Is Western Midstream Partners LP (NYSE: WES) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Western Midstream Partners LP is listed on the NYSE in the Energy sector while operating in the Oil & Gas Midstream industry. The current market capitalization of Western Midstream Partners LP is $15.20B. A total of 0.91 million shares were traded on the day, compared to an average of 1.18M shares.

In the most recent transaction, Ure Michael bought 16,558 shares of WES for 40.01 per share on Nov 27 ’24. In a previous transaction on Aug 14 ’24, OCCIDENTAL PETROLEUM CORP /DE/ sold 19,500,000 shares at 35.75 per share. WES shares that 10% Owner owns now total 165,681,578.

Among the insiders who sold shares, OCCIDENTAL PETROLEUM CORP /DE/ disposed of 19,500,000 shares on Aug 14 ’24 at a per-share price of $35.75. This resulted in the 10% Owner holding 165,681,578 shares of WES after the transaction. In another insider transaction, Bourne Robert W. bought 1,354 shares at $37.25 per share on May 15 ’24. Company shares held by the SVP & Chief Commercial Officer now total 130,625.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Western Midstream Partners LP pays an annual dividend of $3.20, resulting in a dividend yield of 8.01%, and it has a price to earnings (P/E) ratio of 10.22. WES’s most recent ex-dividend date was 9.09% when it declared a $0.8750 quarterly dividend that was paid in cash on 11/1/2024. Previously, the company paid the dividend on 8/1/2024 with an ex-dividend date of 8.3%. The WES stock dividend was $0.8750 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, WES has a high of $42.80 and a low of $26.81.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. WES’s latest balance sheet shows that the firm has $202.00M in Cash & Short Term Investments as of fiscal 2021. There were $6.91B in debt and $1.14B in liabilities at the time. Its Book Value Per Share was $8.51, while its Total Shareholder’s Equity was $3.10B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WES is Buy with a score of 3.23.

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