WES - Western Gas Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
49.62
+0.44 (+0.89%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close49.18
Open48.33
Bid36.55 x 800
Ask0.00 x 800
Day's Range48.22 - 49.95
52 Week Range38.35 - 53.44
Volume591,285
Avg. Volume757,911
Market Cap7.701B
Beta (3Y Monthly)1.02
PE Ratio (TTM)90.22
EPS (TTM)0.55
Earnings DateFeb 13, 2019 - Feb 18, 2019
Forward Dividend & Yield3.83 (7.79%)
Ex-Dividend Date2019-01-31
1y Target Est55.75
Trade prices are not sourced from all markets
  • Western Gas Partners LP (WES) Q4 2018 Earnings Conference Call Transcript
    Motley Fool4 days ago

    Western Gas Partners LP (WES) Q4 2018 Earnings Conference Call Transcript

    WES earnings call for the period ending December 31, 2018.

  • Western Gas Announces Fourth-Quarter And Full-Year 2018 Results
    PR Newswire5 days ago

    Western Gas Announces Fourth-Quarter And Full-Year 2018 Results

    REAFFIRMS 2019 OUTLOOK HOUSTON , Feb. 14, 2019 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") ...

  • PR Newswire5 days ago

    Lifshitz & Miller LLP Announces Investigation of Celgene Corporation, SI Financial Group, Inc., Sparton Corporation, Western Gas Partners, LP, Wirecard AG, Yangtze River Port and Logistics Limited, and YRC Worldwide, Inc.

    NEW YORK , Feb. 14, 2019 /PRNewswire/ -- Celgene Corporation (CELG) Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties in connection with the proposed merger of Celgene ...

  • PR Newswire18 days ago

    Alerian Reports December 31, 2018 Index Linked Product Positions

    DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...

  • Western Gas Equity Partners, LP Announces Effectiveness of Registration Statement on Form S-4 and Western Gas Partners, LP Announces Date of Special Meeting
    PR Newswire22 days ago

    Western Gas Equity Partners, LP Announces Effectiveness of Registration Statement on Form S-4 and Western Gas Partners, LP Announces Date of Special Meeting

    HOUSTON, Jan. 28, 2019 /PRNewswire/ -- Western Gas Equity Partners, LP (WGP) and Western Gas Partners, LP (WES) today announced that WGP's Registration Statement on Form S-4 relating to the previously announced merger transaction between WGP and WES has become effective as of January 28, 2019, and that WES has filed a definitive proxy statement/prospectus with the SEC for the special meeting of its unitholders to vote on the merger. The special meeting of WES unitholders will be held on February 27, 2019, at 8:00 a.m. CST, at 1201 Lake Robbins Drive, The Woodlands, Texas 77380. All WES common and Class C unitholders of record as of the close of business on January 14, 2019, which is the record date for the special meeting, will be entitled to vote their units.

  • Moody's28 days ago

    Western Gas Partners, LP -- Moody's changes Anadarko Petroleum and Western Gas outlooks to positive

    Moody's Investors Service ("Moody's") changed the rating outlook for Anadarko Petroleum Corporation (Anadarko) to positive from stable. Moody's also affirmed the ratings for Anadarko and its guaranteed subsidiaries, including Anadarko's Ba1 Corporate Family Rating (CFR), Ba1 senior unsecured ratings and SGL-2 Speculative Grade Liquidity Rating.

  • Western Gas Announces Fourth Quarter 2018 Distribution And Schedules Earnings Conference Call
    PR Newswire28 days ago

    Western Gas Announces Fourth Quarter 2018 Distribution And Schedules Earnings Conference Call

    HOUSTON , Jan. 22, 2019 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.980 per unit ...

  • Magellan Midstream Partners Stock: What to Expect
    Market Realistlast month

    Magellan Midstream Partners Stock: What to Expect

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## Magellan Midstream Partners Magellan Midstream Partners (MMP) offers a potential upside of more than 21% based on analysts’ median target price of $73.2. Magellan Midstream Partners is trading at $60.3. Among the 21 analysts tracking Magellan Midstream Partners, six recommended a “strong buy,” five recommended a “buy,” nine recommended a “hold,” and one recommended a “sell” as of January 8. UBS cut Magellan Midstream Partners’ target price from $76.0 to $74.0 last week. The above chart shows the normalized price performance of Magellan Midstream Partners stock along with the Alerian MLP ETF (AMLP). ## Valuation and distribution yield Magellan Midstream Partners is trading at an EV-to-EBITDA multiple of 12x based on analysts’ earnings estimates for 2019. The company looks relatively expensive compared to its peers. Magellan Midstream Partners’ historical valuation multiple is beyond 19x. Currently, Magellan Midstream Partners offers a distribution yield of 6.6%. The company raised its distribution ~13% in the last five years. ## Peer comparison Western Gas Partners (WES) has a median target price of $54.9—compared to its current market price of $46.1. The target price indicates a potential upside of more than 19% for the next 12 months. Western Gas Partners stock looks relatively cheap considering its forward EV-to-EBITDA multiple at 7.6x. Analysts expect a strong year-over-year earnings growth of more than 25% in 2019. Western Gas Partners offers a distribution yield of 8.6%, which is in line with the industry average. Western Gas Partners’ distribution grew 11.4% in the last five years. Continue to Next Part Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain?

  • 7 Energy Stocks Ready For A 'Goldilocks' Rebound
    Investopedialast month

    7 Energy Stocks Ready For A 'Goldilocks' Rebound

    Seven energy stocks in one specific sector, oil pipelines, are poised for a 'Goldilocks' rebound in 2019, according to Goldman Sachs and UBS. They have been pummeled by falling oil prices over the last year.

