Lowest-Rated StocksLowest-RatedNYSE:WES Western Midstream Partners (WES) Stock Price, News & Analysis → The 2024 Gold Rush: Unleashing Market Potential (From Priority Gold) (Ad) Free WES Stock Alerts $37.49 -0.41 (-1.08%) (As of 02:15 PM ET) Add Compare Share Share Today's Range$37.15▼$38.0850-Day Range$33.55▼$37.9052-Week Range$25.04▼$38.08Volume551,225 shsAverage Volume1.26 million shsMarket Capitalization$14.26 billionP/E Ratio10.56Dividend Yield9.34%Price Target$31.09 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/Downside16.6% Downside$31.09 Price TargetShort InterestBearish3.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 20 Articles This WeekInsider TradingAcquiring Shares$324,895 Bought Last QuarterProj. Earnings Growth-3.02%From $3.64 to $3.53 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.2.06 out of 5 starsOils/Energy Sector155th out of 243 stocksNatural Gas Transmission Industry13th out of 18 stocks 2.1 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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Western Midstream Partners' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.61% 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 5.3.Change versus previous monthShort interest in Western Midstream Partners has recently increased by 8.76%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Midstream Partners is a leading dividend payer. It pays a dividend yield of 9.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Midstream Partners has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Western Midstream Partners is 98.59%. 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 99.15% in the coming year. This indicates that Western Midstream Partners may not be able to sustain their current dividend.Read more about Western Midstream Partners' 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 2.9 News and Social Media Coverage News SentimentWestern Midstream Partners has a news sentiment score of 0.31. 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 lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Western Midstream Partners this week, compared to 4 articles on an average week.Search Interest36 people have searched for WES on MarketBeat in the last 30 days. This is an increase of 177% compared to the previous 30 days.MarketBeat Follows11 people have added Western Midstream Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 38% 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.Read more about Western Midstream Partners' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Western Midstream Partners are expected to decrease by -3.02% in the coming year, from $3.64 to $3.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Midstream Partners is 10.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Midstream Partners is 10.51, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.61.Price to Book Value per Share RatioWestern Midstream Partners has a P/B Ratio of 4.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Western Midstream Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThis is the best new way to score with AIIf you thought that you missed your chance to score big on AI, I have great news. A rare second profit window is starting to open.Click now for the best way into the newest AI projects 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 HeadlinesMay 13 at 7:00 AM | prnewswire.comWESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER POST-EARNINGS INTERVIEW WITH CHIEF FINANCIAL OFFICER, KRISTEN SHULTS AND SVP, SOUTHERN OPERATIONS, DANNY HOLDERMANMay 13 at 5:28 AM | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Western Midstream Partners (WES)May 13 at 4:12 AM | fool.comBillionaires Can't Stop Buying These 3 Energy Stocks. Should You Join Them?May 13 at 1:10 AM | americanbankingnews.comQ2 2024 Earnings Forecast for Western Midstream Partners, LP Issued By Capital One Financial (NYSE:WES)May 12 at 3:30 AM | americanbankingnews.comWestern Midstream Partners (NYSE:WES) Stock Rating Upgraded by StockNews.comMay 11, 2024 | fool.comBillionaire Bond King Bill Gross Says This 10% Ultra-High-Yield Dividend Stock Is "Best of the Bunch" For Pipeline Master Limited PartnershipsMay 11, 2024 | americanbankingnews.comWestern Midstream Partners, LP (NYSE:WES) Receives Consensus Recommendation of "Hold" from AnalystsMay 10, 2024 | finance.yahoo.comWestern Midstream Partners LP Surpasses Analyst Expectations with Record Q1 2024 EarningsMay 10, 2024 | ca.finance.yahoo.comQ1 2024 Western Midstream Partners LP Earnings CallMay 9, 2024 | finanznachrichten.deWestern Midstream Partners, LP: Western Midstream Announces First-quarter 2024 ResultsMay 9, 2024 | finance.yahoo.comDecoding Western Midstream Partners LP (WES): A Strategic SWOT InsightMay 9, 2024 | americanbankingnews.comWestern Midstream Partners (NYSE:WES) PT Raised to $39.00 at MizuhoMay 8, 2024 | prnewswire.comWESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 RESULTSMay 8, 2024 | americanbankingnews.comWestern Midstream Partners (NYSE:WES) Sees Unusually-High Trading Volume Following Analyst UpgradeMay 5, 2024 | fool.comThis Billionaire Is Selling This Magnificent Dividend Stock: Here Are 3 Other Higher-Yielding Dividend Stocks He Likes InsteadMay 1, 2024 | finance.yahoo.comOGE Energy Corp. Misses Q1 Earnings Expectations, Aligns with Revenue ForecastsApril 29, 2024 | msn.comYou Could Buy the Entire Fisker Company for Less Than the Founder's Home CostsApril 29, 2024 | fool.comThis Billionaire Is Pounding the Table For These Ultra-High-Yield Dividend StocksApril 26, 2024 | msn.comBillionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocksApril 23, 2024 | markets.businessinsider.comRBC Capital Remains a Hold on Western Midstream Partners (WES)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 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 CompanySee 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 5/15 Dividend4/30/2024Last Earnings5/08/2024Today5/15/2024Dividend Payable5/15/2024Next Earnings (Estimated)8/13/2024Fiscal 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$31.09 High Stock Price Target$39.00 Low Stock Price Target$25.00 Potential Upside/Downside-18.0%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio10.68 Forward P/E Ratio10.41 P/E GrowthN/ANet Income$1.02 billion Net Margins42.50% Pretax Margin43.87% Return on Equity44.76% Return on Assets11.65% Debt Debt-to-Equity Ratio2.15 Current Ratio1.51 Quick Ratio1.51 Sales & Book Value Annual Sales$3.11 billion Price / Sales4.64 Cash Flow$4.39 per share Price / Cash Flow8.64 Book Value$8.87 per share Price / Book4.27Miscellaneous Outstanding Shares380,480,000Free Float380,332,000Market Cap$14.42 billion OptionableOptionable Beta2.82 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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:AMDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCEquitrans MidstreamNYSE:ETRNView All CompetitorsInsiders & InstitutionsWestwood Holdings Group Inc.Bought 24,377 shares on 5/14/2024Ownership: 0.476%Advisors Asset Management Inc.Sold 8,878 shares on 5/14/2024Ownership: 0.019%Axxcess Wealth Management LLCSold 9,000 shares on 5/14/2024Ownership: 0.002%Clearbridge Investments LLCSold 61,000 shares on 5/13/2024Ownership: 1.276%Banco Santander S.A.Bought 1,238 shares on 5/10/2024Ownership: 0.004%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 year. 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 brokerages have issued twelve-month price objectives for Western Midstream Partners' stock. Their WES share price targets range from $25.00 to $39.00. On average, they expect the company's share price to reach $31.09 in the next twelve months. This suggests that the stock has a possible downside of 16.6%. 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 at the beginning of the year. Since then, WES shares have increased by 27.5% and is now trading at $37.30. View the best growth stocks for 2024 here. When is Western Midstream Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our WES earnings forecast. How were Western Midstream Partners' earnings last quarter? Western Midstream Partners, LP (NYSE:WES) released its quarterly earnings data on Wednesday, May, 8th. The pipeline company reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.62. The pipeline company had revenue of $887.73 million for the quarter, compared to analysts' expectations of $868.22 million. Western Midstream Partners had a net margin of 42.50% and a trailing twelve-month return on equity of 44.76%. The company's quarterly revenue was up 20.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 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. Shareholders of record on Wednesday, May 1st will be paid a dividend of $0.875 per share on Wednesday, May 15th. This represents a $3.50 annualized dividend and a dividend yield of 9.38%. The ex-dividend date of this dividend is Tuesday, April 30th. This is a boost 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 9.43%. WES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 98.59%. 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 99.15% 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), Amplify Natural Resources Dividend Income ETF (NDIV) and ASYMmetric Smart Alpha S&P 500 ETF (ZSPY). 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%), Clearbridge Investments LLC (1.28%), Mirae Asset Global Investments Co. Ltd. (1.17%), Kayne Anderson Capital Advisors LP (1.09%), Jennison Associates LLC (0.51%) and Westwood Holdings Group Inc. (0.48%). 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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