Western Gas Partners, LP (WES) Analysts See $0.50 EPS

July 19, 2017 - By Migdalia James

 Western Gas Partners, LP (WES) Analysts See $0.50 EPS
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.
Sei reported 18,000 shares. Comerica Bankshares holds 0% in Western Gas Partners, LP (NYSE:WES) or 6,572 shares. Solaris Asset Mngmt Ltd Limited Liability Company, New York-based fund reported 2,350 shares. Marquette Asset Management, a Minnesota-based fund reported 36,956 shares. Mai Mngmt holds 0.33% or 77,486 shares in its portfolio. Cullen Frost Bankers reported 17,647 shares. Caprock Gru stated it has 5,169 shares or 0.08% of all its holdings. Texan Mngmt invested in 0.55% or 20,180 shares. Grassi Inv Management owns 22,425 shares. Avalon Advsr Ltd Limited Liability Company reported 0.02% stake. Creative Planning stated it has 0.05% of its portfolio in Western Gas Partners, LP (NYSE:WES). Starr Intl Comm Incorporated reported 120,408 shares. Moody Bancorp Trust Division, a Texas-based fund reported 12,100 shares. Guggenheim Ltd Liability Co stated it has 0.01% of its portfolio in Western Gas Partners, LP (NYSE:WES). Chilton Cap Mngmt Ltd Company holds 0.27% or 44,250 shares in its portfolio.

Wall Street await Western Gas Partners, LP (NYSE:WES) to release earnings on July, 25. Analysts forecast earnings per share of $0.50, down exactly $0.05 or 9.09 % from 2014’s $0.55 EPS. The expected WES’s profit could reach $81.67M giving the stock 27.00 P/E in the case that $0.50 earnings per share is reported. After posting $0.01 EPS for the previous quarter, Western Gas Partners, LP’s analysts now forecast 4,900.00 % EPS growth. About 366,864 shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since July 20, 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. The stock of Western Gas Partners, LP (NYSE:WES) earned “Hold” rating by Stifel Nicolaus on Thursday, January 28. The firm has “Neutral” rating given on Friday, June 17 by MUFG. The firm has “Neutral” rating by Citigroup given on Thursday, April 7. FBR Capital maintained Western Gas Partners, LP (NYSE:WES) rating on Monday, September 28. FBR Capital has “Outperform” rating and $72 target. The company was maintained on Thursday, July 13 by Stifel Nicolaus. RBC Capital Markets maintained the shares of WES in report on Tuesday, October 11 with “Outperform” rating. The firm has “Buy” rating by MLV given on Friday, July 31. The firm has “Outperform” rating by Macquarie Research given on Friday, April 21. Citigroup downgraded Western Gas Partners, LP (NYSE:WES) on Thursday, November 5 to “Neutral” rating. As per Thursday, February 25, the company rating was initiated by Morgan Stanley.

Western Gas Partners, LP is a master limited partnership that acquires, owns, develops and operates midstream energy assets. The company has market cap of $8.82 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 35.94 P/E ratio. The Firm provides midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers.

More news for Western Gas Partners, LP (NYSE:WES) were recently published by: Gurufocus.com, which released: “Western Gas Announces Second Quarter 2017 Distribution And Schedules Earnings …” on July 18, 2017. Prnewswire.com‘s article titled: “Western Gas To Present At Upcoming JP Morgan Energy Equity Investor Conference” and published on June 22, 2017 is yet another important article.

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