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Enter Symbol:
 
Westcorp (WES) [hlAlert]

Rating:
Neutral WES

Westcorp (WES) rated Neutral by Citigroup

Posted on: Thursday,  Nov 5, 2015  10:25 AM ET by Citigroup

Westcorp (NYSE:
WES) rated Neutral by Citigroup.

Western Gas Partners, LP is limited partnership organized by Anadarko to own, operate, acquire and develop midstream energy assets. The Company is engaged in the business of gathering, compressing, treating, processing and transporting natural gas for Anadarko Petroleum Corporation (Anadarko) and other producers and customers. The Company?s assets consist of nine gathering systems, six natural gas treating facilities, two gas processing facilities and one interstate pipeline. Its assets are located in East Texas, the Rocky Mountains (Utah and Wyoming) and the Mid-Continent (Kansas and Oklahoma). The Company?s general partner is Western Gas Holdings, LLC, a wholly owned subsidiary of Anadarko. On December 19, 2008, the Company acquired certain midstream assets from Anadarko.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2015 10:25 AM Hold
None
53.00
as of 12/31/2008
1 Week down  -6.41 %
1 Month down  -4.25 %
3 Months down  -3.89 %
1 YTD down  -24.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2008 8:25 AM Hold
None
17.09 18.50

(*) Stock Price at the time of the recommendation.
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