- ISIN
- US9586691035
- CUSIP
- 958669103
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- IPO Date
- May 9, 2008
Highlights
- Market Cap
- $17.22B
- Enterprise Value
- $17.46B
- EPS (TTM)
- $3.09
- PE Ratio
- 13.92
- PEG Ratio
- 1.03
- Total Revenue (TTM)
- $4.05B
- Gross Profit (TTM)
- $2.79B
- EBITDA (TTM)
- $2.16B
- Year Range
- $36.90 - $48.01
- Target Price
- $41.00
- ROA (TTM)
- 8.11%
- ROE (TTM)
- 34.53%
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
WES Performance Chart
Western Midstream Partners, LP (WES) is up 13.7% since the beginning of the year. At $43 per share, WES is trading 10.5% below its 52-week high of $48. Investors who bought $1,000 worth of WES shares 5 years ago would now be looking at an investment worth $2,988.
Loading charts...
Returns By Period
Western Midstream Partners, LP (WES) has returned 13.68% so far this year and 22.03% over the past 12 months. Over the last ten years, WES has returned 10.09% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Western Midstream Partners, LP
- 1D
- 0.05%
- 1M
- -6.59%
- YTD
- 13.68%
- 6M
- 13.57%
- 1Y
- 22.03%
- 3Y*
- 28.58%
- 5Y*
- 24.47%
- 10Y*
- 10.09%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
WES Monthly Returns History
Based on dividend-adjusted daily data since Dec 10, 2012, WES's average daily return is +0.08%, while the average monthly return is +2.09%. At this rate, an investment would double in approximately 2.8 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +177.8%, while the worst month was Mar 2020 at -75.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, WES closed higher 51% of trading days. The best single day was Mar 10, 2020 with a return of +38.8%, while the worst single day was Mar 9, 2020 at -54.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.96% | 2.56% | -1.01% | 5.61% | 0.75% | 0.26% | 13.68% | ||||||
| 2025 | 7.08% | 0.76% | 0.94% | -8.20% | 1.96% | 3.48% | 5.25% | -1.53% | 0.20% | -2.32% | 4.96% | 0.43% | 12.77% |
| 2024 | 0.11% | 16.43% | 6.28% | -1.69% | 9.44% | 6.46% | 3.00% | -3.66% | -0.83% | -1.39% | 10.46% | -5.60% | 43.58% |
| 2023 | 2.49% | -3.74% | 1.38% | 3.64% | -4.65% | 5.07% | 8.78% | -5.59% | 2.02% | 0.66% | 11.14% | -1.88% | 19.46% |
| 2022 | 8.52% | 9.23% | -3.15% | -2.12% | 14.30% | -12.08% | 12.24% | 4.93% | -10.49% | 16.14% | -2.54% | -4.04% | 29.29% |
| 2021 | 8.81% | 12.90% | 11.79% | 7.31% | 1.73% | 7.21% | -5.18% | -1.25% | 6.18% | 2.90% | -9.51% | 15.81% | 72.31% |
Benchmark Metrics
Western Midstream Partners, LP has an annualized alpha of 5.91%, beta of 1.09, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since December 10, 2012.
- This stock participated in 150.97% of S&P 500 Index downside but only 138.80% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.17 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.91%
- Beta
- 1.09
- R²
- 0.17
- Upside Capture
- 138.80%
- Downside Capture
- 150.97%
Return for Risk
Risk / Return Rank
WES ranks 73 for risk / return — better than 73% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Western Midstream Partners, LP (WES) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WES | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 2.78 | -0.44 |
| Martin ratioReturn relative to average drawdown | 5.05 | 12.44 | -7.39 |
Dividends
Dividend History
Western Midstream Partners, LP provided a 8.52% dividend yield over the last twelve months, with an annual payout of $3.66 per share. The company has been increasing its dividends for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.66 | $3.61 | $3.20 | $2.49 | $1.83 | $1.27 | $1.56 | $2.45 | $2.30 | $2.02 | $1.71 | $1.40 |
Dividend yield | 8.52% | 9.13% | 8.33% | 8.52% | 6.80% | 5.69% | 11.25% | 12.45% | 8.28% | 5.43% | 4.03% | 3.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Western Midstream Partners, LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.91 | $0.00 | $0.00 | $0.93 | $0.00 | $1.84 | ||||||
| 2025 | $0.00 | $0.88 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.91 | $0.00 | $0.00 | $3.61 |
| 2024 | $0.58 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.88 | $0.00 | $3.20 |
| 2023 | $0.50 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $2.49 |
| 2022 | $0.33 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $1.83 |
| 2021 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $1.27 |
Dividend Yield & Payout
Dividend Yield
Western Midstream Partners, LP has a dividend yield of 8.52%, which means its dividend payment is significantly above the market average.
Payout Ratio
Western Midstream Partners, LP has a payout ratio of 90.02%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Western Midstream Partners, LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Western Midstream Partners, LP was 93.66%, occurring on Apr 2, 2020. Recovery took 981 trading sessions.
The current Western Midstream Partners, LP drawdown is 9.19%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -93.66%Apr 2020 | 4y 10mo | 3y 11mo | 8y 9moMay 2015 - Feb 2024 |
2015 correction2015 | -18.52%Jan 2015 | 1mo 24d | 3mo 16d | 5mo 10dNov 2014 - Apr 2015 |
2025 selloff2025 | -16.65%Apr 2025 | 2mo 16d | 3mo 22d | 6mo 8dJan 2025 - Jul 2025 |
2013 correction2013 | -16.42%Oct 2013 | 2mo 25d | 1mo 17d | 4mo 12dJul 2013 - Nov 2013 |
2014 correction2014 | -15.72%Oct 2014 | 3mo 15d | 15d | 4moJul 2014 - Oct 2014 |
Drawdown Indicators
| WES | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.66% | -56.78% | -36.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -9.10% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -16.65% | -18.90% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -23.54% | -25.43% | +1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -91.90% | -33.92% | -57.98% |
Current DrawdownCurrent decline from peak | -9.19% | -1.80% | -7.39% |
Average DrawdownAverage peak-to-trough decline | -28.46% | -10.71% | -17.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 2.03% | +2.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Western Midstream Partners, LP over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Western Midstream Partners, LP is priced in the market compared to other companies in the Oil & Gas Midstream industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for WES, comparing it with other companies in the Oil & Gas Midstream industry. Currently, WES has a P/E ratio of 13.9. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for WES compared to other companies in the Oil & Gas Midstream industry. WES currently has a PEG ratio of 1.0. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for WES relative to other companies in the Oil & Gas Midstream industry. Currently, WES has a P/S ratio of 4.2. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for WES in comparison with other companies in the Oil & Gas Midstream industry. Currently, WES has a P/B value of 4.9. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
Build a portfolio with WES
Add Western Midstream Partners, LP to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with WES