Fraud Expert: Dump these three popular stocks. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release. WebLisa Autry. Much of Western Midstreams recent success has been a result of the companys vast footprints in the industry-leading Delaware Basin and Denver-Julesburg (DJ) Basin. The Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, 3 Stocks to Buy No Matter Which Way Inflation Moves, Evolv | Under-The-Radar AI Play Worth a Look, Buying into Palantir Earnings? Based on the most current production-forecast information from our producer customers, WES is providing 2022 guidance as follows: We expect strong producer activity levels to continue in the Delaware Basin, leading to increased throughput during 2022, said Mr. Ure. Its one of the most profitable companies on Earth. Learn more on analysts' earnings estimate vs. WES's actual earnings. Environmental, Social and Governance (ESG) is really important to us, Craig states. Western Mass News: Springfield News, Weather, and Sports A replay of the conference call also will be available on the website following the call. In-depth profiles and analysis for 20,000 public companies. What is Western Midstream Partners's EPS forecast for next year? At this time, WES is not able to estimate the aggregate impact, if any, of these items on future period reported earnings. www.westernmidstream.com The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter. CI. Below are reconciliations of (i) gross margin (GAAP) to Adjusted gross margin (non-GAAP), (ii) net income (loss) (GAAP) and net cash provided by operating activities (GAAP) to Adjusted EBITDA (non-GAAP), and (iii) net cash provided by operating activities (GAAP) to Free cash flow (non-GAAP), as required under Regulation G of the Securities Exchange Act of 1934. According to companys latest data on outstanding shares, there are 384.61 million shares outstanding. A number of factors could cause actual results to differ materially from the projections, anticipated results, or other expectations expressed in this news release. In both the Delaware and DJ Basin, the firm gathers high vapor pressure oil into its gathering systems, from the producer, and stabilizes that oil at a central facility. WES -> NYSE - Western Midstream One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company's stock. As Western Midstream grows, the companys presence and scale in the Delaware and DJ Basins will provide an excellent platform for increased efficiency, careful expansion, a broader customer and producer base, and ultimately, further success. This story was reviewed by MarketBeat's editorial team prior to publication. If you experience any issues with this process, please contact us for further assistance. Fourth-quarter 2021 total throughput for crude-oil and NGLs assets(1) averaged 702 MBbls/d, representing a 10-percent sequential-quarter increase and a 13-percent increase from fourth-quarter 2020. For additional details on WESs financial and operational performance, please refer to the earnings slides and updated investor presentation available at www.westernmidstream.com. Were excited to now be in a place where we can continue to reduce leverage while simultaneously returning meaningful capital to unitholders through unit repurchases and distributions., Mr. Ure continued, Through the actions taken since our bond offering in 2020, we have returned approximately 18-percent(3) of our enterprise value through retired debt, repurchased units, and paid distributions. Northern Trust Corp raised its holdings in Western Midstream Partners by 1.3% in the 2nd quarter. We have also recently established an ESG Board Committee, which is comprised of three of our directors, and we have an internal team focused on identifying ESG-related solutions that could reduce our emissions footprint. In its capacity as a gas processor, Western also buys and sells gas, NGLs Duff & Phelps Investment Management Co. Has $16.51 Million Received an upgrade for WES Operatings long-term debt to BBB- from Standard & Poors, returning the Partnership to investment-grade. With 41 processing and treating facilities and 4,160 miles of pipeline, our assets are located in the heart of the Delaware Basin, one of the most-active basins in the US. The consensus estimate for Western Midstream Partners' current full-year earnings is $2.57 per share. Learn why top analysts are making this price prediction for Western Midstream Partners at MarketBeat. Learn more about the Western Midstream leadership team. Western Midstream Announces Third-Quarter WES will host a conference call on Thursday, February 24, 2022, at 1:00 p.m. Central Time (2:00 p.m. Eastern Time) to discuss fourth-quarter and full-year 2021 results. Western Midstream Should you invest $1,000 in Western Midstream Partners right now? Represents total throughput attributable to WES, which excludes (i) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating and (ii) for natural-gas throughput, the 