Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
48.59
-0.33 (-0.67%)
Aug 17, 2026, 4:00 PM EDT - Market closed

WES Statistics

Total Valuation

WES has a market cap or net worth of $20.08 billion. The enterprise value is $29.10 billion.

Market Cap20.08B
Enterprise Value 29.10B

Important Dates

The last earnings date was Wednesday, August 5, 2026, after market close.

Earnings Date Aug 5, 2026
Ex-Dividend Date Jul 31, 2026

Share Statistics

WES has 413.17 million shares outstanding. The number of shares has increased by 3.66% in one year.

Current Share Class 413.17M
Shares Outstanding 413.17M
Shares Change (YoY) +3.66%
Shares Change (QoQ) -0.30%
Owned by Insiders (%) 0.20%
Owned by Institutions (%) 43.61%
Float 261.83M

Valuation Ratios

The trailing PE ratio is 15.33 and the forward PE ratio is 12.62. WES's PEG ratio is 1.36.

PE Ratio 15.33
Forward PE 12.62
PS Ratio 4.63
Forward PS 4.00
PB Ratio 4.72
P/TBV Ratio 8.10
P/FCF Ratio 16.46
P/OCF Ratio 9.41
PEG Ratio 1.36
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.63, with an EV/FCF ratio of 23.86.

EV / Earnings 23.17
EV / Sales 6.72
EV / EBITDA 11.63
EV / EBIT 17.05
EV / FCF 23.86

Financial Position

The company has a current ratio of 0.91, with a Debt / Equity ratio of 2.07.

Current Ratio 0.91
Quick Ratio 0.87
Debt / Equity 2.07
Debt / EBITDA 3.54
Debt / FCF 7.49
Interest Coverage 4.06

Financial Efficiency

Return on equity (ROE) is 34.11% and return on invested capital (ROIC) is 13.47%.

Return on Equity (ROE) 34.11%
Return on Assets (ROA) 7.49%
Return on Invested Capital (ROIC) 13.47%
Return on Capital Employed (ROCE) 11.33%
Weighted Average Cost of Capital (WACC) 6.83%
Revenue Per Employee $2.54M
Profits Per Employee $737,198
Employee Count1,704
Asset Turnover 0.30
Inventory Turnover 111.29

Taxes

In the past 12 months, WES has paid $18.07 million in taxes.

Income Tax 18.07M
Effective Tax Rate 1.35%

Stock Price Statistics

The stock price has increased by +26.37% in the last 52 weeks. The beta is 0.66, so WES's price volatility has been lower than the market average.

Beta (5Y) 0.66
52-Week Price Change +26.37%
50-Day Moving Average 45.46
200-Day Moving Average 42.20
Relative Strength Index (RSI) 64.30
Average Volume (20 Days) 924,837

Short Selling Information

The latest short interest is 7.79 million, so 1.89% of the outstanding shares have been sold short.

Short Interest 7.79M
Short Previous Month 7.69M
Short % of Shares Out 1.89%
Short % of Float 2.98%
Short Ratio (days to cover) 10.20

Income Statement

In the last 12 months, WES had revenue of $4.33 billion and earned $1.26 billion in profits. Earnings per share was $3.17.

Revenue4.33B
Gross Profit 2.97B
Operating Income 1.71B
Pretax Income 1.34B
Net Income 1.26B
EBITDA 2.50B
EBIT 1.71B
Earnings Per Share (EPS) $3.17
Full Income Statement

Balance Sheet

The company has $104.77 million in cash and $9.13 billion in debt, with a net cash position of -$9.02 billion or -$21.84 per share.

Cash & Cash Equivalents 104.77M
Total Debt 9.13B
Net Cash -9.02B
Net Cash Per Share -$21.84
Equity (Book Value) 4.40B
Book Value Per Share 10.30
Working Capital -110.58M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.13 billion and capital expenditures -$913.03 million, giving a free cash flow of $1.22 billion.

Operating Cash Flow 2.13B
Capital Expenditures -913.03M
Depreciation & Amortization 796.10M
Net Borrowing 1.54B
Free Cash Flow 1.22B
FCF Per Share $2.95
Full Cash Flow Statement

Margins

Gross margin is 68.67%, with operating and profit margins of 39.40% and 29.00%.

Gross Margin 68.67%
Operating Margin 39.40%
Pretax Margin 30.87%
Profit Margin 29.00%
EBITDA Margin 57.77%
EBIT Margin 39.40%
FCF Margin 28.15%

Dividends & Yields

This stock pays an annual dividend of $3.72, which amounts to a dividend yield of 7.66%.

Dividend Per Share $3.72
Dividend Yield 7.66%
Dividend Growth (YoY) 3.08%
Years of Dividend Growth 4
Payout Ratio 117.38%
Buyback Yield -3.66%
Shareholder Yield 4.00%
Earnings Yield 6.26%
FCF Yield 6.07%
Dividend Details

Analyst Forecast

The average price target for WES is $46.50, which is -4.30% lower than the current price. The consensus rating is "Hold".

Price Target $46.50
Price Target Difference -4.30%
Analyst Consensus Hold
Analyst Count 14
Revenue Growth Forecast (3Y) 10.80%
EPS Growth Forecast (3Y) 11.15%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5