$0.51 EPS Expected for Western Gas Partners, LP (WES)

July 17, 2017 - By Migdalia James

 $0.51 EPS Expected for Western Gas Partners, LP (WES)
Investors sentiment decreased to 1.07 in Q4 2016. Its down 0.28, from 1.35 in 2016Q3. It is negative, as 13 investors sold Western Gas Partners, LP shares while 56 reduced holdings. 22 funds opened positions while 52 raised stakes. 64.77 million shares or 3.07% less from 66.82 million shares in 2016Q3 were reported.
Moreover, Wade G W And Inc has 0.07% invested in Western Gas Partners, LP (NYSE:WES) for 7,091 shares. Barclays Public Ltd has invested 0.02% of its portfolio in Western Gas Partners, LP (NYSE:WES). Wellington Mgmt Group Inc Ltd Liability Partnership reported 75,260 shares. Registered Advisor Inc has invested 0.38% in Western Gas Partners, LP (NYSE:WES). Amer Insur Com Tx reported 9,950 shares stake. Conning Incorporated invested 0.16% of its portfolio in Western Gas Partners, LP (NYSE:WES). Moreover, Susquehanna Group Inc Limited Liability Partnership has 0% invested in Western Gas Partners, LP (NYSE:WES). Ftb Advsr owns 1,107 shares for 0.01% of their portfolio. Advisors Asset Management holds 0.06% or 59,225 shares. Cushing Asset Mngmt Lp invested in 2.12% or 1.20 million shares. Rockefeller Financial stated it has 0.05% in Western Gas Partners, LP (NYSE:WES). Yorkville Capital Limited Com holds 36,918 shares. Williams Jones & Assocs Limited Liability Company has 0.06% invested in Western Gas Partners, LP (NYSE:WES). Perkins Ltd Llc holds 0.01% or 15,065 shares. Wells Fargo & Mn owns 444,049 shares.

Wall Street await Western Gas Partners, LP (NYSE:WES) to release earnings on July, 25. Analysts forecast EPS of $0.51, down exactly $0.04 or 7.27 % from 2014’s $0.55 EPS. The expected WES’s profit could reach $81.28 million giving the stock 27.80 P/E in the case that $0.51 earnings per share is reported. After posting $0.01 EPS for the previous quarter, Western Gas Partners, LP’s analysts now forecast 5,000.00 % EPS growth. The stock decreased 0.75% or $0.43 during the last trading session, reaching $56.72. About 178,319 shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since July 18, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Among 16 analysts covering Western Gas Partners (NYSE:WES), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. Western Gas Partners had 28 analyst reports since August 3, 2015 according to SRatingsIntel. JP Morgan maintained it with “Overweight” rating and $50 target in Wednesday, March 30 report. FBR Capital maintained the stock with “Outperform” rating in Monday, September 28 report. Macquarie Research initiated the shares of WES in report on Friday, April 21 with “Outperform” rating. As per Thursday, April 7, the company rating was maintained by Citigroup. The stock has “Overweight” rating by CapitalOne on Friday, December 16. As per Tuesday, October 11, the company rating was maintained by RBC Capital Markets. The firm earned “Overweight” rating on Monday, October 10 by . Stifel Nicolaus maintained it with “Hold” rating and $6000 target in Thursday, July 13 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, January 28. The stock of Western Gas Partners, LP (NYSE:WES) has “Neutral” rating given on Thursday, March 17 by Credit Suisse.

Western Gas Partners, LP is a master limited partnership that acquires, owns, develops and operates midstream energy assets. The company has market cap of $9.04 billion. The Firm 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. It has a 35.98 P/E ratio. The Firm provides midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers.

Another recent and important Western Gas Partners, LP (NYSE:WES) news was published by Prnewswire.com which published an article titled: “Western Gas To Present At Upcoming JP Morgan Energy Equity Investor Conference” on June 22, 2017.

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