25% third-party interest in Chipeta, which collectively represent WESs noncontrolling interests. HOUSTON Today Western Midstream Partners, LP (NYSE: WES) (WES or the Partnership) announced that the board of directors of its general partner declared a quarterly cash distribution (Base Distribution) of $0.5625 per unit for the second quarter of 2023, or $2.25 on an annualized basis. Louisville, KY News, Weather and Sports - WLKY Channel 32 Western Midstream Partners LP acquires, owns, develops and operates midstream assets. News Live 9.3K Favorites | TuneIn That mission begins in the communities where we live and work., Western Midstream For all periods presented, includes (i) the 25% third-party interest in Chipeta and (ii) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WESs noncontrolling interests. How can I listen to Western Midstream Partners's earnings conference call? With the market capitalization of Western Midstream Partners LP currently standing at about $10.39 billion, investors are eagerly awaiting this quarters results, scheduled for Oct 31, 2023 Nov 06, 2023. WebLive. Western Midstream What is Western Midstream Partners's price-to-earnings ratio? Identify stocks that meet your criteria using seven unique stock screeners. Instead, Free cash flow should be considered indicative of the amount of cash that is available for distributions, debt repayments, and other general partnership purposes. Analysts have estimated the companys revenue for the quarter at $832.43 million, with a low estimate of $751.35 million and a high estimate of $893.04 million. Read Our Latest Report on Western Midstream Partners. No assurance, however, can be given that such expectations will prove to have been correct. Barnett & Company Inc. raised its holdings in shares of Western Midstream Partners by 2.8% in the 2nd quarter. The niche we have focused on is the gathering and processing side, as well as the assets closest to the wells, where we are an aggregator of volumes that can then be delivered to long haul pipes or to the next market center for either fractionation or delivery to end-use markets.. Net income available to limited partners for, Western Gas Partners, LP (NYSE: WES) today announced that Benjamin M. Fink has been named Senior Vice President and Chief, Western Gas Partners, LP (NYSE: WES) today announced that Donald R. Sinclair has joined the executive team of its general, Western Gas Partners, LP (NYSE: WES) today announced that Donald R. Sinclair has been promoted to Chief Executive Officer of, Western Gas Partners, LP (NYSE:WES) today announced that it has acquired certain midstream assets located in southwest Wyoming from, Western Gas Partners, LP (NYSE: WES) today announced fourth-quarter and full-year financial and operating results for 2009. This news release contains forward-looking statements. Brokers and nominees should treat one hundred percent (100.0%) of Western Midstream Partners, LPs distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Investors - Western Midstream Western Midstream Announces Second-Quarter 2021 Results - PR WES undertakes no obligation to publicly update or revise any forward-looking statements. SEC.gov Accordingly, Western Midstream Partners, LPs distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Western Midstream Announces Fourth-Quarter and Full-Year 2022 MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on and Western Midstream Partners wasn't on the list. Get Western Midstream Partners LP (wes) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Western Midstream Announces Third-Quarter 2021 Results - PR Kinetik Holdings (KNTK 1.74%), Plains All American Pipeline (PAA 1.73%), and Western Midstream (WES 1.52%) all currently offer big-time payouts. Gain / Loss Calculations. Western Midstream Western Midstream Net income available to limited partners for, Western Gas Partners, LP (NYSE:WES) today announced a registered underwritten public offering of 4,000,000 common units representing limited partner interests, WES Announces Second-Quarter Post-Earnings Interview and Upcoming Investor Conferences, Western Midstream Announces Second-Quarter 2023 Results, Western Midstream Announces Second-Quarter 2023 Distribution Increase and Earnings Conference Call, Western Midstream Announces Availability of 2022 Schedule K-3, Western Midstream Announces Sanctioning of New Cryogenic Plant and Updated 2023 Guidance, Western Gas Partners, LP Prices Initial Public Offering, Western Gas Partners, LP Announces Filing Of Form 10-Q For Period Ended March 31, 2008, Western Gas Partners, LP Declares Initial Distribution, Western Gas Partners Announces Earnings Release Date, Western Gas Partners Announces Second-Quarter 2008 Results, Western Gas Announces Acquisition and Third-Quarter 2008 Results, Western Gas Announces Fourth-Quarter and Full-Year 2008 Results, Western Gas Partners, LP Files 2008 Annual Report, Western Gas Partners, LP Declares Distribution and Schedules Earnings