NYSE:WES Western Midstream Partners (WES) Stock Price, News & Analysis → The Hard Truth About Investing For Retirement (From Insiders Exposed) (Ad) Free WES Stock Alerts $35.95 +0.35 (+0.98%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$35.45▼$36.0050-Day Range$28.06▼$36.0352-Week Range$24.89▼$36.79Volume762,679 shsAverage Volume881,190 shsMarket Capitalization$13.68 billionP/E Ratio13.83Dividend Yield6.40%Price Target$30.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Western Midstream Partners alerts: Email Address Western Midstream Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside14.8% Downside$30.64 Price TargetShort InterestHealthy3.04% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 10 Articles This WeekInsider TradingAcquiring Shares$324,895 Bought Last QuarterProj. Earnings Growth2.33%From $3.44 to $3.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.99 out of 5 starsOils/Energy Sector155th out of 229 stocksNatural Gas Transmission Industry13th out of 18 stocks 1.1 Analyst's Opinion Consensus RatingWestern Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 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. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.04% 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 4.4.Change versus previous monthShort interest in Western Midstream Partners has recently decreased by 19.75%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 6.50%, 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 134.62%. 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 99.43% in the coming year. This indicates that Western Midstream Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WES. Previous Next 2.7 News and Social Media Coverage News SentimentWestern Midstream Partners has a news sentiment score of 0.78. 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 higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Western Midstream Partners this week, compared to 4 articles on an average week.Search InterestOnly 17 people have searched for WES on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Western Midstream Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $324,895.00 in company stock and sold $0.00 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Western Midstream Partners are expected to grow by 2.33% in the coming year, from $3.44 to $3.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 13.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 13.83, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.57.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Western Midstream Partners Stock (NYSE:WES)Western 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 WES Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WES Stock News HeadlinesApril 4, 2024 | marketbeat.comInsider Buying Is Bullish For These Dividends Up To 7.5%April 23, 2024 | markets.businessinsider.comRBC Capital Remains a Hold on Western Midstream Partners (WES)April 25, 2024 | Schaeffer’s Research (Ad)Just Released: Insider's Secret to Trading OptionsThis Surprisingly Simple Formula Can Double Your Money Collecting Consistent Profits From The Stock Market Is More Accessible Than You Think A small group of individuals are using a legitimate yet rarely discussed strategy to generate income from the stock market. They're NOT day traders. And they're NOT Wall Street suits either. 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This overlooked income source can be yours today.April 20, 2024 | americanbankingnews.comWolfe Research Upgrades Western Midstream Partners (NYSE:WES) to "Peer Perform"April 19, 2024 | msn.comWestern Midstream Partners raises dividend by 52.2% to $0.875April 18, 2024 | msn.comWilliams downgraded, Western Midstream raised at Mizuho in pipeline rating switchApril 18, 2024 | prnewswire.comWESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALLApril 16, 2024 | americanbankingnews.comWestern Midstream Partners, LP (NYSE:WES) Given Average Rating of "Hold" by BrokeragesApril 25, 2024 | Schaeffer’s Research (Ad)Just Released: Insider's Secret to Trading OptionsThis Surprisingly Simple Formula Can Double Your Money Collecting Consistent Profits From The Stock Market Is More Accessible Than You Think A small group of individuals are using a legitimate yet rarely discussed strategy to generate income from the stock market. They're NOT day traders. And they're NOT Wall Street suits either. I'm talking about normal "working stiffs" and