WES
Western Midstream Partners, LP
Set alert
- 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
Key statistics
- Market cap
- 19.17B
- Enterprise value
- 28.10B
- Trailing P/E
- 14.68
- Forward P/E
- 12.05
- PEG ratio
- 0.00
- Price / sales
- 4.42
- Price / book
- 4.51
- EPS (TTM)
- 3.16
- Beta
- 0.71
- Dividend yield
- 8.12%
- Payout ratio
- 115.82%
- Profit margin
- 29.00%
- Revenue (TTM)
- 4.33B
- Revenue growth
- 30.00%
- Free cash flow
- 866.98M
- Total cash
- 104.77M
- Total debt
- 9.13B
- Return on equity
- 34.11%
- Shares outstanding
- 413.17M
- Short % of float
- 2.44%
- 50-day average
- 46.51
- 200-day average
- 44.13
Analyst view
Consensus: buy
- Target (low)
- 41.00
- Target (mean)
- 49.54
- Target (high)
- 59.00
- Strong buy0
- Buy5
- Hold9
- Sell0
- Strong sell1
Next earnings
Nov 4, 2026
Expected Nov 4, 2026. Consensus EPS estimate 0.91654.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 4, 2026 | Sep 30, 2026 | 0.916 | — | — | — |
| Aug 5, 2026 | Jun 30, 2026 | 0.907 | 0.99 | +0.08 | +9.15% |
| May 6, 2026 | Mar 31, 2026 | 0.742 | 0.85 | +0.11 | +14.56% |
| Feb 18, 2026 | Dec 31, 2025 | 0.845 | 0.47 | -0.37 | -44.38% |
| Nov 4, 2025 | Sep 30, 2025 | 0.88 | 0.87 | -0.01 | -1.14% |
| Aug 6, 2025 | Jun 30, 2025 | 0.829 | 0.87 | +0.04 | +4.95% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 21, 2026 | Morgan Stanley | main | Equal-Weight | Equal-Weight |
| Sep 17, 2026 | Truist Securities | init | — | Buy |
| Aug 24, 2026 | RBC Capital | main | Sector Perform | Sector Perform |
| Aug 18, 2026 | Morgan Stanley | main | Equal-Weight | Equal-Weight |
| Aug 11, 2026 | Citigroup | main | Neutral | Neutral |
| Aug 10, 2026 | Wells Fargo | main | Equal-Weight | Equal-Weight |
About Western Midstream Partners, LP
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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- westernmidstream.com
News
- Western Midstream (WES) Increases Despite Market Slip: Here's What You Need to Know
- These 5 High-Yield Dividend Stocks Are Hiding in Wall Street’s Least Popular Sectors
- These 3 Dividend Stocks Yield Over 6%. Can Their Payouts Last?
- Western Midstream vs. MPLX: Which Ultra-High-Yield Pipeline Payout Is the Better Buy?
- Western Midstream (WES) Advances While Market Declines: Some Information for Investors
- This Growing Midstream Empire Pays 8.3% - Western Midstream
- These 3 Dividend Stocks Paid Out Over 90% of Free Cash Flow, but 1 Has Raised Its Dividend 54 Years in a Row
- Morgan Stanley Maintains Equal-Weight on Western Midstream, Lowers Price Target to $52
- Here Are Tuesday’s Top Wall Street Analyst Research Calls: Akamai Technolgies, Apple, Blackrock, Ford Motor, Healthcare Realty Trust, Noble, Sunoco LP, Venture Global, Western Midstream Partners, Zoetis, and More
- Inflation-Resistant Income Growth Machines Getting Too Cheap
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOURNE ROBERT W | Officer | Conversion of Exercise of derivative security | Feb 11, 2025 | 149,715 |
| BROWN OSCAR K | Chief Executive Officer | Conversion of Exercise of derivative security | Feb 11, 2026 | 85,440 |
| DIAL CHRISTOPHER B | General Counsel | Sale | Feb 11, 2026 | 225,015 |
| FORSYTH MICHAEL S. | Officer | Conversion of Exercise of derivative security | Feb 11, 2025 | 42,327 |
| GREEN CATHERINE A. | Officer | Conversion of Exercise of derivative security | Feb 11, 2026 | 115,036 |
| HOLDERMAN DANIEL P | Chief Operating Officer | Conversion of Exercise of derivative security | Feb 11, 2026 | 91,384 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps Advisors Inc. | 8.87% | 36,629,600 | 1.70B | Jun 29, 2026 |
| Invesco Ltd. | 5.84% | 24,122,314 | 1.12B | Jun 29, 2026 |
| Morgan Stanley | 5.14% | 21,230,903 | 984.90M | Jun 29, 2026 |
| Blackstone Inc | 2.51% | 10,367,520 | 480.95M | Jun 29, 2026 |
| Mirae Asset Global ETFs Holdings Ltd. | 2.09% | 8,637,568 | 400.70M | Jun 29, 2026 |
| Goldman Sachs Group Inc | 2.06% | 8,527,559 | 395.59M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| ALPS ETF TRUST-ALERIAN MLP ETF | 8.97% | 37,048,068 | 1.72B | Aug 30, 2026 |
| AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. | 3.84% | 15,873,546 | 736.37M | May 30, 2026 |
| GLOBAL X FUNDS-Global X MLP ETF | 1.26% | 5,188,246 | 240.68M | Sep 29, 2026 |
| AIM Investment Fd.s -Invesco SteelPath MLP Select 40 Fd. | 1.00% | 4,111,682 | 190.74M | May 30, 2026 |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 0.79% | 3,248,317 | 150.69M | May 30, 2026 |
| GOLDMAN SACHS TRUST-Goldman Sachs MLP Energy Infrastructure Fund | 0.78% | 3,217,099 | 149.24M | Aug 30, 2026 |