Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company 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 of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. 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.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $42.49 (-5.6%) | $45.00 | $47.66 (+5.9%) |
| 3 Months | $40.74 (-9.5%) | $45.00 | $49.70 (+10.4%) |
| 6 Months | $39.10 (-13.1%) | $45.00 | $51.79 (+15.1%) |
| 12 Months | $36.89 (-18.0%) | $45.00 | $54.89 (+22.0%) |