In the latest close session, Western Midstream (WES) was up +1.94% at $41.08. The stock outperformed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow gained 0.53%, and the Nasdaq, a tech-heavy index, lost 1.51%.
Prior to today's trading, shares of the oil and gas transportation and storage company had gained 1.84% lagged the Oils-Energy sector's gain of 10.63% and outpaced the S&P 500's gain of 0.93%.
Market participants will be closely following the financial results of Western Midstream in its upcoming release. The company plans to announce its earnings on February 18, 2026. The company is forecasted to report an EPS of $0.91, showcasing a 7.06% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.11 billion, up 19.98% from the year-ago period.
WES's full-year Zacks Consensus Estimates are calling for earnings of $3.44 per share and revenue of $3.93 billion. These results would represent year-over-year changes of -14.43% and 0%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Western Midstream. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.26% lower within the past month. Right now, Western Midstream possesses a Zacks Rank of #4 (Sell).
Looking at valuation, Western Midstream is presently trading at a Forward P/E ratio of 11.05. This signifies a discount in comparison to the average Forward P/E of 16.51 for its industry.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WES in the coming trading sessions, be sure to utilize Zacks.com.
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This article originally published on Zacks Investment Research (zacks.com).
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