Western Midstream Partners (NYSE: WES) has recently received a number of price target changes and ratings updates:
- 8/24/2026 – Western Midstream Partners had its price target raised by Royal Bank Of Canada from $41.00 to $47.00. They now have a “sector perform” rating on the stock.
- 8/18/2026 – Western Midstream Partners had its price target raised by Morgan Stanley from $51.00 to $55.00. They now have an “equal weight” rating on the stock.
- 8/13/2026 – Western Midstream Partners was upgraded by Zacks Research from “hold” to “strong-buy”.
- 8/11/2026 – Western Midstream Partners had its price target raised by Citigroup Inc. from $42.00 to $45.00. They now have a “neutral” rating on the stock.
- 8/10/2026 – Western Midstream Partners had its price target raised by Wells Fargo & Company from $43.00 to $46.00. They now have an “equal weight” rating on the stock.
- 8/8/2026 – Western Midstream Partners was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/21/2026 – Western Midstream Partners had its “sector perform” rating reaffirmed by Royal Bank Of Canada.
- 7/14/2026 – Western Midstream Partners had its price target raised by JPMorgan Chase & Co. from $46.00 to $47.00. They now have a “neutral” rating on the stock.
- 7/14/2026 – Western Midstream Partners had its price target raised by Mizuho from $48.00 to $51.00. They now have an “outperform” rating on the stock.
- 7/12/2026 – Western Midstream Partners was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/10/2026 – Western Midstream Partners had its price target raised by UBS Group AG from $45.00 to $48.00. They now have a “neutral” rating on the stock.
- 7/4/2026 – Western Midstream Partners was downgraded by Wall Street Zen from “buy” to “hold”.
Western Midstream Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a dividend of $0.93 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $3.72 annualized dividend and a dividend yield of 7.6%. Western Midstream Partners’s dividend payout ratio (DPR) is presently 116.98%.
Insider Activity
In other news, Director Frederick A. Forthuber purchased 5,140 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were purchased at an average price of $48.62 per share, for a total transaction of $249,906.80. Following the purchase, the director directly owned 5,140 shares of the company’s stock, valued at $249,906.80. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.04% of the stock is currently owned by company insiders.
Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.
The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.
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