What Is Western Midstream Partners, LP (WES) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, Western Midstream Partners, LP presents a highly debated valuation profile at its current price of $45.76. The composite intrinsic value is estimated at $42.98 (-6.1% average upside), masking a wide model spread between the 4 bullish models and 4 bearish models. Model dispersion is worth noting: Regime Cross targets $72.41 (+58.2%), versus EROIC at $13.90 (-69.6%). This +127.9% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.
What Do the Models Say About WES?
11 of 13 models are currently active for WES. Of these, 5 models suggest upside while 6 models suggest overvaluation. The Bayesian DCF estimates WES's intrinsic value at $48.78, implying +6.6% upside from the current price. See which stocks rank higher →
How Does WES Rank in Natural Gas Transmission?
Among 16 Natural Gas Transmission stocks, WES ranks #1 by Quality of Company score. CirclFi's QOC score of 9.3/10 evaluates 32 fundamental signals. A score of 9.3 places WES in the top tier.
As a energy producer, Western Midstream Partners, LP operates in a sector where debt-to-EBITDAX is a critical driver of valuation. Investors evaluating WES should weigh these sector-specific dynamics alongside our model-derived fair values.
Is WES a Value Trap?
The Value Trap algorithm is not active for WES. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
11 of 13 models are active for Western Midstream Partners, LP. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Western Midstream Partners, LP is rated at 9.3/10. This elite-tier score ranks among the highest-quality businesses in our coverage universe.
The gap between the most bullish and bearish model spans +127.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every WES valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across WES's 11 active models, average confidence is 45%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →