Western Midstream Partners Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Western Midstream Partners stock.
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Western Midstream Partners saw a increase in short interest during the month of 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 trading volume of 949,400 shares, the short-interest ratio is presently 5.4 days. Approximately 2.5% of the shares of the stock are sold short.
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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.

Western Midstream Partners, LP (NYSE:WES) announced its quarterly earnings results on Monday, August, 9th. The pipeline company reported $0.55 earnings per share for the quarter, missing the 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 net margin of 33.76% and a trailing twelve-month return on equity of 31.96%. Western Midstream Partners's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share.
View Western Midstream Partners' earnings history.

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 stock has increased by 193.7% and is now trading at $19.68.
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Western Midstream Partners announced a quarterly dividend on Wednesday, July 21st. Investors 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 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date is Thursday, July 29th.
View Western Midstream Partners' dividend history.

Western Midstream Partners pays an annual dividend of $1.28 per share and currently has a dividend yield of 6.67%. 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 strong track record of dividend growth. 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.

12 Wall Street analysts have issued 1 year target prices 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 16.3% from the stock's current price.
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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), DT Midstream (DTM), Equitrans Midstream (ETRN), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Altus Midstream (ALTM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).
View all of WES's competitors.

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).

Western Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "WES."

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 James R Crane, Michael Ure and Petroleum Corp /De/ Occidental.
View institutional ownership trends for Western Midstream Partners.

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.

WES stock was acquired 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.

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.
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One share of WES stock can currently be purchased for approximately $19.68.

Western Midstream Partners has a market capitalization of $8.13 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.

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

The official website for Western Midstream Partners is www.westernmidstream.com.

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

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].