Western Midstream Partners, LP (NYSE:WES – Free 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:WES – Get 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.
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
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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