Stay Ahead of the Game With Western Midstream (WES) Q4 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Western Midstream (WES) is expected to report quarterly earnings of $0.84 per share, reflecting a year-over-year increase of 13.5% [1] - Revenue projections stand at $906.72 million, which is a 5.7% increase from the same quarter last year [1] - The consensus EPS estimate has been adjusted upward by 0.9% over the past 30 days, indicating a positive reassessment by analysts [1][2] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to stock performance [2] - Analysts emphasize the importance of understanding key metrics beyond consensus earnings and revenue estimates [3] Throughput Metrics - The consensus estimate for 'Throughput Attributable to Noncontrolling Interest for Natural Gas Assets per day' is 169.42 million cubic feet, compared to 172 million cubic feet reported in the same quarter last year [4] - Total throughput for natural-gas assets per day is projected to reach 5,064.38 million cubic feet, slightly up from 5,048 million cubic feet year-over-year [4] - Total throughput attributable to WES for natural-gas assets per day is estimated at 4,894.96 million cubic feet, an increase from 4,876 million cubic feet in the previous year [5] Specific Asset Throughput - 'Throughput for natural-gas assets per day - Equity Investment' is expected to be 512.04 million cubic feet, up from 489 million cubic feet last year [6] - 'Throughput for natural-gas assets per day - Delaware Basin' is projected at 1,970.88 million cubic feet, compared to 1,704 million cubic feet in the same quarter last year [6] - 'Throughput for natural-gas assets per day - DJ Basin' is anticipated to reach 1,428.82 million cubic feet, an increase from 1,341 million cubic feet reported last year [7] Produced Water and Crude Oil Throughput - 'Throughput for produced-water assets per day - Delaware Basin' is expected to be 1,203.98 million barrels of oil, up from 1,076 million barrels last year [7] - 'Throughput for crude-oil and NGLs assets per day - Delaware Basin' is projected at 256.34 million barrels of oil, compared to 225 million barrels in the same quarter last year [8] - 'Throughput for crude-oil and NGLs assets per day - DJ Basin' is expected to reach 89.57 million barrels of oil, up from 81 million barrels last year [9] Overall Market Performance - Shares of Western Midstream have decreased by 2.9% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [10] - WES holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near future [10]