Equities analysts expect Western Gas Partners, LP (NYSE:WES) to report earnings of $0.50 per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Western Gas Partners,’s earnings, with estimates ranging from $0.31 to $0.63. Western Gas Partners, posted earnings of $0.54 per share during the same quarter last year, which would indicate a negative year over year growth rate of 7.4%. The business is scheduled to report its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Western Gas Partners, will report full year earnings of $1.52 per share for the current year, with EPS estimates ranging from $1.17 to $1.79. For the next year, analysts anticipate that the firm will post earnings of $2.63 per share, with EPS estimates ranging from $1.69 to $3.39. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Western Gas Partners,.

Western Gas Partners, (NYSE:WES) last announced its quarterly earnings results on Tuesday, July 25th. The pipeline company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.04. The firm had revenue of $525.45 million during the quarter, compared to the consensus estimate of $488.21 million. Western Gas Partners, had a net margin of 28.81% and a return on equity of 15.80%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS.

A number of research analysts have weighed in on the company. Zacks Investment Research upgraded Western Gas Partners, from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 11th. BidaskClub upgraded Western Gas Partners, from a “strong sell” rating to a “sell” rating in a research note on Monday, July 24th. Stifel Nicolaus restated a “hold” rating and issued a $60.00 price target on shares of Western Gas Partners, in a research note on Friday, July 14th. Citigroup Inc. raised their price target on Western Gas Partners, from $55.00 to $61.00 and gave the company a “neutral” rating in a research note on Tuesday, April 25th. Finally, Macquarie assumed coverage on Western Gas Partners, in a research note on Friday, April 21st. They issued an “outperform” rating and a $51.00 price target for the company. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $61.18.

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Several large investors have recently added to or reduced their stakes in the stock. Good Life Advisors LLC acquired a new position in shares of Western Gas Partners, during the second quarter worth about $239,000. Keybank National Association OH increased its position in shares of Western Gas Partners, by 101.4% in the second quarter. Keybank National Association OH now owns 9,655 shares of the pipeline company’s stock worth $540,000 after buying an additional 4,860 shares in the last quarter. Evergreen Capital Management LLC increased its position in shares of Western Gas Partners, by 18.5% in the second quarter. Evergreen Capital Management LLC now owns 105,599 shares of the pipeline company’s stock worth $5,907,000 after buying an additional 16,480 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Western Gas Partners, by 3.9% in the second quarter. Venturi Wealth Management LLC now owns 34,712 shares of the pipeline company’s stock worth $1,942,000 after buying an additional 1,292 shares in the last quarter. Finally, Kayne Anderson Capital Advisors LP increased its position in shares of Western Gas Partners, by 4.5% in the second quarter. Kayne Anderson Capital Advisors LP now owns 11,649,319 shares of the pipeline company’s stock worth $651,663,000 after buying an additional 499,048 shares in the last quarter. Hedge funds and other institutional investors own 54.34% of the company’s stock.

Shares of Western Gas Partners, (NYSE:WES) traded down 1.88% during midday trading on Tuesday, hitting $50.19. The company had a trading volume of 338,168 shares. The firm has a market capitalization of $7.66 billion, a P/E ratio of 35.88 and a beta of 1.19. The firm’s 50-day moving average is $54.32 and its 200-day moving average is $58.43. Western Gas Partners, has a 12-month low of $46.85 and a 12-month high of $67.44.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Investors of record on Monday, July 31st will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, July 27th. This represents a $3.56 dividend on an annualized basis and a yield of 7.09%. This is a positive change from Western Gas Partners,’s previous quarterly dividend of $0.88. Western Gas Partners,’s payout ratio is currently 256.12%.

Western Gas Partners, Company Profile

Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company 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.

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Earnings History and Estimates for Western Gas Partners, (NYSE:WES)

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