WGP - Western Gas Equity Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
28.82
+0.10 (+0.35%)
At close: 4:02PM EST
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Previous Close28.72
Open28.69
Bid27.56 x 800
Ask0.00 x 1100
Day's Range28.11 - 28.98
52 Week Range28.02 - 42.92
Volume216,251
Avg. Volume235,620
Market Cap6.31B
Beta (3Y Monthly)1.56
PE Ratio (TTM)17.32
EPS (TTM)1.66
Earnings DateFeb 13, 2019 - Feb 18, 2019
Forward Dividend & Yield2.29 (7.57%)
Ex-Dividend Date2018-10-30
1y Target Est41.00
Trade prices are not sourced from all markets
  • This Oil Stock Is Lavishing More Cash on Its Shareholders
    Motley Fool2 days 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 days 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 days 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.

  • PR Newswire3 days ago

    Anadarko Announces 2019 Capital Program And Sales-Volume Guidance

    RAISES DIVIDEND AND INCREASES SHARE-REPURCHASE AND DEBT-REDUCTION PROGRAMS HOUSTON , Nov. 15, 2018 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced its 2019 capital expectations ...

  • The Wall Street Journal10 days ago

    [$$] Partnership to Buy Anadarko Petroleum’s Midstream Assets

    Anadarko Petroleum Corp. is selling what is largely left of its midstream assets to Western Gas Partners LP, a partnership it formed a decade ago, in a deal that it said is valued at about $4.02 billion. Western Gas Partners will be buying all of Anadarko’s stake in DBM Oil Services and APC Water Holdings and half of its nonoperated interests in Bone Spring Gas Plant and MiVida Gas Plant. The partnership will also buy Anadarko’s full stakes in DJ Basin Oil System and Wattenberg Plant, both of which are in northeast Colorado, Anadarko said.

  • The Energy Sector's Consolidation Wave Continues
    Motley Fool10 days 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 Journals10 days 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."

  • Western Gas Announces Simplification Transaction And Strategic Acquisition
    PR Newswire10 days 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").

  • PR Newswire10 days 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.

  • Associated Press19 days ago

    Western Gas Equity: 3Q Earnings Snapshot

    On a per-share basis, the The Woodlands, Texas-based company said it had profit of 49 cents. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment ...

  • Western Gas Announces Third-Quarter 2018 Results
    PR Newswire19 days 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 ...

  • Western Gas Announces Third Quarter 2018 Distribution And Schedules Earnings Conference Call
    PR Newswirelast month

    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.

  • AM, NGL, AMGP, and SPH Outperformed Last Week
    Market Realistlast month

    AM, NGL, AMGP, and SPH Outperformed Last Week

    On October 9, Antero Midstream Partners (AM) and Antero Midstream GP (AMGP) announced a simplification transaction. Antero Midstream GP will acquire all of the outstanding units of Antero Midstream Partners. As part of the transaction, Antero Midstream GP will convert into a C corporation and be renamed as “Antero Midstream Corporation.” Antero Midstream Partners and Antero Midstream GP stocks rose after the announcement. To learn more, read Antero Midstream to Buy Antero Midstream Partners.

  • NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter
    Market Realistlast month

    NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter

    Noble Midstream Partners (NBLX) stock fell significantly in August and September as Initiative 97 was started and then made it onto the Colorado ballot as Proposition 112. The proposition requires that new oil and gas development, including fracking, should be a minimum distance of 2,500 feet from “vulnerable” areas such as homes, schools, or hospitals.

  • Which MLPs Gained the Most Last Week?
    Market Realistlast month

    Which MLPs Gained the Most Last Week?

    Noble Midstream Partners (NBLX), Western Gas Equity Partners (WGP), and DCP Midstream Partners (DCP) were among the top MLP gainers in the week ending October 5. Oil and gas companies’ steps to fight Proposition 112 on the Colorado ballot likely made some investors optimistic about the companies’ futures. Noble Midstream Partners, Western Gas Equity Partners, and DCP Midstream Partners gained 14%, 8.4%, and 7.8%, respectively, last week. Even after last week’s gains, the three stocks have fallen 19%, 17%, and 12%, respectively, YTD (year-to-date).

