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How to Buy Western Midstream Partners Stock

Western Midstream Partners LP

Western Midstream Partners is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker WES on the NYSE exchange.

Western Midstream Partners stock last closed at $28.24, down 1.4% from the previous day, and has increased 9.2% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.02 percentage points. Western Midstream Partners stock is currently +18.71% from its 52-week low of $23.79, and -6.49% from its 52-week high of $30.20.

At the moment, there are 379.52M shares of WES outstanding. The market value of WES is $10.72B. In the last 24 hours, 683,379 WES shares were traded.

How to Buy Western Midstream Partners Stock

Not sure how to invest in Western Midstream Partners stock? Here's how.
  1. Choose where to buy Western Midstream Partners stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Western Midstream Partners stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your method of payment and add your info.
  4. Analyze Western Midstream Partners stock: The Western Midstream Partners ticker symbol is WES. Is Western Midstream Partners stock a good investment? Should you buy shares of WES? How do WES's underlying business fundamentals look? Do top analysts think Western Midstream Partners is a good buy? Why has WES's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if WES is a good stock to buy).
  5. Execute your WES trade: Decide if you will purchase WES shares at the current market price or use a limit order to buy WES stock at a particular price.
  6. Get the latest news on your investment in WES: Create a watchlist to keep tabs on your investment in Western Midstream Partners stock.

Step 1: Choose where to buy Western Midstream Partners stock

You will need a brokerage account in order to access the NYSE market and buy WES stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy WES stock today.

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  2. Enter your personal data to create a new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've filled out your info on investing apps, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details transferring money into your brokerage account.

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Step 4: Analyze Western Midstream Partners stock

After you have identified the best place to buy Western Midstream Partners stock, it's important to evaluate their stock prior to buying, so you actually comprehend the risk and upside.

Western Midstream Partners stock at a glance

WES Price
$28.24
1w %
-5.3%
1y %
9.2%
5y %
-5.39%
P/E
10.38x
P/B
3.8x
P/S
3.58x
PEG
0.65x
Revenue
$3.03B
Earnings
$1.05B
Fore. Rev. Growth
8.44%
Fore. Earn. Growth
17.73%
Market Cap
$10.72B
Next Earnings
N/A
Next Dividend
N/A

Western Midstream Partners Due Diligence Checks

WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on WES's stock page.

What is the fair value of WES stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge WES's fair value.

Using relative valuations ratios:

  • WES may be undervalued based on its P/E ratio of 10.38x, relative to Oil & Gas Midstream industry P/E ratio of -31.21x
  • WES may be overvalued based on its P/B ratio of 3.8x, relative to Oil & Gas Midstream industry P/B ratio of 2.18x
  • WES could be undervalued based on its PEG ratio of 0.65x

You can do more valuation research on WES's stock here.

WES Financial Health Overview

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the WES balance sheet.
  • Total WES debt is lower than 5 years ago, relative to shareholder equity.
  • WES profit margin has gone up from 34.4% to 34.5% in the past year.
  • WES's operating cash flow of $1.68B allows it to safely service it's debt of $7.26B.

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the WES balance sheet.
  • WES earnings of $1.41B is not sufficient to cover its interest payments.
  • WES has a relatively high debt to equity ratio of 3.07.

Is Western Midstream Partners stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 9 Equities analysts who give ratings on WES, the consensus analyst rating on WES is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent WES Analyst Upgrades/Downgrades

Ned Baramov, a bottom 7% analyst from Wells Fargo downgrades WES to a hold rating and lowers their WES price target from $31.00 to $30.00, on Aug 11, 2023.

Jeremy Tonet, a top 23% analyst from JP Morgan downgrades WES to a hold rating and lowers their WES price target from $31.00 to $29.00, on Aug 9, 2023.

JR Weston, a top 25% analyst from Raymond James maintains WES with a buy rating and lowers their WES price target from $34.00 to $32.00, on Jul 21, 2023.

Keith Stanley, a top 30% analyst from Wolfe Research downgrades WES to a sell rating and announces their WES price target of $25.00, on Jul 12, 2023.

You can dive deeper into what analysts are projecting on the Western Midstream Partners stock forecast page.

WES Technical Indicators

SMA10
29.05
SMA20
28.54
SMA50
27.88
SMA100
27.51
SMA200
26.9
MACD
0.37
MACD Signal
0.41
MACD Histogram
-0.05
RSI
47.22
Stochastic %K
41.02
Stochastic %D
61.98
StochRSI %K
13.88
StochRSI %D
47.22

WES Growth Numbers

Last year, WES earnings were $1.05B. In the past 5 year, WES's earnings have gone up by 9.73% per year. This was slower than the Oil & Gas Midstream industry average of 73.97%.

Last year, WES revenue was $3.03B. During the past 5 year, WES's revenue has increased by 4.58% per year. This was slower than the Oil & Gas Midstream industry average of 8.85%.

You can research WES's earnings and revenue performance here.

Latest Insiders Trades at WES

In the past year, insiders at WES have sold more shares than they have bought.

Occidental Petroleum Corp, 10% Owner of WES, was the latest WES insider to sell. They sold $127,500,000.00 worth of WES shares on Sep 12, 2023.

Research more about who owns WES shares here.

Does WES provide a stable income stream?

Western Midstream Partners pays a dividend of 8.83%, compared to the Oil & Gas Midstream industry's average dividend yield of 7.04%. If you owned $1,000 of WES stock, you would have received $88.30 last year.

Western Midstream Partners dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about Western Midstream Partners dividend yield and history here.

What others are saying about WES

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your WES trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open button and your broker will place your order.

If you want additional help with buying stocks on eToro, watch the how to video below:

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Step 6: Get the latest news on your investment in WES

Now that you own some WES shares, you'll want to keep up with your investment.

Add WES to a watchlist to get alerted to the latest events about your WES stock.

WES Feed

How to Buy Stock in Western Midstream Partners

To reiterate, here are the 6 steps to buy Western Midstream Partners stock:

  1. Choose where to buy Western Midstream Partners stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Western Midstream Partners stock
  5. Execute your WES trade
  6. Get the latest news on your investment in WES

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Western Midstream Partners, hit the button below to create your watchlist.

NYSE: WES
$28.24-0.40 (-1.4%)
Updated Dec 7, 2023
Open eToro Account
NYSE: WES
$28.24-0.40 (-1.4%)
Updated Dec 7, 2023
Open eToro Account

FAQ

How much does it cost to buy one Western Midstream Partners share?

As of Dec 7, 2023, it costs $28.24 to buy one share of Western Midstream Partners stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.354 shares of WES.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Western Midstream Partners stock?

According to 9 Wall Street analysts who monitor Western Midstream Partners, their consensus recommendation is to buy Western Midstream Partners stock.

What is the best way to buy Western Midstream Partners stock?

One way to place an order for Western Midstream Partners stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.