WES

Western Midstream Partners LP

39.85

Nov 05 • 3:59 PM ET -2.69 (-6.32%)

40.39

Aftermarket • 7:42 PM ET +0.54 (1.36%)

Energy Oil & Gas Midstream USA Large NYSE

Nov 05, 9:27 PMWestern Midstream lifts 2026 adjusted EBITDA outlook above $2.75–2.95B midpoint on surging volumes despite margin and CapEx pressure

Peers: TRGP KNTK AM HESM MPLX OKE PAA ET DTM EPD

| Held by: FCG DIV ENFR TPYP NBET USAI CZA BESF CVY TOLZ

Scroll to Statements

Index	-
Market Cap	16.47B
Enterprise Value	25.63B
Income	1.26B
Sales	4.33B
Book/sh	10.31
Cash/sh	0.25
Dividend Est.	3.73 (9.35%)
Dividend TTM	4.61 (11.57%)
Dividend Ex-Date	Nov 02, 2026
Dividend Gr. 3/5Y	25.30% 18.36%
Payout	121.12%
Employees	1704
IPO	Dec 07, 2012

P/E	12.55
Forward P/E	9.90
PEG	0.73
P/S	3.80
P/B	3.87
P/C	157.15
P/FCF	13.21
EV/EBITDA	10.36
EV/Sales	5.92
Quick Ratio	0.90
Current Ratio	0.91
Debt/Eq	2.14
LT Debt/Eq	2.09
Option/Short	Yes / Yes

EPS (ttm)	3.18
EPS next Y	4.03
EPS next Q	0.92
EPS this Y	24.33%
EPS next Y	8.66%
EPS next 5Y	13.63%
EPS past 3/5Y	-0.29% 20.24%
Sales past 3/5Y	5.73% 8.56%
EPS Y/Y TTM	-2.36%
Sales Y/Y TTM	18.00%
EPS Q/Q	13.25%
Sales Q/Q	29.97%
Earnings	Nov 04 AMC
EPS/Sales Surpr.	-14.85% 0.58%

Insider Own	37.73%
Insider Trans	0.00%
Inst Own	42.43%
Inst Trans	4.11%
ROA	8.82%
ROE	33.74%
ROIC	9.56%
Gross Margin	50.79%
Oper. Margin	39.25%
Profit Margin	29.00%
SMA20	-10.56%
SMA50	-13.39%
SMA200	-9.80%
Trades

Shs Outstand	413.17M
Shs Float	257.27M
Short Float	2.49%
Short Ratio	6.17
Short Interest	6.39M
52W High	50.07 -20.41%
52W Low	37.01 7.67%
Volatility	3.52% 2.06%
ATR (14)	1.11
RSI (14)	23.64
Beta	0.70
Rel Volume	4.67
Avg Volume	1.04M
Volume	4,840,803

Perf Week	-13.03%
Perf Month	-12.51%
Perf Quarter	-14.52%
Perf Half Y	-7.97%
Perf YTD	0.89%
Perf Year	4.18%
Perf 3Y	38.75%
Perf 5Y	86.76%
Perf 10Y	-3.63%
Recom	2.59
Target Price	49.54
Prev Close	42.54
Price	39.85
Change %	-6.32%

