Media headlines about Western Gas Partners, (NYSE:WES) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Gas Partners, earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 46.4164685012199 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Western Gas Partners, (WES) traded down $0.54 during midday trading on Monday, hitting $45.64. 197,200 shares of the company were exchanged, compared to its average volume of 438,250. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.91 and a quick ratio of 0.91. Western Gas Partners, has a twelve month low of $45.33 and a twelve month high of $67.44. The company has a market cap of $6,964.76, a P/E ratio of 37.11, a P/E/G ratio of 5.57 and a beta of 1.18.
Western Gas Partners, (NYSE:WES) last released its earnings results on Tuesday, October 31st. The pipeline company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.16). The business had revenue of $574.70 million during the quarter, compared to the consensus estimate of $536.01 million. Western Gas Partners, had a return on equity of 14.68% and a net margin of 26.41%. The firm’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 earnings per share. analysts forecast that Western Gas Partners, will post 1.37 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Thursday, November 2nd will be given a $0.905 dividend. This is an increase from Western Gas Partners,’s previous quarterly dividend of $0.89. This represents a $3.62 annualized dividend and a dividend yield of 7.93%. The ex-dividend date of this dividend is Wednesday, November 1st. Western Gas Partners,’s dividend payout ratio (DPR) is 294.31%.
Several analysts recently weighed in on WES shares. Stifel Nicolaus upgraded shares of Western Gas Partners, from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Wednesday, October 25th. BidaskClub downgraded shares of Western Gas Partners, from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 23rd. Zacks Investment Research downgraded shares of Western Gas Partners, from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Barclays PLC dropped their price target on shares of Western Gas Partners, from $63.00 to $62.00 and set an “overweight” rating on the stock in a research report on Thursday, November 2nd. Finally, TheStreet upgraded shares of Western Gas Partners, from a “c+” rating to a “b-” rating in a research report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. Western Gas Partners, has a consensus rating of “Hold” and an average price target of $59.64.
Western Gas Partners, Company Profile
Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States.
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