NYSE:WES - Western Midstream Partners Stock Price, News, & Analysis

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$32.99 -0.06 (-0.18 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$33.05
Today's Range$32.63 - $33.19
52-Week Range$25.89 - $38.62
Volume512,757 shs
Average Volume890,615 shs
Market Capitalization$7.22 billion
P/E Ratio13.14
Dividend Yield7.29%
Beta1.54
Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. It is also involved in the gathering and disposing of produced water; and buying and selling of natural gas. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP is a subsidiary of Anadarko Petroleum Corporation.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone832-636-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.99 billion
Cash Flow$4.0085 per share
Book Value$16.01 per share

Profitability

Net Income$369.42 million

Miscellaneous

EmployeesN/A
Market Cap$7.22 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

Western Midstream Partners (NYSE:WES) Frequently Asked Questions

What is Western Midstream Partners' stock symbol?

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

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, April 19th. Investors of record on Wednesday, May 1st will be given a dividend of $0.61 per share on Tuesday, May 14th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 7.40%. The ex-dividend date is Tuesday, April 30th. View Western Midstream Partners' Dividend History.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners LP (NYSE:WES) announced its earnings results on Thursday, February, 14th. The pipeline company reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by $0.65. The pipeline company had revenue of $557.79 million for the quarter, compared to analysts' expectations of $521.78 million. Western Midstream Partners had a return on equity of 11.72% and a net margin of 19.06%. The company's revenue was down 11.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share. View Western Midstream Partners' Earnings History.

When is Western Midstream Partners' next earnings date?

Western Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Western Midstream Partners.

How can I listen to Western Midstream Partners' earnings call?

Western Midstream Partners will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778830383.

What price target have analysts set for WES?

9 brokerages have issued twelve-month target prices for Western Midstream Partners' stock. Their predictions range from $34.00 to $55.00. On average, they anticipate Western Midstream Partners' share price to reach $45.00 in the next year. This suggests a possible upside of 36.4% from the stock's current price. View Analyst Price Targets for Western Midstream Partners.

What is the consensus analysts' recommendation for Western Midstream Partners?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Midstream Partners.

Has Western Midstream Partners been receiving favorable news coverage?

Press coverage about WES stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Western Midstream Partners earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term.

Who are some of Western Midstream Partners' key competitors?

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 LP Unit (ET), AT&T (T), Magellan Midstream Partners (MMP), Starbucks (SBUX), Enterprise Products Partners (EPD), Kinder Morgan (KMI), WP Carey (WPC), Broadcom (AVGO), Skyworks Solutions (SWKS) and Alibaba Group (BABA).

Who are Western Midstream Partners' key executives?

Western Midstream Partners' management team includes the folowing people:
  • Ms. Robin H. Fielder, Pres, CEO & Director of Western Gas Equity Holdings, LLC (Age 38)
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer of Western Gas Equity Holding, LLC (Age 49)
  • Ms. Gennifer F. Kelly, Sr. VP & COO of Western Gas Equity Holdings, LLC (Age 46)
  • Mr. Jonathon E. VandenBrand, Director of Investor Relations
  • Mr. Philip H. Peacock, SVP, Gen. Counsel & Corp. Sec. of Western Gas Equity Holdings, LLC (Age 47)

Who are Western Midstream Partners' major shareholders?

Western Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (4.25%), Eagle Global Advisors LLC (0.85%), Miller Howard Investments Inc. NY (0.64%), Duff & Phelps Investment Management Co. (0.57%), Spirit of America Management Corp NY (0.31%) and Conning Inc. (0.06%). View Institutional Ownership Trends for Western Midstream Partners.

Which institutional investors are buying Western Midstream Partners stock?

WES stock was acquired by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Miller Howard Investments Inc. NY, Duff & Phelps Investment Management Co., Spirit of America Management Corp NY, Conning Inc., Walnut Private Equity Partners LLC and Chicago Partners Investment Group LLC. View Insider Buying and Selling for Western Midstream Partners.

How do I buy shares of Western Midstream Partners?

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

What is Western Midstream Partners' stock price today?

One share of WES stock can currently be purchased for approximately $32.99.

How big of a company is Western Midstream Partners?

Western Midstream Partners has a market capitalization of $7.22 billion and generates $1.99 billion in revenue each year. The pipeline company earns $369.42 million in net income (profit) each year or $2.51 on an earnings per share basis.

What is Western Midstream Partners' official website?

The official website for Western Midstream Partners is http://www.westerngas.com.

How can I contact Western Midstream Partners?

Western Midstream Partners' mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77251. The pipeline company can be reached via phone at 832-636-6000 or via email at [email protected]


MarketBeat Community Rating for Western Midstream Partners (NYSE WES)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  445 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  790
MarketBeat's community ratings are surveys of what our community members think about Western Midstream Partners and other stocks. Vote "Outperform" if you believe WES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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