NYSE:WESWestern Midstream Partners Stock Price, Forecast & News Adding Choose a 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. Log In and Add $11.20 +1.50 (+15.46 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$10.10Now: $11.20▼$11.3850-Day Range$5.00MA: $7.72▼$9.4452-Week Range$2.90Now: $11.20▼$31.99Volume4.67 million shsAverage Volume2.77 million shsMarket Capitalization$4.97 billionP/E Ratio16.23Dividend Yield12.82%Beta3.95 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingWestern Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 4 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.88, Western Midstream Partners has a potential upside of 68.5% from its current price of $11.20.Amount of Analyst CoverageWestern Midstream Partners has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesWestern Midstream Partners has received 521 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestern Midstream Partners has received 427 “underperform” votes. (Add your “underperform” vote.)Community SentimentWestern Midstream Partners has received 54.96% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 12.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Midstream Partners has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Western Midstream Partners is 77.99 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Western Midstream Partners will have a dividend payout ratio of 76.54 % in the coming year. This indicates that Western Midstream Partners may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,054,409.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.01% of the stock of Western Midstream Partners is held by insiders.Percentage Held by Institutions36.99% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Western Midstream Partners are expected to decrease by -16.06% in the coming year, from $1.93 to $1.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 16.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 16.23, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.62.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.95 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:WES Previous Symbol CUSIPN/A CIK1414475 Webwww.westernmidstream.com Phone832-636-6000Debt Debt-to-Equity Ratio2.90 Current Ratio1.09 Quick Ratio1.09Price-To-Earnings Trailing P/E Ratio16.23 Forward P/E Ratio5.80 P/E GrowthN/A Sales & Book Value Annual Sales$2.75 billion Price / Sales1.81 Cash Flow$3.03 per share Price / Cash Flow3.70 Book Value$7.38 per share Price / Book1.52Profitability EPS (Most Recent Fiscal Year)$1.59 Net Income$697.24 million Net Margins11.48% Return on Equity28.50% Return on Assets7.63%Miscellaneous EmployeesN/A Outstanding Shares443,970,000Market Cap$4.97 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable WES Rates by TradingView Receive WES News and Ratings via Email Sign-up to receive the latest news and ratings for WES and its competitors with MarketBeat's FREE daily newsletter. Western Midstream Partners (NYSE:WES) Frequently Asked Questions How has Western Midstream Partners' stock been impacted by COVID-19 (Coronavirus)? Western Midstream Partners' stock was trading at $6.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WES shares have increased by 67.2% and is now trading at $11.20. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Western Midstream Partners? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 2 sell ratings, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Western Midstream Partners. When is Western Midstream Partners' next earnings date? Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Western Midstream Partners. How were Western Midstream Partners' earnings last quarter? Western Midstream Partners LP (NYSE:WES) released its quarterly earnings data on Tuesday, May, 5th. The pipeline company reported ($0.58) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $1.08. The pipeline company earned $774.30 million during the quarter, compared to the consensus estimate of $709.78 million. Western Midstream Partners had a return on equity of 28.50% and a net margin of 11.48%. Western Midstream Partners's quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.30 earnings per share. View Western Midstream Partners' earnings history. How often does Western Midstream Partners pay dividends? What is the dividend yield for Western Midstream Partners? Western Midstream Partners announced a quarterly dividend on Monday, April 20th. Shareholders of record on Friday, May 1st will be given a dividend of $0.311 per share on Thursday, May 14th. This represents a $1.24 annualized dividend and a dividend yield of 11.11%. The ex-dividend date is Thursday, April 30th. View Western Midstream Partners' dividend history. What price target have analysts set for WES? 14 analysts have issued 1 year target prices for Western Midstream Partners' stock. Their forecasts range from $6.00 to $37.00. On average, they anticipate Western Midstream Partners' share price to reach $18.88 in the next twelve months. This suggests a possible upside of 68.5% from the stock's current price. View analysts' price targets for Western Midstream Partners. Has Western Midstream Partners been receiving favorable news coverage? News stories about WES stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Western Midstream Partners earned a news sentiment score of 2.4 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutWestern Midstream Partners. Are investors shorting Western Midstream Partners? Western Midstream Partners saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 7,110,000 shares, a decline of 9.4% from the April 30th total of 7,850,000 shares. Based on an average daily trading volume, of 4,800,000 shares, the short-interest ratio is currently 1.5 days. Approximately 3.6% of the company's stock are sold short. View Western Midstream Partners' Current Options Chain. Who are some of Western Midstream Partners' key competitors? Some companies that are related to Western Midstream Partners include Targa Resources (TRGP), EQM Midstream Partners (EQM), DCP Midstream (DCP), Antero Midstream (AM), TC Pipelines (TCP), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR), EnLink Midstream (ENLC), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), CNX Midstream Partners (CNXM) and Summit Midstream Partners (SMLP). View all 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), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), NVIDIA (NVDA), Exxon Mobil (XOM), Magellan Midstream Partners (MMP), Williams Companies (WMB), DCP Midstream (DCP) and Johnson & Johnson (JNJ). Who are Western Midstream Partners' key executives? Western Midstream Partners' management team includes the following people: Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer of Western Gas Equity Holding, LLC (Age 49)Mr. Michael P. Ure, Pres, CEO & DirectorMr. Craig W. Collins, Sr. VP & COO (Age 46)Mr. Jonathon E. VandenBrand, Director of Investor RelationsJohn D. Montanti, VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC 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. (5.88%), Invesco Ltd. (3.89%), Morgan Stanley (2.63%), Morgan Stanley (2.63%), Tortoise Capital Advisors L.L.C. (2.26%) and Kayne Anderson Capital Advisors LP (1.37%). Company insiders that own Western Midstream Partners stock include David J Tudor, James R Crane and Michael Ure. View institutional ownership trends for Western Midstream Partners. Which major investors are selling Western Midstream Partners stock? WES stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Harvest Fund Advisors LLC, UBS Group AG, Clearbridge Investments LLC, Kayne Anderson Capital Advisors LP, RR Advisors LLC, Cohen & Steers Inc., and Northwestern Mutual Investment Management Company LLC. View insider buying and selling activity for Western Midstream Partners. Which major investors are buying Western Midstream Partners stock? WES stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Invesco Ltd., Citigroup Inc., Alps Advisors Inc., Zimmer Partners LP, Infrastructure Capital Advisors LLC, and Barings 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Western Midstream Partners' stock price today? One share of WES stock can currently be purchased for approximately $11.20. How big of a company is Western Midstream Partners? Western Midstream Partners has a market capitalization of $4.97 billion and generates $2.75 billion in revenue each year. The pipeline company earns $697.24 million in net income (profit) each year or $1.59 on an earnings per share basis. What is Western Midstream Partners' official website? The official website for Western Midstream Partners is www.westernmidstream.com. How can I contact Western Midstream Partners? 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] This page was last updated on 6/6/2020 by MarketBeat.com Staff
