Insider buying last 90 days
$250Kin 1 open-market purchase
| Filed | Insider | Type | Value |
|---|---|---|---|
| Aug 12 | Frederick A. Forthuber Director | Purchase | $250K |
From Form 4 filings, dated to when each was filed.
Sep 28 close
Western Midstream draws attention this week after a raft of bullish commentary following its pullback, with several pieces citing an upgrade to Strong Buy and record Q2 results that came with a $250M raise to 2026 EBITDA guidance. Coverage points to an 8% yield and, separately, a 7.8% yield figure, with commentary framing WES as a favored pick among MLP peers on margin and volume growth across core basins. One item also noted a 1.5% daily dip to a $46.58 close alongside a 2.21% one-month decline versus the broader market.
At $45.27, the stock sits between its 50-day average of $47.64 and 200-day average of $43.51, reflecting a mixed trend, with the 1-month return at -5.3% against a 1-year return of 15%. The GekkoIndex reads 72, placing WES in the Buying zone, up 7.7 over five days. Price remains 19.5% below Gekko Fair Value of $56.23.
The next earnings date falls on 3 November 2026, 35 days out and beyond a typical 20-trading-day hold; the last report on 5 August 2026 beat estimates ($0.99 versus $0.90) with a 0.6% reaction. Over the last 90 days, one insider purchase totaling $249,907 was recorded. Seasonally, the next 20 trading days have averaged 3.8% over 5 years, rising in 4 of them. Analyst consensus among 10 firms shows 3 buy, 6 hold, 1 sell, with a consensus target of $49.69.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Western Midstream Partners scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive1 mixed0 headwinds
Averages disagree
Close $45.27 sits between the 50-day ($47.64) and 200-day ($43.51) averages, or the averages disagree.
See the chart72, Buying
Reading 72 is in the Buying zone.
See the GekkoIndex19.5% below
Price is 19.5% below Gekko Fair Value (more than 5% below).
See fair valueLeans bullish
Last 90 days: 1 open-market insider purchase.
See smart moneyReports in 35 days
Next report Nov 3, 2026, 35 days away — outside a typical 20-trading-day hold.
See earnings+3.8% on average
From this point in the calendar, the next 20 trading days averaged +3.8% over 5 years, rising in 4 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Western Midstream Partners closed at $45.27 on Sep 28, 2026, +15.0% over the past year, inside a 52-week range of $36.90 to $50.07.
Use the left and right arrow keys to read daily values.
Put WES on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Western Midstream Partners builds and runs the pipes and plants that move natural gas, crude oil, and related products from wellhead to market. Its work covers collecting, compressing, treating, and processing natural gas, along with gathering and moving condensate, natural gas liquids, and crude oil. The partnership also manages water collection and disposal tied to production, and it buys and sells natural gas, natural gas liquids, and condensate in the course of its operations.
The company operates through subsidiaries and is guided by its general partner, Western Midstream Holdings, LLC. Its infrastructure is concentrated in Texas, New Mexico, the Rocky Mountains, and north-central Pennsylvania, placing it in the pathway between producers extracting resources and the markets that consume them.
Western Midstream traces back to 2007 and is based in The Woodlands, Texas. It carried the name Western Gas Equity Partners, LP before adopting its current identity in February 2019. Shares trade on the NYSE under the ticker WES.
Western Midstream Partners’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 72, in the Buying zone, up 7.7 points over five sessions.
Up 7.7 points over five sessions, from the Accumulation zone.
Reading for Sep 28, 2026
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying (current zone) | 10 | +5.2% | +3.1% |
| Accumulation | 152 | +1.2% | +4.3% |
| Neutral | 472 | +0.2% | +0.8% |
| Distribution | 27 | −0.5% | +0.6% |
| Selling | 11 | −0.9% | +8.0% |
Average WES share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
Western Midstream Partners trades 19.5% below Gekko Fair Value of $56.23, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Western Midstream Partners shares are worth, recalculated every trading day.
