Western Gas Partners, (WES) Earns Media Sentiment Score of 0.09
Press coverage about Western Gas Partners, (NYSE:WES) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Gas Partners, earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the pipeline company an impact score of 46.4552944771838 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Western Gas Partners, LP Limite (WES) Ownership Increased by Jpmorgan Chase & Co (highlightpress.com)
- Western Gas Partners, LP Limite (WES) Holdings Increased by Jpmorgan Chase & Co – First News 24 (firstnewspaper24.com)
- Pre-Market Technical Pulse on Oil & Gas Pipelines Stocks — Rice … – Markets Insider (markets.businessinsider.com)
- Brokerages Anticipate Western Gas Partners, LP (NYSE:WES) Will Announce Earnings of $0.50 Per Share (americanbankingnews.com)
- Western Gas Partners, LP Limite (NYSE:WES) Sees Light Trading Volume with 313K Shares Changing Hands – Modern Readers (modernreaders.com)
A number of research analysts have weighed in on WES shares. TheStreet raised shares of Western Gas Partners, from a “c+” rating to a “b” rating in a research note on Wednesday, April 26th. Guggenheim began coverage on shares of Western Gas Partners, in a research report on Monday, April 17th. They set a “buy” rating and a $68.00 price target on the stock. Zacks Investment Research raised shares of Western Gas Partners, from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 11th. Stifel Nicolaus reissued a “hold” rating and set a $60.00 price target on shares of Western Gas Partners, in a research report on Friday, July 14th. Finally, Scotiabank set a $61.00 price target on shares of Western Gas Partners, and gave the company a “hold” rating in a research report on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $61.18.
Western Gas Partners, (WES) traded up 0.20% on Friday, hitting $49.52. 269,209 shares of the company were exchanged. The stock has a market capitalization of $7.56 billion, a P/E ratio of 35.40 and a beta of 1.19. Western Gas Partners, has a 52 week low of $46.85 and a 52 week high of $67.44. The company has a 50 day moving average price of $53.90 and a 200-day moving average price of $58.08.
Western Gas Partners, (NYSE:WES) last released its quarterly earnings results on Tuesday, July 25th. The pipeline company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.04. Western Gas Partners, had a net margin of 28.81% and a return on equity of 15.80%. The business had revenue of $525.45 million for the quarter, compared to analysts’ expectations of $488.21 million. During the same period in the previous year, the company earned $0.55 EPS. Western Gas Partners,’s revenue for the quarter was up 22.6% compared to the same quarter last year. On average, equities analysts expect that Western Gas Partners, will post $1.53 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 11th. Stockholders of record on Monday, July 31st will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, July 27th. This represents a $3.56 annualized dividend and a dividend yield of 7.19%. This is a positive change from Western Gas Partners,’s previous quarterly dividend of $0.88. Western Gas Partners,’s dividend payout ratio is presently 256.12%.
About Western Gas Partners,
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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