Western Midstream Partners, LP (WES)

Market Cap	14.50B
Revenue (ttm)	3.26B
Net Income (ttm)	1.36B
Shares Out	380.49M
EPS (ttm)	3.55
PE Ratio	10.72
Forward PE	11.02
Dividend	$2.59 (6.80%)
Ex-Dividend Date	Apr 30, 2024

Volume	662,473
Open	37.61
Previous Close	37.50
Day's Range	37.15 - 38.12
52-Week Range	25.04 - 38.34
Beta	2.75
Analysts	Buy
Price Target	32.11 (-15.59%)
Earnings Date	May 8, 2024

About WES

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. The company also buys and sells natural gas, NGLs, and condensate. It operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Mids...

• Industry: Oil & Gas Midstream
• Sector: Energy
• IPO Date: May 9, 2008
• Employees: 1,377
• Stock Exchange: NYSE
• Ticker Symbol: WES

Financial Performance

In 2023, WES's revenue was $3.11 billion, a decrease of -4.47% compared to the previous year's $3.25 billion. Earnings were $998.53 million, a decrease of -16.06%.

Analyst Forecast

According to 12 analysts, the average rating for WES stock is "Buy." The 12-month stock price forecast is $32.11, which is a decrease of -15.59% from the latest price.

Price Target

$32.11

(-15.59% downside)

Analyst Consensus: Buy