Western Gas Partners, LP stock performance trend indicates that the stock price has rallied 1.91% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.7% . Looking at the past 52 week period, the stock price is up at 41.46% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Western Gas Partners, LP has a positive value of 25.62 compared to overall market.Western Gas Partners, LP is having a Relative Strength Index of 46.15 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Western Gas Partners, LP (NYSE:WES) rallied by 0.73% during the past week but lost 6.3% on a 4-week basis. The company has outperformed the S&P 500 by 0.49% in the past week but underperformed the index by 7.37% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Western Gas Partners, LP (NYSE:WES) : On Friday heightened volatility was witnessed in Western Gas Partners, LP (NYSE:WES) which led to swings in the share price. The stock opened for trading at $59.92 and hit $61.15 on the upside , eventually ending the session at $60.94, with a gain of 1.58% or 0.95 points. The heightened volatility saw the trading volume jump to 1,816,299 shares. The 52-week high of the share price is $67.44 and the company has a market cap of $8,716 million. The 52-week low of the share price is at $38.51 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Western Gas Partners LP was Downgraded by BofA/Merrill to Underperform on Feb 27, 2017.
Company has reported several Insider transactions to the SEC, on Oct 4, 2016, James R Crane (director) sold 96,862 shares at 55.37 per share price.On Sep 15, 2016, David J Tudor (director) sold 4,000 shares at 49.12 per share price.On Jun 21, 2016, Donald R. Sinclair (CEO, President & Director) sold 10,000 shares at 46.90 per share price.
Western Gas Partners LP Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.35 EPS for the quarter, missing the analyst consensus estimate by $ -0.19. Analyst had a consensus of $0.54. The company had revenue of $510.80 million for the quarter, compared to analysts expectations of $482.32 million. The companys revenue was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.60 EPS.
WESTERN GAS PARTNERS is a growth-oriented Delaware limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets.