News coverage about Western Gas Partners (NYSE:WES) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Western Gas Partners earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 46.0173793077984 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Earnings surprise is on radar for Sanchez Midstream Partners LP AMEX:SNMP ? (stockmarketdaily.co)
- Pennsylvania Halts Mariner East 1 on Sinkhole Impacts (naturalgasintel.com)
- K2 targets 50% growth in 2018 (insuranceinsider.com)
- Western Gas Partners (WES) PT Lowered to $53.00 (americanbankingnews.com)
Shares of Western Gas Partners (NYSE:WES) traded down $0.05 during trading hours on Tuesday, reaching $47.16. 393,039 shares of the company were exchanged, compared to its average volume of 627,393. The company has a market capitalization of $7,044.11, a PE ratio of 37.13, a PEG ratio of 3.53 and a beta of 1.12. Western Gas Partners has a 12-month low of $42.68 and a 12-month high of $61.78. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.60 and a quick ratio of 0.60.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Thursday, February 1st were issued a $0.92 dividend. The ex-dividend date of this dividend was Wednesday, January 31st. This is a boost from Western Gas Partners’s previous quarterly dividend of $0.91. This represents a $3.68 dividend on an annualized basis and a yield of 7.80%. Western Gas Partners’s dividend payout ratio is currently 289.77%.
Several equities analysts have recently commented on the stock. Barclays restated a “hold” rating and set a $53.00 price target (down from $54.00) on shares of Western Gas Partners in a report on Wednesday, March 7th. Zacks Investment Research cut shares of Western Gas Partners from a “hold” rating to a “sell” rating in a report on Thursday, February 15th. UBS Group restated a “buy” rating and set a $61.00 price target (up from $59.00) on shares of Western Gas Partners in a report on Friday, March 2nd. Credit Suisse Group assumed coverage on shares of Western Gas Partners in a report on Thursday, January 4th. They set a “neutral” rating and a $49.00 price target on the stock. Finally, Royal Bank of Canada restated a “buy” rating and set a $61.00 price target on shares of Western Gas Partners in a report on Tuesday, January 16th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $57.67.
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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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