Western Midstream Partners, LP – Consensus Indicates Potential 16.7% Upside

Broker Ratings

Western Midstream Partners, LP with ticker code (WES) have now 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 31 and 21 calculating the average target price we see 25. Now with the previous closing price of 21.43 this is indicating there is a potential upside of 16.7%. The day 50 moving average is 19.89 and the 200 day MA is 20.19. The company has a market cap of $9,212m. Find out more information at: http://www.westernmidstream.com

Western Midstream Partners, LP, together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids, and crude oil; and gathering and disposing of produced water. The company also buys and sells natural gas, NGLs, and condensate. 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. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP operates as a subsidiary of Occidental Petroleum Corporation.

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