Summary
37.49 -0.48(-1.26%)05/16/2024
Western Midstream Partners LP (WES)
Western Midstream Partners LP (WES)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.06 | 4.55 | -0.84 | 27.29 | 27.15 | 39.55 | 67.78 | 128.09 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 35.64 | |
| Open | 35.85 | |
| High | 35.88 | |
| Low | 35.11 | |
| Volume | 1,601,442 | |
| Change | 0.02 | |
| Change % | 0.06 | |
| Avg Volume (20 Days) | 868,851 | |
| Volume/Avg Volume (20 Days) Ratio | 1.84 | |
| 52 Week Range | 25.04 - 36.79 | |
| Price vs 52 Week High | -3.13% | |
| Price vs 52 Week Low | 42.33% | |
| Range | -0.59 | |
| Gap Up/Down | -0.16 | |
Fundamentals | ||
| Market Capitalization (Mln) | 14,527 | |
| EBIDTA | 1,723,026,048 | |
| PE Ratio | 8.9526 | |
| PEG Ratio | 5.4800 | |
| WallStreet Target Price | 26.38 | |
| Book Value | 7.2590 | |
| Earnings Per Share | 2.2150 | |
| EPS Estimate Current Quarter | 0.6300 | |
| EPS Estimate Next Quarter | 0.6400 | |
| EPS Estimate Current Year | 2.2700 | |
| EPS Estimate Next Year | 2.7200 | |
| Diluted EPS (TTM) | 2.2150 | |
| Revenues | ||
| Profit Marging | 0.3267 | |
| Operating Marging (TTM) | 0.4257 | |
| Return on asset (TTM) | 0.0646 | |
| Return on equity (TTM) | 0.3275 | |
| Revenue TTM | 2,805,424,896 | |
| Revenue per share TTM | 6.7870 | |
| Quarterly Revenue Growth (YOY) | 0.1250 | |
| Quarterly Earnings Growth (YOY) | 0.1040 | |
| Gross Profit (TTM) | 2,003,630,000 | |
| Dividends | ||
| Dividend Share | 1.2680 | |
| Dividend Yield | 0.0643 | |
| Valuations | ||
| Trailing PE | 8.9526 | |
| Forward PE | 6.5531 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.7713 | |
| Revenue Enterprise Value | 5.4233 | |
| EBITDA Enterprise Value | 8.1821 | |
| Shares | ||
| Shares Outstanding | 408,390,016 | |
| Shares Float | 205,408,058 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 49.84 | |
| Institutions (%) | 41.05 | |
05/13 07:08 EST - seekingalpha.com
Western Midstream Continues To Drive Reliable Returns
Western Midstream has an impressive portfolio of assets and is managing to continue growth volumes. The company has an almost 10% dividend yield that it can comfortably afford. Despite the Occidental Petroleum risk, we expect the company to keep growing and generating strong returns, making it a valuable investment.
Western Midstream Continues To Drive Reliable Returns
Western Midstream has an impressive portfolio of assets and is managing to continue growth volumes. The company has an almost 10% dividend yield that it can comfortably afford. Despite the Occidental Petroleum risk, we expect the company to keep growing and generating strong returns, making it a valuable investment.
05/13 07:00 EST - prnewswire.com
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER POST-EARNINGS INTERVIEW WITH CHIEF FINANCIAL OFFICER, KRISTEN SHULTS AND SVP, SOUTHERN OPERATIONS, DANNY HOLDERMAN
AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCES HOUSTON , May 13, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that tomorrow before the market open it will make available on its website at www.westernmidstream.com a post-earnings interview with Kristen Shults, Senior Vice President and Chief Financial Officer, and Danny Holderman, Senior Vice President, Southern Operations, to provide additional insights related to first-quarter 2024 results. In addition, WES intends to participate in the following investor conferences during the second quarter of 2024: The 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, Florida on May 22 – 23, 2024 RBC Capital Markets Global Energy, Power and Infrastructure Conference in New York, New York on June 4, 2024 J.P.
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER POST-EARNINGS INTERVIEW WITH CHIEF FINANCIAL OFFICER, KRISTEN SHULTS AND SVP, SOUTHERN OPERATIONS, DANNY HOLDERMAN
AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCES HOUSTON , May 13, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that tomorrow before the market open it will make available on its website at www.westernmidstream.com a post-earnings interview with Kristen Shults, Senior Vice President and Chief Financial Officer, and Danny Holderman, Senior Vice President, Southern Operations, to provide additional insights related to first-quarter 2024 results. In addition, WES intends to participate in the following investor conferences during the second quarter of 2024: The 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, Florida on May 22 – 23, 2024 RBC Capital Markets Global Energy, Power and Infrastructure Conference in New York, New York on June 4, 2024 J.P.
05/13 04:12 EST - fool.com
Billionaires Can't Stop Buying These 3 Energy Stocks. Should You Join Them?
