NYSE · WESUtilitiesElectric, Gas & Water Utilities

Western Midstream Partners, LP (WES)

$42.54−3.03%
Close Nov 4, 2026 · split-adjusted
Nov 2, 2026$44.23▲ 18.10% in range
Nov 3, 2025Low $37.34 · High $49.80Nov 2, 2026
What changed · written from our data
As of Nov 4, 2026

Western Midstream Partners, LP closed at $42.54 on Nov 4, down 3.03%, 14.6% below its 52-week closing high. Volume of 2.3M shares was 1.63× its 20-day average (above normal).

Split-adjusted performance: -7.9% over one month, +3.1% over six months, +13.6% over one year.

In the quarter ended Jun 30, 2026, revenue was $1.22B, up 30.0% from a year earlier, with a net margin of 32.2%.

Short interest was 6.4M shares at the Oct 15 settlement, up 6.1% from the prior report (6.0 days to cover).

Market cap$17.58B413.2M shares
Revenue · quarter$1.22B+30.0% YoY
Diluted EPS$0.99+13.8% YoY
P/E · TTM14.0×P/S 4.1×
Net margin32.2%Gross 90.4%
Dividend yield8.74%$0.93 last paid
52-week range37.34 – 49.80−14.6% from high
Volume2.3M1.63× 20-day avg
Volatility · 60d20.3%Annualised
Short % of float—6.0 days to cover
Net cash-$8.95BCash $104.8M
Next earnings—Not scheduled
Split-adjusted performance
1W −5.5%1M −7.9%3M −9.4%6M +3.1%YTD +7.7%1Y +13.6%3Y +56.4%5Y +93.7%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Electric, Gas & Water Utilities

Percentile among 119 companies (100 = best)

6-month momentum63
Revenue growth88
Net margin95
Value (low P/E)83
Size66

Industry medians: 6-month return −1.0%, revenue growth +6.9%, net margin 12.0%, P/E 21.1×.

Short interest

Details →
Shares short6.4M+6.1% vs prior
Days to cover6.0Settled Oct 15
% of float—
Short vol. 10d19.4%of daily volume

Closest peers by size in Electric, Gas & Water Utilities

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
WESWestern Midstream Partners, LP$42.54−3.03%+3.1%+30.0%32.2%14.0$17.58B
NRGNRG Energy$83.25−13.52%−44.7%+11.0%6.5%22.4$17.50BCompare
LNTAlliant Energy$73.77+2.29%+2.0%+6.2%31.0%20.5$19.13BCompare
EVRGEvergy$86.21+0.89%+6.4%+4.4%14.3%21.5$19.88BCompare
TLNTalen Energy$326.78−8.54%−20.3%+63.4%10.4%—$15.46BCompare
CLHClean Harbors$288.24−2.23%+0.1%+20.7%11.1%28.8$15.20BCompare
NINiSource$45.29+1.50%−4.7%+6.0%9.6%23.0$21.72BCompare
CMSCMS Energy$70.98+1.40%−4.1%+8.0%5.5%25.8$22.26BCompare
EIXEdison International$61.48+3.12%−10.6%−15.0%14.8%6.5$23.66BCompare

Quick answers

What does Western Midstream Partners, LP do?
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil.
What is WES's market cap?
$17.58B, based on the Nov 4 close of $42.54.
What is WES's P/E ratio?
14.0× trailing-twelve-month earnings of $1.26B.
Does Western Midstream Partners, LP pay a dividend?
Yes. The latest regular dividend was $0.93 per share (ex-date Nov 2), an annualised yield of 8.74%.
What sector is WES in?
Utilities, in the Electric, Gas & Water Utilities industry.

About Western Midstream Partners, LP

Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma) and Texas.

HQ: The Woodlands, TX1,704 employeesListed Dec 7, 2012westernmidstream.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology