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WES Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
44.265
Open
43.760
VWAP
43.94
Vol
496.61K
Mkt Cap
17.18B
Low
43.520
Amount
21.82M
EV/EBITDA(TTM)
10.25
Total Shares
393.78M
EV
25.31B
EV/OCF(TTM)
11.71
P/S(TTM)
4.23
Western Midstream Partners, LP acquires, owns, develops and operates midstream assets. It is engaged in the business of 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. Its core assets provide services for customers in the Delaware Basin in West Texas and New Mexico, and the DJ Basin in northeastern Colorado, and the Powder River Basin in Northeast Wyoming. Additional assets and investments are in South Texas, Utah, and Southwest Wyoming. In its capacity as a natural gas processor, the Company also buys and sells natural gas, NGLs, and condensate on its behalf and its customers under certain gas processing contracts. Its subsidiaries include Western Midstream Operating GP, LLC, Western Midstream Services, LLC, Western Midstream Services Holdings, LLC, Western Midstream Operating, LP, and Aris Water Solutions, Inc.
Show More

Events Timeline

(ET)
2026-05-06
16:50:00
Western Midstream Partners Acquires Brazos Delaware II for $1.6B
select
2026-05-06
16:40:00
WES Reports Q1 Revenue of $1.12B, Record Adjusted EBITDA of $683.1M
select
2026-02-19 (ET)
2026-02-19
16:20:00
Walmart Announces $30 Billion Share Buyback Plan
select

