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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage

Western Midstream Partners - WES Stock Forecast, Price & News

$23.45
+0.10 (+0.43%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.37
$24.43
50-Day Range
$23.35
$28.64
52-Week Range
$18.95
$29.50
Volume
1.35 million shs
Average Volume
1.20 million shs
Market Capitalization
$9.06 billion
P/E Ratio
8.75
Dividend Yield
8.57%
Price Target
$31.00

Western Midstream Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
32.2% Upside
$31.00 Price Target
Short Interest
Healthy
3.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Western Midstream Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$252.50 M Sold Last Quarter
Proj. Earnings Growth
9.97%
From $3.11 to $3.42 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Oils/Energy Sector

80th out of 257 stocks

Natural Gas Transmission Industry

6th out of 19 stocks

WES stock logo

About Western Midstream Partners (NYSE:WES) Stock

Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

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WES Stock News Headlines

Western Midstream Partners LP - Stock News
Analyst Ratings for Western Midstream
4 Top-Rated Energy Stocks With Huge Momentum
WES Western Midstream Partners, LP
7 Analysts Have This to Say About Western Midstream
Western Midstream: New Deals Speed Up Growth
See More Headlines
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WES Company Calendar

Last Earnings
11/09/2021
Ex-Dividend for 8/12 Dividend
7/29/2022
Dividend Payable
8/12/2022
Today
9/27/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
1,127
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$31.00
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
6 Analysts

Profitability

Net Income
$916.29 million
Pretax Margin
36.51%

Debt

Sales & Book Value

Annual Sales
$2.88 billion
Cash Flow
$3.54 per share
Book Value
$7.49 per share

Miscellaneous

Free Float
386,295,000
Market Cap
$9.06 billion
Optionable
Optionable
Beta
3.02

Key Executives

  • Mr. Michael P. Ure (Age 45)
    Pres, CEO & Director - Western Midstream Holdings LLC
    Comp: $1.3M
  • Mr. Craig W. Collins (Age 49)
    Sr. VP & CO-COO of Western Midstream Holdings, LLC
    Comp: $873.92k
  • Mr. Charles G. Griffie (Age 48)
    Sr. VP of Operations & Engineering - Western Midstream Holdings LLC
    Comp: $767.13k
  • Mr. Robert W. BourneMr. Robert W. Bourne (Age 66)
    Sr. VP & Chief Commercial Officer of Western Midstream Holdings, LLC
    Comp: $772.92k
  • Ms. Kristen S. Shults
    SVP, CFO, Head of IR and Sr. VP of Fin. & Communications - Western Midstream Holdings LLC
  • Mr. Daniel P. Holderman
    Sr. VP & Co-COO of Western Midstream Holdings, Llc
  • Ms. Catherine A. Green (Age 48)
    Sr. VP & Chief Accounting Officer of Western Midstream Holdings, LLC
  • Mr. Christopher B. Dial (Age 45)
    Sr. VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC
  • Mr. Jonathan A. Greenberg
    VP of Corp. Devel. - Western Midstream Holdings LLC
  • Ms. Crystal J. Sled
    Sr. VP of Human Capital Mgmt., Diversity, Equity, & Inclusion - Western Midstream Holdings LLC













WES Stock - Frequently Asked Questions

Should I buy or sell Western Midstream Partners stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 1 hold rating and 6 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 2022?

7 brokers have issued 12 month target prices for Western Midstream Partners' stock. Their WES share price forecasts range from $28.00 to $35.00. On average, they predict the company's stock price to reach $31.00 in the next year. This suggests a possible upside of 32.1% 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 2022?

Western Midstream Partners' stock was trading at $22.27 at the beginning of the year. Since then, WES stock has increased by 5.3% and is now trading at $23.46.
View the best growth stocks for 2022 here
.

Are investors shorting Western Midstream Partners?

Western Midstream Partners saw a increase in short interest in August. As of August 15th, there was short interest totaling 7,890,000 shares, an increase of 19.2% from the July 31st total of 6,620,000 shares. Based on an average daily volume of 1,130,000 shares, the days-to-cover ratio is presently 7.0 days. Approximately 3.9% of the shares of the company are short sold.
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, November 8th 2022.
View our WES earnings forecast
.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners, LP (NYSE:WES) announced its quarterly earnings data on Tuesday, November, 9th. The pipeline company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.63 by $0.02. The pipeline company earned $763.84 million during the quarter. Western Midstream Partners had a net margin of 35.52% and a trailing twelve-month return on equity of 34.70%. During the same quarter last year, the business earned $0.55 earnings per share.

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 Thursday, July 21st. Shareholders of record on Monday, August 1st will be given a dividend of $0.50 per share on Friday, August 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date of this dividend is Friday, July 29th.
Read our dividend analysis for WES
.

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 8.36%. 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 74.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WES will have a dividend payout ratio of 58.48% 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 many different institutional and retail investors. Top institutional investors include Alps Advisors Inc. (6.26%), Tortoise Capital Advisors L.L.C. (3.71%), Chickasaw Capital Management LLC (2.27%), Goldman Sachs Group Inc. (2.16%), JPMorgan Chase & Co. (1.47%) and Clearbridge Investments LLC (1.25%). Insiders that own company stock include James R Crane, Michael Ure, 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 $23.46.

How much money does Western Midstream Partners make?

Western Midstream Partners (NYSE:WES) has a market capitalization of $9.07 billion and generates $2.88 billion in revenue each year. The pipeline company earns $916.29 million in net income (profit) each year or $2.68 on an earnings per share basis.

How many employees does Western Midstream Partners have?

The company employs 1,127 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 9/28/2022 by MarketBeat.com Staff

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