Q1 Earnings Estimate for WES Issued By US Capital Advisors

Western Midstream Partners, LP (NYSE:WES) – Equities research analysts at US Capital Advisors lifted 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 forecast 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) last announced its 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). The company had revenue of $883.36 million for the quarter, compared to the consensus estimate of $924.83 million. Western Midstream Partners had a return on equity of 46.02% and a net margin of 42.99%. The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 EPS.

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

Western Midstream Partners Stock Performance

Shares of WES stock opened at $40.35 on Thursday. The company has a market capitalization of $15.36 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 1.38 and a beta of 2.88. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.11. The company 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 52 week low of $27.87 and a 52 week high of $43.33.

Western Midstream Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a $0.875 dividend. This represents a $3.50 annualized dividend and a dividend yield of 8.67%. The ex-dividend date of this dividend is Monday, February 3rd. Western Midstream Partners’s payout ratio is presently 89.29%.

Hedge Funds Weigh In On Western Midstream Partners

Several hedge funds and other institutional investors have recently made changes to their positions in WES. Truist Financial Corp raised its position in shares of Western Midstream Partners by 1.9% in the 2nd quarter. Truist Financial Corp now owns 22,508 shares of the pipeline company’s stock valued at $894,000 after buying an additional 421 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Western Midstream Partners during the 2nd quarter valued at approximately $694,000. SL Advisors LLC grew its holdings in shares of Western Midstream Partners by 4.1% during the 3rd quarter. SL Advisors LLC now owns 24,177 shares of the pipeline company’s stock valued at $925,000 after purchasing an additional 952 shares during the last quarter. Daymark Wealth Partners LLC grew its holdings in shares of Western Midstream Partners by 4.8% during the 3rd quarter. Daymark Wealth Partners LLC now owns 32,807 shares of the pipeline company’s stock valued at $1,255,000 after purchasing an additional 1,501 shares during the last quarter. Finally, BWM Planning LLC bought a new stake in shares of Western Midstream Partners during the 3rd quarter valued at approximately $1,084,000. 84.82% of the stock is currently owned by institutional investors and hedge funds.

Western Midstream Partners Company Profile

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.