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Western Midstream Partners, LP (WES)

43.01 +0.23 (+0.54%)
At close: June 26 at 4:00:03 PM EDT
43.30 +0.29 (+0.67%)
After hours: 8:00:00 PM EDT
Trade WES on Coinbase
Chart Range Bar
Loading chart for WES
  • Previous Close 42.78
  • Open 42.78
  • Bid 42.85 x 30000
  • Ask 42.87 x 80000
  • Day's Range 42.64 - 43.13
  • 52 Week Range 36.90 - 48.01
  • Volume 623,472
  • Avg. Volume 1,398,179
  • Market Cap (intraday) 17.77B
  • Beta (5Y Monthly) 0.65
  • PE Ratio (TTM) 14.15
  • EPS (TTM) 3.04
  • Earnings Date (est.) Aug 5, 2026
  • Forward Dividend & Yield 3.72 (8.65%)
  • Ex-Dividend Date May 1, 2026
  • 1y Target Est 45.25

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.

www.westernmidstream.com

1,704

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Performance Overview

Trailing total returns as of 6/26/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WES
13.76%
S&P 500 (^GSPC)
7.43%

1-Year Return

WES
22.66%
S&P 500 (^GSPC)
19.75%

3-Year Return

WES
116.19%
S&P 500 (^GSPC)
69.89%

5-Year Return

WES
196.56%
S&P 500 (^GSPC)
71.79%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 1.12B
Earnings 349.3M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
200M
400M
600M
800M
1B

Analyst Insights

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Analyst Price Targets

38.00 Low
45.25 Average
43.01 Current
54.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 6/10/2026
Analyst Morgan Stanley
Rating Action Upgrade
Rating Equal-Weight
Price Action Announces
Price Target 51

Statistics

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Valuation Measures

Annual
As of 6/26/2026
  • Market Cap

    17.77B

  • Enterprise Value

    25.83B

  • Trailing P/E

    14.15

  • Forward P/E

    14.43

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.17

  • Price/Book (mrq)

    5.28

  • Enterprise Value/Revenue

    6.38

  • Enterprise Value/EBITDA

    10.73

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    29.51%

  • Return on Assets (ttm)

    7.35%

  • Return on Equity (ttm)

    36.69%

  • Revenue (ttm)

    4.05B

  • Net Income Avi to Common (ttm)

    1.2B

  • Diluted EPS (ttm)

    3.04

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    647.49M

  • Total Debt/Equity (mrq)

    248.29%

  • Levered Free Cash Flow (ttm)

    887.18M

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Company Insights

Fair Value

43.01 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

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