Western Midstream Partners, LP
Western Midstream Partners, LP
Your view on WES
Overview
What the company does, where it operates, and who runs it.
About Western Midstream Partners, LP
- Industry
- Oil & Gas Midstream
- Sector
- Energy
- CEO
- Oscar K. Brown
- Headquarters
- 9950 Woodloch Forest Drive, The Woodlands, TX, US
- Industry
- Oil & Gas Midstream
- Sector
- Energy
- CEO
- Oscar K. Brown
- Headquarters
- 9950 Woodloch Forest Drive, The Woodlands, TX, US
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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Western Midstream Partners, LP, and the rating behind it. WES last traded at $49.03, 15.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Western Midstream Partners, LP. Starting points for Western Midstream Partners, LP: P/E 15.2, EPS $3.18, beta 0.66 — an Oil & Gas Midstream name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Western Midstream Partners, LP. Western Midstream Partners, LP paid $3.68 per share over the last year — a 7.5% yield at the current $49.03 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Western Midstream Partners, LP. Trailing twelve-month EPS for Western Midstream Partners, LP stands at $3.18. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Western Midstream Partners, LP. Western Midstream Partners, LP has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Western Midstream Partners, LP valued side by side against its closest peers. Western Midstream Partners, LP is measured against Oil & Gas Midstream peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Western Midstream Partners, LP, and how their positions are changing. At a $20.26B market value, institutional positions materially move Western Midstream Partners, LP's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Western Midstream Partners, LP executives and directors. Shares of Western Midstream Partners, LP have traded between $33.60 and $43.33 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Western Midstream Partners, LP. Western Midstream Partners, LP is a $20.26B Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Western Midstream Partners, LP. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Western Midstream Partners, LP. Coverage tracks Western Midstream Partners, LP within Oil & Gas Midstream (Energy). Press releases and market coverage, newest first.