$56.23
Gekko Fair Value, Sep 26, 2026
19.5% Undervalued
Insiders filed 1 open-market purchase in Western Midstream Partners worth $250K, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
$250Kin 1 open-market purchase
| Filed | Insider | Type | Value |
|---|---|---|---|
| Aug 12 | Frederick A. Forthuber Director | Purchase | $250K |
From Form 4 filings, dated to when each was filed.
No trades in WES were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Western Midstream Partners has been buying back its own shares.
From company filings.
0of the funds Gekko tracks hold WES.
Western Midstream Partners reports on Nov 3, 2026 (35 days away), and beat the EPS estimate in 3 of its last 8 reports.
Nov 3, 2026
35 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 5, 2026 | $0.99 est $0.90 | $1.22B est $1.13B | +0.6% |
| May 6, 2026 | $0.87 est $0.78 | $1.12B est $1.01B | +1.2% |
| Feb 18, 2026 | $0.47 est $0.91 | $1.03B est $1.03B | −5.1% |
| Nov 4, 2025 | $0.87 est $0.88 | $952.5M est $961.0M | +2.1% |
| Aug 6, 2025 | $0.87 est $0.83 | $942.3M est $940.1M | −3.4% |
| May 7, 2025 | $0.82 est $0.82 | $917.1M est $919.6M | +2.7% |
| Feb 26, 2025 | $0.88 est $0.88 | $928.5M est $926.4M | −0.3% |
| Nov 6, 2024 | $0.74 est $0.83 | $883.4M est $924.8M | −1.2% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Western Midstream Partners is $49.69, +9.8% from the last close, from 10 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 10 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | Truist Financial | $55 | +21.5% |
| Sep 9 | Stifel Nicolaus | $55 | +21.5% |
| Sep 9 | Stifel Nicolaus | $55 | +21.5% |
| Sep 3 | J.P. Morgan | $50 | +10.4% |
| Aug 21 | RBC Capital | $47 | +3.8% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Sep 29, Western Midstream Partners averaged +3.8% across the last 5 years, rising in 4 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +1.3% | 3 of 5 |
| Next 10 trading days | +3.4% | 4 of 5 |
| Next 15 trading days | +4.7% | 4 of 5 |
| Next 20 trading days | +3.8% | 4 of 5 |
| Next 30 trading days | +2.3% | 4 of 5 |
For scale, WES’s typical 20-trading-day move in either direction is about 3.8%.
Western Midstream Partners’s market cap is $18.70B, with a P/E ratio of 14.4 and revenue of $4.33B over the last twelve months.
4 headlines about Western Midstream Partners from the past week, newest first, each linking to the publisher.
Western Midstream Partners’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ENBEnbridge | Accumulation | 0.7% below |
| WMBWilliams Companies | Accumulation | 1.4% above |
| EPDEnterprise Products Partners | Buying | 17.3% below |
| ETEnergy Transfer | Buying | 38.0% below |
| KMIKinder Morgan | Accumulation | 16.3% below |
| TRPTC Energy | Buying | 9.1% below |
A peer links to its own page where one exists.
Western Midstream Partners’s market cap is $18.70B at the Sep 28, 2026 close of $45.27, with 413.2M shares outstanding. The shares trade on a P/E ratio of 14.4.
The consensus analyst 12-month price target for Western Midstream Partners is $49.69, +9.8% from the last close. Of the 10 firms that rated the stock in the last 90 days, 3 rate it a buy, 6 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Western Midstream Partners is undervalued: the Sep 28, 2026 close of $45.27 is 19.5% below Gekko Fair Value of $56.23. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Western Midstream Partners is expected to report on Nov 3, 2026 (35 days away). Analysts expect earnings of $0.89 per share on revenue of $1.18B. Western Midstream Partners beat the earnings estimate in 3 of its last 8 reports, moving 2.1% on average across the report.
Western Midstream Partners’s 52-week high is $50.07 and its 52-week low is $36.90; it closed at $45.27 on Sep 28, 2026, +15.0% over the past year.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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