Taking On Challenges And Growing? – Western Midstream Partners LP (WES)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. The current market capitalization of Western Midstream Partners LP is $15.54B. A total of 0.86 million shares were traded on the day, compared to an average of 1.27M 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 income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Western Midstream Partners LP pays an annual dividend of $3.20, resulting in a dividend yield of 7.84%, and it has a price to earnings (P/E) ratio of 10.45. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, WES has a high of $42.80 and a low of $27.49.

As of this writing, WES has an earnings estimate of $0.88 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.94 per share and a lower estimate of $0.85.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 3.25.

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