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 (WES) Rises Yet Lags Behind Market: Some Facts Worth Knowing