| Address:
|
1201 LAKE ROBBINS DRIVE
|
| City: |
THE WOODLANDS |
|
State: |
TX |
|
Zip Code: |
77380 |
| Telephone: |
832-636-1000 |
|
Description of Business
|
Primary SIC Code:
4922 |
| (As filed with the SEC)
|
|
|
Western Gas Partners, LP is a growth-oriented Delaware master limited
partnership, or "MLP," organized by Anadarko Petroleum Corporation in 2008 to
own, operate, acquire and develop midstream energy assets. Our common units are
publicly traded and listed on the New York Stock Exchange, or "NYSE," under the
symbol "WES." With midstream assets in East and West Texas, the Rocky Mountains
and the Mid-Continent, we are engaged in the business of gathering, processing,
compressing, treating and transporting natural gas, condensate, natural gas
liquids, or "NGLs," and crude oil for Anadarko, as defined below, and other
producers and customers.
Unless the context clearly indicates otherwise, references in this report to the
"Partnership," "we," "our," "us" or like terms, when used in the present tense
or prospective context, refer to Western Gas Partners, LP and its consolidated
subsidiaries. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.81 | 0.420 | 18.66 | | 06/2011 | 1.77 | 0.405 | 20.08 | | 03/2011 | 1.72 | 0.390 | 20.31 | | 12/2010 | 1.66 | 0.380 | 18.25 | | 09/2010 | 1.50 | 0.370 | 18.07 | | 06/2010 | 1.34 | 0.350 | 16.57 | | 03/2010 | 1.31 | 0.340 | 16.86 | | 12/2009 | 1.24 | 0.330 | 15.72 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.11 | Total Liab/Total Assets | 0.37 | | Net Inc/Total Assets | 0.07 | Total Liab/Inv Cap | 0.38 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | -0.58 | | Pretax Inc/Net Sales | 0.29 | Interest Coverage Ratio | 8.86 | | Net Inc/Net Sales | 0.25 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.43 | LTD/Equity | NA | | SG&A/NetSales | 0.08 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 43.55 | Quick Ratio | 1.02 | | Inventory Turnover | NA | Current Ratio | 1.02 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.25 | | Net Sales/Work Cap | 508.41 | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.37 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
186.77
|
161.75
|
135.99
|
126.35
|
|
Cost of Goods Sold
|
98.87
|
85.96
|
67.68
|
57.79
|
|
Selling & Admin Exps
|
12.70
|
11.06
|
10.66
|
9.89
|
|
Operating Income
|
50.96
|
43.03
|
38.10
|
40.56
|
|
Interest Exp
|
10.14
|
6.70
|
6.11
|
4.25
|
|
Pretax Income
|
45.05
|
36.87
|
37.97
|
40.74
|
|
Other Income
|
4.23
|
0.54
|
5.99
|
4.43
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
39.59
|
33.94
|
34.98
|
36.83
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
251.46
|
62.70
|
30.84
|
27.07
|
|
Receivables - Total
|
26.84
|
28.10
|
19.13
|
11.00
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
285.14
|
94.50
|
55.84
|
43.18
|
|
Net Property, Plant & Equipment
|
1,732.93
|
1,618.70
|
1,618.39
|
1,359.35
|
|
Total Assets
|
2,443.54
|
2,137.22
|
2,095.01
|
1,765.54
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
81.53
|
58.62
|
47.36
|
42.19
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
81.53
|
58.62
|
47.36
|
42.19
|
|
Long-Term Debt
|
669.06
|
668.95
|
645.00
|
474.00
|
|
Total Liabilities
|
920.23
|
885.23
|
843.12
|
650.93
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
106.78
|
96.15
|
90.01
|
90.46
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
NA
|
NA
|
NA
|
NA
|
|
Retained Earnings
|
NA
|
NA
|
NA
|
NA
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities and Stockholders' Equity
|
NA
|
NA
|
NA
|
NA
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
87.38
|
58.29
|
55.06
|
61.37
|
|
Net Cash Provided by Investing Activities
|
-68.29
|
-15.94
|
-317.47
|
29.11
|
|
Net Cash Provided by Financing Activities
|
169.68
|
-10.49
|
266.17
|
-99.80
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2008 | 311.65 | 65.28 | 0.77 | | 12/2009 | 490.55 | 107.91 | 1.24 | | 12/2010 | 503.32 | 126.07 | 1.66 | | Growth Rates | 27.08 | 38.97 | 46.83 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 118 | 31,022 | 34.42 |
|
Report Date :
2/6/2012
 Copyright
2012, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|