$0.46 EPS Expected for Western Gas Equity Partners, LP (WGP)

April 17, 2018 - By Paula Hilliard

Western Gas Equity Partners, LP (NYSE:WGP) LogoInvestors sentiment decreased to 0.71 in Q4 2017. Its down 0.52, from 1.23 in 2017Q3. It worsened, as 17 investors sold Western Gas Equity Partners, LP shares while 38 reduced holdings. 16 funds opened positions while 23 raised stakes. 37.73 million shares or 4.16% less from 39.37 million shares in 2017Q3 were reported.
Yorkville Capital Mngmt Ltd Liability Co has 0.72% invested in Western Gas Equity Partners, LP (NYSE:WGP). Salient Capital Advisors Ltd Liability Company stated it has 2.89% in Western Gas Equity Partners, LP (NYSE:WGP). Eagle Glob Advisors Ltd Liability has 136,030 shares for 0.16% of their portfolio. Hall Laurie J Trustee holds 0.02% or 1,000 shares in its portfolio. Texas Yale Capital holds 0.05% or 17,150 shares. Northern Tru owns 77,537 shares for 0% of their portfolio. Barclays Pcl invested in 0.01% or 198,983 shares. Chickasaw Capital Mngmt Limited Liability Com invested in 5.35M shares. Royal Retail Bank Of Canada owns 7,243 shares. State Of New Jersey Common Pension Fund D owns 0.01% invested in Western Gas Equity Partners, LP (NYSE:WGP) for 69,900 shares. Blair William And Il owns 6,590 shares or 0% of their US portfolio. Conning reported 22,095 shares stake. Brookfield Asset Management holds 0.01% in Western Gas Equity Partners, LP (NYSE:WGP) or 61,729 shares. Mufg Americas Holdings reported 595 shares. Raymond James & Associate accumulated 19,395 shares.

Analysts expect Western Gas Equity Partners, LP (NYSE:WGP) to report $0.46 EPS on May, 1.They anticipate $0.11 EPS change or 31.43 % from last quarter’s $0.35 EPS. WGP’s profit would be $100.71 million giving it 18.51 P/E if the $0.46 EPS is correct. After having $0.45 EPS previously, Western Gas Equity Partners, LP’s analysts see 2.22 % EPS growth. The stock increased 4.77% or $1.55 during the last trading session, reaching $34.06. About 166,691 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has declined 26.12% since April 17, 2017 and is downtrending. It has underperformed by 37.67% the S&P500.

Western Gas Equity Partners, LP (NYSE:WGP) Ratings Coverage

Among 9 analysts covering Western Gas Eq (NYSE:WGP), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Western Gas Eq had 11 analyst reports since October 29, 2017 according to SRatingsIntel. Seaport Global downgraded the stock to “Neutral” rating in Monday, April 9 report. The company was maintained on Monday, January 29 by Scotia Capital. The firm has “Equal-Weight” rating given on Wednesday, March 7 by Barclays Capital. The rating was downgraded by Barclays Capital on Wednesday, January 17 to “Equal-Weight”. The firm has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley. RBC Capital Markets maintained it with “Buy” rating and $53.0 target in Sunday, October 29 report. Citigroup upgraded it to “Buy” rating and $4000 target in Tuesday, March 27 report. Bank of America maintained it with “Neutral” rating and $35 target in Tuesday, March 27 report. On Wednesday, January 3 the stock rating was upgraded by UBS to “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, January 16 report.

Western Gas Equity Partners, LP engages in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. The company has market cap of $7.46 billion. The firm owns or has investments in assets located in the Rocky Mountains, including Colorado, Utah, and Wyoming; North-central Pennsylvania; and Texas. It has a 19.8 P/E ratio. Western Gas Equity Holdings, LLC serves as the general partner Western Gas Equity Partners, LP.

Western Gas Equity Partners, LP (NYSE:WGP) Institutional Positions Chart

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