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Western Midstream Partners (WES) Competitors

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$48.42 -0.23 (-0.47%)
As of 08/21/2026 03:58 PM Eastern

WES vs. PAA, EPD, ET, HESM, and MPLX

Should you buy Western Midstream Partners stock or one of its competitors? Western Midstream Partners's main competitors and comparable companies include Plains All American Pipeline (PAA), Enterprise Products Partners (EPD), Energy Transfer (ET), Hess Midstream Partners (HESM), and Mplx (MPLX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas storage & transportation" industry.

How does Western Midstream Partners compare to Plains All American Pipeline?

Plains All American Pipeline (NASDAQ:PAA) and Western Midstream Partners (NYSE:WES) are both large-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment and risk.

41.8% of Plains All American Pipeline shares are owned by institutional investors. Comparatively, 84.8% of Western Midstream Partners shares are owned by institutional investors. 1.1% of Plains All American Pipeline shares are owned by company insiders. Comparatively, 0.0% of Western Midstream Partners shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Plains All American Pipeline presently has a consensus target price of $23.54, suggesting a potential downside of 4.35%. Western Midstream Partners has a consensus target price of $47.50, suggesting a potential downside of 1.90%. Given Western Midstream Partners' stronger consensus rating and higher possible upside, analysts plainly believe Western Midstream Partners is more favorable than Plains All American Pipeline.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Plains All American Pipeline
2 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.41
Western Midstream Partners
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.60

Western Midstream Partners has a net margin of 29.44% compared to Plains All American Pipeline's net margin of 5.29%. Western Midstream Partners' return on equity of 33.13% beat Plains All American Pipeline's return on equity.

Company Net Margins Return on Equity Return on Assets
Plains All American Pipeline5.29% 12.13% 4.59%
Western Midstream Partners 29.44%33.13%8.74%

Plains All American Pipeline has higher revenue and earnings than Western Midstream Partners. Plains All American Pipeline is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Plains All American Pipeline$44.26B0.39$1.44B$3.616.82
Western Midstream Partners$3.84B5.21$1.18B$3.1815.23

Plains All American Pipeline pays an annual dividend of $1.67 per share and has a dividend yield of 6.8%. Western Midstream Partners pays an annual dividend of $3.72 per share and has a dividend yield of 7.7%. Plains All American Pipeline pays out 46.3% of its earnings in the form of a dividend. Western Midstream Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Plains All American Pipeline has raised its dividend for 5 consecutive years and Western Midstream Partners has raised its dividend for 5 consecutive years.

In the previous week, Western Midstream Partners had 9 more articles in the media than Plains All American Pipeline. MarketBeat recorded 14 mentions for Western Midstream Partners and 5 mentions for Plains All American Pipeline. Plains All American Pipeline's average media sentiment score of 0.91 beat Western Midstream Partners' score of 0.79 indicating that Plains All American Pipeline is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Plains All American Pipeline
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Midstream Partners
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Plains All American Pipeline has a beta of 0.5, indicating that its stock price is 50% less volatile than the broader market. Comparatively, Western Midstream Partners has a beta of 0.68, indicating that its stock price is 32% less volatile than the broader market.

Summary

Western Midstream Partners beats Plains All American Pipeline on 12 of the 19 factors compared between the two stocks.

How does Western Midstream Partners compare to Enterprise Products Partners?

Western Midstream Partners (NYSE:WES) and Enterprise Products Partners (NYSE:EPD) are both large-cap energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, media sentiment, profitability, risk and earnings.

Western Midstream Partners pays an annual dividend of $3.72 per share and has a dividend yield of 7.7%. Enterprise Products Partners pays an annual dividend of $2.24 per share and has a dividend yield of 5.9%. Western Midstream Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enterprise Products Partners pays out 77.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Western Midstream Partners has raised its dividend for 5 consecutive years and Enterprise Products Partners has raised its dividend for 28 consecutive years.

84.8% of Western Midstream Partners shares are owned by institutional investors. Comparatively, 26.1% of Enterprise Products Partners shares are owned by institutional investors. 0.0% of Western Midstream Partners shares are owned by insiders. Comparatively, 32.6% of Enterprise Products Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Enterprise Products Partners has higher revenue and earnings than Western Midstream Partners. Enterprise Products Partners is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Midstream Partners$3.84B5.21$1.18B$3.1815.23
Enterprise Products Partners$52.60B1.57$5.81B$2.8813.24

In the previous week, Enterprise Products Partners had 28 more articles in the media than Western Midstream Partners. MarketBeat recorded 42 mentions for Enterprise Products Partners and 14 mentions for Western Midstream Partners. Enterprise Products Partners' average media sentiment score of 1.18 beat Western Midstream Partners' score of 0.79 indicating that Enterprise Products Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Midstream Partners
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enterprise Products Partners
28 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Western Midstream Partners has a beta of 0.68, indicating that its share price is 32% less volatile than the broader market. Comparatively, Enterprise Products Partners has a beta of 0.49, indicating that its share price is 51% less volatile than the broader market.

