Western Midstream Partners, LP $WES Shares Sold by GraniteShares Advisors LLC

Posted by Francis Steltz on Nov 3rd, 2026

GraniteShares Advisors LLC cut its stake in Western Midstream Partners, LP (NYSE:WES – Free Report) by 17.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,062 shares of the pipeline company’s stock after selling 12,374 shares during the period. Western Midstream Partners makes up 1.7% of GraniteShares Advisors LLC’s holdings, making the stock its 18th largest position. GraniteShares Advisors LLC’s holdings in Western Midstream Partners were worth $2,576,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Militia Capital Management LLC acquired a new stake in shares of Western Midstream Partners in the 1st quarter valued at about $8,244,000. Adams Asset Advisors LLC lifted its holdings in shares of Western Midstream Partners by 8.9% in the third quarter. Adams Asset Advisors LLC now owns 408,023 shares of the pipeline company’s stock valued at $18,104,000 after purchasing an additional 33,200 shares in the last quarter. Infrastructure Capital Advisors LLC grew its holdings in shares of Western Midstream Partners by 6.7% during the first quarter. Infrastructure Capital Advisors LLC now owns 1,234,879 shares of the pipeline company’s stock worth $50,840,000 after buying an additional 77,202 shares in the last quarter. Berkley W R Corp grew its holdings in shares of Western Midstream Partners by 42.8% during the first quarter. Berkley W R Corp now owns 1,266,970 shares of the pipeline company’s stock worth $52,161,000 after buying an additional 379,807 shares in the last quarter. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its holdings in shares of Western Midstream Partners by 8.8% during the first quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,676,900 shares of the pipeline company’s stock worth $69,038,000 after buying an additional 136,000 shares in the last quarter. Institutional investors own 84.82% of the company’s stock.

Insider Buying and Selling

In related news, Director Frederick Forthuber purchased 5,140 shares of Western Midstream Partners stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of $48.62 per share, with a total value of $249,906.80. Following the completion of the transaction, the director owned 5,140 shares of the company’s stock, valued at approximately $249,906.80. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

WES has been the topic of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on Western Midstream Partners in a research report on Tuesday, October 20th. They issued a “neutral” rating and a $50.00 target price on the stock. Royal Bank Of Canada upped their price target on Western Midstream Partners from $41.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Monday, August 24th. Stifel Nicolaus assumed coverage on shares of Western Midstream Partners in a research note on Thursday, September 10th. They set a “buy” rating and a $55.00 price target for the company. UBS Group raised their price target on shares of Western Midstream Partners from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, July 10th. Finally, Zacks Research upgraded shares of Western Midstream Partners from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. 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 company’s stock. According to data from MarketBeat.com, Western Midstream Partners presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.89.

View Our Latest Report on Western Midstream Partners

Western Midstream Partners Trading Down 4.8%

Shares of NYSE:WES opened at $44.18 on Tuesday. The company’s 50-day moving average price is $46.38 and its two-hundred day moving average price is $44.17. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.91 and a quick ratio of 0.91. Western Midstream Partners, LP has a one year low of $36.90 and a one year high of $50.07. The stock has a market capitalization of $18.25 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 1.21 and a beta of 0.74.

Western Midstream Partners (NYSE:WES – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The pipeline company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.08. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Western Midstream Partners had a return on equity of 33.13% and a net margin of 29.44%. Western Midstream Partners’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 EPS. On average, equities analysts forecast that Western Midstream Partners, LP will post 3.67 EPS for the current fiscal year.

Western Midstream Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be given a dividend of $0.93 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $3.72 annualized dividend and a yield of 8.4%. Western Midstream Partners’s dividend payout ratio is 116.98%.

Western Midstream Partners Company Profile

(Free Report)

Western Midstream Partners, L.P. (NYSE:WES) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides gathering, processing, transportation, storage and treating services for natural gas, crude oil, natural gas liquids and produced water.

Western Midstream’s assets include gathering systems, processing plants, pipelines, storage facilities and water-handling infrastructure. These facilities connect oil and gas producers with downstream markets and are generally supported by long-term commercial arrangements.