Western Midstream Partners, LP (WES)
| Market Cap | 16.61B +9.0% |
| Revenue (ttm) | 4.57B +22.3% |
| Net Income | 1.25B -3.4% |
| EPS | 3.09 -8.7% |
| Shares Out | 413.17M |
| PE Ratio | 13.02 |
| Forward PE | 9.59 |
| Dividend | $3.72 (9.29%) |
| Ex-Dividend Date | Nov 2, 2026 |
| Volume | 515,487 |
| Open | 39.87 |
| Previous Close | 39.85 |
| Day's Range | 39.35 - 40.20 |
| 52-Week Range | 37.75 - 50.07 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 49.54 (+23.23%) |
| Earnings Date | Nov 4, 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 $49.54, which is an increase of 23.23% from the latest price.
News
Western Midstream Partners Earnings Call Transcript: Q3 2026
Q3 Adjusted EBITDA rose 12% YoY to $708 million, with record gas and produced water throughput. FY26 EBITDA is expected above revised guidance midpoint, while 2027 growth is supported by acquisitions, customer activity, and major projects.
Western Midstream Partners Earnings release: Q3 2026
Western Midstream Partners released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
Western Midstream Partners Quarterly report: Q3 2026
Western Midstream Partners has published its Q3 2026 quarterly earnings report on November 5, 2026.
Western Midstream Partners Slides: Q3 2026
Western Midstream Partners has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
Western Midstream backs FY26 adjusted EBITDA view $2.75B-$2.95B
16:14 EST Western Midstream (WES) backs FY26 adjusted EBITDA view $2.75B-$2.95B
Western Midstream Announces Third-Quarter 2026 Results
Reported third-quarter 2026 Net income attributable to limited partners of $324.8 million, generating quarterly Adjusted EBITDA(1) of $708.3 million, which represents a 12-percent increase compared to...
Western Midstream assumed with a Neutral at JPMorgan
JPMorgan assumed coverage of Western Midstream (WES) with a Neutral rating and $50 price target Brazos is boosting the company’s growth but the shares at current levels offer a balanced…
Western Midstream Announces Third-Quarter 2026 Distribution and Earnings Conference Call
HOUSTON, Oct. 19, 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...
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…
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.