Western Midstream Partners, LP (WES)
NYSE NYSE Primary 
Western Midstream Partners, LP Common Units (WES) Q4 2024 Earnings Call Transcript
Western Midstream Partners, LP Common Units (NYSE:WES ) Q4 2024 Results Conference Call February 27, 2025 2:00 PM ET Company Participants Daniel Jenkins - Director of Investor Relations Oscar Brown - Chief Executive Officer Danny Holderman - Chief Operating Officer Kristen Shults - Chief Financial Officer Jon VandenBrand - SVP of Commercial Conference Call Participants Spiro Dounis - Citi Keith Stanley - Wolfe Research Noah Katz - JPMorgan Manav Gupta - UBS Ned Baramov - Wells Fargo Operator Good afternoon. My name is Joanna, and I will be your conference operator today.
Stay Ahead of the Game With Western Midstream (WES) Q4 Earnings: Wall Street's Insights on Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Western Midstream (WES), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Western Midstream (WES) Stock Sinks As Market Gains: Here's Why
Western Midstream (WES) closed the most recent trading day at $41.36, moving -0.62% from the previous trading session.
Western Midstream (WES) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Western Midstream (WES) closed the most recent trading day at $40.57, moving +0.47% from the previous trading session.
Western Midstream (WES) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Western Midstream (WES) closed the most recent trading day at $40.60, moving -1.34% from the previous trading session.
Western Midstream (WES) Rises But Trails Market: What Investors Should Know
In the closing of the recent trading day, Western Midstream (WES) stood at $41.19, denoting a +0.88% change from the preceding trading day.
Western Midstream: A Rock Solid Investment (Rating Upgrade)
Western Midstream Partners shows impressive growth in free cash flow and EBITDA. I rate Western Midstream a strong buy due increasing demand for natural gas in the long term. Demand is at least partially driven by AI and Data Centers. WES confirmed strong FY 2024 guidance with expected 19% growth in free cash flow and 11% growth in adjusted EBITDA, indicating upside potential.
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.
