NYSE:WESWestern Midstream Partners Stock Price, Forecast & News

Western Midstream Partners' stock was trading at $6.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WES stock has increased by 42.4% and is now trading at $9.54. View which stocks have been most impacted by Coronavirus.

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.

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.

Western Midstream Partners LP (NYSE:WES) issued its earnings results on Tuesday, May, 5th. The pipeline company reported ($0.58) earnings per share 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 analysts' expectations of $709.78 million. Western Midstream Partners had a return on equity of 28.50% and a net margin of 11.48%. The business's quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.30 EPS. View Western Midstream Partners' earnings history.

Western Midstream Partners announced a quarterly dividend on Monday, April 20th. Investors of record on Friday, May 1st will be paid a dividend of $0.311 per share on Thursday, May 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 13.04%. The ex-dividend date is Thursday, April 30th. View Western Midstream Partners' dividend history.

14 analysts have issued 12 month price objectives for Western Midstream Partners' shares. 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 year. This suggests a possible upside of 97.9% from the stock's current price. View analysts' price targets for Western Midstream Partners.

News articles about WES stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Western Midstream Partners earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Western Midstream Partners.

Western Midstream Partners saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,020,000 shares, a drop of 5.0% from the June 15th total of 10,550,000 shares. Based on an average daily trading volume, of 4,450,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 5.3% of the company's stock are short sold. View Western Midstream Partners' Current Options Chain.

Some companies that are related to Western Midstream Partners include EQM Midstream Partners (EQM), Targa Resources (TRGP), Antero Midstream (AM), DCP Midstream (DCP), 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.

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).

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

Western Midstream Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Diversified Trust Co (0.00%). 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.

WES stock was acquired by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, and Diversified Trust Co. 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.

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 $9.54.

Western Midstream Partners has a market capitalization of $4.24 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.

The official website for Western Midstream Partners is 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]