Western Midstream Partners, LP

Western Midstream Partners, LP

WESยทNYSE

$44.03

+1.8%
EnergyOil & Gas Midstream

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.

At a Glance

Live Snapshot
Market Cap$17.34B
EPS3.0100
P/E Ratio14.63
Earnings Date08/05/2026
wes

Western Midstream Partners, LP Street Expectations Map

WES ยท NYSE

Wall Street analysts project that WES stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 46.25, with estimates ranging from a low of 43.00 to a high of 51.00.

Lowest Target
43.00
-2.34%
Consensus Target
46.25
5.04%
Highest Target
51.00
15.83%

The consensus 1-year price target stands at 46.25, with estimates ranging from a low of 43.00 to a high of 51.00.

Analyst Consensus Analysis

Upside Potential

+5.0%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

17.3% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

6.77x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

wes

Western Midstream Partners, LP Forward Estimates of Revenue

WES ยท NYSE
Latest Revenue
3.84B
FY 2025
Avg Estimate
4.17B
FY 2026
Estimate Range
4.07B - 4.27B
Analyst Spread

Forward Growth Analysis

Projected Growth+8.6%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

wes

Western Midstream Partners, LP Forward Estimates of Net Income

WES ยท NYSE
Latest Net Income
1.17B
FY 2025
Avg Estimate
1.41B
FY 2026
Estimate Range
1.34B - 1.48B
Analyst Spread

Forward Growth Analysis

Projected Growth+20.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread10%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

wes

Western Midstream Partners, LP Forward Estimates of EPS

WES ยท NYSE
Latest EPS
3.01
FY 2025
Avg Estimate
$3.71
FY 2026
Estimate Range
$3.49 - $3.87
Analyst Spread

Forward Growth Analysis

Projected Growth+23.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread10%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Western Midstream Partners, LP Forward Estimates of EBIT

WES ยท NYSE
Latest EBIT
1.59B
FY 2025
Avg Estimate
1.88B
FY 2026
Estimate Range
1.84B - 1.93B
Analyst Spread

Forward Growth Analysis

Projected Growth+18.4%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

wes

Western Midstream Partners, LP Forward Estimates of EBITDA

WES ยท NYSE
Latest EBITDA
2.30B
FY 2025
Avg Estimate
2.65B
FY 2026
Estimate Range
2.59B - 2.71B
Analyst Spread

Forward Growth Analysis

Projected Growth+15.3%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Western Midstream Partners, LP Forward Estimates of SG&A Expense

WES ยท NYSE
Latest SG&A Expense
398.92M
FY 2025
Avg Estimate
278.90M
FY 2026
Estimate Range
271.92M - 285.23M
Analyst Spread

Forward Growth Analysis

Projected Growth-30.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

wes

Western Midstream Partners, LP Insider Positioning

WES ยท NYSE

During the last 12 months, insiders have purchased $50K and sold $249K worth of WES shares, resulting in $199K of net selling activity.

3 Months

Bought

1.3K

50.24K

Sold

0

0.00

Net Activity

+50K

+$50K

3-6 Months

Bought

0

0.00

Sold

5.9K

248.97K

Net Activity

-249K

-$249K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
PRG

Phillips Robert G

Director

1.3K sharesโ€ข1 transactions

$50K

Top Sellers

1
DCB

Dial Christopher B.

Officer: Svp, Gc And Secretary

5.9K sharesโ€ข1 transactions

$249K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $199K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.20:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Recent Trend (3 Months)

$50K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.