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Upturn AI SWOT - About
WES 
Western Midstream Partners LP (WES)
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Upturn Advisory Summary
10/23/2025: WES (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
13 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $40.5
1 Year Target Price $40.5
| 2 | Strong Buy |
| 1 | Buy |
| 8 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 30.03% | Avg. Invested days 71 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/23/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 15.65B USD | Price to earnings Ratio 11.8 | 1Y Target Price 40.5 |
Price to earnings Ratio 11.8 | 1Y Target Price 40.5 | ||
Volume (30-day avg) 13 | Beta 1.12 | 52 Weeks Range 32.05 - 40.68 | Updated Date 10/23/2025 |
52 Weeks Range 32.05 - 40.68 | Updated Date 10/23/2025 | ||
Dividends yield (FY) 9.49% | Basic EPS (TTM) 3.25 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 33.86% | Operating Margin (TTM) 44.46% |
Management Effectiveness
Return on Assets (TTM) 8.16% | Return on Equity (TTM) 38.62% |
Valuation
Trailing PE 11.8 | Forward PE 10.22 | Enterprise Value 21706516579 | Price to Sales(TTM) 4.26 |
Enterprise Value 21706516579 | Price to Sales(TTM) 4.26 | ||
Enterprise Value to Revenue 5.91 | Enterprise Value to EBITDA 9.16 | Shares Outstanding 407930881 | Shares Floating 214333368 |
Shares Outstanding 407930881 | Shares Floating 214333368 | ||
Percent Insiders 0.3 | Percent Institutions 75.61 |
Upturn AI SWOT
Western Midstream Partners LP
Company Overview
History and Background
Western Midstream Partners LP (WES) was formed in 2007 by Anadarko Petroleum Corporation (now part of Occidental Petroleum). It focuses on gathering, processing, treating, and transporting natural gas, condensate, natural gas liquids (NGLs), and crude oil.
Core Business Areas
- Gathering: Collects natural gas, crude oil, condensate, and NGLs from wellheads through an extensive network of pipelines and gathering systems.
- Processing: Removes impurities and separates natural gas into its various components, such as methane, ethane, propane, butane, and natural gasoline.
- Treating: Removes contaminants like carbon dioxide and hydrogen sulfide from natural gas.
- Transportation: Transports natural gas, NGLs, and crude oil through pipelines to downstream markets and processing facilities.
Leadership and Structure
Michael Ure is the President and CEO. The company operates as a master limited partnership (MLP).
Top Products and Market Share
Key Offerings
- Natural Gas Gathering: Collection of natural gas from production sites. Competitors include Kinder Morgan, Energy Transfer, and MPLX. Market share data is difficult to pinpoint exactly but WES is a major player in its operating regions (primarily the Rocky Mountains and Texas). Revenue is bundled within the Gathering segment results.
- Natural Gas Processing: Separation of natural gas into its components. Competitors include Kinder Morgan, Energy Transfer, and MPLX. Market share data is difficult to pinpoint exactly but WES is a major player in its operating regions (primarily the Rocky Mountains and Texas). Revenue is bundled within the Processing segment results.
Market Dynamics
Industry Overview
The midstream oil and gas industry is driven by the production and demand for fossil fuels. Factors include regulatory changes, infrastructure development, and commodity prices.
Positioning
Western Midstream Partners LP is a major midstream service provider in the Rocky Mountain region and Texas, known for its gathering and processing capabilities. Their advantage is in the strategic locations of their assets and operational efficiency.
Total Addressable Market (TAM)
The global oil and gas midstream market is estimated to be in the hundreds of billions of dollars. Western Midstream Partners LP captures a portion of this TAM, primarily focused on natural gas and related products.
Upturn SWOT Analysis
Strengths
- Strategic asset locations
- Operational expertise
- Strong customer relationships
- Experienced management team
Weaknesses
- Exposure to commodity price fluctuations
- Dependence on producer activity
- Regulatory risks
- Complexity of MLP structure
Opportunities
- Expansion of infrastructure
- Acquisitions and partnerships
- Increasing demand for natural gas
- Growth in renewable energy infrastructure
Threats
- Declining oil and gas production
- Increased competition
- Environmental regulations
- Economic downturns
Competitors and Market Share
Key Competitors
- KMI
- ET
- MPLX
- ENLC
Competitive Landscape
Western Midstream Partners LP faces competition from larger, more diversified midstream companies. Their advantage lies in their regional focus and strong relationships with producers.
Major Acquisitions
Merit Energy Company
- Year: 2020
- Acquisition Price (USD millions): 305
- Strategic Rationale: Expanded gathering and processing capabilities in the Powder River Basin.
Growth Trajectory and Initiatives
Historical Growth: Growth trends over the past years. Requires real-time data.
Future Projections: Projections for future growth based on analyst estimates. Requires real-time data.
Recent Initiatives: Recent strategic initiatives. Requires real-time data.
Summary
Western Midstream Partners LP is a key player in the midstream sector, particularly in natural gas gathering and processing. They have a strong regional presence and experienced management. However, they face challenges from commodity price volatility and regulatory uncertainty. Future growth depends on expanding infrastructure and strategic acquisitions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Industry Reports
- Analyst Research
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Data may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Western Midstream Partners LP
Exchange NYSE | Headquaters The Woodlands, TX, United States | ||
IPO Launch date 2008-05-09 | President, CEO & Director - Western Midstream Holdings LLC Mr. Oscar K. Brown | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 1511 | Website https://www.westernmidstream.com |
Full time employees 1511 | Website https://www.westernmidstream.com | ||
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling and recycling solutions to oil and natural gas operators in the United States. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
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