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.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 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.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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
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.
Click below to find out what other community members have to say.
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:
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:
- Choose where to buy Western Midstream Partners stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Western Midstream Partners stock
- Execute your WES trade
- 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 TodayIf you would like to get the latest scoop on your investment in Western Midstream Partners, hit the button below to create your watchlist.
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