Western Midstream (WES) reachead $37.60 at the closing of the latest trading day, reflecting a -1.73% change compared to its last close.
WES offers a remarkable 9% dividend yield, outpacing sector medians, with future growth expected to reach 10.19% by 2027, providing strong passive income. Despite recent earnings dips, WES maintains fair valuation and steady growth, with promising indicators for future performance, including a 5% growth in adjusted EBITDA for 2025. The Pathfinder Pipeline project and other expansions are set to boost WES's capacity and earnings, with significant capital expenditures planned for 2025.
Western Midstream (WES) closed at $38.26 in the latest trading session, marking a -1.77% move from the prior day.
The latest trading day saw Western Midstream (WES) settling at $37.90, representing a -0.45% change from its previous close.
In the most recent trading session, Western Midstream (WES) closed at $38.13, indicating a +1.98% shift from the previous trading day.
Western Midstream Partners offers a compelling buying opportunity for dividend investors with a near 10% yield, amid recent market turmoil. The MPL continues to grow through organic projects and acquisitions, with significant increases in natural gas throughput. WES outperformed its midstream rivals in the last five years by a handsome margin. EBITDA and DCF are expected to grow in mid-single digits in FY 2025.
Western Midstream (WES) closed the most recent trading day at $41.61, moving +1.41% from the previous trading session.
Western Midstream (WES) reported earnings 30 days ago. What's next for the stock?
Western Midstream, valued at over $15 billion, has shown strong performance with growing volumes and cash flow, making it a valuable investment. Occidental Petroleum owns nearly 45% of Western Midstream, which poses a risk due to its potential influence on public unitholders. In 2024, Western Midstream achieved double-digit growth in natural gas and produced water throughput, boosting adjusted EBITDA by 13% to $2.34 billion.
In the closing of the recent trading day, Western Midstream (WES) stood at $41.37, denoting a +0.24% change from the preceding trading day.
The latest trading day saw Western Midstream (WES) settling at $41.85, representing a +0.02% change from its previous close.
Western Midstream's debt levels are now aligned with management's guidance. The debt has achieved investment grade rating. The company offers a compelling growth and income opportunity. Western Midstream provides an attractive return with significant downside protection through take-or-pay contracts.