Stifel Nicolaus analyst Selman Akyol maintained a Buy rating on Western Midstream Partners (WES – Research Report) today and set a price target of $35.00. The company’s shares closed yesterday at $30.18.
According to TipRanks, Akyol is a 5-star analyst with an average return of 6.2% and a 65.66% success rate. Akyol covers the Energy sector, focusing on stocks such as Sunoco, Enterprise Products Partners, and Archrock.
The word on The Street in general, suggests a Hold analyst consensus rating for Western Midstream Partners with a $30.75 average price target.
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WES market cap is currently $11.69B and has a P/E ratio of 11.37.
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Western Midstream Partners (WES) Company Description:
Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.
Read More on WES:
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2023 RESULTS
- WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION
- Occidental (NYSE:OXY) Explores Western Midstream Stake Cut
- Western Gas Partners trading resumes
- Western Midstream issues statement regarding reports of sales process
