Western Midstream Partners, LP (WES) Stock Analysis
Energy · Oil & Gas Midstream
Sell if holding. Analyst target reached at $42.79 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Occidental (60.0%).
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting... Read more
Sell if holding. Analyst target reached at $42.79 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Occidental (60.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 6.0/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerOccidental60%10-K Item 1A: 'We rely on Occidental for over 50% of revenues... 60% of Total revenues and other... were attributable to production owned or controlled by Occidental.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $42.79 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Occidental (60.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $41.41. Score 6.0/10, moderate confidence.
Take-profit target: $41.96 (-1.9% upside). Prior stop was $41.41. Stop-loss: $41.41.
Concentration risk — Customer: Occidental (60.0%); Analyst target reached - limited upside remaining; Near 52-week high (4.4% away).
Western Midstream Partners, LP trades at a P/E of 14.2 (forward 11.4). TrendMatrix value score: 7.2/10. Verdict: Sell.
18 analysts cover WES with a consensus score of 3.3/5. Average price target: $42.
What does Western Midstream Partners, LP do?Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the...
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.