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Western Midstream Partners, LP (WES)

Energy | Oil & Gas Midstream | The Woodlands, United States | NYSE
40.54 USD -0.31 (-0.759%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 40.66 +0.12 (0.296%) ⇧ (April 17, 2026, 6:06 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 4:27 p.m. EDT

WES offers a high dividend yield, which is attractive for income-focused investors. However, the payout ratio is over 100%, which raises concerns about the sustainability of the dividend. The stock has shown some volatility in the short term, with a recent dip below the 50-day moving average. While the fundamentals are somewhat stable, the recent earnings misses and mixed analyst recommendations suggest caution. Long-term investors might consider buying on dips, but short-term traders should be wary of the volatility and potential for further declines.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.020861
AutoARIMA0.031754
AutoETS0.031755
MSTL0.031790

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 64%
H-stat 0.20
Ljung-Box p 0.000
Jarque-Bera p 0.014
Excess Kurtosis 1.06
Attribute Value
Sector Energy
Ex Dividend Date 2026-02-01
Last Dividend Date 2026-02-01
Debt to Equity Ratio 211.846
Revenue per Share 9.955
Market Cap 16,540,146,688
Trailing P/E 13.60
Forward P/E 10.91
Beta 0.70
Profit Margins 30.04%
Website https://www.westernmidstream.com

As of April 11, 2026, 4:27 p.m. EDT: Options activity indicates mixed sentiment. There is significant open interest and volume in both calls and puts, especially around the ATM strike prices. The elevated IV (implied volatility) suggests uncertainty or anticipation of price movements. The presence of top OI in calls for strikes above the current price may signal bullish sentiment, while the puts with high OI at lower strikes indicate potential bearish expectations. Overall, the options market is showing a balance between bullish and bearish speculation, with no clear consensus on the direction of the stock.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.27% 9.85% 10.71% 10.22%
Dividend History
Date Dividend Yield %
2026-02-02 0.910 2.268195
2025-10-31 0.910 2.483111
2025-08-01 0.910 2.419903
2025-05-02 0.910 2.683005
2025-02-03 0.875 2.366231
2024-11-01 0.875 2.675283
2024-08-01 0.875 2.541389
2024-04-30 0.875 3.011209
2024-01-31 0.575 2.407163
2023-10-31 0.575 2.628171
2023-07-28 0.563 2.510082
2023-04-28 0.856 4.134237
2023-01-31 0.500 2.442543
2022-10-28 0.500 2.365898
2022-07-29 0.500 2.553497
2022-04-29 0.500 2.880265
2022-01-28 0.327 1.982873
2021-10-29 0.323 2.191134
2021-07-29 0.319 2.274547
2021-04-29 0.315 2.303265
2021-01-29 0.311 3.187840
2020-10-29 0.311 5.810713
2020-07-30 0.311 5.376464
2020-04-30 0.311 5.922524
2020-01-30 0.622 6.287218
2019-10-31 0.620 5.179115
2019-07-30 0.618 3.701504
2019-04-30 0.610 3.601228
2019-01-31 0.603 3.627480
2018-10-30 0.595 3.984286
2018-07-31 0.583 3.130967
2018-05-01 0.569 3.385706
2017-11-01 0.538 2.824417
2017-07-27 0.528 2.658930
2017-04-27 0.491 2.317292
2017-01-31 0.463 2.184970
2016-10-27 0.448 2.184203
2016-07-28 0.434 2.520841
2016-04-28 0.424 2.223307
2016-01-28 0.404 3.255579
2015-10-29 0.381 2.052055
2015-07-29 0.364 1.425679
2015-04-28 0.343 1.220329
2015-01-29 0.313 1.250101
2014-10-29 0.291 1.072240
2014-07-29 0.271 1.072585
2014-04-28 0.250 1.210921
2014-01-29 0.231 1.315035
2013-10-29 0.214 1.306665
2013-07-29 0.198 1.169441
2013-04-26 0.179 1.226710
2013-01-30 0.036 0.257049
Additional Data
dividendRate 3.64
dividendYield 8.91
exDividendDate 2026-02-02
trailingAnnualDividendRate 3.64
trailingAnnualDividendYield 0.08910649
lastDividendValue 0.91
lastDividendDate 2026-02-02
dividendDate 2026-02-13

