With a more than 8% yield, Western Midstream Partners (NYSE: WES) should be hard to ignore.
However, it doesn’t have as much positive coverage on Wall Street as other master limited partnerships (MLPs)
As a result, it’s flying under the radar of most investors. Here’s a look at why you won’t want to ignore this high-yielding MLP. Underfollowed and unloved Fourteen Wall Street analysts currently cover Western Midstream Partners.
Only four have a “buy” rating on the MLP, while nine rate it a “hold” and one has a “sell” rating. For comparison, 21 analysts currently cover both Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD). They’re very bullish on Energy Transfer (five “strong buys” and 14 “buy” ratings) and moderately bullish on Enterprise Products Partners (two “strong buys” and eight “buys”).