It's Tuesday. It's the second trading day in this second full week of February! It's February 12, 2019. At 8:45 AM. (Eastern Standard Time)! The second day of the second trading week in February. Say Hello, on Tuesday!

Welcome to my Underdog Daily Dividend Show!

All's well for this terrific and trumpeted Tuesday! Come Wednesday things will be wonderful and well! This, however, is your tender and thrilling Tuesday!

Who and why am I doing this? I am Fredrik Arnold Rydlun, your dividend dogcatcher  (that is, I am a stock picker). It's what I do. That's why I'm here.

I help investors find stocks that pay long-term dividends and grow in value. The dogs I catch are dividend stocks eager to fetch great returns.

This year I'm building a stock portfolio named Ivy. It is the fourth portfolio I've done one stock per week pace since 2014. Hence, IV! Also, it is designed to grow up with: Outstanding, Proven, Dividend Winners.

And today I'm reviewing the second stock for this week aiming to become the third energy sector member of four in that Ivy dog-of-the-week portfolio.

By the way, scripts for these programs are posted on Talkmarkets.com each trade-day morning before this Underdog Daily Dividend Show video goes out.

OK, now, we'll look at one energy company that has made, is making, and might make some money for you and me in the future (if we buy it).

This week, as I mentioned, I'm looking for the third energy sector representative for my Ivy portfolio. The third of four for this year

That energy sector includes six industries all related to bringing oil and gas to market. They are: drilling, exploration and production (E&P), equipment and services, integrated, midstream, refining & marketing. (Those six oily and gassy enterprises.)

Today I'm reviewing a mid-cap oil and gas midstream company named Western Gas Equity Partners LP. Its trading ticker symbol is WGP.

Western Gas Equity Partners LP is a US-based company which owns, operates, acquires and develops midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil for Anadarko Petroleum Corporation and its subsidiaries, as well as third-party producers and customers. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

It is also involved in the gathering and disposing of produced water, and buying and selling of natural gas. Western Gas Equity Holdings, LLC serves as the general partner of Western Gas Equity Partners, LP. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Gas Equity Partners, LP is a subsidiary of Anadarko Petroleum Corporation.

I use three key data points to gauge the value of any dividend equity-like Western Gas Equity Partners LP.:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

WGP Price

WGP's price per share closed at $30.30 yesterday. A year ago its price was $38.48. So price fell  $8.18 per share last year, over 21%.

Assuming WGP's stock trades in the range of $24 to $40 next year, WGP's recent $30.30 price could rise by  $4.70 and go to $35.00 by early-February, 2020.

WGP Dividends

WGP's most recent Quarterly dividend was $0.6025 payable February 21st.

That quarterly dividend equates to a  $2.41 annual payout and a yield of 7.73% at yesterday's $30.30 closing price.

Gains For WGP?

Adding the $2.41 annual estimated dividend to my $4.70 WGP estimated price upside shows a $7.11 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we put a little under $1,000.00 today at the $30.30 recent stock price would buy us 33 Western Gas Equity Partners LP. shares.

A $10 broker fee paid half at purchase and half at sale costs $0.30 per share.

Subtract that $0.30 brokerage cost from the estimated $7.11 gross annual gain leaves a net gain of $6.81 X 33 shares

= $224.73  or a 22.5% net gain on a $999.90 investment.

Therefore, Western Gas Equity Partners LP.  whose trading ticker symbol is WGP now shows a possible net gain of 22.5% including that 7.73% dividend yield.

Ten brokers cover this stock:

Four say 'buy' WGP

Two say WGP will 'outperform' peers.

Four say 'hold' your WGP shares.

Therefore, you can look at Western Gas Equity Partners LP. and see it has made money, is making money, and could throw a net gain of 22.5% including that 7.73% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Western Gas Equity Partners LP. is worth your time and money.