Western Gas Partners LP (WES) : During the past 4 weeks, traders have been relatively bearish on Western Gas Partners LP (WES), hence the stock is down -2.94% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.76% relative to the S&P 500. The 4-week change in the price of the stock is -4.91% and the stock has fallen -1.23% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 3.02%.The 200 Day SMA reached 10.3% Western Gas Partners LP is up 4.23% in the last 3-month period. Year-to-Date the stock performance stands at 7.15%.
Western Gas Partners LP (WES) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $66 and the lowest price target forecast is $53. The average forecast of all the analysts is $57.46 and the expected standard deviation is $3.8.
For the current week, the company shares have a recommendation consensus of Buy. Western Gas Partners LP (NYSE:WES): The stock opened at $47 and touched an intraday high of $48.71 on Friday. During the day, the stock corrected to an intraday low of $46.85, however, the bulls stepped in and pushed the price higher to close in the green at $48.07 with a gain of 1.58% for the day. The total traded volume for the day was 947,937. The stock had closed at $48.07 in the previous trading session.
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.