Media stories about Western Gas Equity Partners (NYSE:WGP) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Gas Equity Partners earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media headlines about the pipeline company an impact score of 45.4172769721313 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Western Gas Equity Partners (NYSE WGP) traded up $0.50 during trading hours on Friday, hitting $40.42. The stock had a trading volume of 118,295 shares, compared to its average volume of 172,543. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.91 and a quick ratio of 0.91. Western Gas Equity Partners has a one year low of $33.92 and a one year high of $47.82. The firm has a market capitalization of $8,849.27, a price-to-earnings ratio of 24.50 and a beta of 1.50.

Western Gas Equity Partners (NYSE:WGP) last issued its earnings results on Tuesday, October 31st. The pipeline company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Western Gas Equity Partners had a return on equity of 8.99% and a net margin of 16.96%. The company had revenue of $574.70 million for the quarter, compared to analyst estimates of $530.80 million. During the same period in the prior year, the firm earned $0.54 earnings per share. Western Gas Equity Partners’s revenue for the quarter was up 19.3% on a year-over-year basis. research analysts anticipate that Western Gas Equity Partners will post 1.7 EPS for the current year.

WGP has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Western Gas Equity Partners from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Wednesday, September 27th. UBS Group upgraded Western Gas Equity Partners from a “neutral” rating to a “buy” rating and set a $44.00 price target on the stock in a report on Wednesday, January 3rd. Seaport Global Securities assumed coverage on Western Gas Equity Partners in a research report on Tuesday, October 10th. They set a “buy” rating and a $49.00 target price on the stock. Scotiabank reaffirmed a “buy” rating and set a $51.00 target price on shares of Western Gas Equity Partners in a research report on Wednesday, October 25th. Finally, TheStreet lowered Western Gas Equity Partners from a “b” rating to a “c+” rating in a research report on Monday, October 16th. Two investment analysts have rated the stock with a sell rating, three 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 price target of $48.75.

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About Western Gas Equity Partners

Western Gas Equity Partners, LP is a limited partnership. The Company is formed to own approximately three types of partnership interests in Western Gas Partners, LP (WES). WES is an master limited partnership (MLP) engaged in the business of gathering, compressing, treating, processing and transporting natural gas, and gathering, stabilizing and transporting condensate, natural gas liquids (NGLs) and crude oil.

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