Western Midstream Partners LP
WES | NYSE
$44.69
-$0.77 (-1.69%)
Nov 2, 2026, 12:47 PM ET · Market open
Market Data
Market Cap $18.46B
Enterprise Value $28.19B
Beta 0.71
Average Volume 913.46K
Shares Outstanding (Diluted) 399.38M
Shares Change YoY 4.46%
Institutional Ownership 44.69%
Exchange NYSE
ISIN US9586691035
Price Performance
Price Change 1M -0.2%
Price Change 3M -4.4%
Price Change 6M 5.0%
Price Change YTD 13.1%
Price Change 1Y 19.3%
Price Change 3Y 55.6%
Price Change 5Y 105.4%
1M CAGR (ann.) -1.9%
1Y CAGR (ann.) 32.2%
5Y CAGR (ann.) 25.5%
All-Time CAGR 9.5%
Valuation
PE Ratio 14.50
Forward PE 11.60
PEG Ratio -7.88
Forward PEG 1.53
PS Ratio 4.42
Forward PS 3.90
PB Ratio 4.50
P/FCF Ratio 8.52
P/Adj. FCF Ratio 8.62
P/OCF Ratio 8.59
EV/Sales 6.51
EV/EBIT 18.40
EV/EBITDA 12.22
EV/FCF 12.54
Earnings Yield 6.9%
FCF Yield 11.7%
Adj. FCF Yield 11.6%
Financial Health
Net Debt $8.95B
Total Debt $9.13B
Cash & Short-Term Investments $104.77M
Total Assets $16.32B
Current Ratio 0.91
Quick Ratio 0.91
Debt / Equity Ratio 2.14
Debt / EBITDA 3.96
Debt / FCF 4.06
OCF / Debt 0.24
Interest Coverage 8.60
Altman Z-Score 1.53
Piotroski F-Score 4
Margins & Profitability
Gross Profit Margin 66.5%
Operating Profit Margin 39.7%
EBITDA Margin 53.2%
Net Profit Margin 29.2%
FCF Margin 51.9%
Adj. FCF Margin 51.4%
SBC / Revenue 0.6%
SBC Impact (per share) -1.1%
Returns
Return on Assets 7.8%
Return on Equity 34.1%
Return on Invested Capital 11.1%
Return on Capital Employed 11.4%
Return on Tangible Assets 8.7%
Historical Growth (CAGR)
Revenue CAGR 3Y 11.9%
Revenue CAGR 5Y 9.8%
Revenue CAGR 10Y 10.7%
EPS CAGR 3Y 6.2%
EPS CAGR 5Y 8.2%
EPS CAGR 10Y 18.8%
FCF CAGR 3Y 26.1%
FCF CAGR 5Y 10.4%
FCF CAGR 10Y 25.2%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 8
EPS Growth Next 3Y 14.5%
Revenue Growth Next 3Y 6.3%
Earnings Date Nov 4, 2026
EPS Estimate (next Q) $0.92
EPS Growth Est (next Q) 5.3%
Revenue Est (next Q) $1.19B
Revenue Growth Est (next Q) 24.6%
Fair Value Estimates
Graham Number $28.22
Graham Upside -39.2%
Lynch Fair Value $26.18
Lynch Upside -43.6%
Price Target $49.71
Price Target Upside 7.2%
Cash Flow
Operating Cash Flow $2.15B
Free Cash Flow $2.25B
Adj. Free Cash Flow $2.22B
FCF Per Share $5.65
OCF Per Share $5.40
OCF/S Ratio 49.6%
Income Statement
Revenue $4.33B
Gross Profit $2.88B
Operating Income $1.72B
EBITDA $2.31B
Net Income $1.26B
EPS (Diluted) $3.20
Revenue / Employee $2.54M
Profit / Employee $742.28K
Employees 1,704
Dividends
Annual Dividend $3.70
Dividend Yield 7.98%
Payout Ratio 115.6%
FCF Payout Ratio 66.2%
Adj. FCF Payout Ratio 66.9%
Dividend Growth (YoY) 2.6%
Pay Frequency Quarterly
Ex-Dividend Date Nov 2, 2026
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