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
$41.18Market Cap
$15.60 BillionTotal Outstanding Shares
381.33 Million SharesTotal Employees
1,511Current Dividend
$0.91 Per Share QuarterlyIPO Date
December 7, 2012SIC Description
Natural Gas TransmissionHeadquarters
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, 77380-7046