Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Western Midstream Partners, LP before investing.

In this article, we go over a few key elements for understanding Western Midstream Partners, LP’s stock price such as:

• Western Midstream Partners, LP’s current stock price and volume
• Why Western Midstream Partners, LP’s stock price changed recently
• Upgrades and downgrades for WES from analysts
• WES’s stock price momentum as measured by its relative strength

About Western Midstream Partners, LP (WES)

Before we jump into Western Midstream Partners, LP’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

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Western Midstream Partners, LP’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Western Midstream Partners, LP’s stock price was $46.570.

Western Midstream Partners, LP is down 2% from its previous closing price of $47.520.

During the last market session, Western Midstream Partners, LP’s stock traded between $45.850 and $46.770. Currently, there are approximately 399.10 million shares outstanding for Western Midstream Partners, LP.

Western Midstream Partners, LP’s price-earnings (P/E) ratio is currently at 15.3, which is high compared to the Oil, Gas & Consumable Fuels industry median of 14.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Western Midstream Partners, LP Stock Price History

Western Midstream Partners, LP’s (WES) price is currently up 6.42% so far this month.

During the month of July, Western Midstream Partners, LP’s stock price has reached a high of $48.630 and a low of $43.020.

Over the last year, Western Midstream Partners, LP has hit prices as high as $48.630 and as low as $36.900. Year to date, Western Midstream Partners, LP’s stock is up 17.9%.

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What Caused Western Midstream Partners, LP Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there was 1 analyst who downgraded Western Midstream Partners, LP’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Western Midstream Partners, LP’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Western Midstream Partners, LP’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Western Midstream Partners, LP’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Western Midstream Partners, LP (WES) by visiting AAII Stock Evaluator.

Relative Price Strength of Western Midstream Partners, LP

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Western Midstream Partners, LP has a weighted four-quarter relative price strength of 0.96%, which translates to a Momentum Score of 56 and is considered to be Average.

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Western Midstream Partners, LP Stock Price: Bottom Line

As of July 31, 2026, Western Midstream Partners, LP’s stock price is $46.570, which is down 2% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Western Midstream Partners, LP stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.