Consensus

Hold

Avg. Price Target

$49.54

Implied Upside

+24.3%

Analysts11incl. previous ratings

Rating Distribution3 Buy · 7 Hold · 1 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 20, 2026	Resumed	JJP Morgan	Neutral	$50	+25.5%
Sep 17, 2026	Initiated	TTruist	Buy	$55	+38.0%
Sep 10, 2026	Resumed	SStifel	Buy	$55	+38.0%
Jun 17, 2026	Resumed	MMizuho	Outperform	$48	+20.5%
Jun 10, 2026	Upgrade	MMorgan Stanley	Underweight → Equal-Weight	$51	+28.0%
May 08, 2026	Upgrade	SStifel	Hold → Buy	$46	+15.4%
Oct 20, 2025	Resumed	CCitigroup	Neutral	$39	-2.1%
Oct 25, 2024	Downgrade	MMorgan Stanley	Equal-Weight → Underweight	$42 → $40	+0.4%
Oct 17, 2024	Resumed	BBofA Securities	Underperform	$37	-7.2%
Sep 16, 2024	Downgrade	MMorgan Stanley	Overweight → Equal-Weight	$42	+5.4%
Jul 10, 2024	Downgrade	SStifel	Buy → Hold	$39	-2.1%
Apr 18, 2024	Upgrade	WWolfe Research	Underperform → Peer Perform
Mar 19, 2024	Downgrade	RRaymond James	Outperform → Mkt Perform
Feb 29, 2024	Downgrade	CCitigroup	Buy → Neutral	$30 → $34	-14.7%
Dec 13, 2023	Downgrade	BBofA Securities	Buy → Underperform	$30 → $27	-32.2%
Aug 11, 2023	Downgrade	WWells Fargo	Overweight → Equal Weight	$31 → $30	-24.7%
Aug 09, 2023	Downgrade	JJP Morgan	Overweight → Neutral	$31 → $29	-27.2%
Jul 12, 2023	Downgrade	WWolfe Research	Peer Perform → Underperform	$25	-37.3%
Jun 26, 2023	Initiated	UUBS	Neutral	$27	-32.2%
Apr 21, 2023	Initiated	RRaymond James	Outperform	$34	-14.7%

