StockData
Western Midstream Partners, LP logo

Western Midstream Partners, LP (WES) stock

WESNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 9/3025% below fair value
$42.23+0.45 (+1.08%)

Close on Nov 13, 2026Market cap $17.45BP/E –Yield –

Western Midstream Partners, LP statistics

76 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings
Feb 17, 2027 (estimated, after the close)
Last ex-dividend date
Jul 31, 2026
Fundamentals through
Sep 30, 2026
Share price as of
Nov 13, 2026

Valuation ratiosIndustry

Market Cap
$17.45B
$5.24B
Enterprise Value
$26.56B
$8.75B
PS Ratio
3.81
2.82
P/OCF Ratio
8.19
9.62

Enterprise valuationIndustry

EV / Sales
5.81
4.49
EV / EBITDA
10.25
13.37
EV / EBIT
15.06
20.98

Share statisticsIndustry

Float
262M
118M
Shares Held by Insiders
36.6%
1.37%
Shares Held by Institutions
43.1%
80.3%

Short sellingIndustry

Short Interest
6M
–
Short Interest Change
-8.99%
-1.80%
Short % of Float
2.22%
4.12%
Short % of Shares Outstanding
1.41%
3.58%
Days to Cover
4.05
4.52

Stock price statisticsIndustry

52-Week High
$50.07
–
52-Week Low
$38.44
–
20-Day Moving Average
$43.43
–
50-Day Moving Average
$45.13
–
200-Day Moving Average
$44.19
–
Average True Range (14)
$1.05
–
Price Change (1 Week)
5.97%
1.53%
Price Change (1 Month)
-4.33%
3.82%
Price Change (3 Months)
-13.1%
-3.37%
Price Change (6 Months)
-8.26%
-2.42%
Price Change (YTD)
6.91%
5.22%
Price Change (1 Year)
8.53%
1.91%
Price Change (3 Years)
50.2%
35.3%
Price Change (5 Years)
89.5%
23.2%
Price Change (10 Years)
-2.99%
52.6%
Average Volume (10 Days)
2M
–
Average Volume (20 Days)
2M
–
Average Volume (90 Days)
1M
–
Relative Volume
1.77
0.81
Relative Strength Index (14)
41.9
53.8
Volatility (1 Year)
22.4%
25.2%
Beta (5 Years)
0.62
0.43

MarginsIndustry

Gross Margin
91.0%
44.0%
Pretax Margin
29.1%
14.6%
Profit Margin
27.9%
10.9%
EBITDA Margin
56.6%
33.2%

Returns on capitalIndustry

Return on Assets (ROA)
8.94%
2.64%
Return on Capital Employed (ROCE)
11.8%
4.78%

Financial positionIndustry

Current Ratio
0.81
0.90
Quick Ratio
0.76
0.39
Debt / EBITDA
3.53
4.88
Net Debt / EBITDA
3.52
4.68
Interest Coverage
3.97
2.41

GrowthIndustry

Revenue Growth (YoY)
22.3%
7.96%
Net Income Growth (YoY)
-3.59%
12.1%
Revenue Growth (3Y CAGR)
5.73%
3.90%
Revenue Growth (5Y CAGR)
6.75%
7.80%

EfficiencyIndustry

Asset Turnover
0.32
0.23
Revenue Per Employee
$2.68M
$1.11M
Profits Per Employee
$749.07K
$118.50K
Employee Count
1,704
1,444
WACC
6.78%
6.96%

Income statement (TTM)Industry

Revenue
$4.57B
$2.34B
Gross Profit
$4.16B
$841.93M
Operating Income
$1.76B
$370.54M
Pretax Income
$1.33B
$279.10M
Net Income
$1.28B
$140.26M
EBITDA
$2.59B
$664.06M

Balance sheetIndustry

Total Debt
$9.15B
$4.67B
Net Cash (Debt)
-$9.11B
-$2.57B
Net Cash Per Share
-$22.05
-$23.93
Working Capital
-$269.66M
-$14.10M

Cash flow (TTM)Industry

Operating Cash Flow
$2.13B
$516.26M

Dividends and yieldsIndustry

Earnings Yield
7.32%
4.40%
Payout Ratio
119.6%
58.8%

Taxes and interestIndustry

Interest Expense
$444.63M
$204.10M

Scores and fair valueIndustry

Altman Z-Score
1.48
1.09
Piotroski F-Score
5
5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

PeriodWESS&P 500DifferenceWES per yearS&P 500 per year
1 month-6.8%-3.0%−3.8 pts
3 months-12.5%-2.8%−9.8 pts
Year to date+13.9%+11.5%+2.4 pts
1 year+16.6%+13.5%+3.2 pts
3 years+96.3%+77.7%+18.6 pts+25.2%+21.1%
5 years+184.6%+72.6%+112.0 pts+23.3%+11.5%
10 years+123.7%+308.2%−184.5 pts+8.4%+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

6M WES shares were sold short on Oct 30, 2026, down 9.0% from the previous report, or 2.22% of the shares available to trade. At recent volumes it would take 4.0 days to buy them back. Over the last 20 sessions, 23.5% of the volume reported to FINRA was short selling.

Settlement dateShares shortChangeAvg. daily volumeDays to cover
Oct 30, 20265,819,286-9.0%1,436,8174.0
Oct 15, 20266,394,130+6.1%1,069,1876.0
Sep 30, 20266,027,234-7.1%912,8886.6
Sep 15, 20266,485,536+2.3%824,9477.9
Aug 31, 20266,340,464-10.2%623,85210.2
Aug 14, 20267,060,804-9.4%967,8087.3
Jul 31, 20267,794,686+3.8%808,3169.6
Jul 15, 20267,511,598-2.3%710,45710.6
Jun 30, 20267,690,771-11.0%1,155,1696.7
Jun 15, 20268,639,736+8.3%916,1249.4
May 29, 20267,980,937-0.1%1,378,3465.8
May 15, 20267,985,788-5.0%1,826,2374.4

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

See a number that looks wrong?