Western Midstream Partners LP (WES)
NYSE: WESUtilitiesNatural Gas DistributionUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
WES stock chart
Technical analysisKey statistics
All statistics- Market cap
- $18.82B
- P/E (TTM)
- 14.41
- Forward P/E
- 11.89
- EPS (TTM)
- $3.16
- Dividend yield
- 8.08% ($3.68)
- Ex-dividend date
- Jul 31, 2026
- 52-week range
- 36.90 – 50.07
- Day range
- 45.31 – 46.40
- Volume / Avg
- 850.73K / 820.75K
- Beta
- —
- Shares outstanding
- 413.17M
- Next earnings
- Nov 3, 2026
52-week range
WES stock today
On Oct 7, WES ended the session at $45.55, shedding $0.63 (1.36%), versus the S&P 500's 0.22% decline. Shares are 9.0% below their 52-week high of $50.07, set on Aug 18, 2026 and 23.4% above the 52-week low of $36.90, in the middle of the past year's range. WES is up 16.9% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 19.6%.
At 14.4x trailing earnings, Western Midstream Partners trades below the peer-group median of 19.8x. Its forward P/E of 11.9x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. Western Midstream Partners's next earnings report is expected on Nov 3, 2026. Western Midstream Partners pays an annual dividend of $3.68 per share, a 8.08% yield at the current price.
Summary generated from market data by MetaCap's automated system. Methodology
About Western Midstream Partners
Company profileWestern 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.
- Sector
- Utilities
- Industry
- Natural Gas Distribution
- CEO
- Mr. Oscar K. Brown
- Headquarters
- The Woodlands, TX
- Employees
- 1,704
- IPO year
- 2012
- Website
- westernmidstream.com
Financial highlights
Full financialsIn fiscal 2025, Western Midstream Partners generated $3.84 billion in revenue, up 6.6% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $1.18 billion (-24.9% year over year), for a net margin of 30.7% versus a median of 32.9% in the prior 5 years. Gross margin was 94.6% (down from 95.2%) and operating margin 41.7%.
| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $3.84B | $3.61B | $3.11B | $3.25B | $2.88B |
| Growth | +6.61% | +16.06% | -4.47% | +13.02% | +3.77% |
| Net income | $1.18B | $1.57B | $1.02B | $1.22B | $916.29M |
| EPS (diluted) | — | — | — | — | — |
Analyst forecast
ForecastConsensus (15 analysts)
buy
Avg. price target
$49.69+9.09%
- Strong buy 0
- Buy 5
- Hold 9
- Sell 0
- Strong sell 1
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Nov 3, 2026
- EPS estimate
- $0.88
Dividends
Dividend history- Annual dividend
- $3.68
- Dividend yield
- 8.08%
- Last payment
- $0.93
- Ex-dividend date
- Jul 31, 2026
Western Midstream Partners peers
Utilities sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| DINOHF Sinclair Corporation | 115.63 | +0.90% | $20.56B | vs WES |
| PAAPlains All American Pipeline L.P. | 24.09 | +0.12% | $17.00B | vs WES |
| DTMDT Midstream Inc. | 122.69 | -1.53% | $12.52B | vs WES |
| AMAntero Midstream Corporation | 20.85 | -1.37% | $9.90B | vs WES |
| KNTKKinetik Holdings Inc. Class A | 53.72 | -0.43% | $9.09B | vs WES |
| UGIUGI Corporation | 36.65 | -1.35% | $7.86B | vs WES |
| SOBOSouth Bow Corporation | 33.37 | -2.28% | $6.96B | vs WES |
| PAGPPlains GP Holdings L.P. Class A Units representing Limited Partner Interests | 26.21 | -0.11% | $6.11B | vs WES |
Indexes, lists and sector
Appears in lists
Western Midstream Partners stock FAQ
What is Western Midstream Partners's stock price today?
WES last traded at $45.55 as of Oct 7, 4:00 PM EDT, down 1.36% on the day. Prices are delayed at least 15 minutes.
Does Western Midstream Partners pay a dividend?
Yes. Western Midstream Partners pays $3.68 per share annually, a 8.08% yield. The most recent dividend of $0.93 had an ex-dividend date of Jul 31, 2026.
When is Western Midstream Partners's next earnings date?
Western Midstream Partners is expected to report earnings on Tuesday, November 3, 2026. Analysts expect EPS of $0.88.
What is WES's P/E ratio?
WES trades at a trailing P/E ratio of 14.41 and a forward P/E of 11.89, compared with a median of 19.8 for its closest peers.
Who is Western Midstream Partners's CEO?
Mr. Oscar K. Brown is the chief executive officer of Western Midstream Partners LP, which has about 1,704 employees.
What is the WES 52-week high?
The 52-week high for WES is $50.07 and the 52-week low is $36.90. The stock is currently 9.0% below its high.