Western Midstream Partners Stock Forecast, Price & News

$20.02
-0.66 (-3.19 %)
(As of 09/17/2021 04:00 PM ET)
Add
Compare
Today's Range
$19.97
$20.80
50-Day Range
$18.34
$21.26
52-Week Range
$6.99
$23.69
Volume1.95 million shs
Average Volume1.36 million shs
Market Capitalization$8.27 billion
P/E Ratio9.27
Dividend Yield6.19%
Beta3.93
30 days | 90 days | 365 days | Advanced Chart
Receive WES News and Ratings via Email

Sign-up to receive the latest news and ratings for Western Midstream Partners and its competitors with MarketBeat's FREE daily newsletter.


Western Midstream Partners logo

About Western Midstream Partners

Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.75 out of 5 stars

Oils/Energy Sector

29th out of 346 stocks

Natural Gas Transmission Industry

3rd out of 29 stocks

Analyst Opinion: 2.4Community Rank: 4.7Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Western Midstream Partners (NYSE:WES) Frequently Asked Questions

Is Western Midstream Partners a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Western Midstream Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Western Midstream Partners?

Western Midstream Partners saw a increase in short interest in August. As of August 13th, there was short interest totaling 5,100,000 shares, an increase of 26.6% from the July 29th total of 4,030,000 shares. Based on an average daily trading volume, of 949,400 shares, the short-interest ratio is presently 5.4 days. Currently, 2.5% of the shares of the stock are short sold.
View Western Midstream Partners' Short Interest
.

When is Western Midstream Partners' next earnings date?

Western Midstream Partners is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
View our earnings forecast for Western Midstream Partners
.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners, LP (NYSE:WES) released its quarterly earnings results on Monday, August, 9th. The pipeline company reported $0.55 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.03. The pipeline company earned $719.10 million during the quarter, compared to analyst estimates of $657.98 million. Western Midstream Partners had a trailing twelve-month return on equity of 31.96% and a net margin of 33.76%. The business's revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 EPS.
View Western Midstream Partners' earnings history
.

How has Western Midstream Partners' stock price 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 198.8% and is now trading at $20.02.
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 Wednesday, July 21st. Shareholders of record on Friday, July 30th will be given a dividend of $0.319 per share on Friday, August 13th. This represents a $1.28 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Thursday, July 29th.
View Western Midstream Partners' dividend history
.

Is Western Midstream Partners a good dividend stock?

Western Midstream Partners pays an annual dividend of $1.28 per share and currently has a dividend yield of 6.19%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Western Midstream Partners is 50.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Midstream Partners will have a dividend payout ratio of 49.23% 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 Wall Street analysts have issued 1 year price objectives for Western Midstream Partners' shares. Their forecasts range from $18.00 to $26.00. On average, they anticipate Western Midstream Partners' stock price to reach $22.89 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price.
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:
  • Michael P. Ure, President, CEO, CFO & Director
  • Craig W. Collins, Chief Operating Officer & Senior Vice President
  • Neeraj Vijay, Chief Information Officer & Vice President
  • Robert W. Bourne, Chief Commercial Officer & Senior Vice President
  • Christopher B. Dial, Secretary, Senior VP & General Counsel

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 (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 many different institutional and retail investors. Top institutional investors include Blackstone Inc (4.85%), Tortoise Capital Advisors L.L.C. (3.76%), Invesco Ltd. (3.47%), Neuberger Berman Group LLC (2.80%), Chickasaw Capital Management LLC (2.34%) and JPMorgan Chase & Co. (1.55%). Company insiders that own Western Midstream Partners stock include David J Tudor, James R Crane, Michael Ure and Petroleum Corp /De/ Occidental.
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 Bank of America Corp DE, Credit Suisse AG, Invesco Ltd., Neuberger Berman Group LLC, Morgan Stanley, Morgan Stanley, Appaloosa LP, and Wells Fargo & Company MN.
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 purchased by a variety of institutional investors in the last quarter, including Blackstone Inc, Tortoise Capital Advisors L.L.C., Brookfield Asset Management Inc., Miller Value Partners LLC, Allianz Asset Management GmbH, JPMorgan Chase & Co., Infrastructure Capital Advisors LLC, and Goldman Sachs Group Inc.. 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 $20.02.

How much money does Western Midstream Partners make?

Western Midstream Partners has a market capitalization of $8.27 billion and generates $2.77 billion in revenue each year. The pipeline company earns $527.01 million in net income (profit) each year or $2.55 on an earnings per share basis.

How many employees does Western Midstream Partners have?

Western Midstream Partners employs 1,045 workers across the globe.

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) 636-6000 or via email at [email protected]


This page was last updated on 9/17/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.