Western Midstream Partners, LP – Consensus Indicates Potential 25.8% Upside

Broker Ratings

Western Midstream Partners, LP found using ticker (WES) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 37 and 27 with a mean TP of 33.17. Now with the previous closing price of 26.37 this would imply there is a potential upside of 25.8%. The 50 day moving average now sits at 27.24 and the 200 day moving average is 26.84. The company has a market capitalisation of $10,038m. Find out more information at: https://www.westernmidstream.com

The potential market cap would be $12,626m based on the market concensus.

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Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company 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.

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