Energy
Western Midstream Partners, LP(WES)
Live Price
Offline$42.96
-1.65% today
1Y Change
+13.62%
Window
Jun 23, 2025 โ Jun 15, 2026
- Market Cap
- $17.37B
- Revenue Growth
- +6.6%
- EPS Growth
- -25.5%
- Dividend Yield
- 8.6%
Coverage: 247 bars ยท Jun 23, 2025 โ Jun 15, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Western Midstream Partners, LP (WES) is a Energy stock with a market cap of $17.37B and listed on NYSE. The stock last traded around $42.96 and up 13.6% across the available one-year price window (Jun 23, 2025 โ Jun 15, 2026). Baseline metrics include revenue growth of +6.6%, EPS growth of -25.5%, a dividend yield of 8.6%. What stands out right now is revenue +6.6%, EPS -25.5%, free cash flow +14.9% with operating margin 41.3% and ROIC 11.0%. The dividend matters to the case here, with a current yield around 8.6%. Valuation is more restrained than many high-expectation growth names at P/E 14.6 and price/sales 4.5. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines WES price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+6.6% vs +11.2% peer median
Operating Margin
Above sector median
+41.3% vs +8.6% peer median
P/E
Above sector median
14.6 vs 7.9 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +6.6% and EPS is at -25.5%, with operating margin around 41.3%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 8.6%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +3.2% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 6, 2026 | โ | +5.0% | +10.0% | +9.3% |
2026 Feb 18, 2026 | -44.4% | -5.5% | -6.7% | -6.7% |
2025 Nov 4, 2025 | -1.1% | +2.4% | +6.2% | +5.1% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
WES
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
WES Max Drawdown
-9.52%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for WES and SPY.
Company Overview
Western Midstream Partners, LP
New York Stock Exchange
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It 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 produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
- Leadership
- Oscar K. Brown
- IPO Date
- Dec 10, 2012
- Employees
- 1.5k
- Street Address
- 9950 Woodloch Forest Drive
- Mailing
- The Woodlands, TX, 77380
- Region
- The Woodlands, TX, US
- Reporting Currency
- USD
- Investor Line
- 346 786 5000
- Last Updated
- May 6, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 14.6
- EV/EBITDA
- 11.1
- Price/Sales
- 4.5
- Price/Book
- 4.2
Growth
- Revenue
- +6.6%
- EPS
- -25.5%
- Free Cash Flow
- +14.9%
Profitability
- Gross Margin
- 68.5%
- Operating Margin
- 41.3%
- Net Margin
- 30.4%
- ROE
- 34.4%
- ROIC
- 11.0%
Balance Sheet
- Debt/Equity
- 2.22
- Current Ratio
- 1.34
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.