Western Gas Partners (WES) to Release Quarterly Earnings on Thursday

Western Gas Partners (NYSE:WES) will be announcing its earnings results after the market closes on Thursday, February 14th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

WES opened at $48.56 on Thursday. Western Gas Partners has a twelve month low of $38.35 and a twelve month high of $53.44. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.25. The firm has a market cap of $7.67 billion, a PE ratio of 37.35 and a beta of 1.29.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 13th. Stockholders of record on Friday, February 1st will be given a dividend of $0.98 per share. The ex-dividend date is Thursday, January 31st. This is a boost from Western Gas Partners’s previous quarterly dividend of $0.97. This represents a $3.92 annualized dividend and a dividend yield of 8.07%. Western Gas Partners’s dividend payout ratio is 301.54%.

Several equities research analysts have recently weighed in on WES shares. Zacks Investment Research upgraded shares of Western Gas Partners from a “sell” rating to a “hold” rating in a research report on Saturday, January 12th. Stifel Nicolaus cut shares of Western Gas Partners from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $56.00 to $45.00 in a research report on Friday, December 21st. ValuEngine upgraded shares of Western Gas Partners from a “hold” rating to a “buy” rating in a report on Thursday, November 8th. Bank of America upgraded shares of Western Gas Partners from a “neutral” rating to a “buy” rating and set a $51.00 price target for the company in a report on Wednesday, November 7th. Finally, Credit Suisse Group raised their price target on shares of Western Gas Partners from $45.00 to $47.00 and gave the stock a “hold” rating in a report on Monday, November 12th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $51.42.

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Western Gas Partners Company Profile

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

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Earnings History for Western Gas Partners (NYSE:WES)

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