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Incorporated in 2007 and based in The Woodlands, Texas, Western Midstream Partners, LP (WES), and its subsidiaries, operates as a midstream energy company, primarily in the United States. 

It gathers, compresses, treats, processes, and transports natural gas; gathers, stabilizes, and transports condensate, natural gas liquids (NGLs), and crude oil; and gathers and disposes of produced water.

It also buys and sells natural gas, NGLs, and condensate.

The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019.

Three key data points gauge WES or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

WES Price

Western Midstream’s share price fell 2.5% last year from $38.80 to $37.85 per Thursday’s market price.

Fourteen analysts cover the stock.

The median gain of those 14 analyst annual Western price targets was$2.48. That target would put WES stock price for 2026 at just over $40.00. Of course, the price could also stay flat, or decline.

WES Dividends

Western Midstream has paid dividends since quarterly since February, 2013.

The current forward-looking annual dividend of $3.64 yields 9.62%.

WES Returns

Putting it all together, a $5.79 estimated gross gain per share shows up when adding WES’s annual $3.64 dividendto an average estimated $2.15 annual price gain.

A little over $1000 invested at the recent $37.85 share price would buy 26.5 shares which, multiply the $5.79 estimated gross gain to $152.97 for the coming year.

Over two thirds of that $153 gain comes from the annual $96.20 dividend generated from your $1,000 investment. Furthermore, the $96.20 annual dividend income from $1,000 invested is over 2.5 times greater than the recent $37.85 single-share price.

(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you could choose to pounce on WES with itsdividend payout over 2.4X the single share-price.

The exact track of WES’s future share price and dividends will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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