  • PR Newswirelast month

    INVESTOR ALERT: Monteverde & Associates PC is Investigating the Recently Announced Acquisition

    NEW YORK , Jan. 5, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

  • Does Western Gas’s Consolidation Make Its Yield Attractive?
    Market Realist3 months ago

    Does Western Gas’s Consolidation Make Its Yield Attractive?

    On November 8, Western Gas Equity Partners (WGP) announced an agreement to acquire Western Gas Partners (WES) in a unit-for-unit exchange. Once completed, Western Gas Equity Partners is to own ~98% of WES and parent Anadarko Petroleum (APC) will own ~2%. The acquisition is expected to complete in Q1 2019.

  • This Oil Stock Is Lavishing More Cash on Its Shareholders
    Motley Fool3 months ago

    This Oil Stock Is Lavishing More Cash on Its Shareholders

    Anadarko Petroleum unveiled its plans for 2019, which include another dividend increase and a boost to its stock buyback authorization.

  • Anadarko and its MLPs announce new presidents, other executive appointments
    American City Business Journals3 months ago

    Anadarko and its MLPs announce new presidents, other executive appointments

    Anadarko named a new president to oversee a new leadership structure, kicking off a series of promotions.

  • Western Gas Announces Management Changes And Promotions
    PR Newswire3 months ago

    Western Gas Announces Management Changes And Promotions

    HOUSTON, Nov. 15, 2018 /PRNewswire/ -- Western Gas Partners, LP (WES) ("WES") and Western Gas Equity Partners, LP (WGP) ("WGP" and collectively the "Partnerships") announced that effective today Robin H. Fielder has been named President of the Partnerships. Fielder will also succeed Fink as CEO of the Partnerships effective Jan. 1, 2019.

  • Market Realist3 months ago

    Upstream Stocks Were among the Top Energy Gainers Last Week

    On November 2–9, midstream stock Western Gas Partners (WES) gained the most on our list of energy stocks. In fact, the Alerian MLP ETF (AMLP) rose 1.2%—the most among major energy subsector ETFs, which we discussed in the previous part.  

  • The Energy Sector's Consolidation Wave Continues
    Motley Fool3 months ago

    The Energy Sector's Consolidation Wave Continues

    Anadarko Petroleum is consolidating its midstream franchise.

  • Anadarko to sell all midstream assets to consolidated MLP for $4B
    American City Business Journals3 months ago

    Anadarko to sell all midstream assets to consolidated MLP for $4B

    "The size of this asset sale, along with the clear benefits of the simplification transaction, highlights the tremendous value of Anadarko's midstream business."

  • PR Newswire3 months ago

    Anadarko Announces $4 Billion Midstream Asset Sale

    HOUSTON, Nov. 8, 2018 /PRNewswire/ -- Anadarko Petroleum Corporation (APC) today announced a transaction to sell substantially all of its remaining midstream assets for $4.015 billion to Western Gas Partners, LP (WES), with $2.0075 billion cash proceeds, and the balance to be paid in new Western Gas equity. Concurrently WES announced it has entered into a merger agreement with Western Gas Equity Partners, LP (WGP), which will result in a simplified midstream structure.

  • Western Gas Announces Simplification Transaction And Strategic Acquisition
    PR Newswire3 months ago

    Western Gas Announces Simplification Transaction And Strategic Acquisition

    HOUSTON, Nov. 8, 2018 /PRNewswire/ -- Western Gas Partners, LP (WES) ("WES") and Western Gas Equity Partners, LP (WGP) ("WGP" or the "Partnership") today announced they have entered into a merger agreement (the "Agreement") whereby WGP will acquire all the publicly held common units of WES and substantially all of the units owned by Anadarko Petroleum Corporation (APC) ("APC") in a unit-for-unit, tax-free exchange (the "Simplification Transaction"). WGP will own 98% of WES, and APC will own the remaining 2%.  In conjunction with the Simplification Transaction, WES has agreed to acquire substantially all of APC's remaining midstream assets for a price of $4.015 billion (the "Acquisition," and together with the Simplification Transaction, the "Transactions").

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of WES earnings conference call or presentation 31-Oct-18 4:00pm GMT

    Q3 2018 Western Gas Partners LP and Western Gas Equity Partners LP Earnings Call

  • Western Gas Announces Third-Quarter 2018 Results
    PR Newswire4 months ago

    Western Gas Announces Third-Quarter 2018 Results

    HOUSTON , Oct. 30, 2018 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced ...

  • These Energy Stocks Could Be the Next to Get Swept Up in the Sector's M&A Wave
    Motley Fool4 months ago

    These Energy Stocks Could Be the Next to Get Swept Up in the Sector's M&A Wave

    The writing is on the wall for these energy companies.

  • Western Gas Announces Third Quarter 2018 Distribution And Schedules Earnings Conference Call
    PR Newswire4 months ago

    Western Gas Announces Third Quarter 2018 Distribution And Schedules Earnings Conference Call

    HOUSTON, Oct. 17, 2018 /PRNewswire/ -- Western Gas Partners, LP (WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.9650 per unit for the third quarter of 2018. Western Gas Equity Partners, LP (WGP) also announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.5950 per unit for the third quarter of 2018. WGP's third quarter 2018 distribution is payable on November 21, 2018, to unitholders of record at the close of business on October 31, 2018.