Western Midstream: Deeply Undervalued With An 8.7% Yield
I recommend a 'Strong buy' for Western Midstream Partners LP due to its unmatched 8.7% forward distribution yield and 33% upside potential. WES's strategic positioning in key U.S. oil-rich regions and its multifaceted growth strategy, including M&A and organic growth, ensure robust future prospects. The company's healthy balance sheet, solid profitability, and favorable macroenvironment support the sustainability of its high yield and overall investment appeal.
Western Midstream (WES) Stock Drops Despite Market Gains: Important Facts to Note
In the most recent trading session, Western Midstream (WES) closed at $39.24, indicating a -0.05% shift from the previous trading day.
Western Midstream (WES) Rises As Market Takes a Dip: Key Facts
In the closing of the recent trading day, Western Midstream (WES) stood at $39.13, denoting a +0.28% change from the preceding trading day.
Retirement Income With 9% Yield And Growth: Western Midstream
Get cash piped directly into your account by owning toll bridge-style investments. High levels of free cash flow provide ample room to reward unit holders. This yield will keep on paying you in good times and bad.
Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow
By many measures, WES is undervalued for a Permian-focused midstream company. The company's growth rate may be slowing, but is far from a standstill. 2025 is projected to a respectable mid-single digit growth rate. This underpins my price target of $46/unit. For income-oriented investors, WES presents a compelling opportunity to harvest a nearly 9% yield with potential upside from special distributions and moderate distribution growth in 2025.
6-9% Yielding Cash Cows To Make Money While You Sleep
Income investing requires patience in selecting quality companies with well-covered distributions, offering high and steady income streams. Western Midstream offers an 8.7% yield, strong operational metrics, and investment-grade credit ratings, supported by fee-based contracts and prudent financial management. W.P. Carey provides a 6.3% yield, high occupancy rates, long lease terms, and inflation-resistant rent escalations, with strategic growth through industrial property acquisitions.
Western Midstream: The Unbearable Tightness Of Oxy's Embrace - Yet Still Appealing
Western Midstream offers a high, tax-deferred yield and strong fundamentals, with potential for increased distributions and enhanced payouts in 2025. WES's affiliation with Occidental Petroleum (OXY) poses risks due to potential conflicts of interest and uncertainty about OXY's intentions to divest its WES stake. Recent developments, including OXY's partial sale of WES units and CEO transitions, have created market uncertainty but also potential investment opportunities.
Western Midstream: 9% Yield Looks Solid Despite Moderating Growth
Western Midstream Partners continues to hit throughput records in the Delaware basin, but slower growth is expected going forward. With the moderation in growth, I am slightly reducing my projections for EBITDA and distributions next year. WES' 9.2% forward distribution yield remains sustainable and could grow to 10% by 2027.
Western Midstream: 9% Yield With Growth Tailwinds From Permian Gas Expansion
Western Midstream offers a high 9% yield, benefiting from rising gas production in the Permian Basin. The company is expanding its gas gathering and processing capacity, particularly in the Delaware Basin, which is expected to drive long-term growth. Despite resilient earnings, Western Midstream's distribution coverage is low, making it a higher-risk investment compared to peers like Enterprise Products.
Western Midstream Partners, LP Common Units (WES) Q3 2024 Earnings Call Transcript
Western Midstream Partners, LP Common Units (NYSE:WES ) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Daniel Jenkins - Director of Investor Relations Oscar Brown - President & Chief Executive Officer Danny Holderman - Chief Operating Officer Kristen Shults - Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Manav Gupta - UBS Keith Stanley - Wolfe Research Zach Van Everen - TPH Ned Baramov - Wells Fargo Neel Mitra - Bank of America Operator Good afternoon, my name is Joanna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Western Midstream Partners Third Quarter 2024 Earnings Conference Call.
Western Midstream (WES) Ascends While Market Falls: Some Facts to Note
Western Midstream (WES) closed at $37.49 in the latest trading session, marking a +0.27% move from the prior day.
Western Midstream (WES) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Western Midstream (WES) closed at $37.98, marking a -1.17% move from the previous day.
