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Western Midstream Partners (WES)
NYSE:WES
RESEARCH TOOLSreports
Holding WES?
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WES Stock Chart & Stats
Day’s Range― - ―
52-Week Range$27.49 - $42.80
Previous CloseN/A
Volume172.03K
Average Volume (3M)1.11M
Market Cap
$15.49B
Enterprise Value$21.59B
Total Cash (Recent Filing)$359.07M
Total Debt (Recent Filing)$3.12B
Price to Earnings (P/E)10.5
Beta0.55
Next Earnings
Feb 19, 2025EPS Estimate
0.86Last Dividend Ex-Date
Nov 01, 2024Dividend Yield7.77%
Share Statistics
EPS (TTM)3.91
Shares Outstanding380,555,420
10 Day Avg. Volume1,101,669
30 Day Avg. Volume1,110,561
Standard Deviation0.27
R-Squared0.32
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.43
Price to Cash Flow (P/CF)7.10
P/FCF Ratio14.70
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue6.31
Enterprise Value/Gross Profit9.22
Enterprise Value/Ebitda8.23
Forecast
1Y Price Target
$40.50Price Target Upside-0.49% Downside
Rating ConsensusHold
Number of Analyst Covering7
Western Midstream Partners News
PremiumCompany Announcements
Western Midstream Partners Reports Strong Q3 Earnings
PremiumPre-Earnings
Is WES a Buy, Before Earnings?PremiumCompany Announcements
Western Midstream Partners Announces New CEO and Growth Outlook
Bulls Say, Bears Say
Bulls Say
Distribution YieldWES offers an attractive distribution yield of approximately 10%.
Financial PerformanceFCF/unit of $0.95 was above forecast due to working capital adjustments and despite higher-than-projected spending.
Leverage ProfileWES has achieved its leverage target of 3x ahead of schedule, strengthening its leverage profile.
Bears Say
Financial PerformanceWestern Midstream Partners reported a miss on adjusted EBITDA, influenced by lower recoveries from fixed recovery contracts, lower commodity prices, and higher operational and maintenance costs.
Leadership ChangesAn unexpected CEO change was seen as a distraction given the former CEO's credibility with the market.
Volume GuidanceThe company lowered its full-year volume guidance for crude, NGLs, and water volumes, contrasting with other operators signaling stronger than expected growth.
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Ownership Overview
43.83% Insiders
11.38% Mutual Funds
1.92% Other Institutional Investors
31.71% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WES FAQ
What was Western Midstream Partners’s price range in the past 12 months?
Western Midstream Partners lowest stock price was $27.49 and its highest was $42.80 in the past 12 months.
What is Western Midstream Partners’s market cap?
Western Midstream Partners’s market cap is $15.49B.
When is Western Midstream Partners’s upcoming earnings report date?
Western Midstream Partners’s upcoming earnings report date is Feb 19, 2025 which is in 32 days.
How were Western Midstream Partners’s earnings last quarter?
Western Midstream Partners released its earnings results on Nov 06, 2024. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.834 by -$0.094.
Is Western Midstream Partners overvalued?
According to Wall Street analysts Western Midstream Partners’s price is currently Overvalued.
Does Western Midstream Partners pay dividends?
Western Midstream Partners pays a Quarterly dividend of $3.199 which represents an annual dividend yield of 7.77%. See more information on Western Midstream Partners dividends here
What is Western Midstream Partners’s EPS estimate?
Western Midstream Partners’s EPS estimate is 0.86.
How many shares outstanding does Western Midstream Partners have?
Western Midstream Partners has 380,555,420 shares outstanding.
What happened to Western Midstream Partners’s price movement after its last earnings report?
Western Midstream Partners reported an EPS of $0.74 in its last earnings report, missing expectations of $0.834. Following the earnings report the stock price went down -3.192%.
Which hedge fund is a major shareholder of Western Midstream Partners?
Among the largest hedge funds holding Western Midstream Partners’s share is Blackstone Inc.. It holds Western Midstream Partners’s shares valued at 642M.
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Western Midstream Partners Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$40.50 (-0.49% Downside)
$40.50 (-0.49% Downside)
Blogger Sentiment
Bullish
WES Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.34%
12-Months-Change
Fundamentals
Return on Equity
49.26%
Trailing 12-Months
Asset Growth
11.65%
Trailing 12-Months
Company Description
Western Midstream Partners
Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.
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WES Company Deck
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WES Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive operational achievements and financial stability, alongside challenges in EBITDA and throughput growth. While the company demonstrated strong debt management and market reception, the decrease in adjusted EBITDA and moderated growth outlook for 2025 indicate areas of concern.Read More>---
WES Stock 12 Month Forecast
Average Price Target
$40.50
▼(-0.49% Downside)
Technical Analysis
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Best Analysts Covering WES
1 Year
1 Year Success Rate
25/26 ratings generated profit
1 Year Average Return
+28.35%
reiterated a buy rating 2 months ago
Copying Gabe Moreen's trades and holding each position for 1 Year would result in 96.15% of your transactions generating a profit, with an average return of +28.35% per trade.
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