Group 1 - The Cash Flow Kingdom Income Portfolio aims to achieve an overall yield in the range of 7% - 10% by combining various income streams for a steady payout [1] - Western Midstream Partners, LP (NYSE: WES) is highlighted for offering one of the highest dividend yields in the midstream industry, supported by a strong balance sheet and high demand for pipeline capacity, making it a lower-risk investment choice [1] Group 2 - Jonathan Weber, an analyst with an engineering background, focuses on value and income stocks while occasionally covering growth stocks, sharing research on Seeking Alpha since 2014 [2] - The article emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [3]

HOUSTON, Oct. 17, 2024 /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 ("Base Distribution") of $0.8750 per unit for the third quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's third-quarter 2024 Base Distribution is payable on November 14, 2024, to unitholders of record at the close of business on ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Western Midstream (WES) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. Western Midstream is a member of the Oils-Energy sector. This group includes 242 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Secto ...

Company Performance - Western Midstream (WES) stock closed at $38.51, with a daily increase of +0.65%, outperforming the S&P 500 which fell by 0.93% [1] - The stock has decreased by 0.83% over the past month, underperforming the Oils-Energy sector's decline of 2.51% and lagging behind the S&P 500's gain of 2.17% [1] Upcoming Earnings - The upcoming earnings disclosure is expected to show an EPS of $0.85, representing a 21.43% increase year-over-year [2] - Revenue is projected at $916.7 million, reflecting an 18.13% rise from the same quarter last year [2] Full Year Projections - For the full year, earnings are estimated at $4.16 per share and revenue at $3.69 billion, indicating increases of +60% and +18.88% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Western Midstream may indicate shifting business trends, with positive revisions suggesting optimism about the company's outlook [3][4] Valuation Metrics - Western Midstream is currently trading at a Forward P/E ratio of 9.21, which is below the industry average of 19.14 [6] - The company has a PEG ratio of 0.72, compared to the industry average PEG ratio of 0.95 [7] Industry Context - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, to which Western Midstream belongs, is ranked 195 out of over 250 industries, placing it in the bottom 23% [8] - The Zacks Industry Rank indicates that top-rated industries tend to outperform lower-rated ones by a factor of 2 to 1 [8]

Company Performance - Western Midstream (WES) closed at $39.63, reflecting a -1.05% change from the previous day, underperforming the S&P 500's daily loss of 0.29% [1] - The stock has increased by 6.49% over the past month, outperforming the Oils-Energy sector's loss of 2.45% and the S&P 500's gain of 1.57% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.85, indicating a 21.43% growth year-over-year [2] - The Zacks Consensus Estimate for revenue is projected at $916.7 million, an increase of 18.13% from the previous year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $4.16 per share and revenue of $3.69 billion, representing year-over-year changes of +60% and +18.88%, respectively [3] - Recent changes to analyst estimates suggest a positive outlook for the company's business [3] Valuation Metrics - Western Midstream has a Forward P/E ratio of 9.64, indicating a discount compared to its industry's Forward P/E of 19.19 [6] - The company has a PEG ratio of 0.76, lower than the industry average PEG ratio of 0.98 [6] Industry Context - 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 209, placing it in the bottom 18% of over 250 industries [7] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]

P and Josepar 15 1 hirun Western Midstream (NYSE: WES) is one of the largest midstream companies with a market capitalization of ~$15 billion and substantial integration to Oceidental Petroleum (OXY). The company has an incredibly strong dividend yield of almost 9%, and as we'll see throughout this article, is a valuable long-term investment. Western Midstream Highlights Western Midstream has continued to improve its operations and achieve record flows as even in a weak price environment, the company benefi ...

The construction site for a new gas pipeline. fotokostic As part of my strategy as both an analyst and portfolio manager of my real-money portfolio, I take the following quote to heart: More money has been lost reaching for yield than at the point of a gun. The late Raymond DeVoe Jr. This isn't to say that there are no exceptions to this rule. But for every exception, there are many more examples of high-yield picks not working out. Thus, why it is the rule. A bit of digging, though, can uncover high-yieldi ...

The most recent trading session ended with Western Midstream (WES) standing at $38.86, reflecting a +1.46% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.75% gain on the day. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 1%. The oil and gas transportation and storage company's shares have seen an increase of 1.43% over the last month, surpassing the Oils-Energy sector's loss of 4.12% and falling behind the S&P 500's gain of 4.03% ...

HOUSTON, Aug. 15, 2024 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $800 million in aggregate principal amount of 5.45% senior notes due 2034 at a price to the public of 99.743% of their face value. The offering of the senior notes is expected to close on August 20, 2024 subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected ...

bjdlzx I published on Western Midstream Partners (NYSE:WES) in early April. A lot has happened since including yesterday's announcement of Occidental Petroleums' (OXY) partial sale. Through the secondary public offering, OXY will sell 19M (with an option of an additional 2.85M) limited units of the approximately 194M total it owns. The offering price remains unknown at the time of writing. WES will neither issue any additional units nor receive any proceeds from the sale. I consider all recent developments ...