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

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$33.38 -0.37 (-1.10 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$33.38
Today's Range$33.02 - $33.87
52-Week Range$25.89 - $38.62
Volume847,570 shs
Average Volume323,261 shs
Market Capitalization$7.31 billion
P/E Ratio16.82
Dividend Yield7.31%
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.

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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$4.1312 per share
Book Value$16.01 per share

Profitability

Net Income$369.43 million

Miscellaneous

EmployeesN/A
Market Cap$7.31 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 announced a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Friday, February 1st will be paid a dividend of $0.6025 per share on Thursday, February 21st. This represents a $2.41 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Thursday, January 31st. This is a positive change 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) released its quarterly earnings data on Thursday, February, 14th. The pipeline company reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.65 by $0.05. The pipeline company had revenue of $557.79 million for the quarter, compared to the consensus estimate of $549.84 million. Western Gas Equity Partners had a net margin of 19.06% and a return on equity of 11.72%. Western Gas Equity Partners's quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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?

9 brokerages have issued 1 year price objectives for Western Gas Equity Partners' stock. Their forecasts range from $34.00 to $43.00. On average, they anticipate Western Gas Equity Partners' stock price to reach $39.2222 in the next year. This suggests a possible upside of 17.5% 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?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Gas Equity Partners in the last year. There are currently 5 hold ratings and 4 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 headlines about WGP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Western Gas Equity Partners earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact 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)

What is Western Gas Equity Partners' stock price today?

One share of WGP stock can currently be purchased for approximately $33.38.

How big of a company is Western Gas Equity Partners?

Western Gas Equity Partners has a market capitalization of $7.31 billion and generates $1.99 billion in revenue each year.

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, 77251. 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:  323 (Vote Outperform)
Underperform Votes:  376 (Vote Underperform)
Total Votes:  699
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 4/20/2019 by MarketBeat.com Staff

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