Western Midstream Partners LP (WES) reported Q4 2025 results showing revenue growth but pressure on profitability and earnings per share. Total revenue came in at $1.03 billion (up 11.09% year-over-year), with gross profit of $960 million (up 7.95%). Operating profit fell to $306 million (-28.23% YoY) and net income attributable to common shareholders declined to $187 million (-42.56% YoY), driving diluted earnings per share of $0.47 (down 44.71%).
Cash flow and capital spending highlighted modest operational cash generation and continued investment in the business.
Balance-sheet items and cost trends to note.
Street expectations and market reaction.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Western Midstream Partners Lp Insider Trading Activity
Western Midstream Partners Lp insiders have traded $WES stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WES stock by insiders over the last 6 months:
- CHRISTOPHER B. DIAL (SVP, GC and Secretary) sold 5,879 shares for an estimated $248,975
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Western Midstream Partners Lp Hedge Fund Activity
We have seen 212 institutional investors add shares of Western Midstream Partners Lp stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 3,994,189 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $156,931,685
- MORGAN STANLEY added 2,696,439 shares (+98.1%) to their portfolio in Q4 2025, for an estimated $106,509,340
- BLACKSTONE INC. added 2,045,094 shares (+22.6%) to their portfolio in Q4 2025, for an estimated $80,781,213
- WESTWOOD HOLDINGS GROUP INC removed 1,805,168 shares (-97.7%) from their portfolio in Q4 2025, for an estimated $71,304,136
- JPMORGAN CHASE & CO added 1,552,401 shares (+106.9%) to their portfolio in Q4 2025, for an estimated $61,319,839
- JANE STREET GROUP, LLC added 1,178,608 shares (+5457.3%) to their portfolio in Q4 2025, for an estimated $46,555,016
- TORTOISE CAPITAL ADVISORS, L.L.C. added 1,163,991 shares (+15.8%) to their portfolio in Q4 2025, for an estimated $45,977,644
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Western Midstream Partners Lp Analyst Ratings
Wall Street analysts have issued reports on $WES in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Mizuho issued a "Outperform" rating on 08/29/2025
- Morgan Stanley issued a "Underweight" rating on 08/26/2025
To track analyst ratings and price targets for Western Midstream Partners Lp, check out Quiver Quantitative's $WES forecast page.
Western Midstream Partners Lp Price Targets
Multiple analysts have issued price targets for $WES recently. We have seen 5 analysts offer price targets for $WES in the last 6 months, with a median target of $39.0.
Here are some recent targets:
- Ned Baramov from Wells Fargo set a target price of $39.0 on 01/22/2026
- Elvira Scotto from RBC Capital set a target price of $42.0 on 11/28/2025
- Spiro Dounis from Citigroup set a target price of $39.0 on 10/20/2025
- Gabriel Moreen from Mizuho set a target price of $46.0 on 08/29/2025
- Robert Kad from Morgan Stanley set a target price of $39.0 on 08/26/2025