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WES – Western Midstream Partners LP

Not Compliant

—X—

Western Midstream Partners LP is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$10,716,579,332

Market cap

96.37%

Revenue Growth

BUY

Analysts' Rating

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Recommendation Rating

1.85

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 30.92

Low: 28

High: 35

Total Analysts: 11

Company Profile

Western Midstream Partners LP owns, develops, and operates midstream assets. The Company is engaged in the business of 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. The Company’s midstream assets are located in the Rocky Mountains, North-central Pennsylvania, Texas, and New Mexico. In addition, in its capacity as a processor of natural gas, the Company also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain of its contracts. Its DBM oil system features three central production facilities and two Regional Oil Treating Facilities (ROTFs). The Company operates approximately two gas processing plant and has over 1.3 billion cubic feet (BCF). It also operates more than 35 water disposal wells and approximately 1.2 million barrels of water capacity.

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