Western Gas Partners, LP (WES)


 

Western Gas Partners is a dropdown from Andarko Petroleum. It operates their pipeline network in the Rockies and Texas.

I bought into this in April 2012 at $45.65. I sold some in May 2013 at $61.06, and it's currently (December 2013) trading for $60.48, so I'm sitting on a 32% gain. Distribution yield is relatively modest at 3.84%, but I bought this with capital appreciation in mind. 52 week range has been $45 - $65.

 


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Send e-mail to: Todd <todd@thepeaches.com>