Western Midstream Partners, LP (NYSE:WES) is set to announce second quarter earning results on Monday 10th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WES to report 2Q20 income of $ 0.50 per share.
For the full year, analysts anticipate top line of $ 2795.17 million, while looking forward to income of $ 1.26 per share bottom line.
Previous Quarter Performance
Western Midstream Partners, LP came out with income for the first quarter of $ 0.77 per share, from the revenue of $ 774.31 million. The quarterly revenues compared with the same quarter last year. Street analysts expected $ 710.42 million. The bottom line results street analysts by $ 0.02 or , at the same time, top line results outshined analysts by $ 63.89 million or 8.99 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WES was $ 9.89, representing a 241.03 % increase from the 52 week low of $ 2.90 and a 63.88 % decrease over the 52 week high of $ 27.38.
The company has a market capital of $ 4.39 billion and is part of the Energy sector and Oil & Gas Midstream industry.
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Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. It is also involved in the gathering and disposing of produced water; and buying and selling of natural gas. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019.