retirees generating steady income from a source that 99% of investors completely overlook. This overlooked income source can be yours today.April 11, 2024 | msn.comPipeline Company Entices Investors With 6.5% Yield, Partners With Warren Buffett CompanyApril 11, 2024 | investors.comPipeline Company Entices Investors With 6.5% Yield, Partners With Warren Buffett CompanyApril 10, 2024 | seekingalpha.comONEOK: A Solid Distribution Play With A 5% YieldApril 10, 2024 | msn.comWhy Billionaire Bill Gross Loves These 3 High-Yield Dividend StocksApril 10, 2024 | fool.comWhy Billionaire Bill Gross Loves These 3 High-Yield Dividend StocksApril 5, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Energy Stocks: Enterprise Products Partners (EPD), HF Sinclair Corporation (DINO)April 4, 2024 | msn.com5 Top Warren Buffett Stocks That Will Remain Long After He’s GoneApril 4, 2024 | fool.comThis 6.9%-Yielding Dividend Stock Just Can't Stop Adding More Fuel to Its Growth EngineApril 1, 2024 | benzinga.comPeering Into Western Midstream's Recent Short InterestMarch 26, 2024 | fool.comThis Famous Billionaire Investor Likes This Relatively Unknown Ultra-High-Yield Dividend StockMarch 24, 2024 | forbes.comThree Dividends Up To 7% With Big Insider BuyingMarch 23, 2024 | seekingalpha.comWES Western Midstream Partners, LP Common UnitsMarch 16, 2024 | finance.yahoo.comWES Apr 2024 36.000 callMarch 16, 2024 | finance.yahoo.comWES Apr 2024 32.000 putMarch 7, 2024 | finance.yahoo.comWES Nov 2024 30.000 callMarch 7, 2024 | finance.yahoo.comWES Nov 2024 32.000 callMarch 5, 2024 | seekingalpha.comWestern Midstream's Recent Strength Doesn't Change The ThesisMarch 2, 2024 | finance.yahoo.comWestern Midstream Partners LP (WES) Sees Insider Buying from President & CEO Michael UreSee More Headlines Receive WES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Midstream Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/13 Dividend1/31/2024Dividend Payable2/13/2024Last Earnings2/21/2024Today4/25/2024Ex-Dividend for 5/15 Dividend4/30/2024Next Earnings (Confirmed)5/08/2024Dividend Payable5/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A 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$30.64 High Stock Price Target$36.00 Low Stock Price Target$25.00 Potential Upside/Downside-14.8%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.60 Trailing P/E Ratio13.83 Forward P/E Ratio10.45 P/E GrowthN/ANet Income$1.02 billion Net Margins32.72% Pretax Margin33.88% Return on Equity33.58% Return on Assets8.76% Debt Debt-to-Equity Ratio2.40 Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$3.11 billion Price / Sales4.40 Cash Flow$4.33 per share Price / Cash Flow8.31 Book Value$7.98 per share Price / Book4.51Miscellaneous Outstanding Shares380,480,000Free Float380,332,000Market Cap$13.68 billion OptionableOptionable Beta2.83 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Michael P. Ure (Age 46)President, CEO & Director - Western Midstream Holdings LLC Comp: $2.93MMs. Kristen S. Shults (Age 39)Senior VP & CFO - Western Midstream Holdings LLC Comp: $1.61MMr. Christopher B. Dial (Age 46)Senior VP, General Counsel & Corporate Secretary of Western Midstream Holdings, LLC Comp: $1.44MMr. Robert W. Bourne (Age 68)Senior VP & Chief Commercial Officer of Western Midstream Holdings, LLC Comp: $1.48MMr. Alejandro O. Nebreda (Age 49)Senior Vice President of Business Services - Western Midstream Holdings LLC Comp: $1.41MMs. Catherine A. Green (Age 49)Senior VP & Chief Accounting Officer of Western Midstream Holdings, LLC Comp: $1.43MMr. Keith HerndonVP & Chief Information OfficerMr. Daniel Edwards Jenkins IVDirector of Investor Relations - Western Midstream Holdings LLCMr. Jonathan A. GreenbergVice President of Corporate Development - Western Midstream Holdings LLCMs. Crystal J. SledSenior VP of Human Capital Mgmt., Diversity, Equity, & Inclusion - Western Midstream Holdings LLCMore ExecutivesKey CompetitorsAntero MidstreamNYSE:AMEnLink MidstreamNYSE:ENLCDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEquitrans MidstreamNYSE:ETRNView All CompetitorsInsiders & InstitutionsCUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENTSold 15,575 shares on 4/24/2024Ownership: 0.388%Raymond James Financial Services Advisors Inc.Bought 7,188 shares on 4/23/2024Ownership: 0.102%Hall Laurie J TrusteeSold 500 shares on 4/23/2024Ownership: 0.000%GraniteShares Advisors LLCBought 7,588 shares on 4/22/2024Ownership: 0.016%Maryland State Retirement & Pension SystemBought 2,556 shares on 4/20/2024Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions WES Stock Analysis - Frequently Asked Questions Should I buy or sell Western Midstream Partners stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WES, but not buy additional shares or sell existing shares. View WES analyst ratings or view top-rated stocks. What is Western Midstream Partners' stock price target for 2024? 