Chevron is the type of energy stock you buy and hold forever, offering both an attractive yield and a rock-solid balance sheet. Ray Dalio's big bet on ExxonMobil is a smart move.
Billionaires Can't Stop Buying These 3 Energy Stocks. Should You Join Them?
Chevron is the type of energy stock you buy and hold forever, offering both an attractive yield and a rock-solid balance sheet. Ray Dalio's big bet on ExxonMobil is a smart move.
05/11 04:19 EST - fool.com
Billionaire Bond King Bill Gross Says This 10% Ultra-High-Yield Dividend Stock Is "Best of the Bunch" For Pipeline Master Limited Partnerships
Bill Gross recently posted on social media that he sees Western Midstream as a top opportunity in MLPs. MLPs are generally less volatile energy stocks, and are also required to pay out a distribution to investors.
Billionaire Bond King Bill Gross Says This 10% Ultra-High-Yield Dividend Stock Is "Best of the Bunch" For Pipeline Master Limited Partnerships
Bill Gross recently posted on social media that he sees Western Midstream as a top opportunity in MLPs. MLPs are generally less volatile energy stocks, and are also required to pay out a distribution to investors.
05/09 16:29 EST - seekingalpha.com
Western Midstream Partners LP (WES) Q1 2024 Earnings Call Transcript
Western Midstream Partners LP (NYSE:WES ) Q1 2024 Earnings Conference Call May 9, 2024 2:00 PM ET Company Participants Daniel Jenkins - Director, IR Michael Ure - President, CEO & Director Kristen Shults - SVP & CFO Conference Call Participants Keith Stanley - Wolfe Research Spiro Dounis - Citigroup Noah Katz - JPMorgan Chase & Co. Zach Van Everen - TPH & Company Manav Gupta - UBS Operator This time, I would like to welcome everyone to the Western Midstream Partners First Quarter 2024 Earnings Conference Call. [Operator Instructions].
Western Midstream Partners LP (WES) Q1 2024 Earnings Call Transcript
Western Midstream Partners LP (NYSE:WES ) Q1 2024 Earnings Conference Call May 9, 2024 2:00 PM ET Company Participants Daniel Jenkins - Director, IR Michael Ure - President, CEO & Director Kristen Shults - SVP & CFO Conference Call Participants Keith Stanley - Wolfe Research Spiro Dounis - Citigroup Noah Katz - JPMorgan Chase & Co. Zach Van Everen - TPH & Company Manav Gupta - UBS Operator This time, I would like to welcome everyone to the Western Midstream Partners First Quarter 2024 Earnings Conference Call. [Operator Instructions].
05/08 16:15 EST - prnewswire.com
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 RESULTS
Reported record first-quarter 2024 Net income attributable to limited partners of $559.5 million, generating record first-quarter Adjusted EBITDA(1) of $608.4 million. Reported first-quarter 2024 Cash flows provided by operating activities of $399.7 million, generating first-quarter Free cash flow(1) of $225.0 million.
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 RESULTS
Reported record first-quarter 2024 Net income attributable to limited partners of $559.5 million, generating record first-quarter Adjusted EBITDA(1) of $608.4 million. Reported first-quarter 2024 Cash flows provided by operating activities of $399.7 million, generating first-quarter Free cash flow(1) of $225.0 million.
05/07 09:41 EST - zacks.com
Why Earnings Season Could Be Great for Western Midstream (WES)
Western Midstream (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Why Earnings Season Could Be Great for Western Midstream (WES)
Western Midstream (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
05/06 09:51 EST - zacks.com
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
05/05 05:30 EST - fool.com
This Billionaire Is Selling This Magnificent Dividend Stock: Here Are 3 Other Higher-Yielding Dividend Stocks He Likes Instead
Bill Gross sold his stake in Enterprise Products Partners. He continues to hold Western Midstream, Energy Transfer, and MPLX.
This Billionaire Is Selling This Magnificent Dividend Stock: Here Are 3 Other Higher-Yielding Dividend Stocks He Likes Instead
Bill Gross sold his stake in Enterprise Products Partners. He continues to hold Western Midstream, Energy Transfer, and MPLX.
04/30 07:35 EST - seekingalpha.com
I Am Swimming In Dividends
Global dividend payouts quietly hit records amidst market worries about interest rates, recessions, and layoffs. Within the financial markets, dividends offer unparalleled income predictability and reliability. We discuss two picks with up to 9.8% yields for a wealthy retirement.
I Am Swimming In Dividends
Global dividend payouts quietly hit records amidst market worries about interest rates, recessions, and layoffs. Within the financial markets, dividends offer unparalleled income predictability and reliability. We discuss two picks with up to 9.8% yields for a wealthy retirement.
04/29 06:15 EST - fool.com
This Billionaire Is Pounding the Table For These Ultra-High-Yield Dividend Stocks
Bill Gross thinks Western Midstream and MPLX are great investments right now. The MLPs currently offer dividend yields above 8%.
