Top-Rated Dividend Stocks NYSE:WES Western Midstream Partners - WES Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Midstream Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. $25.89 +0.59 (+2.33%) (As of 03/21/2023 10:27 AM ET) Add Compare Share Share Today's Range$25.66▼$26.0850-Day Range$24.52▼$28.5752-Week Range$21.95▼$29.50Volume122,624 shsAverage Volume1.11 million shsMarket Capitalization$9.96 billionP/E Ratio8.63Dividend Yield7.72%Price Target$34.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western Midstream Partners MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside30.7% Upside$34.00 Price TargetShort InterestBearish2.55% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.63Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth14.19%From $2.89 to $3.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.09 out of 5 starsOils/Energy Sector24th out of 243 stocksNatural Gas Transmission Industry2nd out of 20 stocks 4.4 Analyst's Opinion Consensus RatingWestern Midstream Partners has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.00, Western Midstream Partners has a forecasted upside of 30.7% from its current price of $26.01.Amount of Analyst CoverageWestern Midstream Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.55% of the float of Western Midstream Partners has been sold short.Short Interest Ratio / Days to CoverWestern Midstream Partners has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Western Midstream Partners has recently increased by 20.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 7.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Midstream Partners has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Western Midstream Partners is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Western Midstream Partners will have a dividend payout ratio of 60.61% next year. This indicates that Western Midstream Partners will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WES. Previous Next 2.6 News and Social Media Coverage News SentimentWestern Midstream Partners has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Western Midstream Partners this week, compared to 1 article on an average week.Search InterestOnly 21 people have searched for WES on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Western Midstream Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Midstream Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of Western Midstream Partners is held by insiders.Percentage Held by Institutions91.96% of the stock of Western Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Western Midstream Partners are expected to grow by 14.19% in the coming year, from $2.89 to $3.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 8.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 8.67, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 58.83.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Midstream Partners (NYSE:WES) StockWestern Midstream Partners LP engages in the ownership, operation, acquisition, and development of midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.Read More Receive WES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Midstream Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address WES Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comWestern Midstream Partners (NYSE:WES) Research Coverage Started at StockNews.comMarch 16, 2023 | americanbankingnews.comBrokerages Set Western Midstream Partners, LP (NYSE:WES) Price Target at $34.00March 21, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureFebruary 28, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on Western Midstream Partners (WES)February 27, 2023 | finance.yahoo.comWestern Midstream Announces Fourth-Quarter Post-Earnings Interview With Chief Financial Officer, Kristen Shults and Participation in Morgan Stanley, Barclays, and Mizuho ConferencesFebruary 23, 2023 | benzinga.comWestern Midstream Partners shares are trading lower after the company reported worse-than-expected Q4 sales results.February 22, 2023 | msn.comEPR Properties FFO of $1.27 beats by $0.09, revenue of $178.7M beats by $23.31MFebruary 22, 2023 | msn.comWestern Midstream Partners GAAP EPS of $0.85 beats by $0.13, revenue of $779.44M misses by $21.06MMarch 21, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureFebruary 22, 2023 | finance.yahoo.comWestern Midstream Announces Fourth-Quarter and Full-Year 2022 ResultsFebruary 21, 2023 | seekingalpha.comWestern Midstream: Untapped PotentialFebruary 14, 2023 | finance.yahoo.comCSV Midstream Solutions Corp. Completes Acquisition of KANATA Energy GroupJanuary 24, 2023 | seekingalpha.comWestern Midstream Partners: Eyes Are On Their Distributions Next MonthJanuary 20, 2023 | msn.comWestern Midstream Partners declares $0.50 dividendJanuary 20, 2023 | finance.yahoo.comWestern Midstream Announces Fourth-Quarter 2022 Distribution and Earnings Conference CallDecember 8, 2022 | barrons.comPremarket Movers: Ciena, HashiCorp Cl A, Western Midstream PtrsNovember 12, 2022 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Western Midstream Partners (WES)November 10, 2022 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Utilities Companies: Dominion Energy (D) and Western Midstream Partners (WES)November 8, 2022 | finance.yahoo.comWestern Midstream Announces Third-Quarter Post-Earnings Interview With Management and Participation in RBC, Wells Fargo, and UBS ConferencesNovember 4, 2022 | seekingalpha.comWestern Midstream: Growth Moderating, Bonds Looking CompetitiveNovember 2, 2022 | seekingalpha.comWestern Midstream sells Cactus II pipeline to Enbridge, Plains in $265M dealNovember 2, 2022 | finance.yahoo.comWestern Midstream Announces Third-Quarter 2022 ResultsOctober 25, 2022 | nasdaq.comWestern Midstream Partners Named Top Dividend Stock With Insider Buying and 7.11% Yield (WES)October 21, 2022 | finance.yahoo.comWestern Midstream Announces Third-Quarter 2022 Distribution and Earnings Conference CallSeptember 23, 2022 | nasdaq.comWestern Midstream Partners Breaks Below 200-Day Moving Average - Notable for WESSeptember 12, 2022 | finance.yahoo.comWestern Midstream Announces Availability of 2021 Schedule K-3September 10, 2022 | seekingalpha.comWestern Midstream Partners: A 12% Distribution Yield Could Be Coming SoonSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Midstream Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address WES Company Calendar Ex-Dividend for 2/13 Dividend1/31/2023Dividend Payable2/13/2023Last Earnings2/22/2023Today3/21/2023Next Earnings (Estimated)5/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:WES CUSIPN/A CIK1414475 Webwww.westernmidstream.com Phone(346) 786-5000Fax832-636-6001Employees1,217Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.00 High Stock Price Forecast$37.