News

Newsfilter
5.0
05-14Newsfilter
Lazard Hires Brian McCabe to Lead North America Energy Banking
  • Executive Change: Lazard is set to hire Brian McCabe from JPMorgan Chase to lead its North America energy investment banking practice, with his official start expected in the coming months, indicating the firm's strategic focus on the energy sector.
  • Industry Expertise: McCabe, a veteran oil and gas dealmaker specializing in mergers and acquisitions involving pipeline and midstream companies, brings extensive experience from his senior role at JPMorgan, which is anticipated to create new growth opportunities for Lazard.
  • Market Demand: With a surge in demand for energy infrastructure, particularly to support artificial intelligence, Lazard aims to enhance its competitive position in the rapidly evolving energy market through this executive recruitment.
  • Strategic Expansion: This personnel move aligns with Lazard's recent hiring of former Western Midstream Partners CEO Michael Ure as a senior adviser to its energy division, reflecting the company's ongoing investment and expansion intentions in the energy sector.
Fool
8.5
05-14Fool
Top High-Yield MLP Stocks to Buy Now
  • Energy Transition Potential: Energy Transfer (ET) currently offers a 6.9% dividend yield with plans to grow distributions by 3% to 5% in the coming years, and its 8.5x enterprise value to EBITDA ratio highlights its attractiveness and growth potential in the energy sector.
  • Consistent Dividend Growth: Enterprise Products Partners (EPD) has increased its dividend for 27 consecutive years, currently yielding 5.8% and achieving a 2.8% increase in the first quarter, showcasing its resilience and appeal in uncertain markets.
  • High Yield Appeal: Western Midstream Partners (WES) leads with an 8.5% dividend yield, and its strong first-quarter results indicate adjusted EBITDA will approach the high end of $2.6 billion to $2.7 billion guidance, reflecting its growth potential in the market.
  • Acquisition Strengthens Position: Western Midstream's recent $1.6 billion acquisition of Brazos in the Permian region is expected to add $200 million in EBITDA by 2027, further solidifying its market position and enhancing future growth prospects.
seekingalpha
9.5
05-13seekingalpha
Western Midstream Partners Reports Record Q1 2026 Earnings Driven by Acquisitions and Cost Reductions
  • Record Performance: Western Midstream reported an adjusted EBITDA of $683 million for Q1 2026, a 15% year-over-year increase, driven by the full contribution from the Aris acquisition, throughput growth across all product lines, and ongoing cost reductions, highlighting the company's robust market position.
  • Gas and Oil Production Growth: Despite WAHA-driven constraints, natural gas throughput increased by 3%, while crude oil and NGL throughput reached a record 272,000 barrels per day, indicating strong momentum and sustained market demand in the Delaware Basin.
  • Strategic Acquisition Plans: The company announced the $1.6 billion acquisition of Brazos Delaware II, adding approximately 470,000 dedicated acres, which increases total dedicated acreage in the Delaware Basin by nearly 50%, while also enhancing natural gas processing capacity by 460 million cubic feet per day, further strengthening its competitive edge.
  • Distribution Policy and Future Outlook: The first-quarter distribution was $0.93 per unit, up 2.2% sequentially, with expectations for annual distributions to reach at least $3.70, demonstrating a commitment to aligning distribution strategy with EBITDA growth while maintaining capital discipline for long-term financial health.
PRnewswire
9.5
05-11PRnewswire
Western Midstream Partners Announces Earnings Insights and Upcoming Investor Conferences
  • Earnings Insights: Western Midstream Partners will release a post-earnings interview before market open, featuring CEO Oscar K. Brown and VP Jon Greenberg, who will provide additional insights on Q1 2026 results and the acquisition of Brazos Delaware II, LLC, which is expected to bolster investor confidence in future growth.
  • Investor Conference Participation: The company plans to participate in several investor conferences during the second and third quarters of 2026, providing opportunities for direct communication with investors and enhancing market understanding of its business strategy and financial health.
  • Midstream Asset Overview: Western Midstream focuses on developing and operating midstream assets across Texas, New Mexico, Colorado, Utah, and Wyoming, engaging in various activities including gathering, processing, and transporting natural gas, which solidifies its significant position in the energy market.
  • Cash Flow Protection Strategy: A substantial majority of the company's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts, a strategy that will help maintain financial stability in uncertain market conditions.
Newsfilter
1.0
05-11Newsfilter
Western Midstream Partners Announces Upcoming Investor Conferences
  • Post-Earnings Interview: Western Midstream Partners will release a post-earnings interview before market open, featuring insights from CEO Oscar K. Brown and VP Jon Greenberg regarding the acquisition of Brazos Delaware II, LLC, which is expected to bolster investor confidence in the company's future growth.
  • Investor Conference Schedule: The company plans to participate in several investor conferences, including TPH & Co. Hotter 'N Hell 2026 in Houston on May 13 and the 23rd Annual Energy Infrastructure CEO & Investor Conference in Florida on May 19-20, aiming to enhance market visibility and attract potential investors.
  • Midstream Asset Operations: Western Midstream focuses on developing, acquiring, and operating midstream assets, with operations including gathering, compressing, treating, and transporting natural gas, ensuring that a substantial majority of its cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.
  • Market Positioning Advantage: With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, the company leverages its diversified service offerings and stable cash flows to maintain a favorable market position within the industry.
seekingalpha
6.0
05-08seekingalpha
Western Midstream Partners Upgraded to Buy by Stifel with $46 Target
  • Rating Upgrade: Stifel upgraded Western Midstream Partners from Hold to Buy with a price target increase from $42 to $46, reflecting optimism about the company's future performance following stronger-than-expected Q1 earnings.
  • Earnings Outlook: While the company did not raise guidance, it is expected to achieve the high end of its adjusted EBITDA guidance range of $2.5B to $2.7B, demonstrating resilience and profitability in the current market environment.
  • Acquisition Impact: The $1.6B Brazos acquisition is projected to contribute $100M to EBITDA in 2026 and at least $200M in 2027, further strengthening the company's financial performance and market position.
  • Production Activity Discussions: The company is in discussions with producers about increasing activity, which is expected to positively impact performance in the second half of 2026 or more significantly in 2027, particularly with a producer in the Powder River Basin accelerating activity to bring on volumes in 2027.
Wall Street analysts forecast WES stock price to rise
4 Analyst Rating
Wall Street analysts forecast WES stock price to rise
0 Buy
4 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
39.00
Averages
40.50
High
42.00
Current: 0.000
sliders
Low
39.00
Averages
40.50
High
42.00
Morgan Stanley
Underweight
maintain
$41 -> $51
AI Analysis
2026-05-27
Reason
Morgan Stanley
Price Target
$41 -> $51
AI Analysis
2026-05-27
maintain
Underweight
Reason
Morgan Stanley raised the firm's price target on Western Midstream to $51 from $41 and keeps an Underweight rating on the shares.
Wells Fargo
Equal Weight
maintain
$41 -> $43
2026-05-13
Reason
Wells Fargo
Price Target
$41 -> $43
2026-05-13
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on Western Midstream to $43 from $41 and keeps an Equal Weight rating on the shares. The firm is also raising 2026-2027 EBITDA estimates to reflect the Brazos deal and Q1. Wells views the fully synergized multiple of 7.5 times as fair given accretion, customer diversification, and increased Delaware exposure.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for WES
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Valuation Metrics

