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NYSE:WES

Western Midstream Partners Stock Forecast, Price & News

$19.61
-0.36 (-1.80 %)
(As of 03/8/2021 01:43 PM ET)
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Compare
Today's Range
$19.50
Now: $19.61▼
$20.38
50-Day Range
$14.13
MA: $16.23▼
$19.79
52-Week Range
$2.90
Now: $19.61▼
$20.90
Volume20,400 shs
Average Volume1.78 million shs
Market Capitalization$8.10 billion
P/E Ratio21.32
Dividend Yield6.21%
Beta3.77
Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids (NGLs), and crude oil primarily in the United States. It is also involved in gathering and disposing of produced water; and buying and selling of natural gas, NGLs, and condensate. 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. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP is a subsidiary of Anadarko Petroleum Corporation.
Western Midstream Partners logo

Headlines

Western Midstream: Balance Sheet Focus Pays Off
February 27, 2021 |  seekingalpha.com
Western Midstream Partners LP (WES) CEO Michael Ure on Q4 2020 Results - Earnings Call Transcript
February 26, 2021 |  seekingalpha.com
Western Midstream Announces Filing Of Annual Report On Form 10-K
February 26, 2021 |  finance.yahoo.com
Western Midstream Partners Q4 2020 Earnings Preview
February 24, 2021 |  seekingalpha.com
Western Midstream Announces Fourth-Quarter And Full-Year 2020 Results
February 23, 2021 |  finance.yahoo.com
WES Jan 2021 15.000 put
January 17, 2021 |  au.finance.yahoo.com
Why Is It Moving? Looking At Western Midstream's Price Action Today
January 12, 2021 |  msn.com
Western Midstream Partners Reaches Analyst Target Price
January 7, 2021 |  nasdaq.com
Western Midstream Partners: Undervalued And Growing Top And Bottom Lines
December 15, 2020 |  seekingalpha.com
Is WES A Good Stock To Buy Now?
December 9, 2020 |  finance.yahoo.com
Western Midstream To Participate In Wells Fargo Midstream And Utilities Symposium And Capital One Securities Energy Conference
December 4, 2020 |  finance.yahoo.com
Western Midstream Releases Inaugural ESG Report
November 19, 2020 |  finance.yahoo.com
Western Midstream to Participate in RBC Midstream and Energy Infrastructure Conference
November 12, 2020 |  finance.yahoo.com
Western Midstream's Q3 net income jumps two-fold; issues 2021 outlook
November 10, 2020 |  seekingalpha.com
Why Units of Western Midstream Are Soaring Today
November 10, 2020 |  nasdaq.com
Western Midstream Partners Breaks Above 200-Day Moving Average - Bullish for WES
November 9, 2020 |  nasdaq.com
Western Midstream Announces Third-Quarter 2020 Results
November 9, 2020 |  finance.yahoo.com
Western Midstream Partners Q3 2020 Earnings Preview
November 8, 2020 |  seekingalpha.com
Western Midstream Partners: Distribution At Risk Of Another Reduction At Sustained Mid-$30s Oil
November 2, 2020 |  seekingalpha.com
Top Ranked Value Stocks to Buy for October 30th
October 30, 2020 |  finance.yahoo.com
See More Headlines

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
Phone832-636-1009
EmployeesN/A
Year FoundedN/A

Debt

Debt-to-Equity Ratio2.57
Current Ratio0.63
Quick Ratio0.63

Price-To-Earnings

Trailing P/E Ratio21.32
Forward P/E Ratio8.49
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.75 billion
Price / Sales2.95
Cash Flow$6.11 per share
Price / Cash Flow3.21
Book Value$7.38 per share
Price / Book2.66

Profitability

EPS (Most Recent Fiscal Year)$1.59
Net Income$697.24 million
Net Margins14.99%
Return on Equity32.94%
Return on Assets8.45%

Miscellaneous

Outstanding Shares413,059,000
Market Cap$8.10 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank™

Overall MarketRank™

1.75 out of 5 stars

Oils/Energy Sector

69th out of 668 stocks

Natural Gas Transmission Industry

8th out of 36 stocks

Analyst Opinion: 2.3Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$19.61
-0.36 (-1.80 %)
(As of 03/8/2021 01:43 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Western Midstream Partners (NYSE:WES) Frequently Asked Questions

Is Western Midstream Partners a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Western Midstream Partners stock.
View analyst ratings for Western Midstream Partners or view top-rated stocks.

