Western Midstream Partners, LP found using ticker (WES) now have 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 35 and 28 calculating the average target price we see 30.92. Given that the stocks previous close was at 27.14 this indicates there is a potential upside of 13.9%. The day 50 moving average is 25.34 and the 200 day MA is 22.95. The market cap for the company is $11,201m. Find out more information at: https://www.westernmidstream.com
The potential market cap would be $12,761m based on the market concensus.
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates 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. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
