Western Midstream Partners Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Western Midstream Partners stock.
View analyst ratings for Western Midstream Partners or view top-rated stocks.

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Western Midstream Partners saw a decrease in short interest in the month of May. As of May 28th, there was short interest totaling 3,850,000 shares, a decrease of 14.1% from the May 13th total of 4,480,000 shares. Based on an average trading volume of 1,400,000 shares, the short-interest ratio is currently 2.8 days. Currently, 1.9% of the shares of the company are sold short.
View Western Midstream Partners' Short Interest.

Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Western Midstream Partners.

Western Midstream Partners, LP (NYSE:WES) announced its quarterly earnings data on Monday, May, 10th. The pipeline company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.10. The pipeline company had revenue of $674.97 million for the quarter, compared to the consensus estimate of $637.44 million. Western Midstream Partners had a net margin of 35.91% and a trailing twelve-month return on equity of 33.71%. The firm's revenue for the quarter was down 12.8% on a year-over-year basis. During the same period last year, the company posted ($0.57) EPS.
View Western Midstream Partners' earnings history.

Western Midstream Partners' stock was trading at $6.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WES shares have increased by 230.7% and is now trading at $22.16.
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Western Midstream Partners declared a quarterly dividend on Wednesday, April 21st. Shareholders of record on Friday, April 30th will be paid a dividend of $0.315 per share on Friday, May 14th. This represents a $1.26 annualized dividend and a yield of 5.69%. The ex-dividend date of this dividend is Thursday, April 29th.
View Western Midstream Partners' dividend history.

Western Midstream Partners pays an annual dividend of $1.26 per share and currently has a dividend yield of 5.62%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Western Midstream Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Western Midstream Partners is 49.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Midstream Partners will have a dividend payout ratio of 51.64% next year. This indicates that Western Midstream Partners will be able to sustain or increase its dividend.
View Western Midstream Partners' dividend history.

14 equities research analysts have issued 1-year price objectives for Western Midstream Partners' stock. Their forecasts range from $12.00 to $26.00. On average, they anticipate Western Midstream Partners' share price to reach $20.27 in the next year. This suggests that the stock has a possible downside of 8.5%.
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Some companies that are related to Western Midstream Partners include The Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Enable Midstream Partners (ENBL), Equitrans Midstream (ETRN), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Altus Midstream (ALTM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).
View all of WES's competitors.

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).

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

Western Midstream Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Alps Advisors Inc. (6.44%), Blackstone Group Inc. (4.40%), Tortoise Capital Advisors L.L.C. (3.33%), Neuberger Berman Group LLC (3.00%), Chickasaw Capital Management LLC (2.35%) and Credit Suisse AG (1.55%). Company insiders that own Western Midstream Partners stock include David J Tudor, James R Crane, Michael Ure and Petroleum Corp /De/ Occidental.
View institutional ownership trends for Western Midstream Partners.

WES stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Morgan Stanley, Barclays PLC, UBS Group AG, JPMorgan Chase & Co., Neuberger Berman Group LLC, Zimmer Partners LP, and Kayne Anderson Capital Advisors LP.
View insider buying and selling activity for Western Midstream Partners or view top insider-selling stocks.

WES stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Blackstone Group Inc., Chickasaw Capital Management LLC, Credit Suisse AG, Goldman Sachs Group Inc., Berkley W R Corp, Alps Advisors Inc., and Jennison Associates LLC. Company insiders that have bought Western Midstream Partners stock in the last two years include James R Crane, and Michael Ure.
View insider buying and selling activity for Western Midstream Partners or or view top insider-buying stocks.

Shares of WES 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.
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One share of WES stock can currently be purchased for approximately $22.16.

Western Midstream Partners has a market capitalization of $9.15 billion and generates $2.77 billion in revenue each year. The pipeline company earns $527.01 million in net income (profit) each year or $2.55 on an earnings per share basis.

Western Midstream Partners employs 1,045 workers across the globe.

The official website for Western Midstream Partners is www.westernmidstream.com.

Western Midstream Partners is headquartered at 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX, 77380.

Western Midstream Partners' mailing address is 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX, 77380. The pipeline company can be reached via phone at 832-636-1009 or via email at [email protected]