NYSE:WES - Western Midstream Partners Stock Price, News, & Analysis

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$32.48 -0.38 (-1.16 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$32.48
Today's Range$32.31 - $33.0267
52-Week Range$25.89 - $38.62
Volume534,307 shs
Average Volume865,470 shs
Market Capitalization$7.11 billion
P/E Ratio12.94
Dividend Yield7.33%
Beta1.55
Western Gas Equity Partners, LP, together with its subsidiaries, engages in the 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. Western Gas Equity Holdings, LLC serves as the general partner of Western Gas Equity Partners, LP. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Gas Equity Partners, LP is a subsidiary of Anadarko Petroleum Corporation.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone832-636-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.99 billion
Cash Flow$4.0651 per share
Book Value$16.01 per share

Profitability

Net Income$369.42 million

Miscellaneous

EmployeesN/A
Market Cap$7.11 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Western Midstream Partners (NYSE:WES) Frequently Asked Questions

What is Western Midstream Partners' stock symbol?

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

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 Wednesday, January 23rd. Investors of record on Friday, February 1st will be given a dividend of $0.98 per share on Wednesday, February 13th. This represents a $3.92 annualized dividend and a yield of 12.07%. The ex-dividend date of this dividend is Thursday, January 31st. This is a boost from Western Midstream Partners's previous quarterly dividend of $0.97. View Western Midstream Partners' Dividend History.

How were Western Midstream Partners' earnings last quarter?

Western Midstream Partners LP (NYSE:WES) released its quarterly earnings data on Thursday, February, 14th. The pipeline company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.75 by $0.65. The pipeline company earned $557.79 million during the quarter, compared to analyst estimates of $521.78 million. Western Midstream Partners had a net margin of 19.06% and a return on equity of 11.72%. The company's quarterly revenue was down 11.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 earnings per share. View Western Midstream Partners' Earnings History.

When is Western Midstream Partners' next earnings date?

Western Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Western Midstream Partners.

What price target have analysts set for WES?

10 brokers have issued twelve-month price objectives for Western Midstream Partners' stock. Their predictions range from $34.00 to $56.00. On average, they expect Western Midstream Partners' stock price to reach $47.80 in the next twelve months. This suggests a possible upside of 47.2% from the stock's current price. View Analyst Price Targets for Western Midstream Partners.

What is the consensus analysts' recommendation for 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 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western Midstream Partners.

Has Western Midstream Partners been receiving favorable news coverage?

Headlines about WES stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Western Midstream Partners earned a news impact score of -1.6 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days.

Are investors shorting Western Midstream Partners?

Western Midstream Partners saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 6,095,911 shares, an increase of 122.9% from the February 15th total of 2,735,164 shares. Based on an average daily trading volume, of 1,535,548 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.8% of the company's stock are short sold. 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), AT&T (T), Starbucks (SBUX), WP Carey (WPC), Magellan Midstream Partners (MMP), Macquarie Infrastructure (MIC), Simon Property Group (SPG), NGL Energy Partners (NGL), Broadcom (AVGO) and AmeriGas Partners (APU).

Who are Western Midstream Partners' key executives?

Western Midstream Partners' management team includes the folowing people:
  • Ms. Robin H. Fielder, Pres, CEO & Director of Western Gas Equity Holdings, LLC (Age 38)
  • Mr. Jaime R. Casas, Sr. VP, CFO & Treasurer of Western Gas Equity Holding, LLC (Age 49)
  • Ms. Gennifer F. Kelly, Sr. VP & COO of Western Gas Equity Holdings, LLC (Age 46)
  • Mr. Philip H. Peacock, SVP, Gen. Counsel & Corp. Sec. of Western Gas Equity Holdings, LLC (Age 47)
  • Mr. Jonathon E. VandenBrand, Director of Investor Relations

Who are Western Midstream Partners' major shareholders?

Western Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (10.34%), Alps Advisors Inc. (6.52%), Kayne Anderson Capital Advisors LP (5.65%), Chickasaw Capital Management LLC (1.81%), RR Advisors LLC (1.07%) and Bank of America Corp DE (0.74%). 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 Montreal Can, Tortoise Capital Advisors L.L.C., RR Advisors LLC, Kayne Anderson Capital Advisors LP, Chickasaw Capital Management LLC, Citigroup Inc., Miller Howard Investments Inc. NY and FMR LLC. View Insider Buying and Selling 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 Alps Advisors Inc., Eagle Global Advisors LLC, Harvest Fund Advisors LLC, Zimmer Partners LP, HITE Hedge Asset Management LLC, Hsbc Holdings PLC, IndexIQ Advisors LLC and Jennison Associates LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Western Midstream Partners' stock price today?

One share of WES stock can currently be purchased for approximately $32.48.

How big of a company is Western Midstream Partners?

Western Midstream Partners has a market capitalization of $7.11 billion and generates $1.99 billion in revenue each year. The pipeline company earns $369.42 million in net income (profit) each year or $2.51 on an earnings per share basis.

What is Western Midstream Partners' official website?

The official website for Western Midstream Partners is http://www.westerngas.com.

How can I contact Western Midstream Partners?

Western Midstream Partners' mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77251. The pipeline company can be reached via phone at 832-636-6000 or via email at [email protected]


MarketBeat Community Rating for Western Midstream Partners (NYSE WES)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  437 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  774
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.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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