Western Midstream Partners (WES) to Post Earnings on Wednesday

Western Midstream Partners (NYSE:WES) is expected to be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.9070 per share and revenue of $1.1279 billion for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Western Midstream Partners (NYSE:WES) last posted its quarterly earnings results on Wednesday, May 6th. The pipeline company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.01 billion. Western Midstream Partners had a return on equity of 33.89% and a net margin of 29.98%.The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period last year, the company earned $0.79 earnings per share. On average, analysts expect Western Midstream Partners to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Western Midstream Partners Stock Up 0.0%

WES stock opened at $46.58 on Monday. The stock has a 50-day simple moving average of $44.74 and a two-hundred day simple moving average of $42.93. Western Midstream Partners has a twelve month low of $36.90 and a twelve month high of $48.63. The firm has a market capitalization of $19.25 billion, a PE ratio of 15.22, a PEG ratio of 1.93 and a beta of 0.68. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.34.

Western Midstream Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a dividend of $0.93 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $3.72 annualized dividend and a yield of 8.0%. Western Midstream Partners’s payout ratio is currently 121.57%.

Analyst Ratings Changes

Several research firms have issued reports on WES. Stifel Nicolaus set a $46.00 target price on shares of Western Midstream Partners and gave the stock a “buy” rating in a research note on Thursday, May 7th. Royal Bank Of Canada restated a “sector perform” rating on shares of Western Midstream Partners in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lifted their price objective on Western Midstream Partners from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Morgan Stanley upgraded 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. Finally, US Capital Advisors upgraded Western Midstream Partners from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Western Midstream Partners currently has an average rating of “Hold” and an average target price of $46.25.

Key Stories Impacting Western Midstream Partners

Here are the key news stories impacting Western Midstream Partners this week:

• Positive Sentiment: US Capital Advisors raised multiple earnings forecasts and maintained a “Strong-Buy” rating. The firm increased its FY2026 EPS estimate to $3.56 from $3.47, FY2027 to $3.76 from $3.71, and FY2028 to $4.08 from $4.02. It also lifted estimates for several 2026–2027 quarters, including Q2 2026 EPS to $0.90 from $0.87. The revisions indicate improving expectations for WES’s operating performance and cash-generation potential. Western Midstream Partners analyst estimates
• Positive Sentiment: Recent earnings momentum remains favorable. Western Midstream previously reported quarterly EPS of $0.85 versus the $0.74 consensus estimate, while revenue increased 22.5% year over year to $1.12 billion. That performance provides support for the higher forward estimates. Western Midstream Partners earnings results
• Positive Sentiment: Dividend and distribution characteristics remain relevant for income-focused investors. A new analysis reviews WES’s dividend profile, potentially reinforcing the stock’s appeal as a cash-yielding midstream partnership, although it does not represent a new distribution announcement. Western Midstream Partners LP’s Dividend Analysis
• Neutral Sentiment: WES recently advanced but lagged the broader market, suggesting the move reflected general market or energy-sector strength rather than a company-specific catalyst. Why Western Midstream gained but lagged the market
• Negative Sentiment: A shelf registration filing may create a valuation overhang. The filing does not necessarily mean securities will be issued immediately, but the possibility of future capital raising or dilution can make investors more cautious, particularly while WES trades near its annual high. Western Midstream Partners shelf filing and valuation

Institutional Trading of Western Midstream Partners

A number of hedge funds have recently made changes to their positions in WES. Captrust Financial Advisors boosted its holdings in shares of Western Midstream Partners by 0.6% in the 4th quarter. Captrust Financial Advisors now owns 45,995 shares of the pipeline company’s stock worth $1,817,000 after purchasing an additional 287 shares in the last quarter. Blair William & Co. IL grew its position in Western Midstream Partners by 3.6% during the fourth quarter. Blair William & Co. IL now owns 9,590 shares of the pipeline company’s stock valued at $379,000 after acquiring an additional 330 shares during the last quarter. Advisory Services Network LLC grew its position in Western Midstream Partners by 5.4% during the third quarter. Advisory Services Network LLC now owns 9,020 shares of the pipeline company’s stock valued at $354,000 after acquiring an additional 462 shares during the last quarter. American Financial Group Inc. grew its position in Western Midstream Partners by 2.0% during the fourth quarter. American Financial Group Inc. now owns 25,500 shares of the pipeline company’s stock valued at $1,007,000 after acquiring an additional 500 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Western Midstream Partners by 6.4% during the second quarter. Geode Capital Management LLC now owns 8,525 shares of the pipeline company’s stock worth $330,000 after acquiring an additional 512 shares in the last quarter. 84.82% of the stock is owned by institutional investors.

About Western Midstream Partners

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.