Western Midstream Partners (NYSE:WES) Stock Rating Raised to Buy at Wall Street Zen

Posted by Stanley Muller on Oct 4th, 2026

Wall Street Zen upgraded shares of Western Midstream Partners (NYSE:WES – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

A number of other brokerages also recently commented on WES. Stifel Nicolaus began coverage on shares of Western Midstream Partners in a report on Thursday, September 10th. They issued a “buy” rating and a $55.00 price target for the company. Truist Financial initiated coverage on Western Midstream Partners in a research note on Thursday, September 17th. They set a “buy” rating and a $55.00 price objective on the stock. Morgan Stanley upped their price objective on Western Midstream Partners from $51.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 18th. Wells Fargo & Company raised their price objective on Western Midstream Partners from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Royal Bank Of Canada lifted their target price on Western Midstream Partners from $41.00 to $47.00 and gave the stock a “sector perform” rating in a report on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.89.

View Our Latest Research Report on WES

Western Midstream Partners Stock Performance

WES opened at $44.79 on Friday. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $18.51 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 1.32 and a beta of 0.74. The company has a fifty day moving average of $47.51 and a 200 day moving average of $44.82. Western Midstream Partners has a fifty-two week low of $36.90 and a fifty-two week high of $50.07.

Western Midstream Partners (NYSE:WES – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The pipeline company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.91 by $0.08. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Western Midstream Partners had a net margin of 29.44% and a return on equity of 33.13%. The business’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 EPS. As a group, sell-side analysts forecast that Western Midstream Partners will post 3.66 earnings per share for the current fiscal year.

Western Midstream Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were paid a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend was Friday, July 31st. Western Midstream Partners’s dividend payout ratio (DPR) is currently 116.98%.

Insider Transactions at Western Midstream Partners

In other Western Midstream Partners news, Director Frederick Forthuber acquired 5,140 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of $48.62 per share, with a total value of $249,906.80. Following the transaction, the director directly owned 5,140 shares of the company’s stock, valued at $249,906.80. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.04% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Western Midstream Partners

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WES. Glen Eagle Advisors LLC boosted its holdings in shares of Western Midstream Partners by 843.0% in the fourth quarter. Glen Eagle Advisors LLC now owns 943 shares of the pipeline company’s stock valued at $37,000 after purchasing an additional 843 shares during the period. Continuum Advisory LLC bought a new position in Western Midstream Partners in the second quarter worth approximately $41,000. Toth Financial Advisory Corp increased its holdings in Western Midstream Partners by 209.4% during the 2nd quarter. Toth Financial Advisory Corp now owns 1,835 shares of the pipeline company’s stock worth $80,000 after purchasing an additional 1,242 shares during the period. Compass Financial Management LLC purchased a new position in Western Midstream Partners during the 2nd quarter worth $132,000. Finally, Geneos Wealth Management Inc. raised its position in Western Midstream Partners by 126.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,587 shares of the pipeline company’s stock valued at $148,000 after purchasing an additional 2,000 shares in the last quarter. Institutional investors own 84.82% of the company’s stock.

Western Midstream Partners Company Profile

(Get Free Report)

Western Midstream Partners, LP (NYSE: WES) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services that connect oil and natural gas production with processing facilities, pipelines, storage systems and end markets.

Its operations include the gathering, processing, treating, transportation and storage of natural gas, natural gas liquids and crude oil. Western Midstream also provides gathering and disposal services for produced water, a byproduct of oil and gas production.