Q3 Earnings Forecast for WES Issued By Capital One Financial

Key Points

• Capital One Financial has raised its Q3 2025 earnings per share estimate for Western Midstream Partners from $0.83 to $0.87, alongside forecasts for Q4 2025 earnings at $0.86 EPS and FY2025 earnings at $3.39 EPS.
• Mizuho downgraded its price target for Western Midstream Partners from $45.00 to $44.00 while maintaining an "outperform" rating, amidst mixed analyst ratings that include sell, hold, and buy positions.
• The company recently declared a quarterly dividend of $0.91, yielding 9.4% annually, with a high dividend payout ratio of 112.00%.

Western Midstream Partners, LP (NYSE:WES - Free Report) - Research analysts at Capital One Financial raised their Q3 2025 EPS estimates for Western Midstream Partners in a report released on Thursday, August 14th. Capital One Financial analyst W. Suki now expects that the pipeline company will post earnings per share of $0.87 for the quarter, up from their previous forecast of $0.83. The consensus estimate for Western Midstream Partners' current full-year earnings is $4.02 per share. Capital One Financial also issued estimates for Western Midstream Partners' Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $3.39 EPS and FY2026 earnings at $3.68 EPS.

Separately, Mizuho cut their price objective on shares of Western Midstream Partners from $45.00 to $44.00 and set an "outperform" rating on the stock in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Reduce" and an average price target of $39.80.

Western Midstream Partners Stock Up 0.6%

WES stock traded up $0.2290 during midday trading on Monday, reaching $38.2790. 556,316 shares of the company were exchanged, compared to its average volume of 1,184,841. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.30 and a current ratio of 1.30. Western Midstream Partners has a 1-year low of $33.60 and a 1-year high of $43.33. The stock's 50-day simple moving average is $39.15 and its 200 day simple moving average is $39.08. The company has a market cap of $14.60 billion, a price-to-earnings ratio of 11.78 and a beta of 1.13.

Western Midstream Partners (NYSE:WES - Get Free Report) last issued its earnings results on Wednesday, August 6th. The pipeline company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.05. The firm had revenue of $942.32 million for the quarter, compared to analysts' expectations of $954.17 million. Western Midstream Partners had a net margin of 34.45% and a return on equity of 37.70%. The firm's revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 earnings per share.

Western Midstream Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 1st were given a dividend of $0.91 per share. The ex-dividend date was Friday, August 1st. This represents a $3.64 dividend on an annualized basis and a dividend yield of 9.5%. Western Midstream Partners's dividend payout ratio (DPR) is 112.00%.

Hedge Funds Weigh In On Western Midstream Partners

A number of hedge funds have recently modified their holdings of WES. Envestnet Asset Management Inc. grew its position in shares of Western Midstream Partners by 7.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 142,877 shares of the pipeline company's stock worth $5,491,000 after acquiring an additional 10,343 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Western Midstream Partners in the 4th quarter valued at $19,079,000. Rockefeller Capital Management L.P. grew its position in Western Midstream Partners by 5.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 40,912 shares of the pipeline company's stock valued at $1,572,000 after buying an additional 2,084 shares during the last quarter. Mariner LLC grew its position in Western Midstream Partners by 3.5% in the 4th quarter. Mariner LLC now owns 98,488 shares of the pipeline company's stock valued at $3,785,000 after buying an additional 3,375 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in Western Midstream Partners in the 4th quarter valued at $527,000. 84.82% of the stock is currently owned by hedge funds and other institutional investors.

About Western Midstream Partners

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water.