Head to Head Comparison: Western Gas Partners, (WES) vs. The Competition

Western Gas Partners, (NYSE: WES) is one of 44 publicly-traded companies in the “Oil & Gas Refining and Marketing” industry, but how does it weigh in compared to its peers? We will compare Western Gas Partners, to similar companies based on the strength of its valuation, earnings, risk, dividends, analyst recommendations, institutional ownership and profitability.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Western Gas Partners, and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Gas Partners, 1 3 7 0 2.55
Western Gas Partners, Competitors 417 2021 2670 128 2.48

Western Gas Partners, currently has a consensus price target of $60.30, indicating a potential upside of 32.12%. As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 6.74%. Given Western Gas Partners,’s stronger consensus rating and higher possible upside, equities analysts plainly believe Western Gas Partners, is more favorable than its peers.

Volatility and Risk

Western Gas Partners, has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500. Comparatively, Western Gas Partners,’s peers have a beta of 1.36, suggesting that their average stock price is 36% more volatile than the S&P 500.

Dividends

Western Gas Partners, pays an annual dividend of $3.62 per share and has a dividend yield of 7.9%. Western Gas Partners, pays out 294.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Refining and Marketing” companies pay a dividend yield of 5.2% and pay out 290.3% of their earnings in the form of a dividend. Western Gas Partners, has increased its dividend for 9 consecutive years.

Institutional and Insider Ownership

60.0% of Western Gas Partners, shares are owned by institutional investors. Comparatively, 47.5% of shares of all “Oil & Gas Refining and Marketing” companies are owned by institutional investors. 0.0% of Western Gas Partners, shares are owned by insiders. Comparatively, 11.7% of shares of all “Oil & Gas Refining and Marketing” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Western Gas Partners, and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Western Gas Partners, 26.41% 14.68% 7.24%
Western Gas Partners, Competitors -1.19% 3.01% 1.54%

Earnings & Valuation

This table compares Western Gas Partners, and its peers gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Western Gas Partners, $1.80 billion $591.33 million 37.11
Western Gas Partners, Competitors $40.28 billion $687.43 million 285.80

Western Gas Partners,’s peers have higher revenue and earnings than Western Gas Partners,. Western Gas Partners, is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Western Gas Partners, beats its peers on 8 of the 15 factors compared.

Western Gas Partners, Company Profile

Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States. The Company provides midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers. The Company’s operations and activities are managed by its general partner, which is indirectly controlled by Anadarko through Western Gas Equity Partners, LP (WGP). As of December 31, 2016, its assets and investments consisted of gathering systems, treating facilities, natural gas processing plants/trains, NGL pipelines, natural gas pipelines and oil pipelines. These assets and investments are located in the Rocky Mountains (Colorado, Utah and Wyoming), North-central Pennsylvania and Texas.

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