NYSE:WES Western Midstream Partners (WES) Stock Price, News & Analysis $39.38 -0.25 (-0.63%) (As of 12:13 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Western Midstream Partners Stock (NYSE:WES) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$39.10▼$40.1550-Day Range$36.59▼$42.7452-Week Range$26.14▼$42.80Volume441,127 shsAverage Volume1.25 million shsMarket Capitalization$14.98 billionP/E Ratio11.09Dividend Yield8.89%Price Target$36.75Consensus RatingHold Company OverviewWestern 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 Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.Read More… China Stockpiling Gold “Like No Tomorrow” (Ad)For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . Click here now to get your free 'De-Dollarization' Guide. Western Midstream Partners Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 57th PercentileWestern Midstream Partners scored higher than 57% of companies evaluated by MarketBeat, and ranked 167th out of 252 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.0 / 5Analyst RatingHold Consensus RatingWestern Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 8 hold ratings, and 1 sell rating.Amount of Analyst CoverageWestern Midstream Partners has only been the subject of 4 research reports in the past 90 days.Read more about Western Midstream Partners' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth-12.26% Earnings GrowthEarnings for Western Midstream Partners are expected to decrease by -12.26% in the coming year, from $4.16 to $3.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 11.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.53.Price to Earnings Growth RatioWestern Midstream Partners has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 4.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Western Midstream Partners' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.88% of the float of Western Midstream Partners has been sold short.Short Interest Ratio / Days to CoverWestern Midstream Partners has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Midstream Partners has recently decreased by 15.53%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 8.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Midstream Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Western Midstream Partners is 98.59%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Western Midstream Partners will have a dividend payout ratio of 95.89% in the coming year. This indicates that Western Midstream Partners may not be able to sustain their current dividend.Read more about Western Midstream Partners' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.88% of the float of Western Midstream Partners has been sold short.Short Interest Ratio / Days to CoverWestern Midstream Partners has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Midstream Partners has recently decreased by 15.53%, indicating that investor sentiment is improving significantly. News and Social Media2.3 / 5News Sentiment0.18 News SentimentWestern Midstream Partners has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Western Midstream Partners this week, compared to 4 articles on an average week.Search InterestOnly 19 people have searched for WES on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat Follows17 people have added Western Midstream Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Western Midstream Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $697,125,000.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of Western Midstream Partners is held by insiders.Percentage Held by Institutions42.94% of the stock of Western Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Western Midstream Partners' insider trading history. WES Stock News HeadlinesWestern Midstream Partners (NYSE:WES) Price Target Increased to $39.00 by Analysts at UBS GroupSeptember 19 at 5:08 AM | americanbankingnews.comWestern Midstream Partners (NYSE:WES) Stock Rating Lowered by StockNews.comSeptember 19 at 1:57 AM | americanbankingnews.comChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . September 19, 2024 | True Gold Republic (Ad)Energy Transfer Vs. Western Midstream: I Only Own OneSeptember 17 at 12:12 PM | seekingalpha.comMorgan Stanley Lowers Western Midstream Partners (NYSE:WES) to Equal WeightSeptember 17 at 6:09 AM | americanbankingnews.comIn-Depth Examination Of 4 Analyst Recommendations For Western MidstreamSeptember 16 at 4:34 PM | benzinga.comWestern Midstream Partners, LP (NYSE:WES) Receives $34.29 Average Price Target from BrokeragesSeptember 16 at 2:17 AM | americanbankingnews.comWestern Midstream: Time To Buy This Ultra-High-Yielding BargainSeptember 13, 2024 | seekingalpha.comSee More Headlines WES Stock Analysis - Frequently Asked Questions How have WES shares performed this year? Western Midstream Partners' stock was trading at $29.26 at the beginning of 2024. Since then, WES shares have increased by 33.7% and is now trading at $39.13. View the best growth stocks for 2024 here. How were Western Midstream Partners' earnings last quarter? Western Midstream Partners, LP (NYSE:WES) issued its quarterly earnings data on Wednesday, August, 7th. The pipeline company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.88 by $0.09. The company's revenue for the quarter was up 22.7% on a year-over-year basis. Who are Western Midstream Partners' major shareholders? Top institutional shareholders of Western Midstream Partners include Tortoise Capital Advisors L.L.C. (2.24%), Chickasaw Capital Management LLC (1.76%), Clearbridge Investments LLC (0.66%) and Westwood Holdings Group Inc. (0.48%). Insiders that own company stock include Petroleum Corp /De/ Occidental, Robert W Bourne, Kenneth F Owen and Lisa A Stewart. View institutional ownership trends. How do I buy shares of Western Midstream Partners? Shares of WES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Western Midstream Partners own? Based on aggregate information from My MarketBeat watchlists, some other companies that Western Midstream Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Exxon Mobil (XOM), NGL Energy Partners (NGL), NVIDIA (NVDA) and Pfizer (PFE). Company Calendar Ex-Dividend for 8/14 Dividend8/01/2024Last Earnings8/07/2024Dividend Payable8/14/2024Today9/19/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryUtilities Current SymbolNYSE:WES CUSIPN/A CIK1414475 Webwww.westernmidstream.com Phone(346) 786-5000Fax832-636-6001Employees1,377Year FoundedN/APrice Target and Rating Average Stock Price Target$36.75 High Stock Price Target$42.00 Low Stock Price Target$27.00 Potential Upside/Downside-6.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio11.02 Forward P/E Ratio9.41 P/E Growth0.75Net Income$1.02 billion Net Margins44.01% Pretax Margin45.47% Return on Equity47.19% Return on Assets12.43% Debt Debt-to-Equity Ratio2.08 Current Ratio1.68 Quick Ratio1.68 Sales & Book Value Annual Sales$3.11 billion Price / Sales4.79 Cash Flow$4.23 per share Price / Cash Flow9.26 Book Value$7.98 per share Price / Book4.90Miscellaneous Outstanding Shares380,510,000Free Float380,332,000Market Cap$14.89 billion OptionableOptionable Beta2.87 This page (NYSE:WES) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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