WES Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: WES's solid fundamentals, enhanced by recent acquisitions and positive cash flow trends, position it favorably amidst a recovering natural gas market, implying potential upside.




Bearish Case: If macroeconomic conditions deteriorate further, leading to reduced demand for natural gas and pressure on margins due to high payout ratios, WES may face significant downside risks.




Potential Outcomes:

1. Continued strong cash flow growth (30% probability),

2. Successful asset integration (25%),

3. Regulatory headwinds affecting performance (20%),

4. Natural gas price volatility leading to earnings pressure (15%),

5. Negative market sentiment due to economic downturn (10%).




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November 17, 2024


Western Midstream Forecast

WES        Western Midstream











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