WES icon

Western Midstream Partners

42.89 USD
+1.38
3.32%
At close Jan 21, 4:00 PM EST
After hours
43.00
+0.11
0.26%
1 day
3.32%
5 days
7.33%
1 month
9.78%
3 months
11.93%
6 months
0.35%
Year to date
9.25%
1 year
50.44%
5 years
115.64%
10 years
-27.34%
 

About: Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

Employees: 1,377

0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

116% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 19

82% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 57

20% more call options, than puts

Call options by funds: $29.3M | Put options by funds: $24.5M

7% more funds holding

Funds holding: 251 [Q2] → 268 (+17) [Q3]

1.09% more ownership

Funds ownership: 40.62% [Q2] → 41.71% (+1.09%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 18 [Q2] → 18 (+0) [Q3]

1% less capital invested

Capital invested by funds: $6.14B [Q2] → $6.07B (-$67.8M) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$37
14%
downside
Avg. target
$39
8%
downside
High target
$41
4%
downside

3 analyst ratings

positive
0%
neutral
67%
negative
33%
RBC Capital
Elvira Scotto
97% 1-year accuracy
31 / 32 met price target
4%downside
$41
Sector Perform
Reiterated
9 Dec 2024
UBS
Shneur Gershuni
100% 1-year accuracy
13 / 13 met price target
14%downside
$37
Neutral
Maintained
15 Nov 2024
Morgan Stanley
Robert Kad
64% 1-year accuracy
9 / 14 met price target
7%downside
$40
Underweight
Downgraded
25 Oct 2024

Financial journalist opinion

Based on 6 articles about WES published over the past 30 days

Positive
Seeking Alpha
5 days ago
An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF
The usual sweet spot range for high and durable income is 6-8%. Anything above that tends to come with unfavorable financial risk. Yet, by being selective and careful, 8%+ exceptions can be found.
An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF
Neutral
Zacks Investment Research
6 days ago
Western Midstream (WES) Rises But Trails Market: What Investors Should Know
In the closing of the recent trading day, Western Midstream (WES) stood at $41.19, denoting a +0.88% change from the preceding trading day.
Western Midstream (WES) Rises But Trails Market: What Investors Should Know
Positive
Seeking Alpha
1 week ago
Western Midstream: A Rock Solid Investment (Rating Upgrade)
Western Midstream Partners shows impressive growth in free cash flow and EBITDA. I rate Western Midstream a strong buy due increasing demand for natural gas in the long term. Demand is at least partially driven by AI and Data Centers. WES confirmed strong FY 2024 guidance with expected 19% growth in free cash flow and 11% growth in adjusted EBITDA, indicating upside potential.
Western Midstream: A Rock Solid Investment (Rating Upgrade)
Positive
Seeking Alpha
1 week ago
Western Midstream: Deeply Undervalued With An 8.7% Yield
I recommend a 'Strong buy' for Western Midstream Partners LP due to its unmatched 8.7% forward distribution yield and 33% upside potential. WES's strategic positioning in key U.S. oil-rich regions and its multifaceted growth strategy, including M&A and organic growth, ensure robust future prospects. The company's healthy balance sheet, solid profitability, and favorable macroenvironment support the sustainability of its high yield and overall investment appeal.
Western Midstream: Deeply Undervalued With An 8.7% Yield
Neutral
Zacks Investment Research
2 weeks ago
Western Midstream (WES) Stock Drops Despite Market Gains: Important Facts to Note
In the most recent trading session, Western Midstream (WES) closed at $39.24, indicating a -0.05% shift from the previous trading day.
Western Midstream (WES) Stock Drops Despite Market Gains: Important Facts to Note
Neutral
Zacks Investment Research
3 weeks ago
Western Midstream (WES) Rises As Market Takes a Dip: Key Facts
In the closing of the recent trading day, Western Midstream (WES) stood at $39.13, denoting a +0.28% change from the preceding trading day.
Western Midstream (WES) Rises As Market Takes a Dip: Key Facts
Positive
Investors Business Daily
1 month ago
Dividend Stock Energizes Investors With Sizzling 9% Yield
Formed in 2019 from a spinoff from Occidental Petroleum, Western Midstream operates over 14,000 miles of crude oil and natural gas pipelines. The post Dividend Stock Energizes Investors With Sizzling 9% Yield appeared first on Investor's Business Daily.
Dividend Stock Energizes Investors With Sizzling 9% Yield
Positive
Seeking Alpha
1 month ago
Retirement Income With 9% Yield And Growth: Western Midstream
Get cash piped directly into your account by owning toll bridge-style investments. High levels of free cash flow provide ample room to reward unit holders. This yield will keep on paying you in good times and bad.
Retirement Income With 9% Yield And Growth: Western Midstream
Positive
The Motley Fool
1 month ago
If You Like Energy Transfer's 7%-Yielding Dividend, You Should Check Out This 9%-Yielding Peer
Energy Transfer (ET -0.32%) is popular among income-seeking investors. The master limited partnership (MLP) offers a monster distribution that currently yields 7%.
If You Like Energy Transfer's 7%-Yielding Dividend, You Should Check Out This 9%-Yielding Peer
Positive
Seeking Alpha
1 month ago
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I think, will continue to outperform in 2025.
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
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