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

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$31.30 +0.58 (+1.89 %)
(As of 01/21/2019 11:58 AM ET)
Previous Close$30.72
Today's Range$30.5750 - $31.3950
52-Week Range$25.89 - $42.81
Volume355,305 shs
Average Volume654,631 shs
Market Capitalization$6.85 billion
P/E Ratio18.20
Dividend Yield7.60%
Beta1.4
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$2.25 billion
Cash Flow$3.0716 per share
Book Value$18.02 per share

Profitability

Net Income$376.60 million

Miscellaneous

EmployeesN/A
Market Cap$6.85 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 given a dividend of $0.595 per share on Wednesday, November 21st. This represents a $2.38 annualized dividend and a dividend yield of 7.60%. The ex-dividend date 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 for the quarter, missing the 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%. Western Gas Equity Partners's revenue was down 11.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $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?

11 equities research analysts have issued 1-year target prices for Western Gas Equity Partners' stock. Their forecasts range from $32.00 to $49.00. On average, they anticipate Western Gas Equity Partners' stock price to reach $39.0909 in the next year. This suggests a possible upside of 24.9% 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 coverage about WGP stock has been trending positive recently, InfoTrie Sentiment reports. The research firm 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 five, with scores nearest to five being the most favorable. Western Gas Equity Partners earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Western Gas Equity Partners?

Western Gas Equity Partners saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,070,370 shares, an increase of 63.4% from the December 14th total of 1,266,829 shares. Based on an average daily trading volume, of 1,189,823 shares, the days-to-cover ratio is currently 1.7 days. Approximately 4.3% of the shares of the company 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, CEO & Chairman (Age 49)
  • Ms. Robin H. Fielder, Pres & Director
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer (Age 49)
  • Ms. Gennifer F. Kelly, Sr. VP & COO (Age 46)
  • Mr. Jonathon E. VandenBrand, Director of Investor Relations

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 (2.23%), Walnut Private Equity Partners LLC (0.02%), Chicago Partners Investment Group LLC (0.01%) and Joel Isaacson & Co. LLC (0.00%). 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 Chickasaw Capital Management LLC and Chicago Partners Investment Group LLC. View Insider Buying and Selling for Western Gas Equity Partners.

Which institutional investors are buying Western Gas Equity Partners stock?

WGP stock was purchased by a variety of institutional investors in the last quarter, including Joel Isaacson & Co. LLC and Walnut Private Equity Partners 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 $31.30.

How big of a company is Western Gas Equity Partners?

Western Gas Equity Partners has a market capitalization of $6.85 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:  313 (Vote Outperform)
Underperform Votes:  362 (Vote Underperform)
Total Votes:  675
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 1/21/2019 by MarketBeat.com Staff

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