Western Midstream Partners Net Income
| WES Stock | USD 41.70 0.41 0.99% |
As of the 11th of February 2026, Western Midstream maintains the Mean Deviation of 0.7671, downside deviation of 0.9935, and Market Risk Adjusted Performance of 2.35. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Midstream Partners, as well as the relationship between them. Please check out Western Midstream jensen alpha and semi variance to decide if Western Midstream is priced fairly, providing market reflects its latest price of 41.7 per share. Given that Western Midstream Partners has jensen alpha of 0.1541, we strongly advise you to confirm Western Midstream's prevalent market performance to make sure the company can sustain itself at a future point.
Western Midstream Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 6.3278 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 1.8 B | 1.9 B | |
| Net Income | 1.9 B | 1.9 B | |
| Net Income From Continuing Ops | 1.9 B | 1.9 B | |
| Net Income Per Share | 3.72 | 3.91 | |
| Net Income Per E B T | 0.87 | 0.49 |
Western | Net Income | Build AI portfolio with Western Stock |
The evolution of Net Income for Western Midstream Partners provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Western Midstream compares to historical norms and industry peers.
Latest Western Midstream's Net Income Growth Pattern
Below is the plot of the Net Income of Western Midstream Partners over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Western Midstream financial statement analysis. It represents the amount of money remaining after all of Western Midstream Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Western Midstream's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.61 B | 10 Years Trend |
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Net Income |
| Timeline |
Western Net Income Regression Statistics
| Arithmetic Mean | 665,472,920 | |
| Geometric Mean | 289,449,676 | |
| Coefficient Of Variation | 95.40 | |
| Mean Deviation | 526,800,729 | |
| Median | 376,607,000 | |
| Standard Deviation | 634,855,500 | |
| Sample Variance | 403041.5T | |
| Range | 1.9B | |
| R-Value | 0.94 | |
| Mean Square Error | 51166.5T | |
| R-Squared | 0.88 | |
| Slope | 118,001,817 | |
| Total Sum of Squares | 6448664.1T |
Western Net Income History
Other Fundumenentals of Western Midstream
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Western Midstream Net Income component correlations
Western Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Midstream is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Net Income. Since Western Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Midstream's interrelated accounts and indicators.
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Is there potential for Oil & Gas Storage & Transportation market expansion? Will Western introduce new products? Factors like these will boost the valuation of Western Midstream. Anticipated expansion of Western directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Western Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Dividend Share 3.605 | Earnings Share 3.38 | Revenue Per Share | Quarterly Revenue Growth 0.078 |
Investors evaluate Western Midstream using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Western Midstream's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Western Midstream's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Western Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Western Midstream's market price signifies the transaction level at which participants voluntarily complete trades.
Western Midstream 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Western Midstream's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Western Midstream.
| 11/13/2025 |
| 02/11/2026 |
If you would invest 0.00 in Western Midstream on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding Western Midstream Partners or generate 0.0% return on investment in Western Midstream over 90 days. Western Midstream is related to or competes with Viper Energy, YPF Sociedad, Plains All, DT Midstream, Hess Midstream, Antero Midstream, and Coterra Energy. Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, an... More
Western Midstream Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Western Midstream's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Western Midstream Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9935 | |||
| Information Ratio | 0.0758 | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.94 |
Western Midstream Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Midstream's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Midstream's standard deviation. In reality, there are many statistical measures that can use Western Midstream historical prices to predict the future Western Midstream's volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.0548 | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | 2.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Midstream's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Western Midstream February 11, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1358 | |||
| Market Risk Adjusted Performance | 2.35 | |||
| Mean Deviation | 0.7671 | |||
| Semi Deviation | 0.7775 | |||
| Downside Deviation | 0.9935 | |||
| Coefficient Of Variation | 598.83 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.03 | |||
| Information Ratio | 0.0758 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.0548 | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | 2.34 | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.94 | |||
| Downside Variance | 0.987 | |||
| Semi Variance | 0.6045 | |||
| Expected Short fall | (0.87) | |||
| Skewness | 0.0244 | |||
| Kurtosis | 0.2139 |
Western Midstream Backtested Returns
Currently, Western Midstream Partners is very steady. Western Midstream shows Sharpe Ratio of 0.17, which attests that the company had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Western Midstream, which you can use to evaluate the volatility of the company. Please check out Western Midstream's Mean Deviation of 0.7671, downside deviation of 0.9935, and Market Risk Adjusted Performance of 2.35 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Western Midstream has a performance score of 13 on a scale of 0 to 100. The firm maintains a market beta of 0.0682, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Midstream's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Midstream is expected to be smaller as well. Western Midstream right now maintains a risk of 1.0%. Please check out Western Midstream sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Western Midstream will be following its historical returns.
