$0.48 EPS Expected for Western Gas Partners, LP (WES)

April 17, 2018 - By Christine McCrea

Western Gas Partners, LP (NYSE:WES) LogoInvestors sentiment decreased to 0.75 in 2017 Q4. Its down 0.77, from 1.52 in 2017Q3. It dropped, as 24 investors sold Western Gas Partners, LP shares while 72 reduced holdings. 24 funds opened positions while 48 raised stakes. 90.11 million shares or 0.38% less from 90.45 million shares in 2017Q3 were reported.
Center Coast Capital Advisors Ltd Partnership reported 4.28M shares or 5.54% of all its holdings. Fmr Ltd Liability stated it has 110,700 shares or 0% of all its holdings. Brookfield Asset Mgmt Incorporated has 0.75% invested in Western Gas Partners, LP (NYSE:WES) for 3.80M shares. Deutsche Fincl Bank Ag invested in 0.01% or 450,412 shares. New York-based Blackrock has invested 0% in Western Gas Partners, LP (NYSE:WES). 171,357 were reported by Fort Washington Advsr Oh. Duff Phelps Inv Mngmt, Illinois-based fund reported 788,000 shares. Cullen Frost Bankers has 17,647 shares. Stifel Corporation holds 0.01% in Western Gas Partners, LP (NYSE:WES) or 34,001 shares. Lpl Fincl Ltd Co reported 9,377 shares. Geode Cap stated it has 4,659 shares. Evergreen Capital Limited Liability has 1.06% invested in Western Gas Partners, LP (NYSE:WES). Mitchell Mcleod Pugh Williams Inc invested in 0.33% or 9,980 shares. Moreover, Kings Point Management has 0% invested in Western Gas Partners, LP (NYSE:WES). C V Starr & Communications invested in 50,000 shares or 12.15% of the stock.

Analysts expect Western Gas Partners, LP (NYSE:WES) to report $0.48 EPS on May, 1.They anticipate $0.47 EPS change or 4,700.00 % from last quarter’s $0.01 EPS. WES’s profit would be $74.49M giving it 24.15 P/E if the $0.48 EPS is correct. After having $0.39 EPS previously, Western Gas Partners, LP’s analysts see 23.08 % EPS growth. The stock increased 5.41% or $2.38 during the last trading session, reaching $46.37. About 590,151 shares traded. Western Gas Partners, LP (NYSE:WES) has declined 29.39% since April 17, 2017 and is downtrending. It has underperformed by 40.94% the S&P500.

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

Among 11 analysts covering Western Gas Partners (NYSE:WES), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Western Gas Partners had 17 analyst reports since October 26, 2017 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Tuesday, March 27. The company was maintained on Tuesday, March 27 by Bank of America. Scotia Capital maintained Western Gas Partners, LP (NYSE:WES) rating on Monday, January 29. Scotia Capital has “Hold” rating and $58.0 target. As per Wednesday, March 7, the company rating was maintained by Barclays Capital. The rating was maintained by Morgan Stanley on Friday, November 17 with “Equal-Weight”. Seaport Global downgraded the stock to “Neutral” rating in Monday, April 9 report. Stifel Nicolaus maintained the shares of WES in report on Tuesday, February 20 with “Buy” rating. The firm has “Equal-Weight” rating given on Wednesday, January 17 by Barclays Capital. The firm has “Buy” rating given on Sunday, October 29 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, January 11 by Stifel Nicolaus.

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. The company has market cap of $7.20 billion. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. It has a 35.67 P/E ratio. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

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

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