Western Midstream Is Now As Expensive As EPD - Think About That

I reiterate my Strong Buy on Western Midstream: the April call worked, returning ~25%, but the growth-led thesis ahead still stands. The rerating to EPD's multiple is largely done, so returns from here rely on 7-8% EBITDA growth, not multiple expansion. Growth alone supports ~15% returns at a flat multiple; the compressed ~7.6% yield matters mainly for fresh income-only entries.

Seeking Alpha • Aug 21, 2026

Western Midstream: A Recession-Resistant Growth Story

Western Midstream offers above-average growth potential. WES prioritizes opportunistic acquisitions, exemplified by the Aris Water and Brazos deals. Take-or-pay contracts and long-lived agreements provide WES with downside protection.

Seeking Alpha • Aug 20, 2026

WES Raises 2026 Guidance as Brazos Adds Scale and Throughput Growth

Western Midstream raises 2026 guidance after record EBITDA, higher throughput and early Brazos gains strengthen its growth outlook.

Zacks Investment Research • Aug 17, 2026

Western Midstream Announces Participation in the Solitude Pipeline System

WES holds a 7.5% equity interest in the Solitude Pipeline System joint venture which has reached a positive Final Investment Decision to construct two 48-inch natural gas pipelines running from the Permian Basin to Katy, Texas. Solitude will deliver scalable, long-haul natural gas transportation, with initial capacity of approximately 2.25 Bcf/d expected in late 2029 and an additional 2.25 Bcf/d in 2030 with the ability to increase capacity thereafter to accommodate shipper demand.

PRNewsWire • Aug 17, 2026

WhiteWater-led venture approves Permian-to-Texas gas pipeline project

Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream ​Partners said on Monday they had reached a ‌final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas.

Reuters • Aug 17, 2026

SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST

AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and Western Midstream Partners, LP (NYSE: WES), through their Solitude Pipeline System joint venture ("Solitude"), have reached a positive Final Investment Decision ("FID") to construct two 48-inch natural gas pipelines, each running from the Permian Basin to Katy, TX. The project has secured substantial long-term firm transportation agreements with predominantly investment-grade shippers to support the FID.

PRNewsWire • Aug 17, 2026

All You Need to Know About Western Midstream (WES) Rating Upgrade to Strong Buy

Western Midstream (WES) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Zacks Investment Research • Aug 14, 2026

Western Midstream (WES) Is Up 0.11% in One Week: What You Should Know

Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research • Aug 14, 2026

Western Midstream Partners, LP Common Units (WES) Discusses Second Quarter Performance Drivers and Updated Full-Year Guidance Transcript

Western Midstream Partners, LP Common Units (WES) Discusses Second Quarter Performance Drivers and Updated Full-Year Guidance Transcript

Seeking Alpha • Aug 11, 2026

Western Midstream Announces Second-Quarter Post-Earnings Interview with Chief Financial Officer, Kristen Shults and Participation in Upcoming Investor Conferences

HOUSTON, Aug. 10, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that tomorrow before the market open it will make available on its website at www.westernmidstream.com a post-earnings interview with Kristen Shults, Senior Vice President and Chief Financial Officer, that provides additional insights related to WES's second-quarter 2026 results. WES intends to participate in the following investor conferences during the third quarter of 2026: Citi's 2026 Natural Resources Conference in Las Vegas, Nevada on August 11 – 12, 2026 Daniel Energy Partners Executive Series in Pebble Beach, California on September 1 – 3, 2026 Institute of Private Investors Fall Investment Forum in Vancouver, Canada on September 16 – 18, 2026 NYSE Energy & Utilities Virtual Investor Access Day on September 24, 2026 Wolfe Utilities, Midstream & Clean Energy Conference in New York, New York on September 30, 2026 ABOUT WESTERN MIDSTREAM Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets.

PRNewsWire • Aug 10, 2026