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WES Stock Chart & Stats
$40.54
$0.56(1.42%)
At close: 4:00 PM EST
$40.54
$0.56(1.42%)
Day’s Range― - ―
52-Week Range$36.90 - $48.01
Previous CloseN/A
Volume172.03K
Average Volume (3M)1.41M
Market Cap
$17.23B
Enterprise Value$25.26B
Total Cash (Recent Filing)$647.50M
Total Debt (Recent Filing)$8.71B
Price to Earnings (P/E)14.1
Beta0.27
Next Earnings
Aug 12, 2026EPS Estimate
0.85Next Dividend Ex-DateN/A
Dividend Yield9.13%
Share Statistics
EPS (TTM)3.10
Shares Outstanding393,781,340
10 Day Avg. Volume1,264,773
30 Day Avg. Volume1,405,907
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 Cap1.47
Enterprise Value/Revenue6.24
Enterprise Value/Gross Profit9.07
Enterprise Value/Ebitda11.51
Forecast
1Y Price Target
$44.33Price Target Upside9.36% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)3.46
Revenue Forecast (FY)$4.37B
Bulls Say, Bears Say
Bulls Say
High Margins And Strong Cash GenerationSustained high margins and robust operating cash flow indicate the business converts revenue into durable, repeatable cash. For a fee-based midstream model, margin and cash support distributions, fund capex, and provide resilience across commodity cycles over the next several quarters.
Accretive Brazos Delaware Acquisition Expands ScaleThe $1.6B acquisition materially grows dedicated acreage and processing capacity in the Permian, increasing scale, contract life (~9.2 years) and spare processing capacity. This enhances midterm throughput optionality, fee revenue and operational synergies that support durable cash flow growth.
Produced-water Tech And Organic Project PipelineCommercializing produced-water treatment plus large organic projects diversifies revenue and creates growth adjacencies (water reuse, power, CO2). Structural scale in produced-water supports long-term fee-based volumes and higher utilization, reducing reliance on commodity price swings.
Bears Say
Structurally Elevated LeverageMaterial leverage increases sensitivity to refinancing costs and cyclical volume risk. While liquidity is solid, sustained elevated debt amplifies downside if volumes or DCF soften, constraining capital allocation flexibility and raising refinancing execution risk over the medium term.
Waha Price-driven Curtailments And Margin VolatilityExposure to regional price dislocations can drive abrupt throughput reductions despite asset ownership. Curtailments and skim-value swings create month-to-month margin variability that can materially affect distributable cash flow and utilization over several quarters.
Execution And Regional Operational HeadwindsContract repricing, basin-specific declines, and long equipment lead times threaten near-term cash conversion and project timelines. These execution and regional risks can delay synergies from acquisitions and organic projects, pressuring free cash flow and distribution coverage over coming quarters.
Western Midstream Partners News
WES FAQ
What was Western Midstream Partners, Lp’s price range in the past 12 months?
Western Midstream Partners, Lp lowest stock price was $36.90 and its highest was $48.01 in the past 12 months.
What is Western Midstream Partners, Lp’s market cap?
Western Midstream Partners, Lp’s market cap is $17.23B.
When is Western Midstream Partners, Lp’s upcoming earnings report date?
Western Midstream Partners, Lp’s upcoming earnings report date is Aug 12, 2026 which is in 41 days.
How were Western Midstream Partners, Lp’s earnings last quarter?
Western Midstream Partners, Lp released its earnings results on May 06, 2026. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.742 by $0.108.
Is Western Midstream Partners, Lp overvalued?
According to Wall Street analysts Western Midstream Partners, Lp’s price is currently Undervalued.
Does Western Midstream Partners, Lp pay dividends?
Western Midstream Partners, Lp pays a Quarterly dividend of $0.93 which represents an annual dividend yield of 9.13%. See more information on Western Midstream Partners, Lp dividends here
What is Western Midstream Partners, Lp’s EPS estimate?
Western Midstream Partners, Lp’s EPS estimate is 0.85.
How many shares outstanding does Western Midstream Partners, Lp have?
Western Midstream Partners, Lp has 393,781,340 shares outstanding.
What happened to Western Midstream Partners, Lp’s price movement after its last earnings report?
Western Midstream Partners, Lp reported an EPS of $0.85 in its last earnings report, beating expectations of $0.742. Following the earnings report the stock price went up 4.97%.
Which hedge fund is a major shareholder of Western Midstream Partners, Lp?
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
Neutral
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9
10
Analyst Consensus
Hold
Average Price Target:
$44.33 (9.36% Upside)
$44.33 (9.36% Upside)
Blogger Sentiment
Bullish
WES Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.76%
12-Months-Change
Fundamentals
Return on Equity
34.98%
Trailing 12-Months
Asset Growth
19.81%
Trailing 12-Months
Company Description
Western Midstream Partners, Lp
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
Q1 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
$44.33
▲(9.36% Upside)
Technical Analysis
Plains All American
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Plains GP Holdings
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Antero Midstream
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Hess Midstream Partners
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DT Midstream
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Ownership Overview
38.39% Insiders
10.69% Mutual Funds
23.35% Other Institutional Investors
14.77% Public Companies and Individual Investors