Media headlines about Western Gas Partners (NYSE:WES) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Western Gas Partners earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the pipeline company an impact score of 45.8901919565983 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Western Gas Partners (NYSE WES) traded down $0.03 on Friday, hitting $53.86. 2,070,000 shares of the company were exchanged, compared to its average volume of 594,090. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $8,220.00, a P/E ratio of 40.50, a price-to-earnings-growth ratio of 3.99 and a beta of 1.14. Western Gas Partners has a twelve month low of $42.68 and a twelve month high of $67.44.
Western Gas Partners (NYSE:WES) last posted its quarterly earnings results on Tuesday, October 31st. The pipeline company reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.16). The business had revenue of $574.70 million for the quarter, compared to the consensus estimate of $536.01 million. Western Gas Partners had a return on equity of 14.68% and a net margin of 26.41%. The company’s quarterly revenue was up 19.3% on a year-over-year basis. During the same period last year, the firm earned $0.54 earnings per share. equities analysts anticipate that Western Gas Partners will post 1.44 earnings per share for the current fiscal year.
WES has been the topic of a number of recent research reports. Bank of America assumed coverage on shares of Western Gas Partners in a research note on Tuesday, January 9th. They issued a “neutral” rating on the stock. Credit Suisse Group began 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. ValuEngine lowered shares of Western Gas Partners from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Morgan Stanley decreased their price target on shares of 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. Finally, TheStreet lowered shares of Western Gas Partners from a “b-” rating to a “c+” rating in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $58.67.
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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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