WES / Western Midstream Is A Value Play

Western Midstream's increasing organic throughput and recent M&A add confidence that the partnership can grow earnings and distributions. Quarterly di more_horizontal

While the top- and bottom-line numbers for Western Midstream (WES) give a sense of how the business performed in the quarter ended September 2023, it more_horizontal

At an 8.3% annualized yield, Western Midstream is well above the 5% of a two-year Treasury. more_horizontal

Western Midstream's share price has stagnated despite efforts to improve shareholder returns, but it offers a dividend yield of over 8%. The company's more_horizontal

Western Midstream Partners LP offers a high dividend yield of over 8.6% and is reliant on strong natural gas prices for earnings growth. The company's more_horizontal

Pipeline and oil and gas processing plant operator Western Midstream Partners said on Tuesday it is acquiring Meritage Midstream Services II LLC for $ more_horizontal

Western Midstream's stock has returned over 11% since I called it one of the cheapest stocks in the midstream space. The company expects strong growth more_horizontal

Western Midstream's recent weakness has resulted in the company's share price declining, meaning it now represents a valuable opportunity. The company more_horizontal