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Western Midstream Partners, LP

Data quality: 100%
WES
NYSE Energy Oil & Gas Midstream
$42.01
▼ $0.23 (-0.54%)
Mkt Cap: 17.14B
Day Range
$41.83 $42.52
52-Week Range
$33.60 $44.74
Volume
833,369
50D / 200D Avg
$41.41 / $39.48
Prev Close
$42.24

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Energy sector median (309 peers)

Metric Stock Sector Median
P/E 14.7 13.1
P/B 4.3 1.6
ROE % 32.2 9.7
Net Margin % 30.4 7.9
Rev Growth 5Y % 7.5 8.9
D/E 2.2 0.5

Analyst Price Target

Hold
$41.00 -2.4%
Low: $39.00 High: $42.00
Forward P/E
12.55
Forward EPS
$3.35
EPS Growth (est.)
+0.0%
Est. Revenue
4.10B

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $4.30
$3.92 – $4.55
4.80B 2
FY2029 $4.26
$3.88 – $4.50
4.59B 2
FY2028 $3.93
$3.28 – $4.32
4.38B 4

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-18 $0.85 $0.47 -44.4%
2025-11-04 $0.88 $0.87 -1.1%
2025-08-06 $0.83 $0.87 +4.9%
2025-05-07 $0.83 $0.79 -5.2%
2025-02-26 $0.85 $0.85 +0.1%
2024-11-06 $0.83 $0.74 -10.8%
2024-08-07 $0.88 $0.97 +10.2%
2024-05-08 $0.81 $1.47 +81.5%

Dividend History

7 yr streak

Yield

0.09%

Payout Ratio

1.22%

Growth (3Y)

25.43%

Growth (5Y)

18.31%

Ex-Date Payment Date Amount Yield
Feb 02, 2026 Feb 13, 2026 $0.91 9.07%
Oct 31, 2025 Nov 14, 2025 $0.91 9.62%
Aug 01, 2025 Aug 14, 2025 $0.91 9.07%
May 02, 2025 May 15, 2025 $0.91 9.73%
Feb 03, 2025 Feb 14, 2025 $0.88 8.62%
Nov 01, 2024 Nov 14, 2024 $0.88 8.72%
Aug 01, 2024 Aug 14, 2024 $0.88 7.33%
Apr 30, 2024 May 15, 2024 $0.88 7.59%
Jan 31, 2024 Feb 13, 2024 $0.58 8.94%
Oct 31, 2023 Nov 13, 2023 $0.58 9.29%
Jul 28, 2023 Aug 14, 2023 $0.56 8.61%
Apr 28, 2023 May 15, 2023 $0.86 8.90%
Jan 31, 2023 Feb 13, 2023 $0.50 7.40%
Oct 28, 2022 Nov 14, 2022 $0.50 6.43%
Jul 29, 2022 Aug 12, 2022 $0.50 6.16%
Apr 29, 2022 May 13, 2022 $0.50 6.07%
Jan 28, 2022 Feb 14, 2022 $0.33 5.48%
Oct 29, 2021 Nov 12, 2021 $0.32 5.97%
Jul 29, 2021 Aug 13, 2021 $0.32 6.12%
Apr 29, 2021 May 14, 2021 $0.32 6.14%

Key Takeaways

Revenue grew 7.51% annually over 5 years — modest growth
Earnings declined -25.67% over the past year
ROE of 32.23% indicates high profitability
Net margin of 30.43% shows strong profitability
Debt/Equity of 2.22 — high leverage
Generating 1.46B in free cash flow

Growth

Revenue Growth (5Y)
7.51%
Revenue (1Y)6.61%
Earnings (1Y)-25.67%
FCF Growth (3Y)26.65%

Quality

Return on Equity
32.23%
ROIC9.18%
Net Margin30.43%
Op. Margin41.26%

Safety

Debt / Equity
2.22
Current Ratio1.34
Interest Coverage4.06

Valuation

P/E Ratio
14.65
Forward P/E12.55
P/B Ratio4.26
EV/EBITDA15.92
Dividend Yield0.09%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 6.61% Revenue Growth (3Y) 11.23%
Earnings Growth (1Y) -25.67% Earnings Growth (3Y) 6.97%
Revenue Growth (5Y) 7.51% Earnings Growth (5Y) 6.29%
Profitability
Revenue (TTM) 3.84B Net Income (TTM) 1.17B
ROE 32.23% ROA 7.80%
Gross Margin 68.46% Operating Margin 41.26%
Net Margin 30.43% Free Cash Flow (TTM) 1.46B
ROIC 9.18% FCF Growth (3Y) 26.65%
Safety
Debt / Equity 2.22 Current Ratio 1.34
Interest Coverage 4.06
Dividends
Dividend Yield 0.09% Payout Ratio 1.22%
Dividend Growth (3Y) 25.43% Dividend Growth (5Y) 18.31%
Consecutive Div Years 7 yrs
Valuation
P/E Ratio 14.65 Forward P/E 12.55
P/B Ratio 4.26 P/S Ratio 4.46
PEG Ratio -0.53 Forward PEG N/A
EV/EBITDA 15.92 Fwd EV/EBITDA 10.26
Forward P/S 4.18 Fwd Earnings Yield 7.97%
FCF Yield 8.55%
Market Cap 17.14B Enterprise Value 25.25B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 3.84B 3.61B 3.11B 3.25B 2.88B
Net Income 1.17B 1.57B 1.02B 1.22B 916.29M
EPS (Diluted) 3.00 4.02 2.60 3.00 2.18
Gross Profit 2.63B 2.78B 2.34B 2.25B 2.00B
Operating Income 1.59B 1.97B 1.38B 1.59B 1.34B

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 15.00B 13.14B 12.47B 11.27B 11.27B
Total Liabilities 10.84B 9.77B 9.44B 8.16B 8.18B
Shareholders' Equity 4.02B 3.24B 2.90B 2.97B 2.96B
Total Debt 8.93B 8.14B 7.96B 6.83B 6.95B
Cash & Equivalents 819.49M 1.09B 272.79M 286.66M 202.00M
Current Assets 1.66B 1.85B 992.41M 900.43M 684.76M
Current Liabilities 1.24B 1.69B 1.30B 903.86M 1.14B