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WES Stock Chart & Stats
$47.94
-$0.60(-1.26%)
At close: 4:00 PM EDT
$47.94
-$0.60(-1.26%)
Day’s Range― - ―
52-Week Range$36.90 - $50.07
Previous CloseN/A
Volume524.07K
Average Volume (3M)956.66K
Market Cap
$18.44B
Enterprise Value$26.65B
Total Cash (Recent Filing)$104.77M
Total Debt (Recent Filing)$9.13B
Price to Earnings (P/E)13.9
Beta0.24
Next Earnings
Nov 04, 2026EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend Yield8.25%
Share Statistics
EPS (TTM)3.21
Shares Outstanding413,174,600
10 Day Avg. Volume1,096,202
30 Day Avg. Volume956,665
Financial Highlights & Ratios
PEG Ratio-0.51
Price to Book (P/B)3.93
Price to Sales (P/S)4.12
P/FCF Ratio10.80
Enterprise Value/Market Cap1.45
Enterprise Value/Revenue6.15
Enterprise Value/Gross Profit9.25
Enterprise Value/Ebitda11.55
Forecast
1Y Price Target
$49.11Price Target Upside2.44% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)3.72
Revenue Forecast (FY)$4.70B
Bulls Say, Bears Say
Bulls Say
Exceptional Cash GenerationVery strong operating and free cash flow indicates that WES converts earnings into distributable cash efficiently. This supports partner distributions, debt service, and internally funded investment, while providing resilience across the next several quarters.
Strong ProfitabilityA high net margin gives WES meaningful economic capacity within its infrastructure business and can help absorb operating variability. Sustained profitability also supports reinvestment and distributions, although the current level is below the prior peak.
Delaware Basin ExpansionExpanding the Delaware Basin footprint strengthens WES’s position in an important producing region and can improve network density, customer connectivity, and utilization. The stated accretion to per-unit metrics suggests the transaction may enhance the partnership’s durable cash-generation base.
Bears Say
Elevated LeverageMeaningful leverage reduces financial flexibility and can make WES more sensitive to weaker commodity or volume environments. Debt service and refinancing needs may compete with distributions or growth investment, limiting the partnership’s ability to respond to adverse conditions.
Margin CompressionMargin compression shows that WES’s earnings strength is not fully insulated from changing operating or market conditions. Even with a healthy current margin, further normalization could reduce cash available for distributions, deleveraging, or expansion.
Commodity And Volume ExposureAlthough much of WES’s revenue is fee-based, throughput depends on producer activity and some processing contracts retain commodity-spread exposure. Lower basin volumes or unfavorable spreads could therefore pressure utilization, margins, and cash flow over multiple quarters.
Western Midstream Partners News
WES FAQ
What was Western Midstream Partners’s price range in the past 12 months?
Western Midstream Partners lowest stock price was $36.90 and its highest was $50.07 in the past 12 months.
What is Western Midstream Partners’s market cap?
Western Midstream Partners’s market cap is $18.44B.
When is Western Midstream Partners’s upcoming earnings report date?
Western Midstream Partners’s upcoming earnings report date is Nov 04, 2026 which is in 16 days.
How were Western Midstream Partners’s earnings last quarter?
Western Midstream Partners released its earnings results on Aug 05, 2026. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.907 by $0.083.
Is Western Midstream Partners overvalued?
According to Wall Street analysts Western Midstream Partners’s price is currently Undervalued.
Does Western Midstream Partners pay dividends?
Western Midstream Partners pays a Quarterly dividend of $0.93 which represents an annual dividend yield of 8.25%. See more information on Western Midstream Partners dividends here
What is Western Midstream Partners’s EPS estimate?
Western Midstream Partners’s EPS estimate is 0.92.
How many shares outstanding does Western Midstream Partners have?
Western Midstream Partners has 413,174,600 shares outstanding.
What happened to Western Midstream Partners’s price movement after its last earnings report?
Western Midstream Partners reported an EPS of $0.99 in its last earnings report, beating expectations of $0.907. Following the earnings report the stock price went up 1.755%.
Which hedge fund is a major shareholder of Western Midstream Partners?
Currently, no hedge funds are holding shares in WES
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Midstream Partners Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$49.11 (2.44% Upside)
$49.11 (2.44% Upside)
Blogger Sentiment
Bullish
WES Sentiment 92%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $249.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.42%
12-Months-Change
Fundamentals
Return on Equity
34.12%
Trailing 12-Months
Asset Growth
34.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Western Midstream Partners
Western Midstream Partners, LP, an energy infrastructure company operating with its subsidiaries, primarily acquires, owns, develops, and manages assets across the United States. Its core functions include the collection, compression, treatment, processing, and transportation of natural gas. The firm also handles the gathering, stabilization, and conveyance of condensate, natural gas liquids (NGLs), and crude oil, alongside the collection and disposal of water generated during production. Additionally, it engages in the buying and selling of natural gas, NGLs, and condensate. Western Midstream maintains operations in significant regions such as Texas, New Mexico, the Rocky Mountains, and north-central Pennsylvania. Western Midstream Holdings, LLC functions as its general partner. Formed in 2007, the company is headquartered in The Woodlands, Texas, and rebranded from Western Gas Equity Partners, LP to its current name in February 2019.
WES Company Deck
WES Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call was predominantly positive: management reported record adjusted EBITDA, record throughput in key product lines, solid distributable cash flow and declared an accretive $1.6 billion Brazos Delaware acquisition that meaningfully expands Delaware Basin scale and processing capacity. Strong liquidity, disciplined leverage (pro forma ~3x) and ongoing cost reductions underpin confidence in achieving guidance toward the high end. Near-term headwinds include Waha price-driven curtailments, localized basin declines (Powder River), a QoQ operating cash flow decline tied to a contract renegotiation with Occidental and some supply-chain/turnaround timing risks. Overall, the positives (record results, accretive M&A, strong balance sheet, updated guidance) outweigh the localized operational and commodity-linked challenges.View all WES earnings summariesWES Stock 12 Month Forecast
Average Price Target
$49.11
▲(2.44% Upside)
Technical Analysis
Ownership Overview
36.59% Insiders
10.19% Mutual Funds
1.57% Other Institutional Investors
39.39% Public Companies and
Individual Investors