Nama Insights

Western Midstream Partners (WES)

Energy · Oil Gas Midstream · NYSE

Western Midstream Partners (WES) is a Energy company in the Oil Gas Midstream industry. It has a market capitalization of $16.47B, a trailing price-to-earnings ratio of 12.9 and a free-cash-flow yield of 9.7%. Over the most recent reported fiscal year, revenue grew 6.6% and free cash flow per share grew 13.1%. Nama's AI scorecard rates it Hold, 4.7 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Hold · 4.7/10
The sections balance. As of Nov 7, 2026.
Momentum
Rising · +18.2% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-20.4%
How far the last close sits under the highest price of the past five years.
Market cap$16.47B
Trailing P/E12.9
Price / book—
Price / sales3.8
FCF yield9.7%
Dividend yield9.3%
Gross margin74.2%
Operating margin39.2%
Net margin29.6%
Revenue growth (YoY)+6.6%
Revenue growth (3-yr annual)+5.7%
EPS growth (YoY)-5.8%
FCF/share growth (YoY)+13.1%
Beta0.7
ExchangeNYSE
SectorEnergy
IndustryOil Gas Midstream

WES earnings

Next report: Feb 17, 2027 (Q4 2026, EPS estimate $0.90). Beat the EPS estimate in 2 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 4, 2026 $0.74 $0.92 -19.6% $1.19B
Q2 2026 Aug 5, 2026 $1.00 $0.92 +8.7% $1.22B
Q1 2026 May 6, 2026 $0.87 $0.78 +11.5% $1.12B
Q4 2025 Feb 18, 2026 $0.48 $0.80 -40.0% $1.03B

WES analyst price target

Median target $50.00 from 13 analysts, ranging $41.00 – $59.00.

Oil Gas Midstream peers

TickerCompanyMarket capP/E
ENB Enbridge $104.51B 22.3
WMB Williams Companies $80.11B 27.6
EPD Enterprise Products Partners $79.86B 12.2
KMI Kinder Morgan $66.74B 18.8
TRP TC Energy $64.51B 22.7
LNG Cheniere Energy $56.76B 15.1
TRGP Targa Resources $56.74B 22.7
MPLX MPLX $56.64B 13.4
Explore live WES data on Nama Insights →

Recent Congressional trades

Western Midstream Partners trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —

WES FAQ

Is WES a buy?
Nama's AI scorecard currently rates Western Midstream Partners Hold (4.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is WES's P/E ratio?
Western Midstream Partners trades at a trailing price-to-earnings ratio of 12.9.
When does WES report earnings?
Western Midstream Partners's next scheduled report is on Feb 17, 2027. Analysts expect EPS of $0.90.
What is the WES price target?
The median analyst price target from 13 analysts is $50.00, with a range of $41.00 – $59.00.
Is WES Shariah compliant?
Nama's AAOIFI-style screen reads Western Midstream Partners as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does WES pay a dividend?
Yes — Western Midstream Partners's dividend yield is 9.3%.