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NYSE:WESWestern Midstream Partners Stock Price, Forecast & News

-0.26 (-2.81 %)
(As of 07/31/2020 04:00 PM ET)
Today's Range
Now: $9.00
50-Day Range
MA: $10.20
52-Week Range
Now: $9.00
Volume1.11 million shs
Average Volume1.14 million shs
Market Capitalization$4.00 billion
P/E Ratio13.04
Dividend Yield13.82%
Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. It is also involved in the gathering and disposing of produced water; and buying and selling of natural gas. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.7Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.44 out of 5 stars

Industry, Sector and Symbol

Industry Natural gas transmission



Sales & Book Value

Annual Sales$2.75 billion
Cash Flow$2.62 per share
Book Value$7.38 per share


Net Income$697.24 million


Market Cap$4.00 billion
Next Earnings Date8/10/2020 (Confirmed)
-0.26 (-2.81 %)
(As of 07/31/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Western Midstream Partners (NYSE:WES) Frequently Asked Questions

How has Western Midstream Partners' stock been impacted by COVID-19 (Coronavirus)?

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 shares have increased by 34.3% and is now trading at $9.00.
View which stocks have been most impacted by Coronavirus

Do Wall Street analysts recommend investors buy shares of Western Midstream Partners?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Western Midstream Partners

When is Western Midstream Partners' next earnings date?

Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020.
View our earnings forecast for Western Midstream Partners

How can I listen to Western Midstream Partners' earnings call?

Western Midstream Partners will be holding an earnings conference call on Monday, August 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners LP (NYSE:WES) posted its quarterly earnings data 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 net margin of 11.48% and a return on equity of 28.50%. The business's revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 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 Thursday, July 16th. Shareholders of record on Friday, July 31st will be given a dividend of $0.311 per share on Thursday, August 13th. This represents a $1.24 dividend on an annualized basis and a yield of 13.82%. The ex-dividend date of this dividend is Thursday, July 30th.
View Western Midstream Partners' dividend history

What price target have analysts set for WES?

13 analysts have issued 1-year price objectives for Western Midstream Partners' stock. Their forecasts range from $7.00 to $31.00. On average, they anticipate Western Midstream Partners' share price to reach $17.59 in the next twelve months. This suggests a possible upside of 95.5% from the stock's current price.
View analysts' price targets for Western Midstream Partners

Has Western Midstream Partners been receiving favorable news coverage?

News headlines about WES stock have been trending negative on Monday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -2.2 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Western Midstream Partners

Are investors shorting Western Midstream Partners?

Western Midstream Partners saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 8,330,000 shares, a decline of 15.7% from the June 30th total of 9,880,000 shares. Based on an average trading volume of 2,920,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.4% of the company's shares are sold short.
View Western Midstream Partners' Current Options Chain

Who are some of Western Midstream Partners' key 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 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).

Who are Western Midstream Partners' key executives?

Western Midstream Partners' management team includes the following people:
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer of Western Gas Equity Holding, LLC (Age 49)
  • Mr. Michael P. Ure, Pres, CEO & Director
  • Mr. Craig W. Collins, Sr. VP & COO (Age 46)
  • Mr. Jonathon E. VandenBrand, Director of Investor Relations
  • John D. Montanti, VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC

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 UBS Group AG (1.24%), Chickasaw Capital Management LLC (1.10%), First Trust Advisors LP (0.21%), Miller Howard Investments Inc. NY (0.19%), Adams Asset Advisors LLC (0.07%) and Raymond James Financial Services Advisors Inc. (0.06%). 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 major investors are selling Western Midstream Partners stock?

WES stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Creative Planning, Texas Yale Capital Corp., M&T Bank Corp, MAI Capital Management, Mosaic Family Wealth LLC, and Baldwin Brothers Inc. MA.
View insider buying and selling activity for Western Midstream Partners

Which major investors are buying Western Midstream Partners stock?

WES stock was acquired by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, First Trust Advisors LP, UBS Group AG, Sumitomo Mitsui Trust Holdings Inc., Adams Asset Advisors LLC, Raymond James Financial Services Advisors Inc., Vident Investment Advisory LLC, and Vident Investment Advisory 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

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Western Midstream Partners' stock price today?

One share of WES stock can currently be purchased for approximately $9.00.

How big of a company is Western Midstream Partners?

Western Midstream Partners has a market capitalization of $4.00 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.

How can I contact Western Midstream Partners?

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]

This page was last updated on 8/3/2020 by MarketBeat.com Staff

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