Western Midstream Partners LP (NYSE: WES) kicked off on Friday, up 0.26% from the previous trading day, before settling in for the closing price of $38.59. Over the past 52 weeks, WES has traded in a range of $33.60-$43.33.
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 20.33%. While this was happening, its average annual earnings per share was recorded -13.09%. With a float of $239.15 million, this company’s outstanding shares have now reached $381.33 million.
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 41.38%, while institutional ownership is 36.28%. The most recent insider transaction that took place on Nov 27 ’24, was worth 662,527.
Western Midstream Partners LP (WES) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.88 earnings per share (EPS), higher than consensus estimate (set at 0.88) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.32% 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
Take a look at Western Midstream Partners LP’s (WES) current performance indicators. Last quarter, stock had a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.22. Likewise, its price to free cash flow for the trailing twelve months is 10.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 3.71 in one year’s time.
Technical Analysis of Western Midstream Partners LP (WES)
Compared to the last year’s volume of 1.3 million, its volume of 2.05 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.94%.
During the past 100 days, Western Midstream Partners LP’s (WES) raw stochastic average was set at 39.87%, which indicates a significant decrease from 63.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.79 in the past 14 days, which was higher than the 0.72 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.40, while its 200-day Moving Average is $38.93. Nevertheless, the first resistance level for the watch stands at $39.08 in the near term. At $39.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.76. If the price goes on to break the first support level at $38.40, it is likely to go to the next support level at $38.12. Now, if the price goes above the second support level, the third support stands at $37.72.
Western Midstream Partners LP (NYSE: WES) Key Stats
The company with the Market Capitalisation of 15.79 billion has total of 407,996K Shares Outstanding. Its annual sales at the moment are 3,605 M in contrast with the sum of 1,574 M annual income. Company’s last quarter sales were recorded 952,480 K and last quarter income was 339,620 K.
