
Western Midstream Partners, LP (NYSE:WES – Free Report) – Research analysts at US Capital Advisors reduced their FY2027 earnings per share estimates for Western Midstream Partners in a report issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $3.55 per share for the year, down from their prior forecast of $4.02. The consensus estimate for Western Midstream Partners’ current full-year earnings is $4.02 per share.
A number of other brokerages have also recently weighed in on WES. JPMorgan Chase & Co. reduced their price target on shares of Western Midstream Partners from $44.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, March 12th. Stifel Nicolaus reduced their target price on Western Midstream Partners from $43.00 to $42.00 and set a “hold” rating for the company in a report on Friday, February 20th. Wall Street Zen cut Western Midstream Partners from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Royal Bank Of Canada raised their price target on Western Midstream Partners from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Friday, November 28th. Finally, Wells Fargo & Company lifted their price target on Western Midstream Partners from $39.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Friday, March 13th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $41.71.
Western Midstream Partners Trading Down 0.6%
NYSE WES opened at $41.98 on Wednesday. The firm’s fifty day moving average price is $41.49 and its 200 day moving average price is $39.83. Western Midstream Partners has a 12 month low of $33.60 and a 12 month high of $44.74. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market capitalization of $16.53 billion, a price-to-earnings ratio of 13.99 and a beta of 0.76.
Western Midstream Partners (NYSE:WES – Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The pipeline company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.44). Western Midstream Partners had a return on equity of 33.14% and a net margin of 30.52%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the business posted $0.85 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year.
Western Midstream Partners Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend was Monday, February 2nd. Western Midstream Partners’s dividend payout ratio is presently 121.33%.
Insider Transactions at Western Midstream Partners
In other Western Midstream Partners news, Director Robert G. Phillips bought 1,250 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of $40.19 per share, for a total transaction of $50,237.50. Following the completion of the purchase, the director owned 5,296 shares of the company’s stock, valued at approximately $212,846.24. This represents a 30.89% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher B. Dial sold 5,879 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $42.35, for a total value of $248,975.65. Following the transaction, the senior vice president directly owned 185,011 shares in the company, valued at approximately $7,835,215.85. This represents a 3.08% decrease in their position. The SEC filing for this sale provides additional information. 0.04% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Eagle Bay Advisors LLC acquired a new position in shares of Western Midstream Partners in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Western Midstream Partners during the fourth quarter worth $27,000. Rothschild Investment LLC lifted its holdings in shares of Western Midstream Partners by 76.2% during the fourth quarter. Rothschild Investment LLC now owns 793 shares of the pipeline company’s stock worth $31,000 after purchasing an additional 343 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in Western Midstream Partners in the 4th quarter valued at $32,000. Finally, Global Wealth Strategies & Associates purchased a new position in Western Midstream Partners in the 4th quarter valued at $35,000. 84.82% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Western Midstream Partners
Here are the key news stories impacting Western Midstream Partners this week:
- Positive Sentiment: Seeking Alpha published a bullish buy thesis highlighting WES’s high distribution yield (they cite ~9%), an investment‑grade balance sheet and long‑term cash generation that could support the payout and upside for income investors. Article Title
- Neutral Sentiment: Consensus estimates for WES full‑year EPS remain around $4.02 — the market still has a higher baseline than the cuts from US Capital Advisors, so upside remains if guidance or results improve. MarketBeat WES
- Negative Sentiment: US Capital Advisors (analyst J. Carreker) issued broad downward revisions on 3/23: FY2026 EPS cut to $3.30 (from $3.69), FY2027 cut to $3.55 (from $4.02), and multiple quarterly cuts (e.g., Q1‑2026 to $0.79 from $0.89; Q2‑2026 to $0.82 from $0.93; Q3‑2026 to $0.83 from $0.92; Q4‑2026 to $0.86 from $0.95). Those revisions reduce near‑term earnings visibility and likely pressure the stock and dividend multiple. US Capital / MarketBeat summary
About Western Midstream Partners
Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.
The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.
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