
Western Midstream Partners, LP (NYSE:WES – Free Report) – US Capital Advisors boosted their FY2026 earnings per share estimates for Western Midstream Partners in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $3.61 per share for the year, up from their prior forecast of $3.56. US Capital Advisors currently has a “Strong-Buy” rating on the stock. The consensus estimate for Western Midstream Partners’ current full-year earnings is $3.63 per share. US Capital Advisors also issued estimates for Western Midstream Partners’ Q2 2027 earnings at $0.96 EPS, Q3 2027 earnings at $0.97 EPS, Q4 2027 earnings at $0.98 EPS, FY2027 earnings at $3.84 EPS and FY2028 earnings at $4.18 EPS.
A number of other analysts have also weighed in on WES. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Western Midstream Partners in a research note on Tuesday, July 21st. Stifel Nicolaus set a $46.00 target price on shares of Western Midstream Partners and gave the company a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen lowered shares of Western Midstream Partners from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup increased their price target on Western Midstream Partners from $42.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. lifted their price objective on Western Midstream Partners from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.50.
Western Midstream Partners Stock Performance
Shares of NYSE WES opened at $48.77 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 2.02. Western Midstream Partners has a 12 month low of $36.90 and a 12 month high of $50.07. The company has a 50 day simple moving average of $45.78 and a two-hundred day simple moving average of $43.59. The stock has a market cap of $20.15 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 1.45 and a beta of 0.68.
Western Midstream Partners (NYSE:WES – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The pipeline company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.08. Western Midstream Partners had a net margin of 29.44% and a return on equity of 33.13%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company earned $0.87 EPS. Western Midstream Partners’s quarterly revenue was up 30.0% on a year-over-year basis.
Institutional Trading of Western Midstream Partners
Hedge funds have recently added to or reduced their stakes in the company. Alps Advisors Inc. increased its holdings in Western Midstream Partners by 0.9% in the fourth quarter. Alps Advisors Inc. now owns 35,074,357 shares of the pipeline company’s stock valued at $1,385,437,000 after buying an additional 299,631 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Western Midstream Partners by 0.3% during the 3rd quarter. Invesco Ltd. now owns 24,292,437 shares of the pipeline company’s stock worth $954,450,000 after acquiring an additional 81,183 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Western Midstream Partners by 10.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 9,562,213 shares of the pipeline company’s stock worth $377,707,000 after acquiring an additional 936,376 shares in the last quarter. Tortoise Capital Advisors L.L.C. grew its position in shares of Western Midstream Partners by 15.8% during the 4th quarter. Tortoise Capital Advisors L.L.C. now owns 8,539,175 shares of the pipeline company’s stock valued at $337,297,000 after acquiring an additional 1,163,991 shares during the period. Finally, Morgan Stanley grew its position in shares of Western Midstream Partners by 98.1% during the 4th quarter. Morgan Stanley now owns 5,446,475 shares of the pipeline company’s stock valued at $215,136,000 after acquiring an additional 2,696,439 shares during the period. 84.82% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Western Midstream Partners
In other news, Director Frederick A. Forthuber bought 5,140 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average cost of $48.62 per share, with a total value of $249,906.80. Following the acquisition, the director directly owned 5,140 shares in the company, valued at $249,906.80. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.04% of the stock is owned by insiders.
Western Midstream Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a dividend of $0.93 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $3.72 dividend on an annualized basis and a dividend yield of 7.6%. Western Midstream Partners’s dividend payout ratio (DPR) is presently 116.98%.
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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