NYSE · Energy · Oil & Gas Midstream · USA
Western Midstream Partners LP is a large cap company (market value between $10 billion and $200 billion) in the Oil & Gas Midstream industry.
Western Midstream Partners LP gathers, compresses, treats, processes, and transports natural gas, while also handling condensate, NGLs, and crude oil. The company operates produced-water gathering, treatment, recycling, and disposal systems serving oil and gas producers across the Delaware, DJ, and Powder River Basins in the Southwest and Rocky Mountain regions.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Western Midstream Partners LP stock.
Undervalued: intrinsic value $66.46 per share, market price $44.36, margin of safety 33.3% (as of 2026-10-19).
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $66.46; the price of $44.36 is 33% below that value, and 78% of that value comes from beyond year five.
Leak Score: 67/100 on 10 of 12 signals (Faint Leak).
11 more funds hold it; the full list is part of the paid plan.
All 58 Oil & Gas Midstream stocks
11 more in this industry show a wider margin of safety.
WES is undervalued (as of the 2026-10-19 close). Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $66.46; the price of $44.36 is 33% below that value, and 78% of that value comes from beyond year five.
$66.46 per share (as of the 2026-10-19 close), against a market price of $44.36. That is a margin of safety of 33.3%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
67 out of 100, which we rate "Faint Leak", on 10 of 12 value investing signals.