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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
NYSE:WES

Western Midstream Partners (WES) Stock Forecast, Price & News

$27.23
-0.04 (-0.15%)
(As of 09/29/2023 ET)
Compare
Today's Range
$27.01
$27.56
50-Day Range
$25.86
$28.47
52-Week Range
$23.79
$29.18
Volume
1.46 million shs
Average Volume
2.02 million shs
Market Capitalization
$10.47 billion
P/E Ratio
10.20
Dividend Yield
8.26%
Price Target
$30.60

Western Midstream Partners MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
12.4% Upside
$30.60 Price Target
Short Interest
Healthy
2.52% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.68mentions of Western Midstream Partners in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$127.50 M Sold Last Quarter
Proj. Earnings Growth
22.13%
From $2.53 to $3.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Oils/Energy Sector

24th out of 248 stocks

Natural Gas Transmission Industry

1st out of 18 stocks


WES stock logo

About Western Midstream Partners (NYSE:WES) Stock

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

WES Price History

WES Stock News Headlines

Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Western Midstream Partners (NYSE:WES) Trading Up 3.5%
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Q2 2023 Western Midstream Partners LP Earnings Call
Plains GP Holdings (PAGP) Receives a Buy from Stifel Nicolaus
See More Headlines
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WES Company Calendar

Ex-Dividend for 8/14 Dividend
7/28/2023
Last Earnings
8/08/2023
Dividend Payable
8/14/2023
Today
10/01/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
1,217
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.60
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+12.4%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
35.26%

Debt

Sales & Book Value

Annual Sales
$3.25 billion
Cash Flow
$4.69 per share
Book Value
$8.07 per share

Miscellaneous

Free Float
384,461,000
Market Cap
$10.47 billion
Optionable
Optionable
Beta
2.76
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Key Executives

  • Mr. Michael P. Ure (Age 46)
    Pres, CEO & Director - Western Midstream Holdings LLC
    Comp: $2.61M
  • Ms. Kristen S. Shults (Age 38)
    Sr. VP & CFO - Western Midstream Holdings LLC
    Comp: $933.69k
  • Ms. Catherine A. Green (Age 49)
    Sr. VP & Chief Accounting Officer of Western Midstream Holdings, LLC
    Comp: $1.43M
  • Mr. Christopher B. Dial (Age 46)
    Sr. VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC
    Comp: $1.08M
  • Mr. Robert W. BourneMr. Robert W. Bourne (Age 67)
    Sr. VP & Chief Commercial Officer of Western Midstream Holdings, LLC
    Comp: $1.12M
  • Mr. Keith Herndon
    VP & Chief Information Officer
  • Mr. Daniel Edwards Jenkins IV
    Director of Investor Relations - Western Midstream Holdings LLC
  • Mr. Jonathan A. Greenberg
    VP of Corp. Devel. - Western Midstream Holdings LLC
  • Ms. Crystal J. Sled
    Sr. VP of Human Capital Mgmt., Diversity, Equity, & Inclusion - Western Midstream Holdings LLC
  • Mr. Alejandro O. Nebreda
    Sr. VP of Bus. Services - Western Midstream Holdings LLC













WES Stock - Frequently Asked Questions

Should I buy or sell Western Midstream Partners stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WES, but not buy additional shares or sell existing shares.
View WES analyst ratings
or view top-rated stocks.

What is Western Midstream Partners' stock price forecast for 2023?

11 Wall Street research analysts have issued 1 year price targets for Western Midstream Partners' stock. Their WES share price forecasts range from $25.00 to $35.00. On average, they anticipate the company's share price to reach $30.60 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for WES
or view top-rated stocks among Wall Street analysts.

How have WES shares performed in 2023?

Western Midstream Partners' stock was trading at $26.85 at the beginning of the year. Since then, WES shares have increased by 1.4% and is now trading at $27.23.
View the best growth stocks for 2023 here
.

When is Western Midstream Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our WES earnings forecast
.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners, LP (NYSE:WES) released its earnings results on Tuesday, August, 8th. The pipeline company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.01. The pipeline company had revenue of $738.90 million for the quarter, compared to analyst estimates of $795.73 million. Western Midstream Partners had a net margin of 34.08% and a trailing twelve-month return on equity of 34.41%. The company's revenue for the quarter was down 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.74 earnings per share.

How often does Western Midstream Partners pay dividends? What is the dividend yield for Western Midstream Partners?

Western Midstream Partners declared a quarterly dividend on Friday, July 21st. Shareholders of record on Monday, July 31st will be paid a dividend of $0.5625 per share on Monday, August 14th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.26%. The ex-dividend date of this dividend is Friday, July 28th.
Read our dividend analysis for WES
.

Is Western Midstream Partners a good dividend stock?

Western Midstream Partners (NYSE:WES) pays an annual dividend of $2.25 per share and currently has a dividend yield of 8.26%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WES will have a dividend payout ratio of 72.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WES.

What other stocks do shareholders of Western Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Midstream Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Exxon Mobil (XOM), NGL Energy Partners (NGL), NVIDIA (NVDA), Pfizer (PFE), Johnson & Johnson (JNJ), AbbVie (ABBV) and Broadcom (AVGO).

What is Western Midstream Partners' stock symbol?

Western Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "WES."

How do I buy shares of Western Midstream Partners?

Shares of WES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Western Midstream Partners' stock price today?

One share of WES stock can currently be purchased for approximately $27.23.

How much money does Western Midstream Partners make?

Western Midstream Partners (NYSE:WES) has a market capitalization of $10.47 billion and generates $3.25 billion in revenue each year. The pipeline company earns $1.22 billion in net income (profit) each year or $2.67 on an earnings per share basis.

How many employees does Western Midstream Partners have?

The company employs 1,217 workers across the globe.

How can I contact Western Midstream Partners?

Western Midstream Partners' mailing address is 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX, 77380. The official website for the company is www.westernmidstream.com. The pipeline company can be reached via phone at (346) 786-5000, via email at investors@westernmidstream.com, or via fax at 832-636-6001.

This page (NYSE:WES) was last updated on 10/1/2023 by MarketBeat.com Staff

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