WES

Western Midstream Partners, LP

Energy · USD

Set alert

Price alert · WES

All alert types
46.39 USD +0.57 +1.24%
As of Oct 30, 2026 Extended hours 46.81 +0.90%
Bid
46.22 × 200
Ask
46.41 × 100
45.75 Day range 46.47
37.34 52-week range 49.80
YTD
+17.44%
1 year
+20.56%
Open
46.00
Prev close
45.82
Mkt cap
19.17B
Vol
1.95M
Avg vol
960.86K
EPS
3.16
P/E
14.68
Div yield
8.12%
More statistics
Low
45.75
High
46.47
Forward P/E
12.05
Beta
0.71
Short ratio
6.50
Inst. own
43.85%
Dividend
3.72
Ex-div date
Nov 1, 2026
Earnings
Nov 4, 2026
50-d avg
46.51
200-d avg
44.13
1y target
49.54

5D chart

Chart tools
Interval
WES five-day price chart45.045.345.646.046.3Oct 26Oct 27Oct 28Oct 29Oct 30

Financial health

Altman Z-Score

1.52 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

5 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B3 / 5 overall

  • DCF 4
  • Return on Equity 5
  • Return on Assets 4
  • Debt / Equity 1
  • P/E 2
  • P/B 1

Valuation

P/E 13.1×
FY 2016: 27.7×FY 2017: 21.6×FY 2018: 16.4×FY 2019: 11.7×FY 2020: 11.7×FY 2021: 10.2×FY 2022: 8.9×FY 2023: 11.2×FY 2024: 9.5×FY 2025: 13.1×
FY 2016 5y median 10.2× FY 2025
P/S 4.1×
FY 2016: 5.1×FY 2017: 3.6×FY 2018: 3.1×FY 2019: 3.0×FY 2020: 2.2×FY 2021: 3.2×FY 2022: 3.3×FY 2023: 3.6×FY 2024: 4.1×FY 2025: 4.1×
FY 2016 5y median 3.6× FY 2025
P/B 3.9×
FY 2016: 8.8×FY 2017: 7.7×FY 2018: 2.6×FY 2019: 2.6×FY 2020: 2.2×FY 2021: 3.1×FY 2022: 3.6×FY 2023: 3.9×FY 2024: 4.5×FY 2025: 3.9×
FY 2016 5y median 3.9× FY 2025
P/FCF 10.8×
FY 2016: 21.4×FY 2017: 36.6×FY 2018: -34.3×FY 2019: 60.5×FY 2020: 4.9×FY 2021: 6.3×FY 2022: 8.7×FY 2023: 12.3×FY 2024: 11.5×FY 2025: 10.8×
FY 2016 5y median 10.8× FY 2025
EV/EBITDA 10.4×
FY 2016: 13.2×FY 2017: 11.4×FY 2018: 9.0×FY 2019: 10.1×FY 2020: 9.8×FY 2021: 8.6×FY 2022: 7.9×FY 2023: 9.5×FY 2024: 8.2×FY 2025: 10.4×
FY 2016 5y median 8.6× FY 2025
EV/Sales 6.2×
FY 2016: 6.7×FY 2017: 5.1×FY 2018: 5.6×FY 2019: 5.8×FY 2020: 4.9×FY 2021: 5.5×FY 2022: 5.3×FY 2023: 6.1×FY 2024: 6.0×FY 2025: 6.2×
FY 2016 5y median 6.0× FY 2025
FCF Yield 9.3%
FY 2016: 4.7%FY 2017: 2.7%FY 2018: -2.9%FY 2019: 1.7%FY 2020: 20.2%FY 2021: 15.9%FY 2022: 11.4%FY 2023: 8.1%FY 2024: 8.7%FY 2025: 9.3%
FY 2016 5y median 9.3% FY 2025

Profitability

Gross Margin 68.5%
FY 2016: 57.5%FY 2017: 46.6%FY 2018: 61.3%FY 2019: 66.2%FY 2020: 75.5%FY 2021: 69.6%FY 2022: 69.1%FY 2023: 75.4%FY 2024: 77.2%FY 2025: 68.5%
FY 2016 5y median 69.6% FY 2025
Operating Margin 41.3%
FY 2016: 39.0%FY 2017: 31.3%FY 2018: 31.4%FY 2019: 44.8%FY 2020: 31.7%FY 2021: 46.4%FY 2022: 48.8%FY 2023: 44.4%FY 2024: 54.7%FY 2025: 41.3%
FY 2016 5y median 46.4% FY 2025
Net Margin 30.4%
FY 2016: 19.2%FY 2017: 16.8%FY 2018: 18.6%FY 2019: 25.4%FY 2020: 19.0%FY 2021: 31.8%FY 2022: 37.4%FY 2023: 32.9%FY 2024: 43.6%FY 2025: 30.4%
FY 2016 5y median 32.9% FY 2025
ROE 29.1%
FY 2016: 33.0%FY 2017: 35.5%FY 2018: 15.8%FY 2019: 21.8%FY 2020: 19.1%FY 2021: 31.0%FY 2022: 41.0%FY 2023: 35.3%FY 2024: 48.6%FY 2025: 29.1%
FY 2016 5y median 35.3% FY 2025
ROIC 11.0%
FY 2016: 9.4%FY 2017: 8.8%FY 2018: 5.7%FY 2019: 10.2%FY 2020: 7.7%FY 2021: 12.5%FY 2022: 14.9%FY 2023: 11.6%FY 2024: 15.6%FY 2025: 11.0%
FY 2016 5y median 12.5% FY 2025
ROA 7.8%
FY 2016: 4.5%FY 2017: 4.7%FY 2018: 4.0%FY 2019: 5.6%FY 2020: 4.5%FY 2021: 8.1%FY 2022: 10.8%FY 2023: 8.2%FY 2024: 12.0%FY 2025: 7.8%
FY 2016 5y median 8.2% FY 2025