Western Midstream Partners has a net margin of 29.44% compared to Enterprise Products Partners' net margin of 10.79%. Western Midstream Partners' return on equity of 33.13% beat Enterprise Products Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Western Midstream Partners29.44% 33.13% 8.74%
Enterprise Products Partners 10.79%20.67%7.93%

Western Midstream Partners currently has a consensus price target of $47.50, indicating a potential downside of 1.90%. Enterprise Products Partners has a consensus price target of $40.00, indicating a potential upside of 4.93%. Given Enterprise Products Partners' higher possible upside, analysts plainly believe Enterprise Products Partners is more favorable than Western Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Midstream Partners
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.60
Enterprise Products Partners
1 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Western Midstream Partners beats Enterprise Products Partners on 11 of the 20 factors compared between the two stocks.

How does Western Midstream Partners compare to Energy Transfer?

Western Midstream Partners (NYSE:WES) and Energy Transfer (NYSE:ET) are both large-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, media sentiment, valuation, dividends, risk, institutional ownership, analyst recommendations and profitability.

Western Midstream Partners currently has a consensus price target of $47.50, suggesting a potential downside of 1.90%. Energy Transfer has a consensus price target of $24.08, suggesting a potential upside of 13.60%. Given Energy Transfer's stronger consensus rating and higher possible upside, analysts plainly believe Energy Transfer is more favorable than Western Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Midstream Partners
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.60
Energy Transfer
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93

Western Midstream Partners has a beta of 0.68, meaning that its share price is 32% less volatile than the broader market. Comparatively, Energy Transfer has a beta of 0.55, meaning that its share price is 45% less volatile than the broader market.

Energy Transfer has higher revenue and earnings than Western Midstream Partners. Energy Transfer is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Midstream Partners$3.84B5.21$1.18B$3.1815.23
Energy Transfer$85.54B0.85$4.18B$1.4714.42

Western Midstream Partners has a net margin of 29.44% compared to Energy Transfer's net margin of 4.87%. Western Midstream Partners' return on equity of 33.13% beat Energy Transfer's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Midstream Partners29.44% 33.13% 8.74%
Energy Transfer 4.87%11.55%3.69%

Western Midstream Partners pays an annual dividend of $3.72 per share and has a dividend yield of 7.7%. Energy Transfer pays an annual dividend of $1.36 per share and has a dividend yield of 6.4%. Western Midstream Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Energy Transfer pays out 92.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Western Midstream Partners has increased its dividend for 5 consecutive years and Energy Transfer has increased its dividend for 4 consecutive years. Western Midstream Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Energy Transfer had 27 more articles in the media than Western Midstream Partners. MarketBeat recorded 41 mentions for Energy Transfer and 14 mentions for Western Midstream Partners. Energy Transfer's average media sentiment score of 1.25 beat Western Midstream Partners' score of 0.79 indicating that Energy Transfer is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Midstream Partners
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Energy Transfer
19 Very Positive mention(s)
6 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

84.8% of Western Midstream Partners shares are owned by institutional investors. Comparatively, 38.2% of Energy Transfer shares are owned by institutional investors. 0.0% of Western Midstream Partners shares are owned by company insiders. Comparatively, 3.3% of Energy Transfer shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Western Midstream Partners beats Energy Transfer on 11 of the 20 factors compared between the two stocks.

How does Western Midstream Partners compare to Hess Midstream Partners?

Hess Midstream Partners (NYSE:HESM) and Western Midstream Partners (NYSE:WES) are both energy companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, risk, institutional ownership, valuation, earnings and analyst recommendations.

In the previous week, Western Midstream Partners had 8 more articles in the media than Hess Midstream Partners. MarketBeat recorded 14 mentions for Western Midstream Partners and 6 mentions for Hess Midstream Partners. Western Midstream Partners' average media sentiment score of 0.79 beat Hess Midstream Partners' score of 0.71 indicating that Western Midstream Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hess Midstream Partners
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Midstream Partners
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hess Midstream Partners pays an annual dividend of $3.16 per share and has a dividend yield of 8.1%. Western Midstream Partners pays an annual dividend of $3.72 per share and has a dividend yield of 7.7%. Hess Midstream Partners pays out 109.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Western Midstream Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hess Midstream Partners has raised its dividend for 8 consecutive years and Western Midstream Partners has raised its dividend for 5 consecutive years. Hess Midstream Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Western Midstream Partners has higher revenue and earnings than Hess Midstream Partners. Hess Midstream Partners is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hess Midstream Partners$1.62B4.98$352.90M$2.9013.49
Western Midstream Partners$3.84B5.21$1.18B$3.1815.23

Hess Midstream Partners presently has a consensus price target of $37.67, suggesting a potential downside of 3.74%. Western Midstream Partners has a consensus price target of $47.50, suggesting a potential downside of 1.90%. Given Western Midstream Partners' stronger consensus rating and higher probable upside, analysts plainly believe Western Midstream Partners is more favorable than Hess Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hess Midstream Partners
2 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.88
Western Midstream Partners
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.60

99.0% of Hess Midstream Partners shares are owned by institutional investors. Comparatively, 84.8% of Western Midstream Partners shares are owned by institutional investors. 0.0% of Western Midstream Partners shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Hess Midstream Partners has a beta of 0.52, suggesting that its stock price is 48% less volatile than the broader market. Comparatively, Western Midstream Partners has a beta of 0.68, suggesting that its stock price is 32% less volatile than the broader market.

