Western Stock Today

WES
 Stock
  

USD 24.52  0.21  0.86%   

Market Performance
1 of 100
Odds Of Distress
Over 51
Western Midstream is selling at 24.52 as of the 4th of July 2022; that is 0.86 percent increase since the beginning of the trading day. The stock's lowest day price was 23.57. Western Midstream has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading 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 4th of June 2022 and ending today, the 4th of July 2022. Click here to learn more.
CUSIP
958254104
Fiscal Year End
December
Business Domain
Energy
IPO Date
9th of May 2008
Category
Energy
Classification
Energy
ISIN
US9586691035
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 408.39 M outstanding shares of which 5.51 M shares are at this time shorted by investors with about 6.03 days to cover. More on Western Midstream Partners

Moving together with Western Midstream

0.9OXYOccidental Petroleum Corp Potential GrowthPairCorr
0.76WLLWhiting Petroleum Corp DelistingPairCorr
Follow Valuation Odds of Bankruptcy
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Western Midstream 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Western Midstream has high likelihood to experience some financial distress in the next 2 years
The company has 6.95 B in debt with debt to equity (D/E) ratio of 2.25, meaning that the company heavily relies on borrowing funds for operations. Western Midstream has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, Western Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Midstream sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Midstream's use of debt, we should always consider it together with cash and equity.
About 50.0% of Western Midstream outstanding shares are owned by insiders
Latest headline from seekingalpha.com: Energy Transfer Vs Western Midstream Which Is A Better Buy - Seeking Alpha
CEODonald Sinclair
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.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Western Midstream's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Western Midstream Partners (WES) is traded on New York Stock Exchange in USA and employs 1,127 people. The company currently falls under 'Mid-Cap' category with total capitalization of 9.93 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 these looking for more risk prefer small-cap and mid-cap equities. Western Midstream runs under Energy sector within Oil & Gas Midstream industry. The entity has 408.39 M outstanding shares of which 5.51 M shares are at this time shorted by investors with about 6.03 days to cover. Western Midstream Partners has about 202 M in cash with 1.77 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5.
Check Western Midstream Probability Of Bankruptcy
Ownership
Western Midstream Partners retains a total of four hundred eight million three hundred ninety thousand outstanding shares. Western Midstream owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Western Ownership Details

Western Stock Price Odds Analysis

What are Western Midstream's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Western Midstream jumping above the current price in 90 days from now is about 70.79%. 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 1.0945. This entails Western Midstream Partners market returns are sensible to returns on the market. As the market goes up or down, Western Midstream is expected to follow. Additionally, the company has an alpha of 0.2097, implying that it can generate a 0.21 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 24.52HorizonTargetOdds Above 24.52
29.04%90 days
 24.52 
70.79%
Based on a normal probability distribution, the odds of Western Midstream to move above the current price in 90 days from now is about 70.79 (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.
InstituionSecurity TypeTotal SharesValue
Blackstone IncCommon Shares16.2 M409 M
Tortoise Capital Advisors LlcCommon Shares15.2 M384.4 M
View Western Midstream Diagnostics

Western Midstream Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Midstream market risk premium is the additional return an investor will receive from holding Western Midstream long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Midstream. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Midstream's alpha and beta are two of the key measurements used to evaluate Western Midstream's performance over the market, the standard measures of volatility play an important role as well.

Western 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.

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 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.

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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 PartnerProfile
Nicole Clark - Director of the General PartnerProfile
Jennifer Kirk - Director of Western Gas Equity Holdings, LLCProfile
Darrell Hollek - Director of the Western Gas Holdings, LLCProfile

Investing Western Midstream Partners

You need to understand the risk of investing before taking a position in Western Midstream. 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 Shape 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.
Check out Your Current Watchlist. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Western Midstream 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 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 YOY
0.7
Market Capitalization
9.9 B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0689
Return On Equity
0.34
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 Western Midstream value 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.