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+34.4%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.00 Trailing P/E Ratio8.43 Forward P/E Ratio8.75 P/E GrowthN/ANet Income$1.22 billion Net Margins37.22% Pretax Margin38.62% Return on Equity38.15% Return on Assets10.62% Debt Debt-to-Equity Ratio2.11 Current Ratio1.00 Quick Ratio1.00 Sales & Book Value Annual Sales$3.25 billion Price / Sales2.99 Cash Flow$4.69 per share Price / Cash Flow5.39 Book Value$8.07 per share Price / Book3.14Miscellaneous Outstanding Shares384,890,000Free Float384,738,000Market Cap$9.74 billion OptionableOptionable Beta2.79 Key ExecutivesMichael P. UrePresident, Chief Executive Officer & DirectorKristen S. ShultsChief Financial Officer & Senior Vice PresidentMike A. DeHerreraVP-Technical Services & Operations EngineeringCatherine A. GreenChief Accounting Officer & Senior Vice PresidentRobert W. BourneChief Commercial Officer & Senior Vice PresidentKey CompetitorsDCP MidstreamNYSE:DCPEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 16,795 shares on 3/6/2023Ownership: 0.003%NatixisBought 205,000 shares on 2/24/2023Ownership: 0.106%B. Riley Wealth Advisors Inc.Bought 7,800 shares on 2/21/2023Ownership: 0.011%Truist Financial CorpSold 516 shares on 2/17/2023Ownership: 0.006%State of WyomingBought 769 shares on 2/16/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions WES Stock - Frequently Asked Questions Should I buy or sell Western Midstream Partners stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WES shares. View WES analyst ratings or view top-rated stocks. What is Western Midstream Partners' stock price forecast for 2023? 6 Wall Street analysts have issued 1-year target prices for Western Midstream Partners' stock. Their WES share price forecasts range from $32.00 to $37.00. On average, they predict the company's stock price to reach $34.00 in the next year. This suggests a possible upside of 34.4% 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 on January 1st, 2023. Since then, WES stock has decreased by 5.8% and is now trading at $25.30. View the best growth stocks for 2023 here. Are investors shorting Western Midstream Partners? Western Midstream Partners saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,920,000 shares, an increase of 20.0% from the February 13th total of 4,100,000 shares. Based on an average trading volume of 983,900 shares, the short-interest ratio is currently 5.0 days. Approximately 2.6% of the company's stock are sold short. View Western Midstream Partners' Short Interest. When is Western Midstream Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023. View our WES earnings forecast. How were Western Midstream Partners' earnings last quarter? Western Midstream Partners, LP (NYSE:WES) released its quarterly earnings results on Wednesday, February, 22nd. The pipeline company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.13. The pipeline company had revenue of $779.40 million for the quarter, compared to analyst estimates of $800.50 million. Western Midstream Partners had a net margin of 37.22% and a trailing twelve-month return on equity of 38.15%. The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 EPS. 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, January 20th. Stockholders of record on Wednesday, February 1st will be paid a dividend of $0.50 per share on Monday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date of this dividend is Tuesday, January 31st. Read our dividend analysis for WES. What ETFs hold Western Midstream Partners' stock? ETFs with the largest weight of Western Midstream Partners (NYSE:WES) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), First Trust Natural Gas ETF (FCG), Global X MLP ETF (MLPA), USCF Midstream Energy Income Fund (UMI), VanEck Energy Income ETF (EINC), Global X MLP & Energy Infrastructure ETF (MLPX) and Alerian Energy Infrastructure ETF (ENFR). Is Western Midstream Partners a good dividend stock? Western Midstream Partners (NYSE:WES) pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.90%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WES will have a dividend payout ratio of 60.61% 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." Who are Western Midstream Partners' major shareholders? Western Midstream Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (6.61%), Tortoise Capital Advisors L.L.C. (3.28%), Neuberger Berman Group LLC (2.33%), Chickasaw Capital Management LLC (1.98%), Clearbridge Investments LLC (1.28%) and JPMorgan Chase & Co. (1.19%). Insiders that own company stock include Petroleum Corp /De/ Occidental and Robert W Bourne. View institutional ownership trends. 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 $25.30. How much money does Western Midstream Partners make? Western Midstream Partners (NYSE:WES) has a market capitalization of $9.74 billion and generates $3.25 billion in revenue each year. The pipeline company earns $1.22 billion in net income (profit) each year or $3.00 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 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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