Western Midstream Partners LP (NYSE: WES) kicked off on Tuesday, down -1.55% from the previous trading day, before settling in for the closing price of $37.98. Over the past 52 weeks, WES has traded in a range of $26.49-$42.80.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 6.75% over the last five years. While this was happening, its average annual earnings per share was recorded 56.09%. With a float of $210.68 million, this company’s outstanding shares have now reached $379.52 million.
The firm has a total of 1377 workers. Let’s measure their productivity. In terms of profitability, gross margin is 58.54%, operating margin of 44.18%, and the pretax margin is 45.47%.
Western Midstream Partners LP (WES) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Western Midstream Partners LP is 44.63%, while institutional ownership is 38.80%. The most recent insider transaction that took place on Aug 14 ’24, was worth 697,125,000. In this transaction 10% Owner of this company sold 19,500,000 shares at a rate of $35.75, taking the stock ownership to the 165,681,578 shares. Before that another transaction happened on Aug 14 ’24, when Company’s 10% Owner sold 19,500,000 for $35.75, making the entire transaction worth $697,125,000. This insider now owns 165,681,578 shares in total.
Western Midstream Partners LP (WES) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 56.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.42% during the next five years compared to 9.01% growth over the previous five years of trading.
Western Midstream Partners LP (NYSE: WES) Trading Performance Indicators
Take a look at Western Midstream Partners LP’s (WES) current performance indicators. Last quarter, stock had a quick ratio of 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.15. Likewise, its price to free cash flow for the trailing twelve months is 12.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.88, a number that is poised to hit 0.83 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of Western Midstream Partners LP (WES)
Analysing the last 5-days average volume posted by the [Western Midstream Partners LP, WES], we can find that recorded value of 1.16 million was lower than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 12.03%. Additionally, its Average True Range was 0.70.
During the past 100 days, Western Midstream Partners LP’s (WES) raw stochastic average was set at 17.66%, which indicates a significant increase from 7.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.31% in the past 14 days, which was lower than the 23.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.59, while its 200-day Moving Average is $36.46. Now, the first resistance to watch is $37.99. This is followed by the second major resistance level at $38.60. The third major resistance level sits at $38.99. If the price goes on to break the first support level at $36.99, it is likely to go to the next support level at $36.60. Now, if the price goes above the second support level, the third support stands at $35.99.
Western Midstream Partners LP (NYSE: WES) Key Stats
The company with the Market Capitalisation of 14.23 billion has total of 380,506K Shares Outstanding. Its annual sales at the moment are 3,106 M in contrast with the sum of 1,022 M annual income. Company’s last quarter sales were recorded 905,630 K and last quarter income was 378,650 K.
