Western Midstream Partners, LP (WES) stock
Close on Nov 12, 2026Market cap $17.26BP/E –Yield –
Western Midstream Partners, LP grew revenue 22.3% to $4.57B over the twelve months to Sep 30, 2026. Operating income rose 2.4% to $1.76B, moving the operating margin from 46.0% to 38.5%. At the latest close the market valued the company at $17.26B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $17.26B
- P/E ratio
- –
- Price to sales
- 3.77
- Price to book
- –
- Dividend yield
- –
- Free cash flow yield
- –
Fundamentals
- Revenue
- $4.57B
- Net income
- $1.28B
Trading
- Next earnings
- Feb 17, 2027 (estimated, after the close)
- Previous close
- $41.32
- Open
- $41.61
- Day's range
- $41.28 – $42.13
- Volume
- 968,703
- Average volume (20 days)
- 1,791,717
- Beta (5 years)
- 0.62
- 52-week range
- $38.44 – $50.07
- RSI (14 days)
- 35.1
- Volatility (1 year)
- 22.4%
- Relative volume
- 1.37×
- WACC
- 6.5%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | WES | S&P 500 | Difference | WES per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -7.8% | -2.7% | −5.1 pts | ||
| 3 months | -13.3% | -1.7% | −11.5 pts | ||
| Year to date | +12.7% | +11.9% | +0.8 pts | ||
| 1 year | +14.4% | +12.0% | +2.4 pts | ||
| 3 years | +95.2% | +78.2% | +17.0 pts | +25.0% | +21.2% |
| 5 years | +181.6% | +73.2% | +108.4 pts | +23.0% | +11.6% |
| 10 years | +121.3% | +309.6% | −188.4 pts | +8.3% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
Free cash flow
Press releases
Releases Western Midstream Partners, LP filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Results
- Results
About Western Midstream Partners, LP
Natural Gas Transmission
Western Midstream operates assets across the midstream energy and infrastructure sector. Its primary activities encompass natural gas gathering, treating, and processing, natural gas liquids transportation and gathering pipelines, crude oil infrastructure, and produced water disposal systems. The business delivers fee-based and product-based gathering, processing, and transportation services to affiliated entities such as Occidental, as well as third-party customers.
Company profile, executives and historyWestern Midstream Partners, LP stock: common questions
What is Western Midstream Partners, LP's stock price?
WES closed at $41.78 on Nov 12, 2026, up 1.11% on the day. Over the past 52 weeks it traded between $38.44 and $50.07.
What is Western Midstream Partners, LP's market cap?
Western Midstream Partners, LP was worth $17.26B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
How much revenue does Western Midstream Partners, LP make?
Western Midstream Partners, LP reported revenue of $4.57B for the twelve months to Sep 30, 2026, up 22.3% from a year earlier.
Does Western Midstream Partners, LP pay a dividend?
No. Western Midstream Partners, LP has not paid a cash dividend over the last twelve months.
When does Western Midstream Partners, LP report earnings next?
Western Midstream Partners, LP is expected to report Q4 FY2026 results on Feb 17, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has WES stock performed over the past year?
Including dividends, WES returned +14.4% over the past year, against +12.0% for the S&P 500.
How many WES shares are sold short?
6M shares were sold short at the latest FINRA report, 2.22% of the float, or 4.0 days of average trading volume.
Who are Western Midstream Partners, LP's competitors?
Companies most similar to Western Midstream Partners, LP by business, industry and size include NGL, KNTK, AM, WMB, TRGP.
See a number that looks wrong?