49%). 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 Citigroup Inc., Institutional & Family Asset Management LLC, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Massachusetts Financial Services Co. MA, Hollow Brook Wealth Management LLC, Northern Trust Corp and Barclays PLC. View Insider Buying and Selling for Western Gas Equity Partners.

Which major investors are buying Western Gas Equity Partners stock?

WGP stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Brookfield Asset Management Inc., Zimmer Partners LP, Neuberger Berman Group LLC, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co., Natixis and Clinton Group Inc.. 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 $36.30.

How big of a company is Western Gas Equity Partners?

Western Gas Equity Partners has a market capitalization of $7.88 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.

How can I contact Western Gas Equity Partners?

Western Gas Equity Partners' mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77251-1330. 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 (WGP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  560
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 6/22/2018 by MarketBeat.com Staff

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