Unveiling Western Midstream (WES) Q4 Outlook: Wall Street Estimates for Key Metrics

Core Viewpoint - Western Midstream (WES) is expected to report quarterly earnings of $0.91 per share, reflecting a 7.1% increase year-over-year, with revenues projected at $1.11 billion, a 20% increase compared to the previous year [1]. Earnings Estimates - Analysts have revised the consensus EPS estimate for the quarter down by 3.7% over the last 30 days, indicating a collective reevaluation of initial estimates [1][2]. Key Metrics Forecast - Analysts predict various throughput metrics for Western Midstream's natural gas and crude oil assets, which are essential for understanding the company's operational performance: - 'Throughput for natural-gas assets per day - Delaware Basin' is projected to reach a certain figure, compared to last year's estimate [6]. - 'Throughput for produced-water assets per day - Delaware Basin' is estimated at 2,379.05 thousand barrels of oil, up from 1,216.00 thousand barrels of oil last year [6]. - 'Throughput for crude-oil and NGLs assets per day - Delaware Basin' is expected to be 253.92 thousand barrels of oil, slightly down from 260.00 thousand barrels of oil reported last year [7]. - 'Throughput for crude-oil and NGLs assets per day - DJ Basin' is forecasted at 104.18 thousand barrels of oil, up from 102.00 thousand barrels of oil last year [8]. - 'Throughput for crude-oil and NGLs assets per day - Other' is expected to reach 40.24 thousand barrels of oil, compared to 34.00 thousand barrels of oil last year [9]. Stock Performance - Over the past month, Western Midstream shares have gained 0.5%, contrasting with the Zacks S&P 500 composite's decline of 0.3%, indicating a performance that aligns with the overall market [10].