A new trading day began on Friday, with Western Midstream Partners LP (NYSE: WES) stock price down -7.96% from the previous day of trading, before settling in for the closing price of $40.20. WES’s price has ranged from $33.64 to $43.33 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 6.15% over the last five years. Meanwhile, its annual earnings per share averaged -14.01%. With a float of $211.51 million, this company’s outstanding shares have now reached $380.56 million.
The firm has a total of 1511 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.97%, operating margin of 44.74%, and the pretax margin is 45.19%.
Western Midstream Partners LP (WES) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Western Midstream Partners LP is 44.53%, while institutional ownership is 40.38%. The most recent insider transaction that took place on Nov 27 ’24, was worth 662,527. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -14.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.06% during the next five years compared to 20.33% growth over the previous five years of trading.
Western Midstream Partners LP (NYSE: WES) Trading Performance Indicators
Here are Western Midstream Partners LP’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.91. Likewise, its price to free cash flow for the trailing twelve months is 10.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.02, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.71 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 0.96 million was lower than the volume posted last year of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 30.28%. Additionally, its Average True Range was 1.20.
During the past 100 days, Western Midstream Partners LP’s (WES) raw stochastic average was set at 20.23%, which indicates a significant increase from 14.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.13% in the past 14 days, which was higher than the 29.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.69, while its 200-day Moving Average is $39.54. Now, the first resistance to watch is $38.50. This is followed by the second major resistance level at $39.99. The third major resistance level sits at $41.20. If the price goes on to break the first support level at $35.80, it is likely to go to the next support level at $34.59. Should the price break the second support level, the third support level stands at $33.10.
Western Midstream Partners LP (NYSE: WES) Key Stats
With a market capitalization of 14.11 billion, the company has a total of 381,321K Shares Outstanding. Currently, annual sales are 3,605 M while annual income is 1,574 M. The company’s previous quarter sales were 928,500 K while its latest quarter income was 333,610 K.
