▲ +9.69% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Western Midstream Partners in the last 3 months. The average price target is $14.56, with a high forecast of $23.00 and a low forecast of $5.00. The average price target represents a 9.69% upside from the last price of $13.27.
The current consensus among 11 investment analysts is to hold stock in Western Midstream Partners. This rating has held steady since September 2020, when it changed from a Buy consensus rating.
Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids (NGLs), and crude oil primarily in the United States. It is also involved in gathering and disposing of produced water; and buying and selling of natural gas, NGLs, and condensate. 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. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP is a subsidiary of Anadarko Petroleum Corporation.