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S&P 500   4,158.24
DOW   33,212.96
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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10

Western Midstream Partners (WES) Stock Forecast, Price & News

$27.77
+0.63 (+2.32%)
(As of 05/27/2022 12:00 AM ET)
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Today's Range
$27.06
$28.16
50-Day Range
$24.18
$27.77
52-Week Range
$17.97
$28.16
Volume
1.74 million shs
Average Volume
1.31 million shs
Market Capitalization
$11.20 billion
P/E Ratio
11.15
Dividend Yield
7.37%
Beta
3.29
30 days | 90 days | 365 days | Advanced Chart
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Western Midstream Partners logo

About Western Midstream Partners

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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$2.88 billion
Cash Flow
$3.91 per share
Book Value
$8.11 per share

Profitability

Net Income
$916.29 million
Pretax Margin
35.85%

Debt

Price-To-Earnings

Miscellaneous

Free Float
403,173,000
Market Cap
$11.20 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 5/13 Dividend
4/29/2022
Last Earnings
5/10/2022
Dividend Payable
5/13/2022
Today
5/29/2022
Next Earnings (Estimated)
8/08/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.27 out of 5 stars

Oils/Energy Sector

92nd out of 387 stocks

Natural Gas Transmission Industry

6th out of 31 stocks

Analyst Opinion: 1.5Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -













Western Midstream Partners (NYSE:WES) Frequently Asked Questions

Is Western Midstream Partners a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 5 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.

Are investors shorting Western Midstream Partners?

Western Midstream Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,690,000 shares, an increase of 39.6% from the April 30th total of 5,510,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the short-interest ratio is currently 5.7 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?

Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for Western Midstream Partners
.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners, LP (NYSE:WES) posted its quarterly earnings data on Tuesday, May, 10th. The pipeline company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.14. The pipeline company earned $758.30 million during the quarter, compared to analysts' expectations of $701.95 million. Western Midstream Partners had a trailing twelve-month return on equity of 33.05% and a net margin of 34.94%. The company's revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 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 Friday, April 22nd. Stockholders of record on Monday, May 2nd will be paid a dividend of $0.50 per share on Friday, May 13th. This represents a $2.00 dividend on an annualized basis and a yield of 7.20%. The ex-dividend date is Friday, April 29th. This is a boost from Western Midstream Partners's previous quarterly dividend of $0.33.
View Western Midstream Partners' dividend history
.

Is Western Midstream Partners a good dividend stock?

Western Midstream Partners pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.37%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Western Midstream Partners 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 of Western Midstream Partners is 80.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Western Midstream Partners will have a dividend payout ratio of 63.09% next year. This indicates that Western Midstream Partners will be able to sustain or increase its dividend.
View Western Midstream Partners' dividend history.

What price target have analysts set for WES?

5 brokers have issued twelve-month target prices for Western Midstream Partners' stock. Their forecasts range from $25.00 to $32.00. On average, they anticipate Western Midstream Partners' share price to reach $28.83 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts' price targets for Western Midstream Partners
or view top-rated stocks among Wall Street analysts.

Who are Western Midstream Partners' key executives?
Western Midstream Partners' management team includes the following people:
  • Mr. Michael P. Ure, Pres, CEO & Director - Western Midstream Holdings LLC (Age 45, Pay $1.3M)
  • Mr. Craig W. Collins, Sr. VP & COO - Western Midstream Holdings LLC (Age 49, Pay $873.92k)
  • Mr. Charles G. Griffie, Sr. VP of Operations & Engineering - Western Midstream Holdings LLC (Age 48, Pay $767.13k)
  • Mr. Robert W. Bourne, Sr. VP & Chief Commercial Officer - Western Midstream Holdings LLC (Age 66, Pay $772.92k)
  • Ms. Kristen S. Shults, SVP, CFO, Head of IR and Sr. VP of Fin. & Communications - Western Midstream Holdings LLC
  • Ms. Catherine A. Green, Sr. VP & Chief Accounting Officer - Western Midstream Holdings LLC (Age 48)
  • Mr. Christopher B. Dial, Sr. VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC (Age 44)
  • 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
  • Mr. Alejandro O. Nebreda, Sr. VP of Bus. Services - Western Midstream Holdings LLC
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 variety of institutional and retail investors. Top institutional investors include Blackstone Inc. (4.02%), Invesco Ltd. (3.71%), Neuberger Berman Group LLC (2.36%), Chickasaw Capital Management LLC (2.32%), Goldman Sachs Group Inc. (1.94%) and JPMorgan Chase & Co. (1.39%).
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 Blackstone Inc., UBS Group AG, Neuberger Berman Group LLC, Arrowstreet Capital Limited Partnership, Invesco Ltd., Allianz Asset Management GmbH, Kayne Anderson Capital Advisors LP, and Americana Partners LLC.
View insider buying and selling activity for Western Midstream Partners
or view top insider-selling stocks.

Which major investors are buying Western Midstream Partners stock?

WES stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., RR Advisors LLC, Citigroup Inc., Clearbridge Investments LLC, Duff & Phelps Investment Management Co., Goldman Sachs Group Inc., BNP Paribas Arbitrage SA, and Eagle Global Advisors LLC.
View insider buying and selling activity for Western Midstream Partners
or or view top insider-buying stocks.

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 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 $27.77.

How much money does Western Midstream Partners make?

Western Midstream Partners has a market capitalization of $11.20 billion and generates $2.88 billion in revenue each year. The pipeline company earns $916.29 million in net income (profit) each year or $2.49 on an earnings per share basis.

How many employees does Western Midstream Partners have?

Western Midstream Partners employs 1,127 workers across the globe.

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 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX, 77380. The pipeline company can be reached via phone at (346) 786-5000, via email at [email protected], or via fax at 832-636-6001.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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