Nov-05-26 01:06PM	Western Midstream Misses On EPS As Margin Compression And Heavier Costs Offset Record Volumes And A Better 2027 Outlook (Earnings Whispers) -6.32%
Nov-04-26 04:26PM	Western Midstream: Q3 Earnings Snapshot (Associated Press)
04:05PM	Western Midstream Announces Third-Quarter 2026 Results (PR Newswire)
Oct-27-26 08:29PM	Western Midstream's First Full Brazos Quarter Tests Whether Raised 2026 Outlook Has Room To Run (Earnings Whispers)
Oct-19-26 04:05PM	Western Midstream Announces Third-Quarter 2026 Distribution and Earnings Conference Call (PR Newswire)
02:32AM	Loading…
Oct-16-26 02:32AM	Iofina commissions its largest iodine plant to date (Proactive)
Oct-12-26 03:24PM	Top Stock Reports for Oracle, American Express & Progressive (Zacks)
Oct-07-26 04:18PM	Hess Midstream Stock Plunges, but the Chevron Deal Has a Silver Lining (Barrons.com)
Sep-02-26 03:49PM	Oil Prices Are Elevated: 2 High-Yield Stocks to Buy in September (Zacks)
Aug-31-26 04:15PM	Primoris Services Corporation Announces Appointments of James A. Greer and Oscar K. Brown to Board of Directors (Business Wire)
Aug-18-26 05:21AM	WhiteWater and partners approve FID for Solitude Pipeline System (Offshore Technology)
Aug-17-26 07:06AM	Western Midstream Announces Participation in the Solitude Pipeline System (PR Newswire)
07:00AM	SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST (PR Newswire)
Aug-10-26 08:55AM	NYSE Content Update: Goldman Sachs Asset Management Launches Two New ETFs (PR Newswire)
07:00AM	Western Midstream Announces Second-Quarter Post-Earnings Interview with Chief Financial Officer, Kristen Shults and Participation in Upcoming Investor Conferences (PR Newswire)
04:39PM	Loading…
Aug-05-26 04:39PM	Western Midstream: Q2 Earnings Snapshot (Associated Press)
04:05PM	Western Midstream Announces Second-Quarter 2026 Results and Revised Full-year Guidance (PR Newswire)
09:18AM	Western Midstream Partners LP (WES) Q2 2026: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Aug-04-26 09:19AM	What To Expect From Western Midstream Partners LP (WES) Q2 2026 Earnings (GuruFocus.com)
Jul-31-26 07:04AM	Western Midstream Partners LP's Dividend Analysis (GuruFocus.com)
Jul-20-26 07:00AM	Western Midstream Announces Second-Quarter 2026 Distribution and Earnings Conference Call (PR Newswire)
Jul-01-26 04:05PM	Western Midstream Announces Availability of 2025 Schedule K-3 (PR Newswire)
02:13PM	EIC: Western Midstream Partners CEO Oscar Brown on Oil Price Impact (NYSE)
Jun-22-26 07:34PM	Western Midstream Announces Pricing of Notes Offering (PR Newswire)
Jun-17-26 11:15PM	Western Midstream Expands Permian Water Recycling With New Treatment Plant (Oilprice.com)
07:00AM	Western Midstream Announces Start-up of Second Produced-Water Treatment Facility in the Permian Basin (PR Newswire)
Jun-11-26 04:05PM	Western Midstream Announces Closing of Brazos Delaware Acquisition (PR Newswire)
May-11-26 07:00AM	Western Midstream Announces First-Quarter Post-Earnings Interview with CEO, Oscar Brown and VP, Jon Greenberg (PR Newswire)
May-07-26 09:40AM	Western Midstream to acquire Brazos Delaware II in $1.6bn deal (Offshore Technology)
May-06-26 04:41PM	Western Midstream: Q1 Earnings Snapshot (Associated Press)
04:07PM	Loading…
04:07PM	Western Midstream Announces First-Quarter 2026 Results (PR Newswire)
04:05PM	Western Midstream Announces Acquisition of Brazos Delaware (PR Newswire)
09:17AM	Earnings To Watch: Western Midstream Partners LP (WES) Reports Q1 2026 Result (GuruFocus.com)
Apr-29-26 03:47PM	Midstream Payout Growth Continues Into Q2 2026 (ETF Trends)
Apr-20-26 07:00AM	Western Midstream Announces First-Quarter 2026 Distribution and Earnings Conference Call (PR Newswire)
Apr-11-26 10:37PM	Australia forms urea task force as Hormuz crisis threatens food security (Investing.com)
Mar-05-26 12:13PM	Does Targa Resources' 25% Dividend Hike Outlook Make It A Smart Hold? (Zacks)
Mar-02-26 12:02PM	Want to Invest Like Billionaire Bill Gross? 3 Income Stocks to Buy Now. (Barchart)
Feb-28-26 06:07PM	Iran Attack Will Launch Energy Stocks 5 Strong Buy High-Yield Companies You Have To Own (24/7 Wall St.)
