profit from every $100 of sales.
$0$100
Western Midstream Partners, LP
$41.32+0.44% today
+4.2% in 1 year
1-year low $38.591-year high $49.80
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $14.46 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Western Midstream Partners, LP sold, what it kept, and what it did with the cash.
Sales went from $3.25 billion in 2022 to $3.84 billion in 2025, with $1.18 billion of profit last year.
SalesProfit
Western Midstream Partners, LP handed back 96% of the cash it generated last year.
$1.4B
Free cash flow 2025$1.5B
Bought back its own shares$0
Paid as dividends$1.4B
Cash vs. debt$819M vs. $8.7B
Western Midstream Partners, LP vs. similar companies
Western Midstream Partners, LP grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Western Midstream Partners, LP | 14.5× · Cheap | ||
 Enbridge | 20.3× · Fair price | ||
 The Williams Companies | 32.9× · Expensive | ||
 Enterprise Products Partners L.P. | 13.8× · Cheap | ||
 Kinder Morgan | 23.0× · Fair price |
AI analysis
An AI analyst reads Western Midstream Partners, LP's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,773 | 2,877 | 3,252 | 3,106 | 3,605 | 3,843 | |
| – | – | 2,248 | 2,341 | 2,783 | 2,926 | |
| 879 | 1,336 | 1,321 | 1,290 | 1,568 | 1,541 | |
| 1,394 | 1,862 | 2,160 | 2,001 | 2,645 | 2,318 | |
| 527 | 916 | 1,217 | 1,022 | 1,574 | 1,181 | |
| – | – | 3.00 | 2.60 | 4.02 | 2.98 | |
| – | – | 69.1% | 75.4% | 77.2% | 76.1% | |
| 31.7% | 46.4% | 40.6% | 41.5% | 43.5% | 40.1% | |
| 19.0% | 31.8% | 37.4% | 32.9% | 43.6% | 30.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 11,830 | 11,273 | 11,272 | 12,472 | 13,145 | 14,998 |
| Cash | 445 | 202 | 287 | 273 | 1,090 | 819 |
| Total debt | 7,855 | 6,907 | 6,785 | 7,913 | 7,997 | 8,709 |
| Total liabilities | 8,935 | 8,177 | 8,164 | 9,442 | 9,770 | 10,835 |
| – | – | 0 | 0 | 0 | 0 | |
| – | – | 396 | 384 | 382 | 388 | |
| – | – | 18.4% | 14.0% | 19.7% | 14.6% | |
| – | – | – | – | – | – |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,637 | 1,767 | 1,694 | 1,661 | 2,137 | 2,223 | |
| 424 | 314 | 487 | 735 | 834 | 728 | |
| 1,214 | 1,453 | 1,207 | 926 | 1,303 | 1,495 | |
| Dividends paid | 696 | 534 | 1,245 | 978 | 1,246 | 1,431 |
| 33 | 217 | 488 | 135 | 0 | 0 | |
| 22 | 28 | 27 | 32 | 38 | 51 |
Valuation
- 14.5×
- 13.0×
- –
- 5.5×
- 4.4×
- 11.4×
- 10.8×
- 8.8%
- 6.9%
- 8.0%
Profitability
- 76.1%
- 40.1%
- 30.7%
- 58.8%
- 11.5%
- 10.8%
- 35.0%
- 8.1%
- 12.1%
- –
Growth
- +6.7%
- –
- +14.9%
- +18.3%
- −0.7%
Financial health
- 3.4×
- 2.59
- 58.3%
- 8.9×
- 1.09
- 1.08
- 0.27
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 26%of 467
Top 9%of 466
Top 39%of 386
Top 36%of 460
Top 28%of 459
What analysts expect
- Average price target
- $41.00
- Range
- $39.00 – $42.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.85 | 0.74 | +14.9% |
| Feb 18, 2026 | 0.47 | 0.85 | −44.4% |
| Nov 4, 2025 | 0.87 | 0.88 | −1.1% |
| Aug 6, 2025 | 0.87 | 0.83 | +4.9% |
| May 7, 2025 | 0.79 | 0.83 | −5.2% |
| Feb 26, 2025 | 0.85 | 0.85 | +0.1% |
| Nov 6, 2024 | 0.74 | 0.83 | −10.8% |
| Aug 7, 2024 | 0.97 | 0.88 | +10.2% |
8.0%of the share price, paid each year
On $1,000 invested$80a year at today's yield, before tax
+18.3%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$1.40 in 2015 → $3.61 in 2025
How safe it looks
121.2% of its profit
Room to growStretchedMore than it earns: 95.7%
News
Western Union purchase of Intermex gets conditional California approvalSeeking Alpha · Nov 11, 2026Western Forest Products reports Q3 resultsSeeking Alpha · Nov 6, 2026What Did Western Digital's Latest Quarter Change For Its Stock?Yahoo Finance · Oct 28, 2026Western Digital, Allegro MicroSystems, Amtech, and Teradyne shares skyrocket, what you need to knowYahoo Finance · Oct 27, 2026Western New England GAAP EPS of $0.32 beats by $0.06, revenue of $23.9M beats by $2.84MSeeking Alpha · Oct 27, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
69Pass
Benjamin Graham
49No pass
Philip Fisher
70Pass
Peter Lynch
50No pass
Joel Greenblatt
44No pass
Charlie Munger
66Pass
Terry Smith
68Pass
Questions about Western Midstream Partners, LP
Is Western Midstream Partners, LP a good stock to buy?
A business with weak numbers, and the price looks low. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Western Midstream Partners, LP AI analysis
What does Western Midstream Partners, LP do?
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is in Oil & Gas Midstream, based in The Woodlands, TX, United States, with 1,704 employees.
Does Western Midstream Partners, LP pay a dividend?
Yes. At today's price the dividend is 8.0% a year, about 121% of its yearly profit. In 2025 it paid out $1.43 billion in dividends.
Is Western Midstream Partners, LP stock halal?
No. Western Midstream Partners, LP does not pass our halal screen: its debt is 51% of its market value, at or above the 33% limit. How we check
How has Western Midstream Partners, LP stock done over the past year?
Up 4.2% over the past twelve months, to $41.32. It traded between $38.59 and $49.80 and is 17.0% below its high.
Who are Western Midstream Partners, LP's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with Western Midstream Partners, LP's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.