Western Midstream Partners (WES) to Release Quarterly Earnings on Wednesday

by · The Cerbat Gem

Western Midstream Partners (NYSE:WES – Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $926.55 million for the quarter.

Western Midstream Partners Trading Down 0.4 %

Shares of NYSE WES traded down $0.13 during midday trading on Monday, hitting $36.20. 428,949 shares of the company traded hands, compared to its average volume of 1,252,472. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.11. Western Midstream Partners has a 12-month low of $33.60 and a 12-month high of $43.33. The stock has a 50-day moving average price of $39.02 and a 200 day moving average price of $39.33. The firm has a market cap of $13.80 billion, a P/E ratio of 9.24, a P/E/G ratio of 1.40 and a beta of 1.12.

Western Midstream Partners Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, May 2nd will be given a $0.91 dividend. The ex-dividend date is Friday, May 2nd. This represents a $3.64 annualized dividend and a dividend yield of 10.06%. This is a positive change from Western Midstream Partners’s previous quarterly dividend of $0.88. Western Midstream Partners’s dividend payout ratio is currently 90.32%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Western Midstream Partners from a “hold” rating to a “buy” rating in a report on Saturday, March 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $38.43.

Check Out Our Latest Stock Analysis on Western Midstream Partners

Western Midstream Partners Company Profile

(Get Free Report)

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.

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