J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Western Midstream Partners with a price target of $42.00. Tonet is a 5-star analyst with a 7.9% average return and 57.17% success rate. The analyst consensus on the company is a Hold with an average price target of $40.33. Western Midstream Partners reported a quarterly revenue of $917.12 million and net profit of $309.01 million for Q1.
Western Midstream Partners, LP (WES) reported its Q1 2025 financial results, with quarterly revenue of $917.12 million and net profit of $309.01 million. The company's stock closed at $40.14 on July 2, 2025, up by 1.7% from the previous day's close. This performance outpaced the S&P 500's gain of 0.14% for the day.
J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on WES with a price target of $42.00. Tonet is a highly-rated analyst with a 7.9% average return and a 57.17% success rate. The analyst consensus on the company is a Hold with an average price target of $40.33. Western Midstream Partners operates as a midstream energy company primarily in the United States, focusing on gathering, compressing, treating, processing, and transporting of natural gas, condensate, natural gas liquids (NGLs), and crude oil [1].
WES's full-year Zacks Consensus Estimates call for earnings of $3.4 per share and revenue of $3.77 billion. These results would represent year-over-year changes of -15.42% and +4.44%, respectively. The company's Forward P/E ratio of 11.61 is a discount compared to its industry average Forward P/E of 20.31. The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry has a Zacks Industry Rank of 162, placing it in the bottom 35% of all 250+ industries [2].
Investors should pay close attention to the earnings performance of Western Midstream in its upcoming release. The company is expected to report EPS of $0.83, down 14.43% from the prior-year quarter. Analysts' recent estimate revisions can provide insights into the evolving nature of short-term business trends and their potential impact on stock price performance [3].
References:
[1] https://finance.yahoo.com/quote/WES/
[2] https://finance.yahoo.com/news/western-midstream-wes-exceeds-market-221504865.html
[3] https://www.nasdaq.com/articles/western-midstream-wes-exceeds-market-returns-some-facts-consider
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