Auto-correlation | 0.35 |
Below average predictability
Western Midstream Partners has below average predictability. Overlapping area represents the amount of predictability between Western Midstream time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Western Midstream price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Western Midstream price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.86 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Western Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Western Midstream Partners reported net income of 1.61 B. This is 29.0% lower than that of the Oil, Gas & Consumable Fuels sector and 139.29% higher than that of the Energy industry. The net income for all United States stocks is 182.48% lower than that of the firm.
Western Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Midstream's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Midstream could also be used in its relative valuation, which is a method of valuing Western Midstream by comparing valuation metrics of similar companies.Western Midstream is currently under evaluation in net income category among its peers.
Western Midstream ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Western Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Midstream's managers, analysts, and investors.Environmental | Governance | Social |
Western Midstream Institutional Holders
Institutional Holdings refers to the ownership stake in Western Midstream that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Western Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Western Midstream's value.| Shares | Eagle Global Advisors, Llc | 2025-06-30 | 1.9 M | Jpmorgan Chase & Co | 2025-06-30 | 1.9 M | Westwood Holdings Group Inc | 2025-06-30 | 1.8 M | Infrastructure Capital Advisors, Llc | 2025-06-30 | 1.5 M | Miller Howard Investments Inc | 2025-06-30 | 1.5 M | Fractal Investments Llc | 2025-06-30 | 1.5 M | Bank Of America Corp | 2025-06-30 | 1.4 M | Recurrent Investment Advisors, Llc | 2025-06-30 | 1.4 M | Swank Energy Income Advisors, Lp | 2025-06-30 | 1.2 M | Alps Advisors Inc | 2025-06-30 | 34.7 M | Amvescap Plc. | 2025-06-30 | 24.2 M |
Western Fundamentals
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.0823 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 23.67 B | ||||
| Shares Outstanding | 408 M | ||||
| Shares Owned By Insiders | 36.33 % | ||||
| Shares Owned By Institutions | 36.37 % | ||||
| Number Of Shares Shorted | 5.42 M | ||||
| Price To Earning | 10.32 X | ||||
| Price To Book | 5.29 X | ||||
| Price To Sales | 4.50 X | ||||
| Revenue | 3.61 B | ||||
| Gross Profit | 2.67 B | ||||
| EBITDA | 2.64 B | ||||
| Net Income | 1.61 B | ||||
| Cash And Equivalents | 1.09 B | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 8.14 B | ||||
| Debt To Equity | 2.34 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 8.32 X | ||||
| Cash Flow From Operations | 2.11 B | ||||
| Short Ratio | 5.25 X | ||||
| Earnings Per Share | 3.38 X | ||||
| Price To Earnings To Growth | 5.48 X | ||||
| Target Price | 41.75 | ||||
| Number Of Employees | 1.51 K | ||||
| Beta | 0.73 | ||||
| Market Capitalization | 16.85 B | ||||
| Total Asset | 13.14 B | ||||
| Retained Earnings | 1.22 B | ||||
| Working Capital | 155.5 M | ||||
| Current Asset | 299.22 M | ||||
| Current Liabilities | 235.49 M | ||||
| Annual Yield | 0.09 % | ||||
| Five Year Return | 10.44 % | ||||
| Net Asset | 13.14 B | ||||
| Last Dividend Paid | 3.61 |
About Western Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Western Stock Analysis
When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.