Large Outflow of Money Witnessed in Western Gas Partners LP

Western Gas Partners LP (WES) : Net money flow in Western Gas Partners LP (WES) was negative ($4.37 million) and the inflow of money on uptick was $2.52 million, whereas, the outflow of money on downticks amounted to $6.89 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.37. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $4.44 million. The money flow in block trades was negative ($4.44). Western Gas Partners LP (WES) gained $0.1 cent during the day and reached $49.21, a gain of 0.19% over the previous day.


Western Gas Partners LP is up 5.98% in the last 3-month period. Year-to-Date the stock performance stands at 7.25%. Western Gas Partners LP has dropped 1.65% in the last five trading days, however, the shares have posted positive gains of 3.19% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Crane James R, director of Western Gas Partners Lp, had unloaded 60,456 shares at an average price of $50.19 in a transaction dated on July 12, 2016. The total value of the transaction was worth $3,034,287.

Western Gas Partners LP (NYSE:WES): On Mondays trading session , Opening price of the stock was $48.9 with an intraday high of $49.33. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.2. However, the stock managed to close at $48.91, a loss of 0.41% for the day. On the previous day, the stock had closed at $49.11. The total traded volume of the day was 542,046 shares.

Western Gas Partners, LP, (the Partnership) is a master limited partnership (MLP) that owns, operates, acquires and develops midstream energy assets. The Partnership is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, Natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko) and its consolidated subsidiaries, as well as third-party producers and customers. Anadarko is an independent oil and gas exploration and production company engaged in upstream oil and gas business, and explores for and produces natural gas, crude oil, condensate and NGLs. The Partnerships services include gathering, stabilization, compression, treating and dehydration, processing, fractionation, and storage, transportation and marketing.

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