Western Midstream Announces Closing of Brazos Delaware Acquisition

HOUSTON, June 11, 2026 /PRNewswire/ -- Western Midstream Partners, LP ("WES" or the "Partnership") (NYSE: WES) today announced it closed the previously announced acquisition of Brazos Delaware II, LLC ("Brazos") for approximately $1.6 billion. Transaction consideration comprised approximately $800 million in cash and approximately $800 million in WES common units.

PRNewsWire • Jun 11, 2026

2026 Midstream M&A: Deal Flow Slows

North American midstream M&A activity has slowed into 2026 relative to 2025. For many midstream companies, organic growth projects and returning capital to shareholders are seen as more attractive.

ETF Trends • Jun 9, 2026

Why Is Western Midstream (WES) Up 4.1% Since Last Earnings Report?

Western Midstream (WES) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research • Jun 5, 2026

A Rare Opportunity To Buy Dirt Cheap Sustainable 8-12% Yields

It is rare to find sustainable 8-12% yields from common equities that also offer significant upside potential. I detail two of my favorite high-yielding opportunities that offer sustainable high yields, capital appreciation potential, healthy business models, and strong balance sheets. I also detail some of the risks.

Seeking Alpha • Jun 4, 2026

Oil Be Buying: My Absolute Favorite Energy Stocks

Energy remains a top investment focus due to global demand, constrained supply growth, and attractive sector valuations versus the S&P 500. I highlight my preferred picks across the energy supply chain: LandBridge, Viper Energy, Helmerich & Payne, Diamondback Energy, Western Midstream, and Marathon Petroleum. VNOM offers high cash returns to shareholders, while WES and MPC provide strong yields and capital return strategies, each excelling in their respective niches.

Seeking Alpha • May 31, 2026

Western Midstream: 8% Yield, Acquisition Growth, Cheap

Western Midstream Partners, LP, offers an attractive distribution growth profile for income-focused investors. I see WES's value underpinned by robust core natural gas business growth, expanding pipeline assets, and strong projected natural gas demand. The recent $1.6B Brazos Delaware acquisition expands WES's Delaware Basin footprint by ~49% (to over 1.4M acres), adding significant pipeline and processing capacity.

Seeking Alpha • May 26, 2026

MLPs Are Not Overpriced

MLPs remain highly attractive for income investors due to defensive cash flows, CPI-linked contracts, and yields averaging ~7.5%. Recent MLP price surges do not signal overvaluation; current valuations are not detached given sector fundamentals and macro risks. MLPs have deleveraged, consolidated, and now benefit from higher inflation expectations and a flight-to-quality dynamic.

Seeking Alpha • May 20, 2026

1Q26 MLP/Midstream Dividends: Growth Trend Continues

Key Takeaways: On a year-over-year basis, 96.0% of the Alerian Midstream Energy Index (AMNA) by weighting have grown their dividends. MLPs largely drove sequential growth in payouts for 1Q26, while most corporations kept their dividends steady.

ETF Trends • May 19, 2026

Western Midstream Partners: Valuation Not A Screaming Buy, But Opportunities Are Attractive

Western Midstream Partners, LP delivered robust Q1 2026 results, with revenue up 22.4% YoY to $1.12B and strong operational expansion. Despite recent price rallies and technical overbought signals, WES's earnings growth outpaces price gains, supporting a justified valuation and a buy rating. WES offers an attractive dividend yield above 8%, backed by solid liquidity, manageable debt maturities, and resilient cash flows.

Seeking Alpha • May 18, 2026

Western Midstream Partners: I Prefer This MLP Over Enterprise Products Partners And Energy Transfer

Western Midstream Partners offers an 8.35% yield, 5-8% targeted distribution growth, and a compelling risk-adjusted return at $45 per unit. WES's Q1 results were strong, with a record $683.1M adjusted EBITDA, 15% YoY growth, and a 2.2% distribution increase. The $1.6B Brazos Delaware acquisition expands WES's Delaware Basin footprint by 50%, is immediately accretive, and maintains pro forma leverage near 3.0x.

Seeking Alpha • May 16, 2026