Western Midstream Partners Stock Price, News & Analysis (NYSE:WES)

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, July 18th. Investors of record on Wednesday, July 31st will be paid a dividend of $0.618 per share on Tuesday, August 13th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date is Tuesday, July 30th. This is a positive change from Western Midstream Partners's previous quarterly dividend of $0.61. View Western Midstream Partners' Dividend History.

Western Midstream Partners LP (NYSE:WES) issued its earnings results on Tuesday, July, 30th. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.27. The pipeline company earned $685.10 million during the quarter, compared to the consensus estimate of $709.39 million. Western Midstream Partners had a net margin of 18.98% and a return on equity of 14.63%. The business's revenue was up 32.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.32) earnings per share. View Western Midstream Partners' Earnings History.

Western Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Western Midstream Partners.

14 analysts have issued twelve-month price targets for Western Midstream Partners' stock. Their predictions range from $26.00 to $55.00. On average, they expect Western Midstream Partners' share price to reach $33.17 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price. View Analyst Price Targets for 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 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Midstream Partners.

Headlines about WES stock have trended negative on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Midstream Partners earned a news impact score of -2.6 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Western Midstream Partners.

Western Midstream Partners saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 7,590,000 shares, an increase of 21.6% from the August 30th total of 6,240,000 shares. Based on an average daily volume of 1,470,000 shares, the days-to-cover ratio is presently 5.2 days. Approximately 3.8% 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 National Grid (NGG), 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), EnLink Midstream (ENLC), DCP Midstream (DCP), TC Pipelines (TCP), Rattler Midstream (RTLR), USA Compression Partners (USAC), Transportadora de Gas del Sur (TGS) and Archrock (AROC).

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), Broadcom (AVGO), Magellan Midstream Partners (MMP), Starbucks (SBUX), Alibaba Group (BABA), Macquarie Infrastructure (MIC), NGL Energy Partners (NGL) and Simon Property Group (SPG).

Western Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (1.24%), Diversified Trust Co (0.01%), Walnut Private Equity Partners LLC (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Bogart Wealth LLC (0.00%) and Lenox Wealth Advisors LLC (0.00%). View Institutional Ownership Trends for Western Midstream Partners.

WES stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Walnut Private Equity Partners LLC, Diversified Trust Co and Nelson Van Denburg & Campbell Wealth Management Group LLC. View Insider Buying and Selling for Western Midstream Partners.

WES stock was bought by a variety of institutional investors in the last quarter, including Bogart Wealth LLC and Lenox Wealth Advisors 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 $23.61.

Western Midstream Partners has a market capitalization of $10.70 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]