The current forward P/E ratio for Western Midstream Partners LP (WES.N) is 14.51, compared to its 5-year average forward P/E of 9.66. For a more detailed relative valuation and DCF analysis to assess Western Midstream Partners LP's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.66
Current PE
14.51
Overvalued PE
11.21
Undervalued PE
8.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.32
Current EV/EBITDA
7.98
Overvalued EV/EBITDA
8.91
Undervalued EV/EBITDA
7.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.39
Current PS
3.70
Overvalued PS
3.79
Undervalued PS
2.99

Financials

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Whales Holding WES

T
Texas Yale Capital Corp.
Holding
WES
+41.40%
3M Return
B
BetaShares Capital Limited
Holding
WES
+19.73%
3M Return
C
Colonial First State Investments Limited
Holding
WES
+14.59%
3M Return
I
IOOF Investment Management Limited
Holding
WES
+13.18%
3M Return
E
Empirical Finance, LLC
Holding
WES
+12.76%
3M Return
N
Netwealth Investments Ltd.
Holding
WES
+12.71%
3M Return

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Frequently Asked Questions

What is Western Midstream Partners LP (WES) stock price today?

The current price of WES is 44.03 USD — it has increased 0.94

What is Western Midstream Partners LP (WES)'s business?

Western Midstream Partners, LP acquires, owns, develops and operates midstream assets. It is engaged in the business of 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. Its core assets provide services for customers in the Delaware Basin in West Texas and New Mexico, and the DJ Basin in northeastern Colorado, and the Powder River Basin in Northeast Wyoming. Additional assets and investments are in South Texas, Utah, and Southwest Wyoming. In its capacity as a natural gas processor, the Company also buys and sells natural gas, NGLs, and condensate on its behalf and its customers under certain gas processing contracts. Its subsidiaries include Western Midstream Operating GP, LLC, Western Midstream Services, LLC, Western Midstream Services Holdings, LLC, Western Midstream Operating, LP, and Aris Water Solutions, Inc.

What is the price predicton of WES Stock?

Wall Street analysts forecast WES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WES is40.50 USD with a low forecast of 39.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Western Midstream Partners LP (WES)'s revenue for the last quarter?

Western Midstream Partners LP revenue for the last quarter amounts to 1.12B USD, increased 22.51

What is Western Midstream Partners LP (WES)'s earnings per share (EPS) for the last quarter?

Western Midstream Partners LP. EPS for the last quarter amounts to 0.85 USD, increased 7.59

How many employees does Western Midstream Partners LP (WES). have?

Western Midstream Partners LP (WES) has 1704 emplpoyees as of June 04 2026.

What is Western Midstream Partners LP (WES) market cap?

Today WES has the market capitalization of 17.18B USD.