Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
United StatesIPO:
10 December 2012Website:
http://www.westernmidstream.comNext earnings report:
06 November 2024Last dividends:
01 November 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:31:58 GMTAnalysts recommendations
Institutional Ownership
WES Latest News
Western Midstream (WES) closed at $37.49 in the latest trading session, marking a +0.27% move from the prior day.
In the latest trading session, Western Midstream (WES) closed at $37.98, marking a -1.17% move from the previous day.
Michael Ure Steps Down Following Successful Transformation of Western Midstream into Leading Midstream Operator Partnership Reaffirms 2024 Adjusted EBITDA and Free Cash Flow Guidance HOUSTON , Oct. 28, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced Oscar K. Brown, an independent director of Western Midstream Holdings, LLC, WES's general partner (the "General Partner"), has been appointed President and Chief Executive Officer of the General Partner, effective immediately.
In the closing of the recent trading day, Western Midstream (WES) stood at $38.32, denoting a -1.03% change from the preceding trading day.
Western Midstream Partners offers a high dividend yield of 9.1%, supported by a strong balance sheet and high demand for its pipeline capacity. The company boasts a return on assets of 13%, significantly higher than its peers, and maintains a low leverage ratio, enhancing its financial stability. Western Midstream's free cash flow is expected to grow by 19% this year, driven by ongoing investments and increasing transportation volumes.
HOUSTON , Oct. 17, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the third quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's third-quarter 2024 Base Distribution is payable on November 14, 2024, to unitholders of record at the close of business on November 1, 2024.
Western Midstream (WES) concluded the recent trading session at $38.80, signifying a -1.62% move from its prior day's close.
Here is how Western Midstream (WES) and Williams Companies, Inc. (The) (WMB) have performed compared to their sector so far this year.
In the latest trading session, Western Midstream (WES) closed at $38.51, marking a +0.65% move from the previous day.
In the most recent trading session, Western Midstream (WES) closed at $39.63, indicating a -1.05% shift from the previous trading day.
What type of business is Western Midstream Partners LP?
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. The company also buys and sells natural gas, NGLs, and condensate. It operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
What sector is Western Midstream Partners LP in?
Western Midstream Partners LP is in the Energy sector
What industry is Western Midstream Partners LP in?
Western Midstream Partners LP is in the Oil & Gas Midstream industry
What country is Western Midstream Partners LP from?
Western Midstream Partners LP is headquartered in United States
When did Western Midstream Partners LP go public?
Western Midstream Partners LP initial public offering (IPO) was on 10 December 2012
What is Western Midstream Partners LP website?
https://www.westernmidstream.com
Is Western Midstream Partners LP in the S&P 500?
No, Western Midstream Partners LP is not included in the S&P 500 index
Is Western Midstream Partners LP in the NASDAQ 100?
No, Western Midstream Partners LP is not included in the NASDAQ 100 index
Is Western Midstream Partners LP in the Dow Jones?
No, Western Midstream Partners LP is not included in the Dow Jones index
When was Western Midstream Partners LP the previous earnings report?
No data
When does Western Midstream Partners LP earnings report?
The next expected earnings date for Western Midstream Partners LP is 06 November 2024