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ISIN
US9586691035
CUSIP
958669103
Sector
Energy
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


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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.


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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.96%2.56%-1.01%5.61%0.75%0.26%13.68%
20257.08%0.76%0.94%-8.20%1.96%3.48%5.25%-1.53%0.20%-2.32%4.96%0.43%12.77%
20240.11%16.43%6.28%-1.69%9.44%6.46%3.00%-3.66%-0.83%-1.39%10.46%-5.60%43.58%
20232.49%-3.74%1.38%3.64%-4.65%5.07%8.78%-5.59%2.02%0.66%11.14%-1.88%19.46%
20228.52%9.23%-3.15%-2.12%14.30%-12.08%12.24%4.93%-10.49%16.14%-2.54%-4.04%29.29%
20218.81%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
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.


WES Risk / Return Rank: 7373
Overall Rank
WES Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
WES Sortino Ratio Rank: 6767
Sortino Ratio Rank
WES Omega Ratio Rank: 6767
Omega Ratio Rank
WES Calmar Ratio Rank: 7979
Calmar Ratio Rank
WES Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


WESBenchmarkDifference
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.


4.00%6.00%8.00%10.00%12.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


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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 10mo3y 11mo
8y 9moMay 2015 - Feb 2024
2015 correction2015
-18.52%Jan 2015
1mo 24d3mo 16d
5mo 10dNov 2014 - Apr 2015
2025 selloff2025
-16.65%Apr 2025
2mo 16d3mo 22d
6mo 8dJan 2025 - Jul 2025
2013 correction2013
-16.42%Oct 2013
2mo 25d1mo 17d
4mo 12dJul 2013 - Nov 2013
2014 correction2014
-15.72%Oct 2014
3mo 15d15d
4moJul 2014 - Oct 2014

Drawdown Indicators


WESBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-9.19%

-1.80%

-7.39%

Average Drawdown

Average peak-to-trough decline

-28.46%

-10.71%

-17.75%

Ulcer Index

Depth 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.


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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.


Annual
Quarterly

0.0

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

Values in undefined except per share items
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