In the latest trading session, Western Midstream (WES) closed at $45.74, marking a +2.51% move from the previous day.
Western Midstream (WES) reached $43.13 at the closing of the latest trading day, reflecting a -1.44% change compared to its last close.
Western Midstream Partners (WES) remains a high-conviction Strong Buy, supported by robust fee-based cash flows and an 8.56% yield. WES delivered record quarterly results with adj. EBITDA of $683.1M and distributable cash flow of $508.9M, driven by high volumes and accretive acquisitions. Recent acquisitions, including Brazos Delaware II and Aris Water, expand WES's Delaware Basin footprint and diversify growth into less cyclical water infrastructure.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 793 | $31,229.72 | $36,065.64 | $4,835.92 | 15.48% |
| JJT John J. Terril TERRIL BROTHERS Inc. | 224,700 | $2.96M | $10.22M | $7.26M | 245.17% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2,410 | $98,724.83 | $109,679.1 | $10,954.27 | 11.1% |
| JW Jamie Wilson CAPITAL ADVISORS Inc./OK | 5,600 | $221,200 | $255,248 | $34,048 | 15.39% |
Daniel Russell Naviter Wealth LLC | 6,400 | $253,092.25 | $291,456 | $38,363.75 | 15.16% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Oscar K. Brown CEO | NYSE Exchange | 958669103 CUSIP |
| US Country | 1,704 Employees | 1 May 2026 Last Dividend | 26 Nov 2014 Last Split | 9 May 2008 IPO Date |
Western Midstream Partners, LP is a premier midstream energy company operating primarily within the United States. Established in 2007 and based in The Woodlands, Texas, the company underwent a rebranding from Western Gas Equity Partners, LP to its current name in February 2019. This rebranding signified not only a change in name but also an affirmation of its commitment to expanding and strengthening its operations across key regions. The company, through its subsidiaries, is engaged in a broad spectrum of activities related to the midstream segment of the energy sector. These include the acquisition, ownership, development, and operation of essential infrastructures necessary for the processing and transportation of natural gas, condensate, natural gas liquids (NGLs), and crude oil. Western Midstream Partners, LP operates significant assets across various strategic locations in the United States, including Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania, with its general partner being Western Midstream Holdings, LLC.
Western Midstream Partners, LP specializes in the first-stage collection and processing of natural gas. This involves gathering natural gas from production sites, compressing it for transportation, treating it to remove impurities, and processing it into marketable forms. This essential service ensures that the natural gas extracted from various fields is ready for transportation and subsequent use or sale.
The company plays a crucial role in the transportation of natural gas, condensate, natural gas liquids (NGLs), and crude oil from production sites to refineries, storage facilities, or direct market outlets. This involves the use of an extensive network of pipelines and other transportation methods tailored to ensure the safe and efficient delivery of these energy resources.
Apart from natural gas, Western Midstream Partners also focuses on the gathering and stabilizing of condensate and natural gas liquids (NGLs). Stabilizing condensate involves the removal of volatile compounds to make it safe for storage and transportation, while gathering NGLs is crucial for separating them into their component gases for further processing or sale.
In the process of oil and gas production, water is often produced as a byproduct. Western Midstream Partners provides services for gathering this produced water and safely disposing of it, adhering to environmental standards and regulations. This is crucial for minimizing the environmental impact of oil and gas production processes.
Beyond its core operations of gathering, processing, and transporting, Western Midstream Partners engages in the buying and selling of natural gas, natural gas liquids (NGLs), and condensate. This trading activity helps in optimizing the value chain of the natural gas and oil production industry by facilitating market access to these commodities.