In the past week, WES stock has gone down by -0.88%, with a monthly gain of 2.39% and a quarterly surge of 2.80%. The volatility ratio for the week is 1.71%, and the volatility levels for the last 30 days are 2.66% for Western Midstream Partners LP The simple moving average for the past 20 days is 1.06% for WES’s stock, with a 3.59% simple moving average for the past 200 days.
Is It Worth Investing in Western Midstream Partners LP (NYSE: WES) Right Now?
Western Midstream Partners LP (NYSE: WES) has a higher price-to-earnings ratio of 10.17x compared to its average ratio, The 36-month beta value for WES is at 2.35. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for WES is 211.51M, and currently, shorts hold a 2.12% of that float. The average trading volume for WES on March 28, 2025 was 1.30M shares.
WES) stock’s latest price update
The stock price of Western Midstream Partners LP (NYSE: WES) has plunged by -0.35 when compared to previous closing price of 41.05, but the company has seen a -0.88% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-03-27 that 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.
Analysts’ Opinion of WES
Many brokerage firms have already submitted their reports for WES stocks, with Morgan Stanley repeating the rating for WES by listing it as a “Underweight.” The predicted price for WES in the upcoming period, according to Morgan Stanley is $40 based on the research report published on October 25, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see WES reach a price target of $37. The rating they have provided for WES stocks is “Underperform” according to the report published on October 17th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to WES, setting the target price at $42 in the report published on September 16th of the previous year.
WES Trading at 0.13% from the 50-Day Moving Average
After a stumble in the market that brought WES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.60% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +1.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.34% lower at present.
During the last 5 trading sessions, WES fell by -0.53%, which changed the moving average for the period of 200-days by +4.43% in comparison to the 20-day moving average, which settled at $40.48. In addition, Western Midstream Partners LP saw 6.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WES starting from Ure Michael, who proposed sale 16,558 shares at the price of $40.01 back on Nov 27 ’24. After this action, Ure Michael now owns shares of Western Midstream Partners LP, valued at $662,527 using the latest closing price.
OCCIDENTAL PETROLEUM CORP /DE/, the 10% Owner of Western Midstream Partners LP, sale 19,500,000 shares at $35.75 during a trade that took place back on Aug 14 ’24, which means that OCCIDENTAL PETROLEUM CORP /DE/ is holding 165,681,578 shares at $697,125,000 based on the most recent closing price.
Stock Fundamentals for WES
Current profitability levels for the company are sitting at:
- 0.45 for the present operating margin
- 0.63 for the gross margin
The net margin for Western Midstream Partners LP stands at 0.44. The total capital return value is set at 0.14. Equity return is now at value 50.12, with 12.00 for asset returns.
Based on Western Midstream Partners LP (WES), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 2.52. The interest coverage ratio of the stock is 4.34.
Currently, EBITDA for the company is 2.66 billion with net debt to EBITDA at 3.08. When we switch over and look at the enterprise to sales, we see a ratio of 6.3. The receivables turnover for the company is 5.0for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
In conclusion, Western Midstream Partners LP (WES) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
