Western Gas Partners LP (WES) : Taylor Wealth Management Partners scooped up 1,565 additional shares in Western Gas Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 89,165 shares of Western Gas Partners LP which is valued at $4,441,309.Western Gas Partners LP makes up approximately 1.76% of Taylor Wealth Management Partners’s portfolio.
Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in WES by selling 4,500 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 159,560 shares of WES which is valued at $7,947,684. Western Gas Partners LP makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Duff Phelps Investment Management Co reduced its stake in WES by selling 300 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 492,100 shares of WES which is valued at $25,072,495. Western Gas Partners LP makes up approx 0.37% of Duff Phelps Investment Management Co’s portfolio.Adams Asset Advisors boosted its stake in WES in the latest quarter, The investment management firm added 1,027 additional shares and now holds a total of 28,277 shares of Western Gas Partners LP which is valued at $1,415,264. Western Gas Partners LP makes up approx 0.24% of Adams Asset Advisors’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in WES in the latest quarter, The investment management firm added 1,523 additional shares and now holds a total of 11,375 shares of Western Gas Partners LP which is valued at $570,456.
Western Gas Partners LP closed down -0.13 points or -0.26% at $49.14 with 1,83,191 shares getting traded on Monday. Post opening the session at $49.41, the shares hit an intraday low of $48.88 and an intraday high of $49.98 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Western Gas Partners LP reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.09 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.40. The company had revenue of $383.10 million for the quarter, compared to analysts expectations of $413.72 million. The company’s revenue was down -12.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.
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 Partnership’s services include gathering stabilization compression treating and dehydration processing fractionation and storage transportation and marketing.