Stock of the Day

January 27, 2021

Western Midstream Partners (WES)

$46.59
-$0.02 (-0.0%)
Market Cap: $18.35B

About Western Midstream Partners

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.

Today's Trend

Western Midstream Partners, LP (NYSE: WES) is getting a positive boost from a wave of analyst estimate increases, which may help support the stock. US Capital Advisors reiterated its Strong-Buy view and raised earnings forecasts across several periods, including FY2026 EPS to $3.47 from $3.25, FY2027 EPS to $3.71 from $3.50, and FY2028 EPS to $4.02 from $3.70. The firm also lifted near-term quarterly estimates for 2026 and 2027, signaling confidence in Western Midstream’s cash flow and operating outlook.

  • US Capital Advisors raised Western Midstream Partners’ earnings estimates across 2026-2028, including higher full-year forecasts for FY2026, FY2027, and FY2028, while keeping a Strong-Buy rating. This kind of upward revision can improve investor sentiment toward WES.
  • The consensus estimate for the current full year remains at $3.41 EPS, so the broader market may still be waiting to see whether Western Midstream can outperform expectations in upcoming results.

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