Q1 Earnings Forecast for WES Issued By US Capital Advisors

Western Midstream Partners, LP (NYSE:WESFree Report) – Stock analysts at US Capital Advisors upped their Q1 2025 EPS estimates for shares of Western Midstream Partners in a report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.87 for the quarter, up from their prior estimate of $0.84. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for Western Midstream Partners’ current full-year earnings is $4.02 per share.

Western Midstream Partners (NYSE:WESGet Free Report) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.09). Western Midstream Partners had a net margin of 42.99% and a return on equity of 46.02%. The business had revenue of $883.36 million during the quarter, compared to analyst estimates of $924.83 million. During the same quarter last year, the company posted $0.70 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis.

A number of other research firms also recently commented on WES. UBS Group dropped their price target on Western Midstream Partners from $40.00 to $37.00 and set a “neutral” rating for the company in a research note on Friday, November 15th. Bank of America began coverage on shares of Western Midstream Partners in a research report on Thursday, October 17th. They issued an “underperform” rating and a $37.00 target price on the stock. StockNews.com downgraded shares of Western Midstream Partners from a “strong-buy” rating to a “buy” rating in a report on Monday, October 28th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $41.00 target price on shares of Western Midstream Partners in a report on Monday, December 9th. Finally, Morgan Stanley cut shares of Western Midstream Partners from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $42.00 to $40.00 in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $37.88.

Get Our Latest Stock Report on Western Midstream Partners

Western Midstream Partners Trading Down 2.0 %

Shares of WES stock opened at $40.41 on Thursday. The stock has a market cap of $15.38 billion, a P/E ratio of 10.31, a price-to-earnings-growth ratio of 1.38 and a beta of 2.88. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.05. The stock has a 50 day simple moving average of $40.17 and a 200 day simple moving average of $39.13. Western Midstream Partners has a 1 year low of $27.87 and a 1 year high of $43.33.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC bought a new stake in Western Midstream Partners in the 4th quarter worth about $51,000. Empowered Funds LLC bought a new stake in Western Midstream Partners during the fourth quarter worth $53,000. Farther Finance Advisors LLC raised its stake in shares of Western Midstream Partners by 287.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,437 shares of the pipeline company’s stock worth $55,000 after purchasing an additional 1,066 shares during the period. Kieckhefer Group LLC bought a new stake in Western Midstream Partners in the fourth quarter worth about $58,000. Finally, Avondale Wealth Management bought a new position in shares of Western Midstream Partners during the 4th quarter valued at approximately $77,000. Hedge funds and other institutional investors own 84.82% of the company’s stock.

Western Midstream Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a $0.875 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $3.50 annualized dividend and a yield of 8.66%. Western Midstream Partners’s payout ratio is 89.29%.

About Western Midstream Partners

(Get Free Report)

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.

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Earnings History and Estimates for Western Midstream Partners (NYSE:WES)

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