Western Gas Partners Lp (WES): James R Crane , director of Western Gas Partners Lp sold 129,914 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $50.83 per share for a total value of $6,606,803.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, James R Crane (director) sold 63,371 shares at $50.04 per share price.On Sep 15, 2016, David J Tudor (director) sold 4,000 shares at $49.12 per share price.Also, On Jun 21, 2016, Donald R. Sinclair (CEO, President & Director) sold 10,000 shares at $46.90 per share price.On Apr 26, 2016, Darrell E Hollek (director) purchased 80 shares at $55.21 per share price.
Western Gas Partners LP: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Western Gas Partners LP which led to swings in the share price. The shares opened for trading at $50.61 and hit $50.72 on the upside , eventually ending the session at $50.46, with a gain of 0.92% or 0.46 points. The heightened volatility saw the trading volume jump to 2,64,457 shares. The 52-week high of the share price is $54.35 and the company has a market cap of $7,197 M . The 52-week low of the share price is at $25.4.
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.