|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||46.07 - 46.75|
|52 Week Range||40.44 - 61.48|
|PE Ratio (TTM)||35.64|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||3.68 (7.94%)|
|1y Target Est||55.83|
HOUSTON, April 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 $0.9350 per unit for the first quarter of 2018. This distribution represents a 2-percent increase over the prior quarter and a 7-percent increase over the first quarter of 2017. Western Gas Equity Partners, LP (WGP) also announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.56875 per unit for the first quarter of 2018. This distribution represents a 4-percent increase over the prior quarter and a 16-percent increase over the first quarter of 2017. WGP's first quarter 2018 distribution is payable on May 24, 2018, to unitholders of record at the close of business on May 2, 2018.
So far in this series, we have discussed the performance of the broader MLP sector, the top MLP gainers, and the top MLP losers in the week ending April 13, 2018. In this part, we’ll discuss the MLP rating updates last week.
Noble Midstream Partners (NBLX) continued to trade significantly below its short-term (50-day) and long-term (200-day) moving averages, which might indicate bearish sentiment in the stock. Noble Midstream Partners was trading 7.9% below its 50-day simple moving average and 8.4% below its 200-day simple moving average as of April 13, 2018.
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Western Gas Partners LP (NYSE:WES), with a market cap of US$6.71B, are often out ofRead More...
Western Gas Equity Partners LP (NYSE:WGP) trades with a trailing P/E of 19.2x, which is higher than the industry average of 12.3x. Although some investors may jump to the conclusionRead More...
Master limited partnership companies are facing multiple "existential issues," so investors should look for exposure to companies with simple structures, according to Seaport Global Securities. ...
In the latest US rig count released by Baker Hughes (BHI), the number of active US rigs drilling for natural gas grew by four last week to 194. There were 160 active natural gas rigs a year ago. According to the latest numbers, 57 rigs now lie in the Marcellus Shale, which had 44 active rigs last year around the same time.
ONEOK expects its 2018 capital expenditure to rise more than 300% in 2018 compared to 2017. It expects 2018 capital expenditure to lie between $2.09 billion and $2.48, compared to 2017 capital expenditure of $512.4 million. The company is extremely bullish on the expansion of its natural gas liquids business and the addition of processing capacity particulate in the Permian, Anadarko, and Williston basins.
HOUSTON , March 21, 2018 /PRNewswire/ -- Western Gas Partners, LP (NYSE:WES) and Western Gas Equity Partners, LP (NYSE:WGP) today announced that Benjamin Fink , President and CEO, will present at the 2018 ...
Tallgrass Energy Partners (TEP) stock has been volatile in 2018. The stock fell steeply at the start of February after the company announced that it was evaluating reorganization transactions to simplify TEP’s and Tallgrass Energy GP’s (TEGP) structures. Investors are likely concerned that this may include a distribution cut for TEP, which is currently trading at a yield of ~10%.