Western Midstream Partners, LP, acquires, owns, develops and operates midstream assets primarily in the United States.
| Revenue (TTM) | $4.05B |
| Gross Profit (TTM) | $2.83B |
| EBITDA | $2.37B |
| Operating Margin | 41.10% |
| Return on Equity | 36.70% |
| Return on Assets | 7.35% |
| Revenue/Share (TTM) | $10.37 |
| Book Value | $9.84 |
| Price-to-Book | 5.36 |
| Price-to-Sales (TTM) | 4.57 |
| EV/Revenue | 6.45 |
| EV/EBITDA | 10.84 |
| Quarterly Earnings Growth (YoY) | 7.60% |
| Quarterly Revenue Growth (YoY) | 22.50% |
| Shares Outstanding | $413.17M |
| Float | $242.58M |
| % Insiders | 35.63% |
| % Institutions | 39.38% |
Volatility is currently expanding
Western Midstream (WES) reached $43.13 at the closing of the latest trading day, reflecting a -1.44% change compared to its last close.
HOUSTON, July 1, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that its 2025 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/westernmidstream.
Starwood Property Trust has maintained its current dividend for more than a decade. Main Street Capital has raised its monthly dividend for 12 quarters in a row.
Western Midstream Partners (WES) remains a high-conviction Strong Buy, supported by robust fee-based cash flows and an 8.56% yield. WES delivered record quarterly results with adj. EBITDA of $683.1M and distributable cash flow of $508.9M, driven by high volumes and accretive acquisitions. Recent acquisitions, including Brazos Delaware II and Aris Water, expand WES's Delaware Basin footprint and diversify growth into less cyclical water infrastructure.
In the most recent trading session, Western Midstream (WES) closed at $42.11, indicating a -3.22% shift from the previous trading day.
HOUSTON, June 22, 2026 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $700 million in aggregate principal amount of 5.7% senior notes due 2036 at a price to the public of 99.705% of their face value (the "Senior Notes"). The offering of the Senior Notes is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions.
Western Midstream Partners is upgraded to a 'strong buy' due to compelling valuation, low leverage, and robust yield. WES's $1.6B acquisition of Brazos Delaware expands processing capacity and is priced attractively at 8x EV/EBITDA, declining to 7.5x with synergies. Recent financials show consistent revenue, profit, and cash flow growth, with produced water throughput up 139.3% year-over-year in Q1.
Western Midstream (WES) closed the most recent trading day at $42.96, moving 1.65% from the previous trading session.
The produced-water treatment pilot facility is a Joint Industry Project (JIP) between Western Midstream, Chevron, ConocoPhillips, Devon, and ExxonMobil. The facility is designed to produce approximately 1,000 barrels per day of reclaimed freshwater – ten times the amount of JIP 1.
Western Midstream (WES) delivers strong double-digit EBITDA growth and maintains a robust, high single-digit distribution yield. WES's $1.6B Brazos Delaware acquisition adds 470K dedicated acres and 49% gathering capacity, expected to be immediately accretive to DCF/unit. Operational efficiency shines with 7% O&M expense reduction and a 2.2% distribution increase to 8.4%, supporting sustainable shareholder returns.