  • TRGP, WGP, EQGP: Changes in Wall Street Ratings, Price Targets
    Market Realist2 months ago

    TRGP, WGP, EQGP: Changes in Wall Street Ratings, Price Targets

    On September 18, Wells Fargo raised its rating for Targa Resources (TRGP) to “outperform” from “market perform.” It raised its price target on the stock from $55 to $63. Out of 21 analysts surveyed by Reuters covering Targa Resources, seven have rated the stock a “strong buy,” four have rated it a “buy,” and the remaining ten have rated it a “hold.” The median price target for Targa Resources is $57, which implies an upside potential of 3% from its current price of $55.33.

  • Market Realist2 months ago

    CLMT, NBLX, and WES Fell the Most among MLPs Last Week

    Downstream MLP Calumet Specialty Products Partners (CLMT) fell 6.5% last week, which ended September 14. Noble Midstream Partners (NBLX) fell 3.7% last week and has fallen 21% so far in 2018. Western Gas Partners (WES) and its general partner Western Gas Equity Partners (WGP) fell 3.6% and 3.7%, respectively, last week.

  • ENLK, BPL, and CEQP: The Top MLP Gainers Last Week
    Market Realist2 months ago

    ENLK, BPL, and CEQP: The Top MLP Gainers Last Week

    EnLink Midstream Partners (ENLK) rose 7.7% last week. The stock has gained substantially since its strong second-quarter results and is up 18% year-to-date. ENLK’s general partner, EnLink Midstream (ENLC), rose 3.4% last week. Buckeye Partners (BPL) and Crestwood Equity Partners (CEQP) were the other top MLP gainers for the week, rising 4.2% and 3.1%, respectively.

  • Moody's3 months ago

    Western Gas Partners, LP -- Moody's rates new Western Gas notes Ba1

    Moody's Investors Service (Moody's) assigned Ba1 ratings to Western Gas Partners, LP's (Western Gas) proposed offering of senior notes due 2028 and 2048. All existing ratings of Western Gas, including the Ba1 Corporate Family Rating (CFR), and the stable outlook are unchanged. The new senior notes have been rated Ba1, consistent with the ratings of Western Gas's existing senior notes.

  • ACCESSWIRE4 months ago

    Western Gas Equity Partners LP to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 1, 2018 / Western Gas Equity Partners LP (NYSE: WGP ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 1, 2018 at 12:00 PM Eastern ...

  • Associated Press4 months ago

    Western Gas Equity: 2Q Earnings Snapshot

    On a per-share basis, the The Woodlands, Texas-based company said it had profit of 31 cents. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks ...

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

    Western Gas Announces Second-Quarter 2018 Results

    HOUSTON , July 31, 2018 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced ...

  • Is Western Gas Partners, LP (WES) a Great Dividend Play?
    Zacks4 months ago

    Is Western Gas Partners, LP (WES) a Great Dividend Play?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Western Gas Partners, LP (WES) have what it takes? Let's find out.

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

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

    HOUSTON, July 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 $0.9500 per unit for the second quarter of 2018.  This distribution represents a 2-percent increase over the prior quarter and a 7-percent increase over the second 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 $0.58250 per unit for the second quarter of 2018.  This distribution represents a 2-percent increase over the prior quarter and a 10-percent increase over the second quarter of 2017. WGP's second quarter 2018 distribution is payable on August 23, 2018, to unitholders of record at the close of business on August 1, 2018.

  • 3 Dividend Stocks That Put More Money in Your Pocket Each Quarter
    Motley Fool4 months ago

    3 Dividend Stocks That Put More Money in Your Pocket Each Quarter

    These high-yield stocks have a history of giving investors a steady pay raise.