Western Midstream Partners, LP (WES)
| Market Cap | 18.44B +29.5% |
| Revenue (ttm) | 4.33B +18.0% |
| Net Income | 1.26B +1.0% |
| EPS | 3.17 -2.5% |
| Shares Out | 413.17M |
| PE Ratio | 14.08 |
| Forward PE | 11.13 |
| Dividend | $3.72 (8.34%) |
| Ex-Dividend Date | Jul 31, 2026 |
| Volume | 2,095,399 |
| Open | 44.15 |
| Previous Close | 44.14 |
| Day's Range | 44.12 - 44.68 |
| 52-Week Range | 36.90 - 50.07 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 49.69 (+11.36%) |
| Est. Earnings | Nov 3, 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 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... [Read more]
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 StatementsAnalyst Summary
According to 15 analysts, the average rating for WES stock is "Buy." The 12-month stock price target is $49.69, which is an increase of 11.36% from the latest price.
News
WIZE Solutions Significantly Increases Its Size With Key Acquisitions
SANDY, Utah--(BUSINESS WIRE)--Wize Solutions announced today that it has acquired Texas and Illinois-based ESSI, ESSI Midwest, Tech Products and Warehouse Equipment Solutions (WES).
Western Midstream initiated with a Buy at Truist
Truist initiated coverage of Western Midstream (WES) with a Buy rating and $55 price target The firm sees Western as a “differentiated” way to play Permian volumes, where the growth…
Western Midstream resumed with a Buy at Stifel
Stifel resumed coverage of Western Midstream (WES) with a Buy rating and $55 price target The company will continue to be an indirect beneficiary of Permian production growth via exposure…
Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NG...
Western Midstream price target raised to $47 from $41 at RBC Capital
RBC Capital raised the firm’s price target on Western Midstream (WES) to $47 from $41 and keeps a Sector Perform rating on the shares. The firm is updating its estimates…
Western Midstream price target raised to $55 from $51 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Western Midstream (WES) to $55 from $51 and keeps an Equal Weight rating on the shares.
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (...
Western Midstream to participate in Solitude Pipeline System joint venture
Western Midstream (WES) Partners announced its participation in the Solitude Pipeline System joint venture, operated by WhiteWater. Through Solitude, in which WES holds a 7.5% equity interest, a posit...
Western Midstream Announces Participation in the Solitude Pipeline System
WES holds a 7.5% equity interest in the Solitude Pipeline System joint venture which has reached a positive Final Investment Decision to construct two 48-inch natural gas pipelines running from the Pe...
Solitude Pipeline System JV reaches positive Final Investment Decision
WhiteWater announced that it, together with Devon Energy (DVN), MPLX LP (MPLX), Diamondback Energy (FANG) and Western Midstream Partners (WES), through their Solitude Pipeline System joint venture, ha...
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and W...
Western Midstream price target raised to $41 from $38 at BofA
BofA analyst Jean Ann Salisbury raised the firm’s price target on Western Midstream (WES) to $41 from $38 and keeps an Underperform rating on the shares after updating the firm’s…
Western Midstream Partners Transcript: Status update
Record adjusted EBITDA and strong water and gas throughput drove a guidance increase for 2026, with higher capital expenditures reflecting expansion projects and new agreements. ESG efforts advanced with a major water reuse initiative in the Delaware Basin.
Western Midstream price target raised to $45 from $42 at Citi
Citi analyst Spiro Dounis raised the firm’s price target on Western Midstream (WES) to $45 from $42 and keeps a Neutral rating on the shares.
NYSE Content Update: Goldman Sachs Asset Management Launches Two New ETFs
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Aug. 10, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the N...
Western Midstream Announces Second-Quarter Post-Earnings Interview with Chief Financial Officer, Kristen Shults and Participation in Upcoming Investor Conferences
HOUSTON, Aug. 10, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that tomorrow before the market open it will make available on its websit...
Western Midstream price target raised to $46 from $43 at Wells Fargo
Wells Fargo raised the firm’s price target on Western Midstream (WES) to $46 from $43 and keeps an Equal Weight rating on the shares. The firm is also increasing its…
Western Midstream Partners Earnings Call Transcript: Q2 2026
Record adjusted EBITDA and strong cash flow growth led to raised 2026 guidance for EBITDA, DCF, and FCF. The Brazos acquisition, new Powder River Basin agreements, and robust produced water growth underpin a positive outlook, with major projects and a strong balance sheet supporting future expansion.
Western Midstream Partners Quarterly report: Q2 2026
Western Midstream Partners has published its Q2 2026 quarterly earnings report on August 6, 2026.
Western Midstream Partners Earnings release: Q2 2026
Western Midstream Partners released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Western Midstream Partners Slides: Q2 2026
Western Midstream Partners has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Western Midstream Announces Second-Quarter 2026 Results and Revised Full-year Guidance
Reported second-quarter 2026 Net income attributable to limited partners of $394.9 million, generating record quarterly Adjusted EBITDA(1) of $736.5 million, which represents a 19-percent increase com...
Western Midstream Partners Slides: Investor presentation
Western Midstream Partners has posted slides in relation to its latest quarterly earnings report, which was published on August 5, 2026.
Western Midstream Partners Registration statement: Registration filing
Western Midstream Partners filed a registration statement on July 28, 2026, providing details about a securities offering with the SEC.
Western Midstream price target raised to $41 from $40 at RBC Capital
RBC Capital raised the firm’s price target on Western Midstream (WES) to $41 from $40 and keeps a Sector Perform rating on the shares as part of a broader research…