Western Gas Partners (WES) Receiving Somewhat Positive News Coverage, Report Shows

Media coverage about Western Gas Partners (NYSE:WES) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media 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 coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media coverage about the pipeline company an impact score of 46.0173793077984 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern’s analysis:

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A number of research analysts recently issued reports on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $61.00 target price on shares of Western Gas Partners in a research note on Tuesday, January 16th. Zacks Investment Research lowered shares of Western Gas Partners from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Barclays lowered shares of Western Gas Partners from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $62.00 to $54.00 in a research report on Wednesday, January 17th. Credit Suisse Group started coverage on shares of Western Gas Partners in a research report on Thursday, January 4th. They issued a “neutral” rating and a $49.00 price target on the stock. Finally, Scotiabank restated a “hold” rating and issued a $58.00 price target on shares of Western Gas Partners in a research report on Monday, January 29th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $55.93.

Shares of Western Gas Partners stock traded up $0.72 during trading on Thursday, hitting $43.34. 144,817 shares of the company’s stock traded hands, compared to its average volume of 624,542. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.60 and a current ratio of 0.60. Western Gas Partners has a twelve month low of $40.44 and a twelve month high of $61.78. The firm has a market cap of $6,551.21, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 3.25 and a beta of 1.13.

Western Gas Partners (NYSE:WES) last issued its earnings results on Thursday, February 15th. The pipeline company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.08). Western Gas Partners had a net margin of 25.24% and a return on equity of 14.38%. The business had revenue of $632.02 million for the quarter, compared to analyst estimates of $569.17 million. During the same quarter last year, the firm posted $0.35 earnings per share. Western Gas Partners’s revenue was up 23.7% on a year-over-year basis. equities analysts forecast that Western Gas Partners will post 2.2 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was first posted by BBNS and is the property of of BBNS. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://baseballnewssource.com/2018/04/05/western-gas-partners-wes-earns-daily-news-impact-score-of-0-13/2026144.html.

About Western Gas Partners

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

Insider Buying and Selling by Quarter for Western Gas Partners (NYSE:WES)

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