Last $71.27 USD
Change Today +0.02 / 0.03%
Volume 223.8K
WES On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:01 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

western gas partners lp (WES) Snapshot

Open
$71.25
Previous Close
$71.25
Day High
$72.00
Day Low
$70.88
52 Week High
07/18/14 - $79.81
52 Week Low
02/5/14 - $58.50
Market Cap
9.2B
Average Volume 10 Days
377.2K
EPS TTM
$2.27
Shares Outstanding
126.6M
EX-Date
01/29/15
P/E TM
31.4x
Dividend
$2.80
Dividend Yield
3.58%
Current Stock Chart for WESTERN GAS PARTNERS LP (WES)

Related News

No related news articles were found.

western gas partners lp (WES) Related Businessweek News

No Related Businessweek News Found

western gas partners lp (WES) Details

Western Gas Partners, LP owns, operates, acquires, and develops midstream energy assets in east, west, and south Texas; the Rocky Mountains; north-central Pennsylvania; and the Mid-Continent. The company is engaged in gathering, compressing, processing, treating, and transporting natural gas, condensate, natural gas liquids (NGL), and crude oil. Its assets include 13 gathering systems, 8 natural gas treating facilities, 9 natural gas processing facilities, 3 NGL pipelines, and 3 natural gas pipelines. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP. The company was founded in 2007 and is headquartered in The Woodlands, Texas.

Founded in 2007

western gas partners lp (WES) Top Compensated Officers

Chief Executive Officer of Western Gas Holdin...
Total Annual Compensation: $283.4K
Chief Financial Officer of Western Gas Holdin...
Total Annual Compensation: $280.9K
Vice President of Western Gas Holdings LLC, G...
Total Annual Compensation: $121.2K
Compensation as of Fiscal Year 2013.

western gas partners lp (WES) Key Developments

Western Gas Partners LP Declares Quarter Dividend Payable on February 12, 2015

Western Gas Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.70 per unit for the fourth quarter of 2014, marking a full-year 2014 distribution increase of 16% over the full-year 2013. This distribution also represents a 4% increase over the prior quarter and a 17% increase over the fourth quarter of 2013. WES's fourth quarter 2014 distribution is payable on February 12, 2015, to unit holders of record at the close of business on February 2, 2015.

Western Gas Partners LP Presents at UBS MLP One-on-One Conference, Jan-12-2015

Western Gas Partners LP Presents at UBS MLP One-on-One Conference, Jan-12-2015 . Venue: St. Regis Deer Valley, Park City, Utah, United States. Speakers: Benjamin M. Fink, Chief Financial Officer of Western Gas Holdings LLC, Principal Accounting Officer of Western Gas Holdings LLC, Senior Vice President of Western Gas Holdings LLC and Treasurer of Western Gas Holdings LLC, Donald R. Sinclair, Chief Executive Officer of Western Gas Holdings LLC, President of Western Gas Holdings LLC and Non-Independent Director of Western Gas Holdings LLC.

Western Gas Partners LP Reports Unaudited Consolidated Earnings and Operating Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for 2014

Western Gas Partners LP reported unaudited consolidated earnings and operating results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income available to limited partners of $71.6 million, or $0.60 per diluted unit compared to $59.71 million or $0.53 per diluted unit reported a year ago. Adjusted EBITDA was $167.3 million compared to $125.17 million reported a year ago. Distributable cash flow was $136.7 million compared to $105.88 million reported a year ago. Capital expenditures attributable to the company on a cash basis, including equity investments but excluding acquisitions, were totaled $133.5 million during the third quarter of 2014. Of this amount, maintenance capital expenditures were $12.0 million compared to $7.4 million reported a year ago. Capital expenditures attributable to the company on an accrual basis, including equity investments but excluding acquisitions, were totaled $148.9 million during the third quarter of 2014. Total revenues were $326.46 million compared to $273.50 million reported a year ago. Operating income was $123.37 million compared to $90.21 million reported a year ago. Income before income taxes was $106.82 million compared to $81.85 million reported a year ago. Net income attributable to the company was $102.68 million compared to $78.51 million reported a year ago. Net cash provided by operating activities was $139.57 million compared to $134.02 million reported a year ago. For the nine months, net income attributable to the company was $285.14 million compared to $189.24 million reported a year ago. Limited partners' interest in net income was $202.16 million, or $1.71 per diluted unit compared to $136.88 million or $1.26 per diluted unit reported a year ago. Net cash provided by operating activities was $403.77 million compared to $317.32 million reported a year ago. Capital expenditures were $492.29 million compared to $469.68 million reported a year ago. Total revenues were $935.87 million compared to $750.67 million reported a year ago. Operating income was $338.66 million compared to $224.09 million reported a year ago. Income before income taxes was $296.42 million compared to $200.89 million reported a year ago. Adjusted EBITDA attributable to the company was $475.6 million compared to $328.75 million reported a year ago. Distributable cash flow was $392.99 million compared to $274.79 million reported a year ago. Cash paid for maintenance capital expenditures was $32.56 million compared to $19.6 million reported a year ago. For the quarter, the company reported total throughput of 3,624 MMcf/d, compared to 3,462 MMcf/d for the last year. Total throughput attributable to the company was 3,459 MMcf/d, compared to 3,285 MMcf/d for the last year. For the nine months, the company reported total throughput of 3,645 MMcf/d, compared to 3,277 MMcf/d for the last year. Total throughput attributable to the company was 3,476 MMcf/d, compared to 3,111 MMcf/d for the last year. Based on its current estimate, which does not include any 2014 contribution from Nuevo, the company's adjusted EBITDA for 2014 is now expected to be between $625 million and $650 million compared to previous guidance of $600 million and $650 million. Total capital expenditures including equity investments, but excluding acquisitions, are expected to be between $670 million and $720 million with maintenance capital expenditures expected to be between 7% and 10% of adjusted EBITDA compared previous guidance of $720 million and $770 million with maintenance capital expenditures expected to be between 8% and 11% of adjusted EBITDA.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WES:US $71.27 USD +0.02

WES Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Access Midstream Partners LP $53.14 USD +0.24
Cabot Oil & Gas Corp $28.71 USD +0.23
EnLink Midstream Partners LP $29.56 USD +0.21
EQT Corp $75.46 USD +0.40
Range Resources Corp $49.52 USD +0.88
View Industry Companies
 

Industry Analysis

WES

Industry Average

Valuation WES Industry Range
Price/Earnings 31.4x
Price/Sales 6.7x
Price/Book 3.4x
Price/Cash Flow 21.1x
TEV/Sales 5.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WESTERN GAS PARTNERS LP, please visit www.westerngas.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.