Western Midstream Partners, LP (WES) stock price, financials & research

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 10, 2026

71/ 100

GoAI Score

Buy

Valuation

90

Deep Value

Sentiment

61

Bullish

Risk

19

Low Risk

Momentum

51

Neutral

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Company profile

Company website

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.

Industry: Oil & Gas Midstream
Sector: Energy
Headquarters: US
CEO: Oscar K. Brown
Listed since: Dec 10, 2012
Employees: 1,704

Market position

Day range

Current $48.19

$47.985$49.46

52-week range

Current $48.19

$36.90$50.07

Open: $49.45
Previous close: $49.29
Volume: 1.16M; 1.14× average
Average volume: 1.02M; Average daily volume
Market cap: 19.91B USD
Beta: 0.66; Market reference 1
50-day average: $47.1298; +2.25% above average
200-day average: $43.022; +12.01% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score: 1.57
Piotroski F-score: 5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

3.84B USD+6.61%

Operating income

1.59B USD-19.54%

Net income

1.17B USD-25.67%

Financial statements: Income statement
Metric (USD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	3.84B USD	3.61B USD	3.11B USD	3.25B USD	2.88B USD
Cost of goods sold	1.21B USD	822.68M USD	765.27M USD	1B USD	873.91M USD
Gross profit	2.63B USD	2.78B USD	2.34B USD	2.25B USD	2B USD
Selling, general, and administrative	398.92M USD	271.53M USD	232.63M USD	194.02M USD	195.55M USD
Operating expenses	1.05B USD	811.81M USD	961.65M USD	660.57M USD	666.97M USD
Interest expense	390.49M USD	365.21M USD	335.83M USD	321.73M USD	363.81M USD
Depreciation and amortization	710.78M USD	650.43M USD	600.67M USD	582.37M USD	551.63M USD
Operating income	1.59B USD	1.97B USD	1.38B USD	1.59B USD	1.34B USD
Net income	1.17B USD	1.57B USD	1.02B USD	1.22B USD	916.29M USD

Company facts updated Sep 11, 2026.

Earnings

EPS beat rate: 55%; 6 beats, 5 misses, 0 met estimates
Average EPS surprise: +4.89%; 11 comparable reports
Latest EPS result: 0.99; Estimate 0.91 · Beat by 9.15%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$48.83

1.33% upside

Past 12 months12-month forecast

Price history unavailable

High $55.00Average $48.83Low $46.00

WES news

zacks.comSep 10, 2026

Western Midstream (WES) Falls More Steeply Than Broader Market: What Investors Need to Know

Western Midstream (WES) reached $48.19 at the closing of the latest trading day, reflecting a -2.23% change compared to its last close.

Read source

seekingalpha.comSep 8, 2026

Big Yields And Growth: 2 Of My Best Investments Ever

Some of my biggest winners in the past remain very attractive opportunities today. I detail why these names combine high yield, strong growth, and sound fundamentals. I also discuss the risks they face.

Read source

zacks.comSep 7, 2026

Western Midstream (WES) Is Up 2.57% in One Week: What You Should Know

Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read source

zacks.comSep 2, 2026

Oil Prices Are Elevated: 2 High-Yield Stocks to Buy in September

These top oil stocks stand out entering September, as both currently sport a Zacks Rank #1 (Strong Buy) and offer dividend yields above 5%.

Read source

seekingalpha.comAug 28, 2026

I Am Buying These 2 Income Picks Hand Over Fist

The best income investments combine attractive valuations with strong underlying cash flows. We discuss two picks rich in cash flows and fundamentals, currently trading at bargain valuations. We like to get paid while…

Read source

etftrends.comAug 25, 2026

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 (NGL) exports.…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.605

2025 complete year+184.3% since 2021

2026 partial: $2.77

$1.268

2,021

$1.827

2,022

$2.4935

2,023

$3.20

2,024

$3.605

2,025

$2.77

2,026*

* Partial calendar year in the available dividend history.

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
Dividend	Jul 31, 2026	$0.93Quarterly	Jul 31, 2026	Aug 14, 2026
Dividend	May 1, 2026	$0.93Quarterly	May 1, 2026	May 15, 2026
Dividend	Feb 2, 2026	$0.91Quarterly	Feb 2, 2026	Feb 13, 2026
Dividend	Oct 31, 2025	$0.91Quarterly	Oct 31, 2025	Nov 14, 2025
Dividend	Aug 1, 2025	$0.91Quarterly	Aug 1, 2025	Aug 14, 2025
Dividend	May 2, 2025	$0.91Quarterly	May 2, 2025	May 15, 2025