Analysts’ Take on Western Gas Partners before 2Q16 Results
The high and low target prices for Western Gas Partners (WES) are $66 and $51, respectively. The median target price of $57 implies a 13.9% return in the next 12 months.
Western Gas Partners’ (WES) implied volatility has fallen significantly after increasing to over 91.9% in the beginning of 2016.
Western Gas Partners’ (WES) short interest as a percentage of float has fallen to 3.0% after increasing to 5.8% in March 2016.
Western Gas Partners (WES) has gained 5.3% YTD (year-to-date). The Alerian MLP ETF (AMLP), which comprises 24 midstream energy MLPs, has gained 7.7% YTD.
Western Gas Partners (WES) declared a distribution of $0.83 per unit for 2Q16. This represents an 11.0% YoY (year-over-year) increase.
Western Gas Partners (WES) is protected to some extent from production drops at the Eagle Ford Shale through MVC (minimum volume commitment) contracts.
Western Gas Partners (WES) and its general partner, Western Gas Equity Partners (WGP), are scheduled to release their 2Q16 earnings on July 26, 2016.
Of the analysts surveyed by Bloomberg, 17% rated Enbridge Energy Partners (EEP) a “buy” and 58% rated it a “hold.”
Enbridge Energy Partners’ (EEP) Liquids segment’s revenues are backed by long-term contracts.
More than 90 percent of our revenues are derived from investment grade counterparties,” said Mark Maki, Enbridge Energy Partners’ (EEP) president.
Enbridge Energy Partners (EEP) carries out its operations through two reportable segments: Liquids and Natural Gas.
Enbridge Energy Partners (EEP) is scheduled to report its 2Q16 results on July 28, 2016. Here’s what you need to know.
In the short run, Vanguard Natural Resources’ outlook seems bleak, considering its weak liquidity position and high leverage.
Vanguard Natural Resources’ (VNR) implied volatility has come down significantly after increasing to over 192.2% in the beginning of 2016.
Vanguard Natural Resources’ (VNR) short interest as a percentage ratio has come down to 3.3% after peaking at 4.6% during March 2016.
Vanguard Natural Resources (VNR) announced a suspension of monthly distribution from March 2016 onwards.
Vanguard Natural Resources (VNR) has lost 37.6% of its market value since the beginning of 2016.
A slight recovery in natural gas and crude oil prices is expected to improve Vanguard Natural’s average realized price for the second quarter.
Vanguard Natural Resources (VNR) is scheduled to release its 2Q16 earnings on July 27, 2016.
Kinder Morgan expects its 2016 adjusted EBITDA to be about 3% below budget. It expects its distributable cash flow to be about 4% below budget.