12 analysts have issued twelve-month price objectives for Western Midstream Partners' shares. Their WES share price targets range from $25.00 to $36.00. On average, they predict the company's share price to reach $30.64 in the next year. This suggests that the stock has a possible downside of 14.8%. View analysts price targets for WES or view top-rated stocks among Wall Street analysts. How have WES shares performed in 2024? Western Midstream Partners' stock was trading at $29.26 on January 1st, 2024. Since then, WES shares have increased by 22.9% and is now trading at $35.95. View the best growth stocks for 2024 here. Are investors shorting Western Midstream Partners? Western Midstream Partners saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,850,000 shares, a decrease of 19.8% from the March 15th total of 7,290,000 shares. Based on an average daily trading volume, of 1,320,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 3.0% of the shares of the stock are short sold. View Western Midstream Partners' Short Interest. When is Western Midstream Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our WES earnings forecast. How can I listen to Western Midstream Partners' earnings call? Western Midstream Partners will be holding an earnings conference call on Thursday, May 9th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Western Midstream Partners' earnings last quarter? Western Midstream Partners, LP (NYSE:WES) posted its quarterly earnings data on Wednesday, February, 21st. The pipeline company reported $0.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by $0.04. The pipeline company earned $858.21 million during the quarter, compared to analyst estimates of $850.23 million. Western Midstream Partners had a net margin of 32.72% and a trailing twelve-month return on equity of 33.58%. The business's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 earnings per share. How often does Western Midstream Partners pay dividends? What is the dividend yield for Western Midstream Partners? Western Midstream Partners announced a quarterly dividend on Thursday, April 18th. Stockholders of record on Wednesday, May 1st will be given a dividend of $0.875 per share on Wednesday, May 15th. This represents a $3.50 annualized dividend and a yield of 9.74%. The ex-dividend date is Tuesday, April 30th. This is a positive change from the stock's previous quarterly dividend of $0.58. Read our dividend analysis for WES. Is Western Midstream Partners a good dividend stock? Western Midstream Partners (NYSE:WES) pays an annual dividend of $3.50 per share and currently has a dividend yield of 6.50%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 134.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, WES will have a dividend payout ratio of 99.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for WES. What ETFs hold Western Midstream Partners' stock? ETFs with the largest weight of Western Midstream Partners (NYSE:WES) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), First Trust Natural Gas ETF (FCG), Global X MLP & Energy Infrastructure ETF (MLPX), GraniteShares HIPS US High Income ETF (HIPS), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY) and Pacer American Energy Independence ETF (USAI). What other stocks do shareholders of Western Midstream Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Pfizer (PFE), Johnson & Johnson (JNJ), AbbVie (ABBV) and Broadcom (AVGO). Who are Western Midstream Partners' major shareholders? Western Midstream Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (1.75%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.39%), Miller Howard Investments Inc. NY (0.37%), Raymond James Financial Services Advisors Inc. (0.10%), Maryland State Retirement & Pension System (0.04%) and GraniteShares Advisors LLC (0.02%). Insiders that own company stock include Kenneth F Owen, Lisa A Stewart, Petroleum Corp /De/ Occidental and Robert W Bourne. 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. 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