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Western Midstream (WES) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-02-11 00:05
Company Performance - Western Midstream (WES) ended the recent trading session at $40.57, showing a +0.47% change from the previous day's closing price, which lagged behind the S&P 500's daily gain of 0.67% [1] - The company's stock has increased by 1.71% over the past month, outperforming the Oils-Energy sector's decline of 0.76% but underperforming the S&P 500's gain of 2.07% [1] Upcoming Earnings - Western Midstream is set to disclose its earnings on February 26, 2025, with projected earnings of $0.84 per share, indicating a year-over-year growth of 13.51% [2] - The Zacks Consensus Estimate for revenue is $906.72 million, reflecting a 5.65% increase from the same period last year [2] Analyst Estimates - Recent changes to analyst estimates for Western Midstream are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Western Midstream at 4 (Sell), with a recent downward shift of 1.24% in the Consensus EPS estimate [5] Valuation Metrics - Western Midstream has a Forward P/E ratio of 11.65, which is a discount compared to the industry average Forward P/E of 23.92 [6] - The company has a PEG ratio of 1.36, while the average PEG ratio for the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is 0.98 [7] Industry Overview - 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 29, placing it in the top 12% of over 250 industries [8]
WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALL
Prnewswire· 2025-01-24 12:00
Core Points - Western Midstream Partners, LP (WES) announced a quarterly cash distribution of $0.8750 per unit for Q4 2024, maintaining the same level as the previous quarter, which translates to an annualized distribution of $3.50 [1] - The distribution is payable on February 14, 2025, to unitholders of record as of February 3, 2025 [1] Financial Reporting - The company plans to report its fourth-quarter and full-year 2024 results after market close on February 26, 2025 [2] - A conference call to discuss the results will be held on February 27, 2025, at 1:00 p.m. Central (2:00 p.m. Eastern) [3] Company Overview - Western Midstream Partners, LP is a master limited partnership focused on developing, acquiring, owning, and operating midstream assets across Texas, New Mexico, Colorado, Utah, and Wyoming [4] - The company engages in gathering, compressing, treating, processing, and transporting natural gas, as well as handling condensate, natural-gas liquids, crude oil, and produced water [4] - A significant portion of WES's cash flows are secured through fee-based contracts, reducing exposure to commodity price volatility [4]
Western Midstream (WES) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-16 00:21
In the latest market close, Western Midstream (WES) reached $41.19, with a +0.88% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.83%. Meanwhile, the Dow gained 1.65%, and the Nasdaq, a tech-heavy index, added 2.45%.The oil and gas transportation and storage company's shares have seen an increase of 4.11% over the last month, surpassing the Oils-Energy sector's loss of 7.35% and the S&P 500's loss of 3.31%.Analysts and investors alike will be keeping a c ...
Western Midstream: A Rock Solid Investment (Rating Upgrade)
Seeking Alpha· 2025-01-14 17:30
Western Midstream Partners (NYSE: WES ) is a diversified midstream investment that is seeing consistent growth in key financial metrics such as free cash flow and adjusted EBITDA. The midstream firm achieves a high degree of cash flow visibility due to itsI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia ...
Western Midstream: Deeply Undervalued With An 8.7% Yield
Seeking Alpha· 2025-01-10 18:07
Portfolio Rebalancing - The portfolio experienced a significant rally in the growth sector in 2024, prompting considerations for rebalancing towards safer investments [1] - The US midstream industry is favored due to its generous dividend yields [1] Investment Background and Strategy - The investor has a background in IT and has been managing a family portfolio in the US stock market for seven years [1] - Extensive experience in fundamental analysis of public companies has led to confidence in investment decisions [1] - The investor emphasizes a deep understanding of the balance between risk and reward [1] Investment Focus and Approach - The investor has a strong focus on technology stocks but also explores diverse sectors for promising investment opportunities [1] - The approach is to provide clear and precise analysis, accessible to investors of all experience levels [1] Disclosure and Independence - The investor has no current positions in the mentioned companies but may initiate a long position in WES within the next 72 hours [2] - The analysis is independent, with no compensation received other than from Seeking Alpha, and no business relationships with the mentioned companies [2]
Western Midstream (WES) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-01-04 00:36
Western Midstream (WES) closed the latest trading day at $39.24, indicating a -0.05% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.26%. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.77%.The the stock of oil and gas transportation and storage company has fallen by 2.7% in the past month, leading the Oils-Energy sector's loss of 5.1% and the S&P 500's loss of 2.82%.Market participants will be closely following the financ ...
Western Midstream (WES) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-12-28 00:20
Western Midstream (WES) closed at $39.13 in the latest trading session, marking a +0.28% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 1.11%. Meanwhile, the Dow experienced a drop of 0.77%, and the technology-dominated Nasdaq saw a decrease of 1.49%.Shares of the oil and gas transportation and storage company have depreciated by 1.54% over the course of the past month, outperforming the Oils-Energy sector's loss of 8.07% and lagging the S&P 500's gain of 0.4%.The ...
Retirement Income With 9% Yield And Growth: Western Midstream
Seeking Alpha· 2024-12-18 12:35
The United States of America has an interesting relationship when it comes to monopolies. The most famous monopoly that was ever broken up would have been that of Rockefeller and his StandardHigh Dividend Opportunities, #1 On Seeking AlphaHDO is the largest and most exciting community of income investors and retirees with over +8000 members. We are looking for more members to join our lively group! Our Income Method generates strong returns, regardless of market volatility, making retirement investing less ...
Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow
Seeking Alpha· 2024-12-16 04:48
Western Midstream (NYSE: WES ) continues to execute and deliver a total package for income seeking investors, making it a perfect Christmas gift to start the new year. With the company now trading around my previousI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for ...
Western Midstream: The Unbearable Tightness Of Oxy's Embrace - Yet Still Appealing
Seeking Alpha· 2024-11-20 22:26
Ph.D. and MBA with 20+ years of investment experience. I began as a scientist, working under a future Nobel laureate, before transitioning to executive roles in major U.S. corporations. After founding and leading my own company for 15 years, I shifted to full-time investing. My insights blend scientific rigor, entrepreneurial leadership, and executive expertise, driven by a passion for continuous learning. Explore more of my work on Substack: @alexandersteinberg.Analyst’s Disclosure: I/we have a beneficial ...