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Western Midstream Partners NYSE:WES Stock Report

Last Price

US$35.94

Market Cap

US$13.5b

7D

4.4%

1Y

34.7%

Updated

24 Apr, 2024

Data

Company Financials +

Western Midstream Partners, LP

NYSE:WES Stock Report

Market Cap: US$13.5b

WES Stock Overview

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States.

WES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends5/6

Western Midstream Partners, LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Midstream Partners
Historical stock prices
Current Share PriceUS$35.94
52 Week HighUS$36.79
52 Week LowUS$24.89
Beta2.78
1 Month Change4.20%
3 Month Change22.91%
1 Year Change34.66%
3 Year Change76.44%
5 Year Change14.86%
Change since IPO28.36%

Recent News & Updates

Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company

Apr 03

Western Midstream: Redlining The Balance Sheet

Mar 16

Western Midstream's Recent Strength Doesn't Change The Thesis

Mar 05

Recent updates

Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company

Apr 03

Western Midstream: Redlining The Balance Sheet

Mar 16

Western Midstream's Recent Strength Doesn't Change The Thesis

Mar 05

My Income Climbed 52%, More Capital Gains Ahead: Western Midstream

Feb 28

Western Midstream: The Breakout Is Here And It's Likely Not Over

Feb 22

Natural Gas Demand Is Soaring: Earn +8% Yields From Western Midstream

Dec 26

Finding Diamonds In The Rough: Uncovering Dividend Gems

Dec 15
Finding Diamonds In The Rough: Uncovering Dividend Gems

Western Midstream Partners: Latest Actions Should Drive A Breakout

Nov 02

Western Midstream: Meritage Acquisition Should Drive Growth

Oct 26

Western Midstream's Lack Of Appreciation Is Your Opportunity

Oct 01

Western Midstream Partners LP: Strong And Reliable Yield For The Dividend-Oriented Investor

Sep 25

Western Midstream Partners: Guidance Doesn't Reflect Long-Term Opportunity

Aug 13

Western Midstream Partners LP: Occidental Benefits

Jul 24

Western Midstream: Steady Performer Remains A Buy

Jul 13

Western Midstream: Leading The Pack In Midstream

Jun 13

Western Midstream: Buy The Dip

Jun 06

Western Midstream: Untapped Potential

Feb 21

Western Midstream Partners declares $0.50 dividend

Jan 20

Western Midstream: Growth Moderating, Bonds Looking Competitive

Nov 04

Western Midstream Partners goes ex-dividend tomorrow

Oct 27

Western Midstream Partners: A 12% Distribution Yield Could Be Coming Soon

Sep 10

Western Midstream: A Double-Digit Yielding Investment For Any Retirement Portfolio

Aug 08

Western Midstream Partners goes ex-dividend tomorrow

Jul 28

Western Midstream: Still Cheap Despite Operational Strides And Outperformance

May 26

Western Midstream: New Deals Speed Up Growth

May 12

Western Midstream Is An Important Core Holding For Any Portfolio

Apr 04

Western Midstream Partners: Big Payouts In The Pipeline

Feb 25

Western Midstream Is Rewarding Shareholders On All Fronts

Jan 26

Western Midstream Has Continued Appreciation Potential

Nov 30

Western Midstream Partners: Distribution Growth Set To Accelerate In 2022 And Beyond

Oct 24

Western Midstream Partners: Cash Flow Machine Just Getting Started

Aug 12

Pounding The Table For Western Midstream Partners

Jun 02

Western Midstream Partners Q1 2021 Earnings Preview

May 09

Western Midstream Partners: Undervalued And Growing Top And Bottom Lines

Dec 15

Shareholder Returns

WESUS Oil and GasUS Market
7D4.4%2.4%1.2%
1Y34.7%16.2%24.9%

Return vs Industry: WES exceeded the US Oil and Gas industry which returned 16% over the past year.

Return vs Market: WES exceeded the US Market which returned 24.7% over the past year.

Price Volatility

Is WES's price volatile compared to industry and market?
WES volatility
WES Average Weekly Movement4.4%
Oil and Gas Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: WES has not had significant price volatility in the past 3 months.

Volatility Over Time: WES's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,377Michael Urewww.westernmidstream.com

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.

Western Midstream Partners, LP Fundamentals Summary

How do Western Midstream Partners's earnings and revenue compare to its market cap?
WES fundamental statistics
Market capUS$13.55b
Earnings (TTM)US$998.53m
Revenue (TTM)US$3.11b

13.7x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WES income statement (TTM)
RevenueUS$3.11b
Cost of RevenueUS$927.13m
Gross ProfitUS$2.18b
Other ExpensesUS$1.18b
EarningsUS$998.53m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)2.62
Gross Margin70.16%
Net Profit Margin32.14%
Debt/Equity Ratio259.7%

How did WES perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

85%

Payout Ratio

Does WES pay a reliable dividends?

See WES dividend history and benchmarks
When do you need to buy WES by to receive an upcoming dividend?
Western Midstream Partners dividend dates
Ex Dividend DateApr 30 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend5 days
Days until Dividend pay date20 days

Does WES pay a reliable dividends?

See WES dividend history and benchmarks
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