Wall Street analysts expect Western Gas Partners, LP (NYSE:WES) to announce earnings of $0.50 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Western Gas Partners,’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.63. Western Gas Partners, reported earnings per share of $0.54 during the same quarter last year, which would suggest a negative year-over-year growth rate of 7.4%. The company is expected to issue its next earnings results 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 financial year, with EPS estimates ranging from $1.17 to $1.79. For the next financial year, analysts expect that the company will post earnings of $2.50 per share, with EPS estimates ranging from $1.69 to $3.09. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Western Gas Partners,.

Western Gas Partners, (NYSE:WES) last issued its earnings results on Tuesday, July 25th. The pipeline company reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.53 by $0.04. Western Gas Partners, had a net margin of 28.81% and a return on equity of 15.80%. The company had revenue of $525.45 million during the quarter, compared to analyst estimates of $488.21 million. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The business’s revenue was up 22.6% on a year-over-year basis.

Several analysts have weighed in on WES shares. Scotiabank set a $61.00 price objective on shares of Western Gas Partners, and gave the stock a “hold” rating in a research note on Wednesday, August 16th. BidaskClub cut shares of Western Gas Partners, from a “sell” rating to a “strong sell” rating in a research note on Friday, June 23rd. TheStreet cut shares of Western Gas Partners, from a “b” rating to a “c+” rating in a research note on Monday, June 5th. Zacks Investment Research cut shares of Western Gas Partners, from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 29th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $60.00 target price on shares of Western Gas Partners, in a research report on Friday, July 14th. Two 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 company has a consensus rating of “Hold” and an average target price of $61.18.

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Large investors have recently made changes to their positions in the stock. Stephens Inc. AR raised its stake in shares of Western Gas Partners, by 1.6% in the second quarter. Stephens Inc. AR now owns 6,100 shares of the pipeline company’s stock valued at $341,000 after buying an additional 96 shares during the period. Sei Investments Co. raised its stake in shares of Western Gas Partners, by 0.6% in the first quarter. Sei Investments Co. now owns 18,100 shares of the pipeline company’s stock valued at $1,094,000 after buying an additional 100 shares during the period. Linscomb & Williams Inc. raised its stake in shares of Western Gas Partners, by 2.5% in the second quarter. Linscomb & Williams Inc. now owns 9,886 shares of the pipeline company’s stock valued at $553,000 after buying an additional 241 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Western Gas Partners, by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 3,954 shares of the pipeline company’s stock valued at $221,000 after buying an additional 265 shares during the period. Finally, Keybank National Association OH raised its stake in shares of Western Gas Partners, by 6.1% in the first quarter. Keybank National Association OH now owns 4,795 shares of the pipeline company’s stock valued at $290,000 after buying an additional 275 shares during the period. 55.32% of the stock is currently owned by institutional investors.

Western Gas Partners, (NYSE:WES) opened at 50.24 on Friday. The firm has a market capitalization of $7.67 billion, a P/E ratio of 35.91 and a beta of 1.19. Western Gas Partners, has a 52 week low of $46.85 and a 52 week high of $67.44. The firm has a 50-day moving average price of $52.34 and a 200-day moving average price of $57.11.

The business also recently declared a quarterly dividend, which was paid on Friday, August 11th. Investors of record on Monday, July 31st were issued a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, July 27th. This is a positive change from Western Gas Partners,’s previous quarterly dividend of $0.88. This represents a $3.56 annualized dividend and a dividend yield of 7.09%. Western Gas Partners,’s payout ratio is 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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