Info Dump

Attribute Value
52 Week Change 0.10704613
Address1 9,950 Woodloch Forest Drive
Address2 Suite 2800
All Time High 66.24
All Time Low 2.9
Ask 40.66
Ask Size 1,100
Average Analyst Rating 2.9 - Hold
Average Daily Volume10 Day 976,780
Average Daily Volume3 Month 1,425,980
Average Volume 1,425,980
Average Volume10Days 976,780
Beta 0.697
Bid 40.1
Bid Size 300
Book Value 9.841
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 40.54
Current Ratio 1.34
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 40.735
Day Low 39.91
Debt To Equity 211.846
Dividend Date 1,770,940,800
Dividend Rate 3.64
Dividend Yield 8.91
Earnings Call Timestamp End 1,771,513,200
Earnings Call Timestamp Start 1,771,513,200
Earnings Growth -0.452
Earnings Quarterly Growth -0.426
Earnings Timestamp 1,771,448,400
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda 2,273,788,928
Ebitda Margins 0.59161
Enterprise To Ebitda 10.655
Enterprise To Revenue 6.304
Enterprise Value 24,227,756,032
Eps Current Year 3.34096
Eps Forward 3.71533
Eps Trailing Twelve Months 2.98
Esg Populated 0
Ex Dividend Date 1,769,990,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 41.4904
Fifty Day Average Change -0.9503975
Fifty Day Average Change Percent -0.022906445
Fifty Two Week Change Percent 10.704613
Fifty Two Week High 44.74
Fifty Two Week High Change -4.200001
Fifty Two Week High Change Percent -0.09387574
Fifty Two Week Low 35.25
Fifty Two Week Low Change 5.290001
Fifty Two Week Low Change Percent 0.15007095
Fifty Two Week Range 35.25 - 44.74
Financial Currency USD
First Trade Date Milliseconds 1,355,149,800,000
Five Year Avg Dividend Yield 7.55
Float Shares 242,463,709
Forward Eps 3.71533
Forward P E 10.911549
Free Cashflow 794,362,112
Full Exchange Name NYSE
Full Time Employees 1,704
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.70783997
Gross Profits 2,720,528,896
Has Pre Post Market Data 1
Held Percent Insiders 0.38436002
Held Percent Institutions 0.42778
Implied Shares Outstanding 407,995,726
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,769,990,400
Last Dividend Value 0.91
Last Fiscal Year End 1,767,139,200
Long Business Summary Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company 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 of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. 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.
Long Name Western Midstream Partners, LP
Market us_market
Market Cap 16,540,146,688
Market State POST
Max Age 86,400
Message Board Id finmb_223971217
Most Recent Quarter 1,767,139,200
Net Income To Common 1,154,498,048
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 16,081,314,678
Number Of Analyst Opinions 12
Open 40.71
Operating Cashflow 2,222,625,024
Operating Margins 0.28091
Payout Ratio 1.2097
Phone 346 786 5000
Post Market Change 0.11999893
Post Market Change Percent 0.29600132
Post Market Price 40.66
Post Market Time 1,776,463,598
Previous Close 40.85
Price Eps Current Year 12.134237
Price Hint 2
Price To Book 4.1195
Price To Sales Trailing12 Months 4.303516
Profit Margins 0.30038
Quick Ratio 1.301
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.85714
Region US
Regular Market Change -0.309998
Regular Market Change Percent -0.758868
Regular Market Day High 40.735
Regular Market Day Low 39.91
Regular Market Day Range 39.91 - 40.735
Regular Market Open 40.71
Regular Market Previous Close 40.85
Regular Market Price 40.54
Regular Market Time 1,776,456,003
Regular Market Volume 3,659,864
Return On Assets 0.06847
Return On Equity 0.32167998
Revenue Growth 0.111
Revenue Per Share 9.955
Sand P52 Week Change 0.36506534
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 393,667,434
Shares Percent Shares Out 0.0198
Shares Short 7,802,351
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 6,669,889
Short Name Western Midstream Partners, LP
Short Percent Of Float 0.0322
Short Ratio 5.13
Source Interval 15
State TX
Symbol WES
Target High Price 49.0
Target Low Price 38.0
Target Mean Price 42.08333
Target Median Price 41.5
Total Cash 819,491,008
Total Cash Per Share 2.082
Total Debt 8,819,416,064
Total Revenue 3,843,403,008
Tradeable 0
Trailing Annual Dividend Rate 3.64
Trailing Annual Dividend Yield 0.08910649
Trailing Eps 2.98
Trailing P E 13.604027
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 39.75885
Two Hundred Day Average Change 0.7811508
Two Hundred Day Average Change Percent 0.019647218
Type Disp Equity
Volume 3,659,864
Website https://www.westernmidstream.com
Zip 77,380