WES
Western Midstream Partners LP
NYSE: WES · ENERGY · OIL & GAS MIDSTREAM
$43.95
-1.60% today
Updated 2026-06-05
Market cap
$17.55B
P/E ratio
14.66
P/S ratio
4.33x
EPS (TTM)
$3.04
Dividend yield
8.33%
52W range
$34 – $48
Volume
1.5M
WallStSmart proprietary scores
63
out of 100
Grade: C+
Hold
Investment rating
6.7
Growth
B3.8
Quality
D9.0
Profitability
A+4.7
Valuation
C2/9
Piotroski F-Score
Weak
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$43.00
-2.16%
12-Month target
$42.04
-4.35%
Intrinsic (DCF)
$42.30
Margin of safety
-0.35%
0 Strong Buy3 Buy8 Hold1 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 29.50% — above average
+ ROE 35.74% — strong efficiency
+ Free cash flow $244.07M — positive
+ Revenue growth 22.50% QoQ
Risks
- Piotroski 2/9 — weak financial health
- Debt/equity 2.59x — high leverage
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $3.25B | $3.11B | $3.61B | $3.84B | $4.05B | $4.8B |
| Net income | $1.22B | $1.02B | $1.57B | $1.17B | $342.39M | — |
| EPS | — | — | — | — | $3.04 | $3.72 |
| Free cash flow | $1.21B | $913.12M | $1.27B | $1.46B | $244.07M | — |
| Profit margin | 37.43% | 32.91% | 43.65% | 30.43% | 29.50% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-11 | PHILLIPS, ROBERT G | Buy | 1,250 | $40.19 |
| 2026-02-12 | STEWART, LISA A | Sale | 3,843 | — |
| 2026-02-12 | STEWART, LISA A | Buy | 3,778 | — |
Peer comparison
Smart narrative
Western Midstream Partners LP trades at $43.95. representing a P/E of 14.66x trailing earnings. Our Smart Value Score of 63/100 indicates the stock is good. The company scores 2/9 on the Piotroski F-Score. TTM revenue stands at $4.05B. with profit margins at 29.50%. Our DCF model estimates intrinsic value at $42.30.
Frequently asked questions
What is Western Midstream Partners LP's stock price?
Western Midstream Partners LP (WES) trades at $43.95, on a P/E of 14.7x and a P/S of 4.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Western Midstream Partners LP overvalued?
Western Midstream Partners LP carries a Smart Value Score of 63/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $42.30 against the $43.95 price, so on cash flow terms the market is paying a premium for Western Midstream Partners LP's growth. The Hold rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Western Midstream Partners LP (WES)?
The 12-month analyst consensus target is $43.00, about 2.2% below the current $43.95. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of WES by 2030?
Our research-backed model puts the 2030 base case at $21.09, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Western Midstream Partners LP (WES)?
Our DCF model estimates intrinsic value at $42.30, a -0.3% margin of safety versus today's $43.95. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Western Midstream Partners LP's revenue?
Western Midstream Partners LP's trailing twelve-month revenue is $4.05B, and our model projects it reaching about $7.05B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Company info
SectorENERGY
IndustryOIL & GAS MIDSTREAM
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio4.33x
ROE35.74%
Beta0.65
50D MA$43.07
200D MA$40.61
Shares out0.39B
Float0.24B
Short ratio—
Avg volume1.5M
Performance
1 week+0.00%
1 month-3.61%
3 months+10.58%
YTD+12.33%
1 year—
3 years—
5 years—