Growth (YoY)

Revenue 6.6%
FY 2016: 15.6%FY 2017: 24.6%FY 2018: -11.5%FY 2019: 38.0%FY 2020: 1.0%FY 2021: 3.8%FY 2022: 13.0%FY 2023: -4.5%FY 2024: 16.1%FY 2025: 6.6%
FY 2016 FY 2025
Operating Income -19.5%
FY 2016: 1948.9%FY 2017: -0.0%FY 2018: -11.2%FY 2019: 96.9%FY 2020: -28.6%FY 2021: 52.0%FY 2022: 18.8%FY 2023: -13.1%FY 2024: 42.9%FY 2025: -19.5%
FY 2016 FY 2025
EPS (diluted) -25.4%
FY 2016: 292.3%FY 2017: 12.4%FY 2018: -1.7%FY 2019: -0.6%FY 2020: -29.8%FY 2021: 84.7%FY 2022: 37.6%FY 2023: -13.3%FY 2024: 54.6%FY 2025: -25.4%
FY 2016 FY 2025
Free Cash Flow 14.9%
FY 2016: 571.6%FY 2017: -48.7%FY 2018: -179.7%FY 2019: 176.3%FY 2020: 799.7%FY 2021: 19.4%FY 2022: -16.4%FY 2023: -24.8%FY 2024: 39.6%FY 2025: 14.9%
FY 2016 FY 2025

Financial Health

Current Ratio 1.3×
FY 2016: 1.9×FY 2017: 0.6×FY 2018: 0.6×FY 2019: 0.8×FY 2020: 1.0×FY 2021: 0.6×FY 2022: 1.0×FY 2023: 0.8×FY 2024: 1.1×FY 2025: 1.3×
FY 2016 5y median 1.0× FY 2025
Quick Ratio 1.3×
FY 2016: 1.9×FY 2017: 0.6×FY 2018: 0.6×FY 2019: 0.8×FY 2020: 1.0×FY 2021: 0.6×FY 2022: 1.0×FY 2023: 0.8×FY 2024: 1.1×FY 2025: 1.3×
FY 2016 5y median 1.0× FY 2025
Debt / Equity 2.2×
FY 2016: 3.0×FY 2017: 3.3×FY 2018: 2.2×FY 2019: 2.5×FY 2020: 2.9×FY 2021: 2.4×FY 2022: 2.3×FY 2023: 2.7×FY 2024: 2.5×FY 2025: 2.2×
FY 2016 5y median 2.4× FY 2025
Net Debt / EBITDA 3.5×
FY 2016: 3.0×FY 2017: 3.4×FY 2018: 4.1×FY 2019: 4.9×FY 2020: 5.4×FY 2021: 3.6×FY 2022: 3.0×FY 2023: 3.9×FY 2024: 2.7×FY 2025: 3.5×
FY 2016 5y median 3.5× FY 2025
Interest Coverage 4.1×
FY 2016: 6.0×FY 2017: 4.9×FY 2018: 3.4×FY 2019: 4.1×FY 2020: 2.3×FY 2021: 3.7×FY 2022: 4.9×FY 2023: 4.1×FY 2024: 5.4×FY 2025: 4.1×
FY 2016 5y median 4.1× FY 2025

Dividends

Dividend Yield 9.0%
FY 2016: 4.0%FY 2017: 5.4%FY 2018: 8.3%FY 2019: 11.8%FY 2020: 12.8%FY 2021: 5.8%FY 2022: 6.9%FY 2023: 10.2%FY 2024: 8.7%FY 2025: 9.0%
FY 2016 5y median 8.7% FY 2025
Payout Ratio 122.4%
FY 2016: 108.2%FY 2017: 117.4%FY 2018: 136.0%FY 2019: 139.0%FY 2020: 146.4%FY 2021: 58.3%FY 2022: 60.5%FY 2023: 111.7%FY 2024: 80.8%FY 2025: 122.4%
FY 2016 5y median 80.8% FY 2025

Annual · latest fiscal year ends 2025-12-31