Western Midstream Partners (NYSE:WES) Releases Earnings Results, Beats Expectations By $0.08 EPS

Posted by Francis Steltz on Aug 6th, 2026

Western Midstream Partners (NYSE:WES – Get Free Report) released its earnings results on Wednesday. The pipeline company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.08, FiscalAI reports. Western Midstream Partners had a return on equity of 33.89% and a net margin of 29.98%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business posted $0.87 earnings per share. The business’s revenue for the quarter was up 30.0% on a year-over-year basis.

Western Midstream Partners Stock Up 1.5%

Shares of NYSE:WES traded up $0.69 during trading on Thursday, reaching $46.84. The stock had a trading volume of 660,230 shares, compared to its average volume of 1,309,839. The firm’s 50-day simple moving average is $44.81 and its 200 day simple moving average is $43.02. The company has a market capitalization of $19.35 billion, a P/E ratio of 15.30, a PEG ratio of 1.93 and a beta of 0.68. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 2.34. Western Midstream Partners has a one year low of $36.90 and a one year high of $48.63.

Western Midstream Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be given a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Friday, July 31st. Western Midstream Partners’s payout ratio is presently 121.57%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Mizuho increased their target price on Western Midstream Partners from $48.00 to $51.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Morgan Stanley upgraded shares of Western Midstream Partners from an “underweight” rating to an “equal weight” rating and set a $51.00 target price for the company in a research report on Wednesday, June 10th. Stifel Nicolaus set a $46.00 price target on shares of Western Midstream Partners and gave the company a “buy” rating in a report on Thursday, May 7th. Royal Bank Of Canada restated a “sector perform” rating on shares of Western Midstream Partners in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company boosted their target price on Western Midstream Partners from $41.00 to $43.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Western Midstream Partners has an average rating of “Hold” and a consensus target price of $46.25.

View Our Latest Stock Analysis on WES

Hedge Funds Weigh In On Western Midstream Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in WES. Ameriflex Group Inc. purchased a new position in shares of Western Midstream Partners in the 4th quarter valued at about $156,000. Beacon Pointe Advisors LLC grew its stake in Western Midstream Partners by 3.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 36,140 shares of the pipeline company’s stock valued at $1,428,000 after acquiring an additional 1,240 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Western Midstream Partners by 6.1% during the 4th quarter. NewEdge Advisors LLC now owns 58,973 shares of the pipeline company’s stock valued at $2,329,000 after buying an additional 3,415 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Western Midstream Partners by 24.1% during the fourth quarter. Empowered Funds LLC now owns 236,768 shares of the pipeline company’s stock valued at $9,352,000 after acquiring an additional 45,930 shares during the last quarter. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of Western Midstream Partners in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 84.82% of the company’s stock.

About Western Midstream Partners

(Get Free Report)

Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.

The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.