Vmbook Online ordering
Western Gas Partners Lp
Western Gas Partners, LP (WES) is a limited partnership company that is engaged in the business of gathering, processing, compressing, and transporting natural gas for Anadarko Petroleum Corporation and its affiliates. The company operates in two segments: Gathering & Processing and Compression Services. The Gathering & Processing segment includes natural gas gathering and processing activities. The Compression Services segment includes compression services and related activities that support the gathering and processing of natural gas.
Western Gas Partners, LP was founded in 2006 and is headquartered in The Woodlands, Texas. Its common units are listed and traded on the New York Stock Exchange (NYSE) under the ticker symbol "WES."
As of December 31, 2019, Western Gas Partners, LP had approximately 8,300 miles of gas gathering pipelines, 16 gas processing plants, and 12 compression facilities. Its operations are focused primarily on the Rocky Mountains, the Mid-Continent, and the Gulf Coast regions of the United States.
The company has a strong financial position with a high distribution coverage ratio, providing a stable distribution to its unitholders. However, like any other company, Western Gas Partners, LP is exposed to various risks such as market volatility, regulatory changes, and economic downturns.
Investors who are interested in investing in Western Gas Partners, LP should consider these factors and perform their own due diligence before making an investment decision. It is always recommended to consult with a financial advisor or investment professional before making any investment decisions.