What stocks does MarketBeat like better than Western Midstream Partners?

Wall Street analysts have given Western Midstream Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Midstream Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Western Midstream Partners' next earnings date?

Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Western Midstream Partners.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners, LP (NYSE:WES) issued its quarterly earnings results on Tuesday, February, 23rd. The pipeline company reported $0.62 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.59 by $0.03. The pipeline company had revenue of $647.50 million for the quarter, compared to the consensus estimate of $655.07 million. Western Midstream Partners had a net margin of 14.99% and a trailing twelve-month return on equity of 32.94%. Western Midstream Partners's quarterly revenue was down 10.5% on a year-over-year basis. During the same period last year, the company posted $0.62 earnings per share.
View Western Midstream Partners' earnings history.

How has Western Midstream Partners' stock been impacted by 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. Since then, WES shares have increased by 193.1% and is now trading at $19.64.
View which stocks have been most impacted by COVID-19.

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 Tuesday, January 19th. Investors of record on Monday, February 1st will be given a dividend of $0.311 per share on Friday, February 12th. This represents a $1.24 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date is Friday, January 29th.
View Western Midstream Partners' dividend history.

Is Western Midstream Partners a good dividend stock?

Western Midstream Partners pays an annual dividend of $1.24 per share and currently has a dividend yield of 6.21%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Western Midstream Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Western Midstream Partners is 77.99%. 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 65.26% 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?

12 equities research analysts have issued 1 year price objectives for Western Midstream Partners' stock. Their forecasts range from $12.00 to $22.00. On average, they anticipate Western Midstream Partners' stock price to reach $16.90 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
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, Acting CFO & Director of Western Midstream Holdings LLC (Age 43, Pay $577.57k)
  • Mr. Craig W. Collins, Sr. VP & COO (Age 48, Pay $542.2k)
  • Mr. Charles G. Griffie, Sr. VP of Operations & Engineering (Age 47, Pay $439.28k)
  • Mr. Robert W. Bourne, Sr. VP & Chief Commercial Officer (Age 65, Pay $826.14k)
  • Ms. Catherine A. Green, VP & Chief Accounting Officer (Age 47)
  • Mr. Neeraj Vijay, VP & Chief Information Officer of Western Midstream Holdings, LLC
  • Ms. Kristen Shults, VP of Investor Relations & Communications
  • Mr. Christopher B. Dial, Sr. VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC (Age 43)
  • Ms. Crystal J. Sled, VP of HR at Western Midstream Holdings LLC
  • Mr. Scott M. Peterson, VP & Treasurer of Western Midstream Holdings, LLC

Who are some of Western Midstream Partners' key competitors?

Some companies that are related to Western Midstream Partners include The Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Equitrans Midstream (ETRN), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), TC PipeLines (TCP), Rattler Midstream (RTLR), Archrock (AROC), USA Compression Partners (USAC), Altus Midstream (ALTM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).
View all of WES's 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 (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 number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.52%), Kayne Anderson Capital Advisors LP (1.13%), Chickasaw Capital Management LLC (0.95%), Morgan Stanley (0.90%), Clearbridge Investments LLC (0.83%) and Brookfield Asset Management Inc. (0.60%). 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 institutional investors are selling Western Midstream Partners stock?

WES stock was sold by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Morgan Stanley, First Trust Advisors LP, Chickasaw Capital Management LLC, Kayne Anderson Capital Advisors LP, Barclays PLC, Infrastructure Capital Advisors LLC, and NBW Capital LLC.
View insider buying and selling activity for Western Midstream Partners or view top insider-selling stocks.

Which institutional 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., Eagle Global Advisors LLC, Citigroup Inc., Miller Howard Investments Inc. NY, Jennison Associates LLC, Wells Fargo & Company MN, Northern Trust Corp, and Virtus ETF Advisers 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 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 $19.64.

How much money does Western Midstream Partners make?

Western Midstream Partners has a market capitalization of $8.11 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.

Where are Western Midstream Partners' headquarters?

Western Midstream Partners is headquartered at 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX, 77380.

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 832-636-1009 or via email at [email protected]


This page was last updated on 3/8/2021 by MarketBeat.com Staff
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