Feb-27-26 04:48PM	Western Midstream (WES) Reports $2.48B Adjusted EBITDA Driven by Robust Basin Throughput (Insider Monkey)
10:18AM	Western Midstream Partners (WES) Falls Behind Estimates in Q4 2025 (Insider Monkey)
Feb-24-26 11:32AM	WES Q4 Earnings Miss on Lower Throughput & Higher Expenses (Zacks)
01:16AM	Western Midstream Partners Q4 Earnings Call Highlights (MarketBeat)
Feb-23-26 07:00AM	Western Midstream Announces Fourth-Quarter Post-Earnings Interview with CFO, Kristen Shults (PR Newswire)
Feb-20-26 08:09AM	Kinetik could be up 5%-8% on FT article, says Clear Street (TipRanks)
Feb-19-26 04:04PM	Western Midstream Partners LP (WES) Q4 2025 Earnings Call Highlights: Record EBITDA and ... (GuruFocus.com) -5.49%
10:44AM	This Pipeline Operator Blips Up On Takeover Reports As AI Could Make 'Electricity The New Oil' (Investor's Business Daily)
Feb-18-26 08:21PM	Occidental Cuts Debt and Lifts Dividend After OxyChem Sale (Oilprice.com)
04:15PM	Western Midstream: Q4 Earnings Snapshot (Associated Press Finance)
04:05PM	Western Midstream Announces Record Fourth-Quarter and Full-Year 2025 Results (PR Newswire)
07:19AM	Western Midstream Partners LP (WES) Q4 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Feb-17-26 07:16AM	What To Expect From Western Midstream Partners LP (WES) Q4 2025 Earnings (GuruFocus.com)
Feb-16-26 09:15AM	Curious about Western Midstream (WES) Q4 Performance? Explore Wall Street Estimates for Key Metrics (Zacks)
Feb-15-26 07:57AM	Walmart earnings, spending data, and more AI disruptions: What to watch this week (Yahoo Finance)
Feb-12-26 09:15AM	Unveiling Western Midstream (WES) Q4 Outlook: Wall Street Estimates for Key Metrics (Zacks)
Feb-11-26 06:00PM	Why the Market Dipped But Western Midstream (WES) Gained Today (Zacks)
Feb-06-26 11:42AM	RBC Capital Maintains Hold Rating on Western Midstream (WES) (Insider Monkey)
Feb-04-26 06:00PM	Western Midstream (WES) Gains As Market Dips: What You Should Know (Zacks)
Jan-29-26 06:22PM	Wells Fargo Updates 2026 Assumptions for Western Midstream (WES) (Insider Monkey)
06:00PM	Western Midstream (WES) Ascends While Market Falls: Some Facts to Note (Zacks)
Jan-28-26 05:22AM	3 Under-the-Radar Dividend Stocks With Monster Yields of Up to 10.7% (Motley Fool)
Jan-23-26 07:00AM	WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALL (PR Newswire)
Jan-21-26 12:11PM	Western Midstream Secures New Deals with Occidental,ConocoPhillips (Rigzone.com)
03:05AM	This Energy Stock Secures a Win-Win Deal to Further Support its 8.8%-Yielding Dividend (Motley Fool)
Jan-20-26 07:00AM	WESTERN MIDSTREAM ANNOUNCES DELAWARE BASIN NATURAL-GAS CONTRACT AMENDMENTS IN EXCHANGE FOR COMMON UNITS AND ANNOUNCES INTERVIEW WITH CEO, OSCAR BROWN, AND CFO, KRISTEN SHULTS, DISCUSSING THESE TRANSACTIONS (PR Newswire)
Jan-19-26 01:35PM	2 No-Brainer High-Yield Pipeline Stocks to Buy With $1,000 Right Now (Motley Fool)
Jan-16-26 07:01PM	Dividend Investor Earns $30K a Month After 37 Years, Says He Started Investing in 1988 With Student Loans (Benzinga)
Jan-15-26 06:15PM	Western Midstream (WES) Stock Sinks As Market Gains: What You Should Know (Zacks)
Jan-08-26 06:15PM	Western Midstream (WES) Laps the Stock Market: Here's Why (Zacks)
Jan-05-26 06:47PM	2 Brilliant Ultra High-Yield Pipeline Stocks to Buy Now and Hold for the Long Term (Motley Fool)
Dec-29-25 06:21AM	The Smartest Pipeline Stocks to Buy With $1,000 Right Now (Motley Fool)
Dec-28-25 01:35AM	Looking to Supercharge Your Passive Income in 2026? These 3 Stocks Offer Yields as High as 10.3%. (Motley Fool)
Dec-19-25 05:35PM	If You Own Energy Transfer Stock, Take A Look At This Instead (Motley Fool)
Dec-17-25 10:00PM	3 Ultra High-Yield Stocks to Buy With $10,000 and Hold Forever (Motley Fool)
Dec-14-25 09:14AM	Retirees Are Choosing AMLP Over Traditional Dividend Funds For One Clear Reason: Double The Income (24/7 Wall St.)
Dec-12-25 07:07AM	Retirees Are Missing Out: MLPA Delivers Nearly 8% Income From Infrastructure Giants Like Energy Transfer (24/7 Wall St.)
Dec-02-25 03:00PM	2 Ultra-High-Yield Pipeline Stocks to Buy With $10,000 and Hold Forever (Motley Fool)
Dec-01-25 08:34PM	WESTERN MIDSTREAM ANNOUNCES PRICING OF NOTES OFFERING (PR Newswire)
