NYSE:WES Western Midstream Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.71 +0.34 (+4.61 %) (As of 09/28/2020 12:00 AM ET) Add Compare Share Today's Range$7.38Now: $7.71▼$7.7750-Day Range$7.34MA: $8.69▼$10.3652-Week Range$2.90Now: $7.71▼$25.43Volume2.03 million shsAverage Volume3.03 million shsMarket Capitalization$3.42 billionP/E Ratio8.38Dividend Yield16.82%Beta3.84 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingWestern Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.70, Western Midstream Partners has a forecasted upside of 64.7% from its current price of $7.71.Amount of Analyst CoverageWestern Midstream Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesWestern Midstream Partners has received 524 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestern Midstream Partners has received 435 “underperform” votes. (Add your “underperform” vote.)Community SentimentWestern Midstream Partners has received 54.64% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Western Midstream Partners and other stocks. Vote “Outperform” if you believe WES will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WES will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 16.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Midstream Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Western Midstream Partners is 77.99%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Western Midstream Partners will have a dividend payout ratio of 69.66% next year. This indicates that Western Midstream Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Midstream Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 34.87% of the stock of Western Midstream Partners is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Western Midstream Partners are expected to decrease by -22.94% in the coming year, from $2.31 to $1.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 8.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 8.38, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.98.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.09 out of 5 stars 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 Phone832-636-1009Debt Debt-to-Equity Ratio2.57 Current Ratio0.63 Quick Ratio0.63Price-To-Earnings Trailing P/E Ratio8.38 Forward P/E Ratio3.34 P/E GrowthN/A Sales & Book Value Annual Sales$2.75 billion Price / Sales1.25 Cash Flow$2.71 per share Price / Cash Flow2.85 Book Value$7.38 per share Price / Book1.04Profitability EPS (Most Recent Fiscal Year)$1.59 Net Income$697.24 million Net Margins14.99% Return on Equity32.94% Return on Assets8.45%Miscellaneous EmployeesN/A Outstanding Shares443,993,000Market Cap$3.42 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $7.71 +0.34 (+4.61 %) (As of 09/28/2020 12:00 AM ET) 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 WES and its competitors with MarketBeat's FREE daily newsletter. Western Midstream Partners (NYSE:WES) Frequently Asked Questions 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 stock has increased by 15.1% and is now trading at $7.71. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Western Midstream Partners? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 3 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 quarterly earnings data on Monday, August, 10th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.10. The pipeline company earned $671.80 million during the quarter, compared to analysts' expectations of $669.91 million. Western Midstream Partners had a return on equity of 32.94% and a net margin of 14.99%. The firm's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.37 EPS. 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. Investors of record on Friday, July 31st will be paid a dividend of $0.311 per share on Thursday, August 13th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 16.13%. The ex-dividend date is Thursday, July 30th. View Western Midstream Partners' dividend history. What price target have analysts set for WES? 11 equities research analysts have issued 1 year price targets for Western Midstream Partners' stock. Their forecasts range from $5.00 to $26.00. On average, they expect Western Midstream Partners' share price to reach $12.70 in the next twelve months. This suggests a possible upside of 64.7% from the stock's current price. View analysts' price targets for Western Midstream Partners. Who are some of Western Midstream Partners' key competitors? Some companies that are related to Western Midstream Partners include Equitrans Midstream (ETRN), Targa Resources (TRGP), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), USA Compression Partners (USAC), Rattler Midstream (RTLR), Archrock (AROC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM) and Summit Midstream Partners (SMLP). View all 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), Johnson & Johnson (JNJ), AbbVie (ABBV) and Broadcom (AVGO). 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 & DirectorMr. Craig W. Collins, Sr. VP & COO (Age 46)Mr. Jonathon E. VandenBrand, Director of Investor RelationsJohn 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 many different institutional and retail investors. Top institutional shareholders 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 institutional 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 institutional investors are buying Western Midstream Partners stock? WES stock was purchased 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 $7.71. How big of a company is Western Midstream Partners? Western Midstream Partners has a market capitalization of $3.42 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 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
