Western Midstream Partners
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 6,815 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
7%
downside
Avg. target
$39
2%
downside
High target
$41
3%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
RBC Capital Elvira Scotto 88% 1-year accuracy 28 / 32 met price target | 3%upside $41 | Sector Perform Reiterated | 9 Dec 2024 |
UBS Shneur Gershuni 80% 1-year accuracy 12 / 15 met price target | 7%downside $37 | Neutral Maintained | 15 Nov 2024 |
Morgan Stanley Robert Kad 64% 1-year accuracy 9 / 14 met price target | 0%upside $40 | Underweight Downgraded | 25 Oct 2024 |
Financial journalist opinion
Based on 8 articles about WES published over the past 30 days
Positive
Seeking Alpha
3 days 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.
Neutral
Zacks Investment Research
1 week 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.
Neutral
Zacks Investment Research
2 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.
Positive
Investors Business Daily
3 weeks 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.
Positive
Seeking Alpha
3 weeks 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.
Positive
The Motley Fool
3 weeks 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%.
Positive
Seeking Alpha
3 weeks 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.
Positive
Seeking Alpha
4 weeks ago
Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow
By many measures, WES is undervalued for a Permian-focused midstream company. The company's growth rate may be slowing, but is far from a standstill. 2025 is projected to a respectable mid-single digit growth rate. This underpins my price target of $46/unit. For income-oriented investors, WES presents a compelling opportunity to harvest a nearly 9% yield with potential upside from special distributions and moderate distribution growth in 2025.
Neutral
Seeking Alpha
1 month ago
How Donald Trump's Tariffs Could Impact High-Yield Stocks
President-elect Donald Trump's proposed tariffs have ignited significant uncertainty for the economy and markets. We take a look at how they will likely impact various high-yield sectors. We also share some of our top picks of the moment.
Neutral
Seeking Alpha
1 month ago
Who Said ~ 9% Yields Cannot Grow Further? Consider These 2 Picks
Usually, high yields come with high chances of falling into a value trap. It is very difficult to find truly protected yields. It is even more difficult to combine yield protection with income growth.
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