Conference Call, Western Gas Partners Announces First-Quarter 2009 Results, Western Gas Partners, LP Names New Chief Financial Officer, Western Gas Completes Acquisition of Midstream Assets from Anadarko, Western Gas Partners Announces Second-Quarter 2009 Results, Western Gas Partners to Present at Upcoming Investor Conference, Western Gas Partners, LP Expands Executive Team, Western Gas Partners, LP Closes $350 Million Revolving Credit Facility, Western Gas Partners Announces Third-Quarter 2009 Results, Western Gas Partners, LP Announces Public Offering of 6,000,000 Common Units, Western Gas Partners, LP Prices Public Offering of 6,000,000 Common Units, Western Gas Partners, LP Promotes Sinclair to CEO, Western Gas Partners Acquires Midstream Assets From Anadarko, Western Gas Partners Announces Fourth-Quarter and Full-Year 2009 Results, Western Gas Partners, LP Files 2009 Annual Report, Western Gas Partners Announces First-Quarter 2010 Results, Western Gas Partners, LP Announces Public Offering of 4,000,000 Common Units, Learn about our mission and what drives us, Our values and principles drive our culture. Western Midstream Partners LP We are out on our own now, and we want to create a brand identity that people will associate with Western Midstream. With midstream assets located in the Rocky Mountains, Pennsylvania, New Mexico, and Texas, Western Midstream is engaged in the gathering, compressing, treating, processing, stabilizing and transporting of natural gas, natural gas liquids and crude oil. Western Midstream In-depth profiles and analysis for 20,000 public companies. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas, and New Mexico, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, NGLs, and crude oil; and gathering and disposing of produced water for its customers. What You Didnt Know About Newell Brands Inc. (NASDAQ: NWL) This Week, BP p.l.c.s Stock Price Plummeted Recently, But There Might Be Trouble Ahead. Western Midstream Partners (NYSE:WES) has a recorded annual revenue of $3.25 billion. With our superior asset base, outstanding customer portfolio, and strong financial policy, we believe were in a great position to continue our financial success and return incremental value back to unitholders.. Western Midstream Announces Board and Officer Changes Western Midstream Partners, LP (NYSE:WES - Free Report) - Investment analysts at US Capital Advisors lowered their Q4 2023 earnings per share estimates for shares of Western Midstream Partners in a research report issued on Thursday, August 17th.US Capital Advisors analyst J. Carreker now expects that the pipeline company will Western Midstream At Western Midstream, we promise to treat your data with respect and will not share your information with any third party. Western Midstream Announces Second-Quarter 2023 Is Now the Time to Buy these 3 Most Downgraded Stocks? Western Midstream 05/04/2023. How can I read Western Midstream Partners's conference call transcript? To see all exchange delays and terms of use please see Barchart's disclaimer. This means more hydrocarbons remain in the system, rather than escaping into the environment. Learn why top analysts are making this price prediction for Western Midstream Partners at MarketBeat. WES and its general partner believe that their expectations are based on reasonable assumptions. Accordingly, WES is not able to provide a corresponding GAAP equivalent for the Adjusted EBITDA range. Western Midstream Operations Read More. Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The enhanced distribution is subject to any continuing cash reserve requirements as determined by the Board. Elon Musk's Bitcoin Sales Rock Crypto Stocks: What Happens Next? Kerr-McGee Gathering is a unit of Western Midstream Partners (NYSE: WES), which is 53% owned by Occidental Petroleum. Western Midstream Partners has a 12-month low of $23.24 and a 12-month high of $29.18. By providing your email address below, you are providing consent to Western Midstream to send you the requested Investor Email Alert updates. The midstream space in the US is pretty broad, says Craig Collins, Senior Vice President and Chief Operating Officer at Western Midstream. Western Midstream Partners WES had $141 million of excess cash in 2022 and met the leverage target, resulting in a special distribution of $0.356 to be paid on 5/15/2023. The companys Forward Dividend Ratio is 2.25, with its dividend yield at 8.22%. Jul. Read Transcript. Western Midstream Partners had a net margin of 34.08% and a return on equity of 34.41%. The conference call for Western Midstream Partners's latest earnings report can be listened to online. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $30.80. The result is a greener, more positive environmental impact for Western Midstream and its producers. Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. 326 E 8th St #105, Sioux Falls, SD 57103 Western Midstream
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