Nov-29-25 07:45AM	Western Midstream price target raised to $42 from $39 at RBC Capital (TipRanks)
Nov-27-25 05:03AM	3 Brilliant High-Yield Stocks to Buy Now and Hold for the Long Term (Motley Fool)
Nov-24-25 07:00AM	WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER POST-EARNINGS INTERVIEW WITH CFO, KRISTEN SHULTS AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCES (PR Newswire)
Nov-19-25 08:55AM	These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar (Zacks)
Nov-17-25 11:09AM	Natural Gas Is Surging2 ETFs to Help You Profit (MarketBeat)
Nov-13-25 03:27AM	Stifel Raises Western Midstream (WES) Price Target Following Strong Q3 and Aris Integration (Insider Monkey)
Nov-06-25 02:00PM	Western Midstream Partners LP (WES) Q3 2025 Earnings Call Highlights: Record EBITDA and ... (GuruFocus.com)
Nov-04-25 04:53PM	Western Midstream: Q3 Earnings Snapshot (Associated Press Finance)
04:05PM	WESTERN MIDSTREAM ANNOUNCES RECORD THIRD-QUARTER 2025 RESULTS (PR Newswire)
07:22AM	Western Midstream Partners LP (WES) Q3 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Nov-03-25 07:20AM	Earnings To Watch: Western Midstream Partners LP (WES) Reports Q3 2025 Result (GuruFocus.com)
Oct-29-25 06:00PM	Western Midstream (WES) Stock Moves -1.29%: What You Should Know (Zacks)
Oct-28-25 08:50AM	How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises (Zacks)
01:01AM	WES- A High-Yielding Energy Play with Occidental's Backing (MoneyShow)
Oct-24-25 10:47AM	4 Midstream Energy MLPs Offer Reliable Yields as High as 10% (24/7 Wall St.)
Oct-21-25 06:00PM	Western Midstream (WES) Stock Moves -1.26%: What You Should Know (Zacks)
Oct-19-25 03:46AM	Western Midstream Partners LP (WES) is a 'Neutral' Ahead of ARIS Water Acquisition Completion: UBS (Insider Monkey)
Oct-17-25 07:00AM	WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALL (PR Newswire)
Oct-15-25 04:01PM	Amanda Brock Joins Solaris Energy Infrastructure as Co-Chief Executive Officer (Business Wire)
11:04AM	WESTERN MIDSTREAM COMPLETES ACQUISITION OF ARIS WATER SOLUTIONS (PR Newswire)
Oct-13-25 06:15PM	Western Midstream (WES) Ascends But Remains Behind Market: Some Facts to Note (Zacks)
10:00AM	3 Brilliant Pipeline Stocks to Buy Now and Hold for the Long Term (Motley Fool)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Brown Oscar K	President & CEO	Oct 28 '26	Option Exercise	0.00	52,659	0	138,099	Oct 29 04:54 PM
Forthuber Frederick A.	Director	Aug 12 '26	Buy	48.62	5,140	249,907	5,140	Aug 12 04:13 PM
PHILLIPS ROBERT G	Director	Mar 11 '26	Buy	40.19	1,250	50,238	5,296	Mar 12 04:00 PM
Brown Oscar K	President & CEO	Feb 12 '26	Option Exercise	0.00	24,022	0	95,950	Feb 13 05:27 PM
SCHULTE DAVID J	Director	Feb 12 '26	Option Exercise	0.00	3,843	0	40,072	Feb 13 05:26 PM
STEWART LISA A	Director	Feb 12 '26	Option Exercise	0.00	3,843	0	39,772	Feb 13 05:25 PM
PHILLIPS ROBERT G	Director	Feb 12 '26	Option Exercise	0.00	4,046	0	4,046	Feb 13 05:24 PM
Dial Christopher B.	SVP, GC and Secretary	Feb 12 '26	Option Exercise	0.00	91,788	0	237,139	Feb 13 05:24 PM
Dial Christopher B.	SVP, GC and Secretary	Feb 12 '26	Sale	42.35	5,879	248,976	185,011	Feb 13 05:24 PM
Owen Kenneth F.	Director	Feb 12 '26	Option Exercise	0.00	3,843	0	41,772	Feb 13 05:22 PM
Holderman Daniel P.	SVP & Chief Operating Officer	Feb 12 '26	Option Exercise	0.00	91,788	0	103,498	Feb 13 05:20 PM
Green Catherine A.	SVP & Chief Accounting Officer	Feb 12 '26	Option Exercise	0.00	63,315	0	122,950	Feb 13 05:18 PM
Shults Kristen S.	SVP & Chief Financial Officer	Feb 12 '26	Option Exercise	0.00	91,788	0	155,879	Feb 13 05:17 PM

Western Midstream Partners LP engages in the ownership, operation, acquisition, and development of midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.

PresidentMr. Oscar K. Brown

Senior VP & CFOMs. Kristen S. Shults CPA

Senior VP & COO of Western Midstream HoldingsMr. Daniel P. Holderman

Senior VP & Chief Accounting Officer of Western Midstream HoldingsMs. Catherine A. Green

Senior VPMr. Christopher B. Dial J.D.

open in yahoo | open in reuters | open in marketwatch | open in google | open in EDGAR

WES

Western Midstream Partners LP

Upgrade your Finviz experience