NYSE:WESOil and Gas
A Look At Western Midstream Partners (WES) Valuation After Contract Resets With Occidental And ConocoPhillips
Western Midstream Partners (WES) has shaken up its Delaware Basin footprint by recasting key gas gathering and processing contracts with Occidental Petroleum into fixed-fee terms and by adding new fixed-fee agreements with ConocoPhillips.
See our latest analysis for Western Midstream Partners.
These contract resets and the recently affirmed quarterly distribution come as Western Midstream Partners’ share price trades at US$40.74, with a 30 day share price return of 4.11% and a 5 year total...