Western Midstream Partners
WES
Market cap $14.9B

39.10 USD

+0.35

0.9%

At close Oct 4, 4:00 PM EDT

1 day

0.90%

5 days

2.14%

1 month

3.91%

3 months

-4.89%

6 months

8.82%

Year to date

35.86%

1 year

47.55%

5 years

55.71%

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

Utilities Natural Gas Transmission

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

173% more call options, than puts

Call options by funds: $46.1M | Put options by funds: $16.9M

161% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 23

17% more funds holding

Funds holding: 214 [Q1] → 251 (+37) [Q2]

7% more capital invested

Capital invested by funds: $5.57B [Q1] → $5.96B (+$396M) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 71

0% more funds holding in top 10

Funds holding in top 10: 18 [Q1] → 18 (+0) [Q2]

2.04% less ownership

Funds ownership: 41.51% [Q1] → 39.47% (-2.04%) [Q2]

See Fund Rankings

Research analyst outlook

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

Low target

$38

3%

downside

Avg. target

$40

1%

upside

High target

$42

7%

upside

5 analyst ratings

0 positive

0%

5 neutral

100%

0 negative

0%

UBS Shneur Gershuni 67% 1-year accuracy 6 / 9 met price target	0%downside $39	Neutral Maintained	18 Sept 2024
Morgan Stanley Robert Kad 78% 1-year accuracy 7 / 9 met price target	7%upside $42	Equal-Weight Downgraded	16 Sept 2024
RBC Capital Elvira Scotto 93% 1-year accuracy 14 / 15 met price target	3%downside $38	Sector Perform Maintained	27 Aug 2024
Stifel Selman Akyol 74% 1-year accuracy 14 / 19 met price target	2%upside $40	Hold Maintained	9 Aug 2024
Stifel Selman Akyol 74% 1-year accuracy 14 / 19 met price target	0%downside $39	Hold Downgraded	10 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about WES published over the past 30 days

ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC

On September 30, 2024, ALPS Advisors Inc., a prominent asset management firm, made a significant addition to its investment portfolio by acquiring 2,773,743 shares of EnLink Midstream LLC (ENLC, Financial). This transaction increased the firm's total holdings in ENLC to 46,191,145 shares, marking a substantial investment move.

ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC

Zacks Investment Research

Western Midstream (WES) Ascends While Market Falls: Some Facts to Note

In the latest trading session, Western Midstream (WES) closed at $38.51, marking a +0.65% move from the previous day.

Western Midstream (WES) Ascends While Market Falls: Some Facts to Note

A Rare High-Yield Buying Opportunity

The high-yield sector has soared recently. However, one sector has lagged behind significantly despite having very strong underlying fundamentals. This creates a rare high-yield buying opportunity.

A Rare High-Yield Buying Opportunity

Zacks Investment Research

Western Midstream (WES) Declines More Than Market: Some Information for Investors

In the most recent trading session, Western Midstream (WES) closed at $39.63, indicating a -1.05% shift from the previous trading day.

Western Midstream (WES) Declines More Than Market: Some Information for Investors

Energy Transfer Vs. Western Midstream: I Only Own One

I last compared ET and WES in May 2023 and labeled both "buys." Since then, both have crushed the broader midstream sector. I revisit them today and share why I only own one of them.

Energy Transfer Vs. Western Midstream: I Only Own One

Western Midstream Can Continue Strong Shareholder Returns

Western Midstream offers a strong 9% dividend yield and has shown impressive growth in natural gas and crude oil throughput. The company has reduced its net leverage from 5.0x to under 3.0x, enabling more cash for shareholder returns. With double-digit volume growth expected and stable EBITDA, WES is poised for continued financial strength and shareholder value.

Western Midstream Can Continue Strong Shareholder Returns

Western Midstream: Time To Buy This Ultra-High-Yielding Bargain

Western Midstream provides an outsized, safe, and growing distribution to unitholders. The company's Mentone Train III project is online, and the North Loving cryogenic processing plant is going to be placed into service soon. WES is set to reach its targeted leverage ratio ahead of schedule.

Western Midstream: Time To Buy This Ultra-High-Yielding Bargain

2 Strong Buys +8% Yield I Am Buying For My Retirement Portfolio

What kind of retirement do you envision? One marked by fears of outliving your savings, or one marked by an abundance of income? The Income Method aims to ensure your portfolio supports a lasting retirement and beyond. We discuss our top picks offering +8% yields to enable a retirement of abundance.

2 Strong Buys +8% Yield I Am Buying For My Retirement Portfolio

Zacks Investment Research

Why Western Midstream (WES) Outpaced the Stock Market Today

Western Midstream (WES) closed the most recent trading day at $38.86, moving +1.46% from the previous trading session.

Why Western Midstream (WES) Outpaced the Stock Market Today

2 Top Dividend Payers For +9% Income In 2024

In fitness and finance, you need diligence, patience, and discipline. Steady dividends, combined with the power of compounding, are key to achieving exceptional financial success. We discuss our top picks with up to 10.5% yields.

2 Top Dividend Payers For +9% Income In 2024

See News Rankings

Charts implemented using Lightweight Charts™