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Western Midstream Partners Stock Forecast, Price & News

-0.08 (-1.03 %)
(As of 09/21/2020 12:00 AM ET)
Today's Range
Now: $7.69
50-Day Range
MA: $8.92
52-Week Range
Now: $7.69
Volume1.22 million shs
Average Volume3.06 million shs
Market Capitalization$3.41 billion
P/E Ratio8.36
Dividend Yield15.96%
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: 4.1Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.10 out of 5 stars

Industry, Sector and Symbol

Industry Natural gas transmission



Sales & Book Value

Annual Sales$2.75 billion
Cash Flow$2.70 per share
Book Value$7.38 per share


Net Income$697.24 million


Market Cap$3.41 billion
Next Earnings Date11/2/2020 (Estimated)
-0.08 (-1.03 %)
(As of 09/21/2020 12:00 AM 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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WES shares have increased by 14.8% and is now trading at $7.69.
View which stocks have been most impacted by COVID-19

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 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, November 2nd 2020.
View our earnings forecast for Western Midstream Partners

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners LP (NYSE:WES) issued its earnings results on Monday, August, 10th. The pipeline company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.10. The pipeline company had revenue of $671.80 million for the quarter, compared to analyst estimates of $669.91 million. Western Midstream Partners had a net margin of 14.99% and a return on equity of 32.94%. The company's quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 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 declared 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 16.18%. The ex-dividend date is Thursday, July 30th.
View Western Midstream Partners' dividend history

What price target have analysts set for WES?

10 brokers have issued 12 month target prices for Western Midstream Partners' stock. Their forecasts range from $7.00 to $26.00. On average, they expect Western Midstream Partners' stock price to reach $13.56 in the next year. This suggests a possible upside of 76.3% from the stock's current price.
View analysts' price targets for Western Midstream Partners

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), Exxon Mobil (XOM), NGL Energy Partners (NGL), NVIDIA (NVDA), Pfizer (PFE), Ford Motor (F), Johnson & Johnson (JNJ) and AbbVie (ABBV).

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 number of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (5.53%), Neuberger Berman Group LLC (3.44%), Brookfield Asset Management Inc. (1.26%), UBS Group AG (1.24%), Kayne Anderson Capital Advisors LP (1.14%) and Chickasaw Capital Management LLC (1.10%). 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 Goldman Sachs Group Inc., CIBC Private Wealth Group LLC, Neuberger Berman Group LLC, Barclays PLC, Alps Advisors Inc., Kayne Anderson Capital Advisors LP, Chickasaw Capital Management LLC, and Dividend Assets Capital LLC.
View insider buying and selling activity for Western Midstream Partners

Which major investors are buying Western Midstream Partners stock?

WES stock was bought by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Bank of America Corp DE, Miller Howard Investments Inc. NY, First Trust Advisors LP, Lonestar Capital Management LLC, Blackstone Group Inc, UBS Group AG, 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

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 $7.69.

How big of a company is Western Midstream Partners?

Western Midstream Partners has a market capitalization of $3.41 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 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 9/22/2020 by MarketBeat.com Staff

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