Western Midstream Partners, LP (WES)

NYSE: WES · Real-Time Price · USD
40.81
-3.09 (-7.04%)
Feb 19, 2026, 10:38 AM EST - Market open
Market Cap16.66B +6.4%
Revenue (ttm)3.84B +6.6%
Net Income1.15B -24.9%
EPS2.98 -25.9%
Shares Out 408.14M
PE Ratio13.72
Forward PE11.20
Dividend$3.64 (8.90%)
Ex-Dividend DateFeb 2, 2026
Volume1,547,608
Open40.51
Previous Close43.90
Day's Range39.51 - 41.56
52-Week Range33.60 - 44.74
Beta0.73
AnalystsHold
Price Target41.00 (+0.47%)
Earnings DateFeb 18, 2026

About WES

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 of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water... [Read more]

Sector Energy
IPO Date May 9, 2008
Employees 1,704
Stock Exchange NYSE
Ticker Symbol WES
Full Company Profile

Financial Performance

In 2025, WES's revenue was $3.84 billion, an increase of 6.61% compared to the previous year's $3.61 billion. Earnings were $1.15 billion, a decrease of -24.88%.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for WES stock is "Hold." The 12-month stock price target is $41.0, which is an increase of 0.47% from the latest price.

Price Target
$41.0
(0.47% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Western Midstream Announces Record Fourth-Quarter and Full-Year 2025 Results

Announces 2026 Financial Guidance Reported fourth-quarter 2025 Net income attributable to limited partners of $187.2 million, generating record fourth-quarter Adjusted EBITDA(1) of $635.6 million, whi...

18 hours ago - PRNewsWire

My Picks To Monetize Today's Market Chaos

CME Group, Miami International Holdings, and Western Midstream Partners are my top picks for navigating current market volatility. CME and MIAX offer exposure to volatility-driven trading volumes, wit...

Other symbols: CMEMIAX
1 day ago - Seeking Alpha

MPLX Vs. Western Midstream: Choosing The 2026 Energy Renaissance Yield Leader

MPLX LP and Western Midstream Partners are often compared, but diverge significantly in strategy, asset focus, and growth prospects. MPLX aggressively expands its gas business, targeting data centers ...

Other symbols: MPLX
4 days ago - Seeking Alpha

Why Dividend Stocks Are Essential For What Comes Next

Why Dividend Stocks Are Essential For What Comes Next

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20 days ago - Seeking Alpha

Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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21 days ago - Benzinga

2 Highest Yielding Quality MLPs To Include In Retirement Portfolios

Midstream MLPs offer high single-digit yields with strong defensive characteristics, making them attractive for retirement income portfolios. The yield-to-risk ratio in MLPs is compelling, even compar...

24 days ago - Seeking Alpha

A Near-Perfect 9% Yielding Dividend Growth Machine For Retirement

A rare combination of yield, balance sheet strength, and growth hiding in plain sight. Why these income streams may be far more durable than the market assumes. The subtle advantage that could matter ...

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24 days ago - Seeking Alpha

December Readers ID'd 9 Ideal 'Safer' Dividends In 40 Dogs

Top ten ReFa/Ro Dogs are projected to deliver 25.77%–52.74% net gains by December 2026, with an average net gain of 34.55% and risk 62% below the market. Nine of the top ten ReFa/Ro Dogs have annual d...

27 days ago - Seeking Alpha

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALL

HOUSTON, Jan. 23, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly c...

27 days ago - PRNewsWire

Western Midstream Partners, LP Common Units (WES) Discusses Renegotiated Delaware Basin Contracts and Strategic Amendments for Natural Gas Gathering Transcript

Western Midstream Partners, LP Common Units (WES) Discusses Renegotiated Delaware Basin Contracts and Strategic Amendments for Natural Gas Gathering Transcript

4 weeks ago - Seeking Alpha

Western Midstream: The Share Price Spike Doesn't Mean Sell

Western Midstream delivers robust operational performance, driving double-digit returns and a near 9% distribution yield after recent share price appreciation. WES's organic growth pipeline, including...

4 weeks ago - Seeking Alpha

Western Midstream renegotiates Occidental contracts, to get $610 million in unit transfer

Western Midstream Partners said on Tuesday it has renegotiated contracts with Occidental Petroleum for natural gas gathering and processing in the Delaware Basin.

Other symbols: OXY
4 weeks ago - Reuters

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

HOUSTON, Jan. 20, 2026 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today that it has renegotiated natural-gas gathering and processing contracts in the Delaware Basin ...

4 weeks ago - PRNewsWire

A Golden Buying Opportunity: 9% Yields The Market Is Grossly Mispricing

These yields look risky at first glance. However, the market is missing important details. These are rare setups that could deliver income and upside at the same time.

6 weeks ago - Seeking Alpha

Hard To Imagine A Retirement Portfolio Without These 2 Gems

The year is 2026, and the market (and macro) environment seem to be exactly the opposite of what is required for stress-free income. For prudent income investors, considering taking some risk off the ...

6 weeks ago - Seeking Alpha

Western Midstream Partners: 9% Yield And Favorable Growth Outlook

Western Midstream Partners earns a Strong Buy rating, driven by a 9% yield, discounted valuation, and resilient, fee-based revenues. WES' strategic pivot to water handling in the Delaware Basin, bolst...

6 weeks ago - Seeking Alpha

Western Midstream: 9.2% Yield, My First Addition In 2026

Western Midstream has been flat for almost 2 years. Meanwhile, its business profile has improved, and distributions have become even more attractive. Currently, WES offers ~9.2% yield, which is underp...

6 weeks ago - Seeking Alpha

Western Midstream: An MLP With Outsized Total Return Potential

Western Midstream earns a reiterated Buy rating, offering a 9.2% forward yield and trading at a 27% discount to fair value. WES's growth profile remains intact, driven by Pathfinder Pipeline improveme...

7 weeks ago - Seeking Alpha

2026 Bloomberg Watch List Has 4 Ideal "Safer" DiviDog Buys

Bloomberg's 2026 Dividend Focus list highlights 14 ‘safer' stocks with free cash flow yields exceeding dividend yields, signaling potential buy opportunities. Top projected net gainers for 2026 includ...

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2 months ago - Seeking Alpha

Energy Is, By Far, My Favorite Sector For 2026

Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices...

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2 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 9% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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2 months ago - Benzinga

If I Could Only Buy 2 High-Yield Infrastructure Stocks Today

Discover the two high-yield infrastructure stocks I have the highest conviction in for my own core and retirement portfolios. Find out why their recession-resistant cash flows and rock-solid balance s...

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2 months ago - Seeking Alpha

Undercovered Dozen: USA Rare Earth, Santacruz Silver, Western Midstream, Visa And More

The Undercovered Dozen spotlights 12 lesser-known stocks and funds with compelling investment theses and recent developments. This week's edition covers articles published between Nov. 28 and Dec. 4, ...

2 months ago - Seeking Alpha

WESTERN MIDSTREAM ANNOUNCES PRICING OF NOTES OFFERING

HOUSTON , Dec. 1, 2025 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or "Western Midstream") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"),...

2 months ago - PRNewsWire

Western Midstream Partners: Buy For The Appreciation Potential

Western Midstream Partners offers a high yield over 9%. WES stands out as an investment-grade partnership with a low debt ratio. The current high yield suggests WES is undervalued.

2 months ago - Seeking Alpha