Analyst Price Target is $37.88
▼ -0.85% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Western Midstream Partners in the last 3 months. The average price target is $37.88, with a high forecast of $41.00 and a low forecast of $34.00. The average price target represents a -0.85% upside from the last price of $38.20.
Current Consensus is
Reduce
The current consensus among 10 polled investment analysts is to reduce stock in Western Midstream Partners. This rating changed within the last month from a Hold consensus rating.
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It 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 produced water. The company also buys and sells natural gas, NGLs, and condensate. It operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. 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.
Read More