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Western Midstream Partners LP (WES)

NYSE: WES · IEX Real-Time Price · USD
22.74 -0.12 (-0.52%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap9.44B
Revenue (ttm)2.72B
Net Income (ttm)907.82M
Shares Out413.07M
EPS (ttm)2.16
PE Ratio10.52
Forward PE7.99
Dividend$1.26 (5.52%)
Ex-Dividend DateJul 29, 2021
Volume538,481
Open22.91
Previous Close22.86
Day's Range22.38 - 23.05
52-Week Range7.02 - 23.79
Beta3.71
AnalystsBuy
Price Target25.60 (+12.6%)
Est. Earnings DateNov 8, 2021

About WES

Western Midstream Partners, LP, together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids, and crude oil; and gathering and disposing of produced water. The company also buys and sells natural gas, NGLs, and condensate. Western Midstream Holdings, LLC operates as the general partner of the company. The company was for...

IndustryOil, Gas & Consumable Fuels
IPO DateMay 9, 2008
Employees1,045
Stock ExchangeNYSE
Ticker SymbolWES
Full Company Profile

Financial Performance

In 2020, WES's revenue was $2.77 billion, an increase of 0.96% compared to the previous year's $2.75 billion. Earnings were $527.01 million, a decrease of -24.41%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for WES stock is "Buy." The 12-month stock price forecast is 25.60, which is an increase of 12.58% from the latest price.

Price Target
$25.60
(12.58% upside)
Analyst Consensus: Buy

News

Western Midstream Announces Third-Quarter 2021 Distribution Increase And Earnings Conference Call

HOUSTON, Oct. 22, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cas...

3 hours ago - PRNewsWire

7 of the Best Stocks to Buy as Natural Gas Prices Hit a 7-Year High

Natural gas prices are at 7-year highs, and could reach 13-year highs this winter. These stocks to buy are set to benefit from the increase.

Other symbols:ARCVXEQTLNGRRC
3 weeks ago - InvestorPlace

Western Midstream Announces Early Tender Results of Cash Tender Offers For Up To $500 Million in Aggregate Principal ...

HOUSTON, Aug. 26, 2021 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) today announced the early tender results of the previously announced tender offers (each, an "Offer" and, collectively, ...

1 month ago - PRNewsWire

Western Midstream Announces Second-Quarter Post-Earnings Interview With CEO, Michael Ure

HOUSTON, Aug. 13, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that after market close on Monday, August 16, 2021, it will make available on its website at www.western...

2 months ago - PRNewsWire

Western Midstream Announces Cash Tender Offers For Up To $500 Million In Aggregate Principal Amount Of Senior Notes

HOUSTON, Aug. 12, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that its wholly owned subsidiary, Western Midstream Operating, LP (the "Partnership"), has commenced ten...

2 months ago - PRNewsWire

Western Midstream Announces Second-Quarter 2021 Results

HOUSTON, Aug. 9, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced second-quarter 2021 financial and operating results. Net income (loss) avail...

2 months ago - PRNewsWire

A Trio of High Earnings Return Stocks

Selecting stocks whose earnings returns are more than double the monthly spot rate of the 20-year high-quality market corporate bonds increases the probability to discover high-return investments, in my...

Other symbols:KNXPII
2 months ago - GuruFocus

5 Top-Rated Dividend Stocks to Buy for a Notorious August

August, historically, hasn't been a good month for stocks. Delta variant spread and China worries are also adding to the woes.

Other symbols:CODIETNYCBRWT
2 months ago - Zacks Investment Research

7 Energy Stocks You Need to Look at Right Now

The expanding economy and the weak dollar -- plus rising natural gas exports -- make now a great time to buy into energy stocks. The post 7 Energy Stocks You Need to Look at Right Now appeared first on ...

Other symbols:ARDVNMTDRRRCSM
2 months ago - InvestorPlace

Western Midstream Announces Second-Quarter 2021 Distribution Increase And Earnings Conference Call

HOUSTON, July 20, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cas...

3 months ago - PRNewsWire

Western Midstream Announces First-Quarter Post-Earnings Interview With CEO, Michael Ure

HOUSTON, May 14, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that after market-close on Monday, May 17, 2021, it will make available on its website at www.westernmids...

5 months ago - PRNewsWire

Western Midstream Announces First-Quarter 2021 Results

HOUSTON, May 10, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter 2021 financial and operating results. Net income (loss) availa...

5 months ago - PRNewsWire

Should You Buy Western Midstream Partners (WES) Ahead of Earnings?

Western Midstream Partners (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

7 Strong Oil Stocks to Buy on Increasing Demand

An improving economy means energy demand increases on both the consumer and business side, and select oil stocks will continue their rise. The post 7 Strong Oil Stocks to Buy on Increasing Demand appear...

Other symbols:CDEVCPEFLNGMTDRSM
5 months ago - InvestorPlace

Stocks To Watch Ahead Of Earnings: Western Gas Equity Partners

Western Gas Equity Partners is near a buy zone with earnings due on or around May 10. The post Stocks To Watch Ahead Of Earnings: Western Gas Equity Partners appeared first on Investor's Business Daily.

5 months ago - Investors Business Daily

Western Midstream Announces First-Quarter 2021 Distribution Increase And Earnings Conference Call

HOUSTON, April 20, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly ca...

6 months ago - PRNewsWire

Energy Q1 Earnings Ahead: Can Higher Prices Quell Winter Woes?

Halliburton (HAL), Kinder Morgan (KMI) and Schlumberger (SLB) all report first-quarter results this week and are viewed as an important read on the sector's outlook for the remainder of 2021.

Other symbols:DCPEOGFANGHALKMISLB
6 months ago - Zacks Investment Research

Western Midstream Announces Pricing Of Upsized Secondary Public Offering Of Common Units

HOUSTON, March 22, 2021 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today the pricing of the previously announced underwritten secondary public offering of 10,000,000 co...

6 months ago - PRNewsWire

Western Midstream Announces Secondary Public Offering Of Common Units

HOUSTON, March 22, 2021 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today the commencement of an underwritten secondary public offering of 8,000,000 common units represe...

7 months ago - PRNewsWire

Western Midstream to Participate in Bank of America Conference

HOUSTON, March 15, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that Michael Ure, President, Chief Executive Officer, and Chief Financial Officer, will participate in ...

7 months ago - PRNewsWire

Is Western Midstream Partners (WES) a Great Stock for Value Investors?

Is Western Midstream Partners (WES) a great pick from the value investor's perspective right now? Read on to know more.

7 months ago - Zacks Investment Research

Western Midstream Announces Filing Of Annual Report On Form 10-K

HOUSTON, Feb. 26, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced the filing of its Annual Report on Form 10-K for the fiscal year ended Dece...

7 months ago - PRNewsWire

Western Midstream To Participate In Credit Suisse, Morgan Stanley, And J.P. Morgan Conferences

HOUSTON, Feb. 26, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that Michael Ure, President, Chief Executive Officer, and Chief Financial Officer, will participate in a...

7 months ago - PRNewsWire

Western Midstream Announces Fourth-Quarter And Full-Year 2020 Results

HOUSTON, Feb. 23, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced fourth-quarter and full-year 2020 financial and operating results. Net inco...

7 months ago - PRNewsWire

Western Midstream Announces Fourth-Quarter 2020 Distribution And Earnings Conference Call

HOUSTON, Jan. 18, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cas...

9 months ago - PRNewsWire