Western Midstream Partners (NYSE: WES) has recently received a number of price target changes and ratings updates:
- 5/21/2026 – Western Midstream Partners had its price target raised by UBS Group AG from $40.00 to $45.00. They now have a “neutral” rating on the stock.
- 5/16/2026 – Western Midstream Partners was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/13/2026 – Western Midstream Partners had its price target raised by Wells Fargo & Company from $41.00 to $43.00. They now have an “equal weight” rating on the stock.
- 5/12/2026 – Western Midstream Partners had its price target raised by Citigroup Inc. from $39.00 to $42.00. They now have a “neutral” rating on the stock.
- 5/7/2026 – Western Midstream Partners was given a new $46.00 price target by Stifel Nicolaus. They now have a “buy” rating on the stock.
Western Midstream Partners Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $0.93 dividend. This is a boost from Western Midstream Partners’s previous quarterly dividend of $0.91. The ex-dividend date was Friday, May 1st. This represents a $3.72 dividend on an annualized basis and a dividend yield of 8.2%. Western Midstream Partners’s dividend payout ratio (DPR) is 121.57%.
Insider Activity
In other news, Director Robert G. Phillips purchased 1,250 shares of the stock in a transaction on Wednesday, March 11th. The stock was purchased at an average price of $40.19 per share, with a total value of $50,237.50. Following the completion of the transaction, the director owned 5,296 shares in the company, valued at approximately $212,846.24. The trade was a 30.89% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.04% of the stock is owned by corporate insiders.
Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.
The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.
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