Western Gas Partners, LP (NYSE:WES) – Research analysts at Seaport Global Securities issued their Q4 2017 EPS estimates for Western Gas Partners, in a report released on Tuesday. Seaport Global Securities analyst B. Colson expects that the pipeline company will post earnings of $0.25 per share for the quarter. Seaport Global Securities has a “Buy” rating and a $64.00 price objective on the stock. Seaport Global Securities also issued estimates for Western Gas Partners,’s FY2018 earnings at $0.96 EPS.

A number of other equities analysts have also recently weighed in on WES. Stifel Nicolaus reiterated a “hold” rating and set a $54.00 price target on shares of Western Gas Partners, in a report on Thursday. Zacks Investment Research cut Western Gas Partners, from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. TheStreet upgraded Western Gas Partners, from a “c+” rating to a “b-” rating in a report on Tuesday, July 25th. BidaskClub cut Western Gas Partners, from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 23rd. Finally, Scotiabank set a $61.00 price target on Western Gas Partners, and gave the stock a “hold” rating in a report on Tuesday, July 11th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. Western Gas Partners, currently has an average rating of “Hold” and a consensus price target of $61.36.

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Western Gas Partners, (NYSE:WES) remained flat at $52.41 on Thursday. The company’s stock had a trading volume of 25,000 shares. Western Gas Partners, has a 12 month low of $48.04 and a 12 month high of $67.44. The stock has a market capitalization of $8.00 billion, a PE ratio of 37.46 and a beta of 1.17. The firm has a 50 day moving average price of $51.11 and a 200-day moving average price of $54.45.

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

Hedge funds have recently bought and sold shares of the business. Chicago Partners Investment Group LLC raised its position in Western Gas Partners, by 60.2% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 2,396 shares of the pipeline company’s stock valued at $139,000 after purchasing an additional 900 shares in the last quarter. Pathstone Family Office LLC acquired a new stake in Western Gas Partners, in the 2nd quarter valued at about $136,000. Oppenheimer Asset Management Inc. acquired a new stake in Western Gas Partners, in the 1st quarter valued at about $181,000. Biondo Investment Advisors LLC acquired a new stake in Western Gas Partners, in the 2nd quarter valued at about $232,000. Finally, Signature Financial Management Inc. raised its position in Western Gas Partners, by 9.6% in the 2nd quarter. Signature Financial Management Inc. now owns 3,725 shares of the pipeline company’s stock valued at $208,000 after purchasing an additional 325 shares in the last quarter. 59.35% of the stock is currently owned by institutional investors.

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.

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

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