Western Midstream Partners has a net margin of 29.44% compared to Hess Midstream Partners' net margin of 23.23%. Hess Midstream Partners' return on equity of 92.18% beat Western Midstream Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Hess Midstream Partners23.23% 92.18% 8.62%
Western Midstream Partners 29.44%33.13%8.74%

Summary

Western Midstream Partners beats Hess Midstream Partners on 15 of the 20 factors compared between the two stocks.

How does Western Midstream Partners compare to Mplx?

Mplx (NYSE:MPLX) and Western Midstream Partners (NYSE:WES) are both large-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, dividends, institutional ownership, risk, media sentiment, earnings, profitability and analyst recommendations.

24.3% of Mplx shares are owned by institutional investors. Comparatively, 84.8% of Western Midstream Partners shares are owned by institutional investors. 0.0% of Western Midstream Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Mplx has a net margin of 35.75% compared to Western Midstream Partners' net margin of 29.44%. Western Midstream Partners' return on equity of 33.13% beat Mplx's return on equity.

Company Net Margins Return on Equity Return on Assets
Mplx35.75% 32.83% 10.98%
Western Midstream Partners 29.44%33.13%8.74%

In the previous week, Mplx had 6 more articles in the media than Western Midstream Partners. MarketBeat recorded 20 mentions for Mplx and 14 mentions for Western Midstream Partners. Western Midstream Partners' average media sentiment score of 0.79 beat Mplx's score of 0.12 indicating that Western Midstream Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mplx
4 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Western Midstream Partners
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Mplx pays an annual dividend of $4.31 per share and has a dividend yield of 7.4%. Western Midstream Partners pays an annual dividend of $3.72 per share and has a dividend yield of 7.7%. Mplx pays out 92.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Western Midstream Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mplx has increased its dividend for 9 consecutive years and Western Midstream Partners has increased its dividend for 5 consecutive years.

Mplx has a beta of 0.48, indicating that its stock price is 52% less volatile than the broader market. Comparatively, Western Midstream Partners has a beta of 0.68, indicating that its stock price is 32% less volatile than the broader market.

Mplx currently has a consensus target price of $63.20, suggesting a potential upside of 8.26%. Western Midstream Partners has a consensus target price of $47.50, suggesting a potential downside of 1.90%. Given Mplx's stronger consensus rating and higher probable upside, analysts plainly believe Mplx is more favorable than Western Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mplx
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.64
Western Midstream Partners
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.60

Mplx has higher revenue and earnings than Western Midstream Partners. Mplx is trading at a lower price-to-earnings ratio than Western Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mplx$13.00B4.55$4.91B$4.6512.55
Western Midstream Partners$3.84B5.21$1.18B$3.1815.23

Summary

Mplx beats Western Midstream Partners on 11 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WES and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WES vs. The Competition

MetricWestern Midstream PartnersOil, Gas & Consumable Fuels IndustryEnergy SectorNYSE Exchange
Market Cap$19.98B$11.49B$10.03B$24.31B
Dividend Yield7.69%11.41%11.64%3.70%
P/E Ratio15.2317.1920.6230.31
Price / Sales5.21494.37405.5221.00
Price / Cash10.3939.8836.2632.49
Price / Book4.553.213.036.77
Net Income$1.18B$5.27B$4.33B$1.07B
7 Day Performance-1.07%2.69%1.89%-0.65%
1 Month Performance1.09%4.21%3.84%3.38%
1 Year Performance25.75%37.09%38.56%14.90%

Western Midstream Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WES
Western Midstream Partners
3.9442 of 5 stars
$48.42
-0.5%
$47.50
-1.9%
+25.7%$19.98B$3.84B15.231,704
PAA
Plains All American Pipeline
3.3785 of 5 stars
$23.75
-0.6%
$23.46
-1.2%
N/A$16.86B$44.26B6.583,900
EPD
Enterprise Products Partners
4.2385 of 5 stars
$38.61
-0.7%
$39.93
+3.4%
+19.6%$84.00B$52.60B13.418,000
ET
Energy Transfer
4.9722 of 5 stars
$20.95
-0.5%
$23.92
+14.2%
+21.0%$72.48B$85.54B14.2522,311
HESM
Hess Midstream Partners
2.4251 of 5 stars
$39.75
-1.9%
$38.86
-2.2%
-5.5%$8.36B$1.61B13.71200

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This page (NYSE:WES) was last updated on 8/23/2026 by MarketBeat.com Staff.
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