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Western Midstream Partners Lp (NYSE: WES) |
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Price: $41.5100
$0.81 
1.990%
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| Day's High:
| $41.78
| Week Perf:
| 3.88 %
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| Day's Low: |
$ 40.53 |
30 Day Perf: |
5.92 % |
| Volume (M): |
1,149 |
52 Wk High: |
$ 42.80 |
| Volume (M$): |
$ 47,703 |
52 Wk Avg: |
$37.09 |
| Open: |
$40.67 |
52 Wk Low: |
$27.51 |
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| Market Capitalization (Millions $) |
15,883 |
| Shares
Outstanding (Millions) |
383 |
| Employees |
400 |
| Revenues (TTM) (Millions $) |
3,535 |
| Net Income (TTM) (Millions $) |
1,565 |
| Cash Flow (TTM) (Millions $) |
635 |
| Capital Exp. (TTM) (Millions $) |
1,672 |
Western Midstream Partners Lp
Western Midstream Partners LP is a midstream energy company that operates in the Western U.S. The company is engaged in gathering, processing, and transporting natural gas and natural gas liquids. Western Midstream Partners was formed in 2018 as a result of a merger between Western Gas Equity Partners and Western Gas Partners LP.
The company operates in some of the most promising natural gas regions in the country, including the Permian Basin, the Eagle Ford Shale, and the Bakken Shale. Western Midstream Partners operates a network of pipelines, storage facilities, and processing plants that allow it to gather and transport natural gas and natural gas liquids to markets across the country.
Western Midstream Partners' operations are divided into three segments: gathering and processing, gas transmission, and liquids transportation and sales. The gathering and processing segment is responsible for the collection, processing, and treating of natural gas and natural gas liquids. The gas transmission segment is responsible for the transportation of natural gas through the company's pipeline network. And the liquids transportation and sales segment is responsible for the transportation and sale of natural gas liquids.
Western Midstream Partners has a strong financial position, with a market capitalization of over $6 billion and a debt-to-equity ratio of just 0.9. The company's revenue was $3.4 billion in 2020, with a net income of $702 million.
The company's management is focused on ensuring that Western Midstream Partners continues to deliver strong earnings and cash flow. To achieve this goal, the company is investing in its infrastructure to expand its pipeline network and enhance its processing and storage capabilities. Additionally, Western Midstream Partners is working closely with its customers to understand their needs and provide customized solutions that meet their specific requirements.
Overall, Western Midstream Partners LP is a well-established energy company that is poised for growth in the coming years. With a strong financial position, a broad portfolio of midstream assets, and a customer-focused approach to doing business, Western Midstream Partners is well-positioned to capitalize on opportunities in the growing natural gas market.
Company Address: 9950 Woodloch Forest Drive, Suite 2800 The Woodlands, 77380 TX
Company Phone Number: 786-5000 Stock Exchange / Ticker: NYSE WES
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| Stock Performances by Major Competitors |
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| Western Midstream Partners Lp
Western Midstream Partners, LP (WES) has recently announced its impressive financial performance for the first quarter of 2024. The midstream energy company reported a significant increase in net profit per share by 182.69% year on year, reaching $1.47 per share. Revenue also saw a substantial growth of 20.947% to $887.73 million.
This positive performance comes as a surprise, considering the current state of the Natural Gas Utilities industry, which has been experiencing a decline in revenue averaging at -17.45%. In comparison, WES has managed to achieve strong top-line growth.
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| Western Midstream Partners Lp
Western Midstream Partners LP, a leading midstream energy company, recently released its financial results for the fourth quarter of 2023. While the company experienced substantial revenue growth, its earnings per share (EPS) declined. This article will interpret the financial results and explore how they may impact Western Midstream Partners LP's future.
Revenue Growth:
Western Midstream Partners LP witnessed a remarkable 10.106% increase in revenue, reaching $858.21 million in the fourth quarter of 2023 compared to the same period the previous year. This positive outcome is an encouraging sign for the company, indicating rising demand and potential market expansion. Analysts note the significant increase in accounts receivable, suggesting a strengthening market for the company's products and services.
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| Business Update
Published Mon, Nov 6 2023 12:00 PM UTC
Western Midstream Partners, LP (NYSE: WES), a leading midstream energy company, recently announced the release of a post-earnings interview with its Senior Vice President and Chief Financial Officer, Kristen Shults, and Vice President of Corporate Development, Jon Greenberg. The interview is aimed at providing additional insights related to the company s third quarter 2023 r...
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| Western Midstream Partners Lp
Investors in the stock market have a lot to be pleased about when it comes to Western Midstream Partners LP (NYSE: WES). The company's most recent fiscal period showed some remarkable improvements, painting a rosy picture for the future.
One of the standout achievements of Western Midstream Partners LP is the increase in earnings per share by 5.97% to $0.71. This improvement is a clear indication that the company is heading in the right direction and making smart decisions to boost its profitability. Even with a vanishing revenue of -7.349% to $776.01 million, Western Midstream Partners LP has managed to maintain its upward trajectory.
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| Dividend
Published Thu, Oct 19 2023 11:00 AM UTC
In a recent press release, Western Midstream Partners, LP (NYSE: WES) has declared a quarterly cash distribution (Base Distribution) of $0.5750 per unit for the third quarter of 2023, reflecting a 2.2% increase compared to the second quarter. This announcement is in line with the Partnership s prior communications regarding distribution increases.
The decision made ...
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| Per Share |
Current |
| Earnings (TTM) |
3.92 $ |
| Revenues (TTM) |
9.24 $
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| Cash Flow (TTM) |
1.66 $ |
| Cash |
2.94 $
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| Book Value |
-
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| Dividend (TTM) |
2.95 $ |
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| Per Share |
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| Earnings (TTM) |
3.92 $
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| Revenues (TTM) |
9.24 $ |
| Cash Flow (TTM) |
1.66 $ |
| Cash |
2.94 $
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| Book Value |
- |
| Dividend (TTM) |
2.95 $ |
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