Western Midstream Partners LP logo

WES - Western Midstream Partners LP Share Price

$7.79 -0.2  -2.6%

Last Trade - 01/10/20

Sector
Energy
Size
Large Cap
Market Cap £2.75bn
Enterprise Value £8.97bn
Revenue £2.20bn
Position in Universe 1356th / 6413
Bullish
Bearish
Unlock WES Revenue
Momentum
Relative Strength (%)
1m -6.74%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -68.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
1,533 1,752 1,804 2,430 2,300 2,746 2,498 2,580 +14.7%
+17.4 -86.2 +546.8 -20.9 +72.8 -39.1 +91.2 -3.08
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Western Midstream Partners LP revenues increased 7% to $1.45B. Net income applicable to common stockholders decreased 94% to $16.2M. Revenues reflect Service revenues fee based increase of 78% to $896.2M, Service revenues-product based increase of 50% to $3M. Net income was offset by Long-lived asset impairments increase from $1.2M to $165.9M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for WES
Graphical History

Revenue

WES Revenue Unlock WES Revenue

Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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DPS
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
WES EPS Forecasts Unlock WES Revenue
Profile Summary

Western Midstream Partners LP, formerly Western Gas Equity Partners, LP, is a limited partnership. The Company is formed to own approximately three types of partnership interests in Western Gas Partners, LP (WES). WES is an master limited partnership (MLP) engaged in the business of gathering, compressing, treating, processing and transporting natural gas, and gathering, stabilizing and transporting condensate, natural gas liquids (NGLs) and crude oil. WES provides these midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers. Its assets and investments are located in the Rocky Mountains (Colorado, Utah and Wyoming), North-central Pennsylvania and Texas. The Bison treating facility treats and compresses gas from coal-bed methane wells in the Powder River Basin of Wyoming. MIGC, LLC receives gas from various coal-bed methane gathering systems in the Powder River Basin and the Hilight system.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated September 11, 2007
Public Since December 7, 2012
No. of Shareholders: n/a
No. of Employees: n/a
Sector Energy
Industry Oil & Gas
Index
Exchange New York Stock Exchange
Shares in Issue 443,992,499
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WES Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for WES
Upcoming Events for WES
Monday 2nd November, 2020 Estimate
Q3 2020 Western Midstream Partners LP Earnings Release
Thursday 25th February, 2021 Estimate
Q4 2020 Western Midstream Partners LP Earnings Release
Frequently Asked Questions for Western Midstream Partners LP
What is the Western Midstream Partners LP share price?

As of 01/10/20, shares in Western Midstream Partners LP are trading at $7.79, giving the company a market capitalisation of £2.75bn. This share price information is delayed by 15 minutes.

How has the Western Midstream Partners LP share price performed this year?

Shares in Western Midstream Partners LP are currently trading at $7.79 and the price has moved by -67.62% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Western Midstream Partners LP price has moved by -71.97% over the past year.

What are the analyst and broker recommendations for Western Midstream Partners LP?

Of the analysts with advisory recommendations for Western Midstream Partners LP, there are there are currently 3 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Western Midstream Partners LP is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Western Midstream Partners LP next release its financial results?

Western Midstream Partners LP is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Western Midstream Partners LP dividend yield?

Western Midstream Partners LP does not currently pay a dividend.

Does Western Midstream Partners LP pay a dividend?

Western Midstream Partners LP does not currently pay a dividend.

When does Western Midstream Partners LP next pay dividends?

Western Midstream Partners LP does not currently pay a dividend.

How do I buy Western Midstream Partners LP shares?

To buy shares in Western Midstream Partners LP you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Western Midstream Partners LP?

Shares in Western Midstream Partners LP are currently trading at $7.79, giving the company a market capitalisation of £2.75bn.

Where are Western Midstream Partners LP shares listed? Where are Western Midstream Partners LP shares listed?

Here are the trading details for Western Midstream Partners LP:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: WES
What kind of share is Western Midstream Partners LP?

Based on an overall assessment of its quality, value and momentum, Western Midstream Partners LP is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Western Midstream Partners LP share price forecast 2020?

Shares in Western Midstream Partners LP are currently priced at $7.79. At that level they are trading at 0.595% discount to the analyst consensus target price of 0.00.

Analysts covering Western Midstream Partners LP currently have a consensus Earnings Per Share (EPS) forecast of 3.08 for the next financial year.

How can I tell whether the Western Midstream Partners LP share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Western Midstream Partners LP. Over the past six months, the relative strength of its shares against the market has been 99.65%. At the current price of $7.79, shares in Western Midstream Partners LP are trading at -26.38% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Western Midstream Partners LP PE Ratio?

The Western Midstream Partners LP PE ratio based on its reported earnings over the past 12 months is 5.05. The shares are currently trading at $7.79.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Western Midstream Partners LP?

Western Midstream Partners LP's management team is headed by:

Craig Collins - COO
Michael Ure - PRE
Glenn Vangolen - CHM
Peter Bennett - DRC
Oscar Brown - DRC
Jennifer Kirk - DRC
Charles Griffie - SVP
Robert Bourne - SVP
Catherine Green - CAO
Christopher Dial - SVP
Kenneth Owen - IND
David Schulte - IND
Who are the major shareholders of Western Midstream Partners LP?

Here are the top five shareholders of Western Midstream Partners LP based on the size of their shareholding:

Anadarko Petroleum Corp Corporation
Percentage owned: 48.26% (214.3m shares)
Alps Advisors, Inc. Investment Advisor/Hedge Fund
Percentage owned: 5.53% (24.6m shares)
Alps Alerian MLP ETF Mutual Fund
Percentage owned: 5.28% (23.4m shares)
Invesco Advisers, Inc. Investment Advisor
Percentage owned: 5.16% (22.9m shares)
Tortoise Capital Advisors, LLC Investment Advisor
Percentage owned: 3.87% (17.2m shares)
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