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

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

Western Midstream Partners announced a quarterly dividend on Thursday, October 17th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.62 per share on Wednesday, November 13th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 12.03%. The ex-dividend date is Thursday, October 31st. This is a boost from Western Midstream Partners's previous quarterly dividend of $0.62. View Western Midstream Partners' Dividend History.

Western Midstream Partners LP (NYSE:WES) posted its earnings results on Monday, November, 4th. The pipeline company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.20. The pipeline company had revenue of $666.03 million for the quarter, compared to analyst estimates of $688.91 million. Western Midstream Partners had a return on equity of 15.32% and a net margin of 18.35%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share. View Western Midstream Partners' Earnings History.

Western Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Western Midstream Partners.

13 brokerages have issued 1 year target prices for Western Midstream Partners' stock. Their forecasts range from $23.00 to $55.00. On average, they expect Western Midstream Partners' stock price to reach $31.09 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price. View Analyst Price Targets for Western Midstream Partners.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Midstream Partners.

News articles about WES stock have trended extremely negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Midstream Partners earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Western Midstream Partners.

Western Midstream Partners saw a decline in short interest in December. As of December 31st, there was short interest totalling 6,420,000 shares, a decline of 10.8% from the December 15th total of 7,200,000 shares. Based on an average daily volume of 1,580,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 3.2% of the company's shares are sold short. View Western Midstream Partners' Current Options Chain.

Some companies that are related to Western Midstream Partners include Energy Transfer LP Unit (ET), Williams Companies (WMB), Targa Resources (TRGP), EQM Midstream Partners (EQM), Tallgrass Energy (TGE), Enable Midstream Partners (ENBL), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), CNX Midstream Partners (CNXM) and Transportadora de Gas del Sur (TGS).

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), Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), Broadcom (AVGO), NGL Energy Partners (NGL), WP Carey (WPC), Starbucks (SBUX), Skyworks Solutions (SWKS) and Alibaba Group (BABA).

Western Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (1.24%), Spirit of America Management Corp NY (0.07%), Wiley BROS. Aintree Capital LLC (0.01%), Cerebellum GP LLC (0.01%), Diversified Trust Co (0.00%) and Mitchell Mcleod Pugh & Williams Inc. (0.00%). Company insiders that own Western Midstream Partners stock include David J Tudor and James R Crane. View Institutional Ownership Trends for Western Midstream Partners.

WES stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Diversified Trust Co and Mitchell Mcleod Pugh & Williams Inc.. View Insider Buying and Selling for Western Midstream Partners.

WES stock was bought by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC, Cerebellum GP LLC and Chickasaw Capital Management LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of WES stock can currently be purchased for approximately $20.62.

Western Midstream Partners has a market capitalization of $9.34 billion and generates $1.99 billion in revenue each year. The pipeline company earns $369.43 million in net income (profit) each year or $2.51 on an earnings per share basis. View Additional Information About Western Midstream Partners.

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

Western Midstream Partners' mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77380. The pipeline company can be reached via phone at 832-636-6000 or via email at [email protected]