This Billionaire Is Pounding the Table For These Ultra-High-Yield Dividend Stocks
Bill Gross thinks Western Midstream and MPLX are great investments right now. The MLPs currently offer dividend yields above 8%.
04/24 14:31 EST - zacks.com
EQT Q1 Earnings Top Estimates on Higher Sales Volumes
EQT's Q1 earnings and revenues beat estimates owing to an increase in sales volumes and lease operating expenses coming in lower than expected.
EQT Q1 Earnings Top Estimates on Higher Sales Volumes
EQT's Q1 earnings and revenues beat estimates owing to an increase in sales volumes and lease operating expenses coming in lower than expected.
04/24 13:01 EST - zacks.com
Are You Looking for a Top Momentum Pick? Why Western Midstream (WES) is a Great Choice
Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Western Midstream (WES) is a Great Choice
Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.
04/18 16:15 EST - prnewswire.com
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALL
HOUSTON , April 18, 2024 /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 cash distribution ("Base Distribution") of $0.8750 per unit for the first quarter of 2024, or $3.50 on an annualized basis, which is 52-percent higher than the prior quarter's distribution and in-line with WES's previously announced expectations. WES's first-quarter 2024 Base Distribution is payable on May 15, 2024, to unitholders of record at the close of business on May 1, 2024.
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALL
HOUSTON , April 18, 2024 /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 cash distribution ("Base Distribution") of $0.8750 per unit for the first quarter of 2024, or $3.50 on an annualized basis, which is 52-percent higher than the prior quarter's distribution and in-line with WES's previously announced expectations. WES's first-quarter 2024 Base Distribution is payable on May 15, 2024, to unitholders of record at the close of business on May 1, 2024.
04/09 08:15 EST - seekingalpha.com
Very Good News For Energy Stocks
Energy stocks are no longer the table pounding buys that they used to be. However, there are still several compelling reasons to invest in certain energy stocks. We share some of our top picks of the moment in the sector.
Very Good News For Energy Stocks
Energy stocks are no longer the table pounding buys that they used to be. However, there are still several compelling reasons to invest in certain energy stocks. We share some of our top picks of the moment in the sector.
04/04 04:43 EST - fool.com
This 6.9%-Yielding Dividend Stock Just Can't Stop Adding More Fuel to Its Growth Engine
Enterprise Products Partners recently completed two more natural gas processing plants. The master limited partnership also added a new plant to its backlog.
This 6.9%-Yielding Dividend Stock Just Can't Stop Adding More Fuel to Its Growth Engine
Enterprise Products Partners recently completed two more natural gas processing plants. The master limited partnership also added a new plant to its backlog.
04/03 01:56 EST - seekingalpha.com
Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company
Western Midstream Partners' parent company, Occidental Petroleum, is exploring a sale of WES to reduce debt. WES distribution hike is likely to be influenced by OXY. If OXY sells WES towards the end of 2024, investors will likely pocket close to 20% return in 9 months.
Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company
Western Midstream Partners' parent company, Occidental Petroleum, is exploring a sale of WES to reduce debt. WES distribution hike is likely to be influenced by OXY. If OXY sells WES towards the end of 2024, investors will likely pocket close to 20% return in 9 months.
03/27 07:15 EST - seekingalpha.com
If I Could Only Own 4 Midstream Stocks, It Would Be These
The midstream sector has delivered exceptional total returns for my portfolio since I loaded up after energy prices crashed in 2020. I share my top four midstream picks of the moment. I discuss why I like each of them right now and what their outlook is moving forward.
If I Could Only Own 4 Midstream Stocks, It Would Be These
The midstream sector has delivered exceptional total returns for my portfolio since I loaded up after energy prices crashed in 2020. I share my top four midstream picks of the moment. I discuss why I like each of them right now and what their outlook is moving forward.
03/26 05:14 EST - fool.com
This Famous Billionaire Investor Likes This Relatively Unknown Ultra-High-Yield Dividend Stock
Bill Gross likes the tax-deferred income MLPs like Western Midstream offer. The company recently boosted its payout by 40%, pushing its yield over 10%.
This Famous Billionaire Investor Likes This Relatively Unknown Ultra-High-Yield Dividend Stock
Bill Gross likes the tax-deferred income MLPs like Western Midstream offer. The company recently boosted its payout by 40%, pushing its yield over 10%.
03/24 09:15 EST - forbes.com
Three Dividends Up To 7% With Big Insider Buying
If they're buying, we're buying. Or we're at least considering it. If there's anything better than a big dividend, it's one that is being gobbled up by the company's own insiders. We're talking about the officers, directors, and other members of the C-suite that are closer to the action than any analyst, reporter or investor could ever hope to be.
Three Dividends Up To 7% With Big Insider Buying
If they're buying, we're buying. Or we're at least considering it. If there's anything better than a big dividend, it's one that is being gobbled up by the company's own insiders. We're talking about the officers, directors, and other members of the C-suite that are closer to the action than any analyst, reporter or investor could ever hope to be.