Western Midstream Partners LP (WES)
| Market Cap | 10.31B |
| Revenue (ttm) | 3.12B |
| Net Income (ttm) | 1.09B |
| Shares Out | 386.45M |
| EPS (ttm) | 2.68 |
| PE Ratio | 9.96 |
| Forward PE | 7.96 |
| Dividend | $1.65 (6.18%) |
| Ex-Dividend Date | Jul 29, 2022 |
| Volume | 733,922 |
| Open | 26.20 |
| Previous Close | 26.31 |
| Day's Range | 26.18 - 26.88 |
| 52-Week Range | 18.09 - 29.50 |
| Beta | 3.01 |
| Analysts | Buy |
| Price Target | 32.45 (+21.6%) |
| Earnings Date | Aug 3, 2022 |
About WES
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates 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. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-centra... [Read more...]
Financial Performance
In 2021, WES's revenue was $2.88 billion, an increase of 3.77% compared to the previous year's $2.77 billion. Earnings were $916.29 million, an increase of 73.87%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for WES stock is "Buy." The 12-month stock price forecast is 32.45, which is an increase of 21.58% from the latest price.
News
Western Midstream Announces Second-Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced second-quarter 2022 financial and operating results. Net income (loss) attributable to l...
Western Midstream Announces Second-Quarter 2022 Distribution and Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that the board of directors of its general partner declared a quarterly cash distributio...
Western Midstream (WES) Is Up 0.16% in One Week: What You Should Know
Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.
Western Midstream (WES) is a Great Momentum Stock: Should You Buy?
Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.
Can Western Midstream (WES) Run Higher on Rising Earnings Estimates?
Western Midstream (WES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Western Midstream Announces First-Quarter Post-Earnings Interview With CFO, Kristen Shults and COO, Craig Collins
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that after the market close on Friday, May 13, 2022, it will make available on its websi...
Western Midstream Announces First-Quarter 2022 Results
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced first-quarter 2022 financial and operating results. Net income (loss) attributable to li...
Is a Surprise Coming for Western Midstream (WES) This Earnings Season?
Western Midstream (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Western Midstream Announces New CFO
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced the appointment of Kristen Shults to Senior Vice President and Chief Financial Officer, ...
3 Value Stocks to Buy This Earnings Season
These are the best value stocks to invest in now. MFC, WES, and WLK can make great investments in the coming months.
Western Midstream Announces First-Quarter 2022 Distribution Increase and Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that the board of directors of its general partner declared a quarterly cash distributio...
Income Opportunities: Midstream Dividends Trending in the Right Direction
One of the key themes for the midstream and MLP space in 2022 has been the meaningful return of dividend growth. For investors that largely use the midstream space for its income, this has been a welcom...
These 3 Refining & Marketing MLP Stocks Are Worth a Closer Look
Notwithstanding high gasoline prices and supply chain challenges, the Zacks Oil and Gas - Refining & Marketing MLP operators like Targa Resources (TRGP), Western Midstream Partners, LP (GLP) and Sunoco ...
Western Midstream Announces Participation in US Capital Advisors and Wells Fargo Conferences
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that on March 30, 2022, Daniel Jenkins, Director of Investor Relations, and Shelby Keltn...
Bet on These 5 Low-Leverage Stocks As Volatility Spirals
The crux of safe investment lies in choosing a company that is not overly burdened with debt. You may buy ASIX, HCC, WES, CVX & XOM
Western Midstream Announces Fourth-Quarter Post-Earnings Interview With CEO, Michael Ure
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that before market on Monday, February 28, 2022, it will make available on its website a...
Western Midstream Announces Fourth-Quarter and Full-Year 2021 Results
HOUSTON--(BUSINESS WIRE)--Western Midstream Partners, LP (NYSE: WES): Reported fourth-quarter 2021 Net income attributable to limited partners of $238.2 million, generating fourth-quarter Adjusted EBITD...
Should You Buy Western Midstream (WES) Ahead of Earnings?
Western Midstream (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
5 Low-Leverage Stocks That Risk-Averse Investors May Buy
To avoid debt-related risks at times of crisis, you may buy low-leverage stocks like VLO, STM, WES, CVX and ATO
Here's Why Western Midstream (WES) is a Great Momentum Stock to Buy
Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.
Western Midstream Announces Fourth-Quarter 2021 Distribution Increase and Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that the board of directors of its general partner declared a quarterly cash distributio...
Western Midstream Announces Participation in UBS Conference
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that on January 11 and January 12, 2022, Craig Collins, WES's Chief Operating Officer, a...
Western Midstream Announces Board and Officer Changes
HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced changes to the board of directors (the “Board”) of Western Midstream Holdings, LLC, its ...
Midstream Energy Firms Plow Soaring Cash Flows Into Buybacks
Higher commodity prices have made midstream energy operators financially stronger and healthier. This has allowed the likes of EPD, MPLX, MMP, PAA and WES to increase stockholder returns through buybacks.