Western Midstream Partners, LP WES
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Western Midstream Partners, LP (WES) Business Model and Operations Summary
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Key Insights
Western Midstream Partners, LP (WES) Core Market Data and Business Metrics
Latest Closing Price
$41.61Market Cap
$15.54 BillionTotal Outstanding Shares
381.32 Million SharesTotal Employees
1,511Dividend
$0.88 Per Share QuarterlyIPO Date
December 7, 2012SIC Description
Natural Gas TransmissionPrimary Exchange
New York Stock ExchangeHeadquarters
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, 77380-7046
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 4,479,163 Shares | -25.06% | 3/14/2025 | 2.64 |
| 5,976,684 Shares | -5.77% | 2/28/2025 | 4.41 |
| 6,342,765 Shares | -14.98% | 2/14/2025 | 5.49 |
| 7,460,126 Shares | +46.20% | 1/31/2025 | 4.29 |
| 5,102,793 Shares | -2.05% | 1/15/2025 | 5.02 |
| 5,209,821 Shares | +0.59% | 12/31/2024 | 4.65 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-1.28 Billion |
| Net Cash Flow, Continuing | $817.68 Million |
| Net Cash Flow From Investing Activities, Continuing | $-39.17 Million |
| Net Cash Flow From Operating Activities | $2.14 Billion |
| Net Cash Flow From Operating Activities, Continuing | $2.14 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-1.28 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Income/Loss Before Equity Method Investments | $1.52 Billion |
| Net Income/Loss Attributable To Parent | $1.57 Billion |
| Income/Loss From Continuing Operations Before Tax | $1.63 Billion |
| Net Income/Loss | $1.61 Billion |
| Income/Loss From Equity Method Investments | $112.39 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $1.61 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss | $1.61 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Current Liabilities | $1.69 Billion |
| Other Non-current Assets | $933.25 Million |
| Equity Attributable To Parent | $3.24 Billion |
| Noncurrent Assets | $11.30 Billion |
| Current Assets | $1.85 Billion |
| Other Current Liabilities | $1.63 Billion |
Historical Dividends
Current dividend: $0.88 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 24, 2025 | Feb 14, 2025 | Feb 3, 2025 | $0.875 | Quarterly |
| Oct 17, 2024 | Nov 14, 2024 | Nov 1, 2024 | $0.875 | Quarterly |
| Jul 18, 2024 | Aug 14, 2024 | Aug 1, 2024 | $0.875 | Quarterly |
| Jan 22, 2024 | Feb 13, 2024 | Feb 1, 2024 | $0.575 | Quarterly |
| Oct 19, 2023 | Nov 13, 2023 | Nov 1, 2023 | $0.575 | Quarterly |
| Jul 21, 2023 | Aug 14, 2023 | Jul 31, 2023 | $0.5625 | Quarterly |