NYSE:WESOil and Gas
Is Western Midstream Partners (WES) Fully Valued After Its Solitude Pipeline Joint Venture?
Western Midstream Partners (WES) is drawing attention after joining the Solitude Pipeline System joint venture. The venture has approved construction of two long-haul natural gas pipelines from the Permian Basin to Katy, Texas.
For context, Western Midstream Partners’ share price has eased slightly in the past week, with a 7 day share price return of 1.73% and a 1 day move lower, even as the 90 day share price return of 11.52% and year to date gain of 20.37% point to building momentum. The 1...