Western Midstream Partners Stock Today
| WES Stock | USD 34.24 0.30 0.87% |
Performance15 of 100
| Odds Of DistressLess than 29
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Western Midstream is selling for under 34.24 as of the 16th of April 2024; that is -0.87 percent decrease since the beginning of the trading day. The stock's lowest day price was 34.22. Western Midstream has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Western Midstream Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 9th of May 2008 |
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas. The company has 380.48 M outstanding shares of which 5.85 M shares are at this time shorted by investors with about 5.11 days to cover. More on Western Midstream Partners
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Western Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Midstream's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Midstream or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Donald Sinclair | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Basic Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Koninklijke Wessanen N.V | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, SPASX 100, SPASX All Australian, SPASX 50, SPASX 300, Australia All Ordinaries, SPASX 200, SPASX 200 Accumulated, Basic Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Western Midstream report their recommendations after researching Western Midstream's financial statements, talking to executives and customers, or listening in on Western Midstream's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Western Midstream. The Western consensus assessment is calculated by taking the average forecast from all of the analysts covering Western Midstream. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Western Midstream's profitability, liquidity, and operating efficiency, Western Midstream Partners may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of Western Midstream is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Western Midstream's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Western Midstream's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Midstream's financial leverage. It provides some insight into what part of Western Midstream's total assets is financed by creditors.
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Western Midstream Partners (WES) is traded on New York Stock Exchange in USA. It is located in 9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 and employs 1,377 people. Western Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Midstream's market, we take the total number of its shares issued and multiply it by Western Midstream's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Midstream runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 380.48 M outstanding shares of which 5.85 M shares are at this time shorted by investors with about 5.11 days to cover.
Western Midstream Partners has about 286.66 M in cash with 1.7 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41.
Check Western Midstream Probability Of Bankruptcy
Ownership AllocationWestern Midstream owns a total of 380.48 Million outstanding shares. The majority of Western Midstream outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Western Midstream to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Western Midstream Partners. Please pay attention to any change in the institutional holdings of Western Midstream as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Western Ownership Details
Western Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Western Midstream jumping above the current price in 90 days from now is about 23.34%. The Western Midstream Partners probability density function shows the probability of Western Midstream stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2046. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Western Midstream will likely underperform. Additionally, western Midstream Partners has an alpha of 0.2645, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Western Midstream to move above the current price in 90 days from now is about 23.34 (This Western Midstream Partners probability density function shows the probability of Western Stock to fall within a particular range of prices over 90 days) .
Western Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Western Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Western Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Western Midstream's value.| Instituion | Recorded On | Shares | |
| Brookfield Corp | 2.9 M | ||
| Rr Advisors, Llc | 2023-12-31 | 2.6 M | |
| Ubs Group Ag | 2023-12-31 | 2.2 M | |
| Eagle Global Advisors, Llc | 2023-12-31 | 2 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.9 M | |
| Westwood Holdings Group Inc | 2023-12-31 | 1.8 M | |
| Atlantic Trust Group, Llc | 2023-12-31 | 1.6 M | |
| Berkley W R Corp | 2023-12-31 | 1.6 M | |
| Infrastructure Capital Advisors, Llc | 2023-12-31 | 1.5 M | |
| Alps Advisors Inc | 2023-12-31 | 32.3 M | |
| Amvescap Plc. | 2023-12-31 | 23.3 M |
Western Midstream Historical Income Statement
Western Midstream Partners Income Statement is one of the three primary financial statements used for reporting Western's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Western Midstream revenue and expense. Western Midstream Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Western Midstream's Total Operating Expenses is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 1.6 M in 2024, whereas Gross Profit is likely to drop slightly above 1 B in 2024. View More FundamentalsWestern Stock Against Markets
Picking the right benchmark for Western Midstream stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Midstream stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Midstream is critical whether you are bullish or bearish towards Western Midstream Partners at a given time. Please also check how Western Midstream's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Western Midstream without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Western Midstream Corporate Directors
Western Midstream corporate directors refer to members of a Western Midstream board of directors. The board of directors generally takes responsibility for the Western Midstream's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Western Midstream's board members must vote for the resolution. The Western Midstream board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Hix | Independent Director of the General Partner | Profile | |
| Nicole Clark | Director of the General Partner | Profile | |
| Jennifer Kirk | Director of Western Gas Equity Holdings, LLC | Profile | |
| Darrell Hollek | Director of the Western Gas Holdings, LLC | Profile |
How to buy Western Stock?
Before investing in Western Midstream, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Midstream. To buy Western Midstream stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Midstream. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Midstream stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Midstream Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Midstream Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Western Midstream Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Western Stock please use our How to Invest in Western Midstream guide.
Already Invested in Western Midstream Partners?
The danger of trading Western Midstream Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Midstream is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Midstream. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Midstream is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Western Midstream is a strong investment it is important to analyze Western Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Midstream's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Western Midstream information on this page should be used as a complementary analysis to other Western Midstream's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Western Stock analysis
When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Western Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Midstream. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 2.213 | Earnings Share 2.6 | Revenue Per Share 8.11 | Quarterly Revenue Growth 0.101 |
The market value of Western Midstream is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Midstream's value that differs from its market value or its book value, called intrinsic value, which is Western Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Midstream's market value can be influenced by many factors that don't directly affect Western Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.