News stories about Western Gas Partners (NYSE:WES) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Western Gas Partners earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the pipeline company an impact score of 45.6556832221255 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Western Gas Partners (NYSE WES) traded down $0.88 during midday trading on Friday, hitting $47.21. The company had a trading volume of 1,590,193 shares, compared to its average volume of 699,620. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $7,204.34, a PE ratio of 38.38, a PEG ratio of 3.48 and a beta of 1.09. Western Gas Partners has a 12 month low of $42.68 and a 12 month high of $67.44.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 13th. Shareholders of record on Thursday, February 1st will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 7.79%. This is a boost from Western Gas Partners’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, January 31st. Western Gas Partners’s payout ratio is presently 299.19%.
A number of equities research analysts recently issued reports on WES shares. Scotiabank reiterated a “hold” rating and issued a $61.00 price objective on shares of Western Gas Partners in a research report on Wednesday, October 25th. Barclays lowered their price target on Western Gas Partners from $63.00 to $62.00 and set an “overweight” rating on the stock in a research report on Thursday, November 2nd. Morgan Stanley lowered their price target on Western Gas Partners from $52.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Friday, November 17th. TheStreet downgraded Western Gas Partners from a “b-” rating to a “c+” rating in a research report on Monday, November 6th. Finally, Stifel Nicolaus upgraded Western Gas Partners from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $57.08.
About Western Gas Partners
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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