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Insights Into Western Midstream (WES) Q1: Wall Street Projections for Key Metrics
ZACKS· 2025-05-06 14:20
Analysts on Wall Street project that Western Midstream (WES) will announce quarterly earnings of $0.83 per share in its forthcoming report, representing a decline of 43.5% year over year. Revenues are projected to reach $945.11 million, increasing 6.5% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's ...
WESTERN MIDSTREAM ANNOUNCES APPOINTMENT OF ROBERT G. PHILLIPS AS INDEPENDENT DIRECTOR
Prnewswire· 2025-05-05 11:00
HOUSTON, May 5, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that Robert G. (Bob) Phillips has been appointed as an independent member of its general partner's board of directors. Mr. Phillips brings more than 47 years of experience and leadership in the midstream industry to the board, having recently retired as the Founder, Chairman, and Chief Executive Officer of Crestwood Equity Partners LP ("Crestwood") following its successful merger with ...
9.5% Yields, 4% Hike, Triple Market Returns: Western Midstream
Seeking Alpha· 2025-05-01 11:35
Warren Buffett is famously remembered for saying he likes toll bridges, not necessarily to cross them, but because of their ability to command the price that others are going to pay and having few alternatives. If you want toHigh Dividend Opportunities, #1 On Seeking AlphaSave yourself thousands of dollars by creating a portfolio that pays you to hold it. No selling required to fund your retirement dreams. Tired of going it alone or visiting a financial advisor who just doesn't seem to care? Join our lively ...
WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALL
Prnewswire· 2025-04-21 20:15
HOUSTON, April 21, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the first quarter of 2025, or $3.64 per unit on an annualized basis, which represents a 4-percent increase over the prior quarter's distribution, and is in-line with WES's previously announced expectations. WES's first-quarter 2025 distribution is payable on May 15, 2025 ...
Western Midstream (WES) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-04-17 23:20
Company Performance - Western Midstream's stock closed at $38.13, reflecting a +1.98% increase, outperforming the S&P 500's gain of 0.13% on the same day [1] - The stock has experienced a decline of 10.64% over the past month, which is worse than the Oils-Energy sector's loss of 9.42% and the S&P 500's loss of 6.3% [1] Financial Projections - The upcoming earnings per share (EPS) for Western Midstream is projected to be $0.83, indicating a significant decrease of 43.54% from the same quarter last year [2] - Revenue is expected to reach $945.11 million, showing a growth of 6.46% compared to the corresponding quarter of the previous year [2] Annual Estimates - For the entire year, the Zacks Consensus Estimates forecast earnings of $3.42 per share and revenue of $3.79 billion, reflecting changes of -14.93% and +5.21% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the company's business performance and profit potential [3] Valuation Metrics - Western Midstream's Forward P/E ratio stands at 10.94, which is below the industry average Forward P/E of 19.1, indicating a valuation discount [6] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, to which Western Midstream belongs, has a Zacks Industry Rank of 52, placing it in the top 21% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Western Midstream at 3 (Hold) [5] - The Zacks Consensus EPS estimate has increased by 0.24% in the past month, reflecting a slight positive sentiment among analysts [5]
Western Midstream: Buy This 9.5% Yield While The Market Panics
Seeking Alpha· 2025-04-08 03:57
Group 1 - Western Midstream Partners (NYSE: WES) has experienced a significant valuation drawdown recently, presenting a new opportunity for dividend investors to establish a position in this leading midstream platform [1] - The article emphasizes that Western Midstream Partners should not be overlooked by investors seeking dividend opportunities [1] Group 2 - The article does not provide any additional relevant content regarding the industry or company beyond the key points mentioned above [2]
Western Midstream (WES) Laps the Stock Market: Here's Why
ZACKS· 2025-04-02 23:20
Western Midstream (WES) closed the most recent trading day at $41.61, moving +1.41% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.67%. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, added 0.87%.The the stock of oil and gas transportation and storage company has risen by 5.99% in the past month, leading the Oils-Energy sector's gain of 3.06% and the S&P 500's loss of 5.28%.Market participants will be closely following the financial res ...
Western Midstream (WES) Up 2.8% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-03-28 16:35
A month has gone by since the last earnings report for Western Midstream (WES) . Shares have added about 2.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Western Midstream due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?I ...
Western Midstream Can Continue To Afford Its Leading Dividend
Seeking Alpha· 2025-03-27 12:24
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Western Midstream (NYSE: WES ) is a large midstream company worth more than $15 billion, well paired with Occidental Petroleum ( OXY ). The company has ou ...
Western Midstream (WES) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-03-24 23:05
Core Viewpoint - Western Midstream is facing a significant decline in earnings per share (EPS) while experiencing a modest increase in revenue, indicating potential challenges ahead for the company [3][4]. Company Performance - The stock price of Western Midstream closed at $41.37, reflecting a slight increase of +0.24% from the previous trading day, which is lower than the S&P 500's daily gain of 1.77% [1]. - Over the last month, the company's shares increased by 0.34%, which is below the Oils-Energy sector's gain of 0.43% and outperformed the S&P 500's loss of 5.73% [2]. Earnings Estimates - Analysts anticipate an EPS of $0.83 for the upcoming earnings disclosure, representing a 43.54% decline compared to the same quarter last year [3]. - The consensus estimate projects revenue of $945.11 million, reflecting a 6.46% increase from the equivalent quarter last year [3]. Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates project earnings of $3.41 per share and revenue of $3.79 billion, indicating changes of -15.17% and +5.21%, respectively, from the prior year [4]. Analyst Sentiment - Recent changes to analyst estimates for Western Midstream suggest a favorable outlook on the company's business health and profitability, as positive revisions often reflect improved short-term business dynamics [5]. Valuation Metrics - Western Midstream is currently trading at a Forward P/E ratio of 12.11, which is a discount compared to the industry's average Forward P/E of 23.29 [8]. - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector and currently holds a Zacks Industry Rank of 163, placing it in the bottom 36% of over 250 industries [8].