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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
Western Midstream Partners (NYSE: WES ) has suffered a significant valuation drawdown in the last several days which creates a new opportunity for dividend investors to build a position in this leading midstream platform. Western Midstream Partners should not beAnalyst’s Disclosure: I/we have a beneficial long position in the shares of WES, KMI, ENB, EPD, MPLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...
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].
Western Midstream (WES) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-03-20 23:20
In the latest market close, Western Midstream (WES) reached $41.85, with a +0.02% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.33%.The the stock of oil and gas transportation and storage company has risen by 1.16% in the past month, leading the Oils-Energy sector's loss of 1.22% and the S&P 500's loss of 7.48%.The upcoming earnings release of Western Midstream will be of gr ...
Western Midstream: Recession-Resistant Growth And Income Idea
Seeking Alpha· 2025-03-17 22:00
Group 1 - Western Midstream (NYSE: WES) has reached debt levels that management has guided to, indicating a shift to a slow growth mindset for the company [2] - The company, like many midstream firms, offers a generous distribution, which suggests potential for income generation despite the slow growth outlook [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The analysis provided in the article focuses on identifying undervalued companies within the oil and gas sector, including a detailed examination of balance sheets, competitive positions, and development prospects [1] - The service offered includes exclusive analysis for members, which is not available on the free site, highlighting the depth of research conducted [1]
WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER POST-EARNINGS INTERVIEW WITH CFO, KRISTEN SHULTS AND SVP, COMMERCIAL, JON VANDENBRAND
Prnewswire· 2025-03-03 12:00
Group 1 - Western Midstream Partners, LP (WES) will release a post-earnings interview on its website providing insights into its Q4 2024 results and 2025 outlook [1] - WES is a master limited partnership focused on developing, acquiring, owning, and operating midstream assets across several states including Texas, New Mexico, Colorado, Utah, and Wyoming [2] - The company engages in various activities such as gathering, compressing, treating, processing, and transporting natural gas, as well as handling condensate, natural-gas liquids, and crude oil [2] Group 2 - A significant portion of WES's cash flows is secured through fee-based contracts, which protect the company from direct exposure to commodity price volatility [2] - WES plans to participate in several investor conferences in 2025, including Barclays IG Energy & Utilities Corporate Days on March 5, NYSE Virtual Energy & Utilities Day on March 20, and the 22nd Annual Energy Infrastructure CEO & Investor Conference from May 20 to 22 [3]
Western Midstream(WES) - 2024 Q4 - Earnings Call Transcript
2025-02-27 21:56
Western Midstream Partners, LP Common Units (NYSE:WES) Q4 2024 Results Conference Call February 27, 2025 2:00 PM ET Company Participants Daniel Jenkins - Director of Investor Relations Oscar Brown - Chief Executive Officer Danny Holderman - Chief Operating Officer Kristen Shults - Chief Financial Officer Jon VandenBrand - SVP of Commercial Conference Call Participants Spiro Dounis - Citi Keith Stanley - Wolfe Research Noah Katz - JPMorgan Manav Gupta - UBS Ned Baramov - Wells Fargo Operator Good afternoon. ...