WES

Western Midstream (WES) gained 1.51% to $45.13, outperforming broader market declines. The oil and gas transportation company is expected to report Q3 earnings on November 4, 2026, with EPS projected at $0.88 (up 1.15% YoY) and revenue of $1.19 billion (up 25.39% YoY). WES carries a Zacks Rank #2 (Buy) rating with a Forward P/E of 12.14 and PEG ratio of 1.2.

Western Midstream (WES) has been upgraded to a Zacks Rank #1 (Strong Buy) rating, primarily due to upward trends in earnings estimates. The oil and gas transportation and storage company is expected to earn $3.67 per share for fiscal year 2026, with analysts raising consensus estimates by 6.5% over the past three months. The upgrade positions WES in the top 5% of Zacks-covered stocks, suggesting potential for near-term stock price appreciation.

Stock markets declined following a higher-than-expected CPI inflation report. Five stocks were added to the Zacks Rank #1 (Strong Buy) list today, including CarMax, American Coastal Insurance, BeOne Medicines, Oddity Tech, and Western Midstream Partners, based on increased earnings estimate revisions over the last 60 days.

Stock markets declined following a higher-than-expected CPI inflation report. Investors are awaiting the PPI inflation data release. Western Midstream Partners is highlighted as a buy-ranked stock with strong income characteristics, featuring an 8.2% dividend yield.

Western Midstream (WES) closed at $44.82, down 1.1% in the latest session. The oil and gas transportation company is projected to report quarterly EPS of $0.89 (up 2.3% YoY) and revenue of $1.2 billion (up 25.52% YoY). WES carries a Zacks Rank #2 (Buy) rating with a Forward P/E of 12.37, trading at a slight premium to its industry average.

The Oil and Gas - Refining & Marketing MLP industry is well-positioned with a Zacks Industry Rank of #40 (top 16%), supported by diversified business models, stronger balance sheets, and improving earnings expectations. The industry has outperformed the S&P 500 (46.2% vs 16.2% over the past year) and trades at a reasonable 12.25X EV/EBITDA. Three stocks highlighted are Western Midstream Partners (Rank #1), Global Partners (Rank #2), and NGL Energy Partners (Rank #3), each benefiting from fee-based contracts, integrated operations, and long-term commitments.

Western Midstream (WES) has declined 9.4% over the past four weeks and is now trading in oversold territory with an RSI reading of 28.52. Despite the recent selloff, analysts have raised earnings estimates by 0.5% over the last 30 days, and the stock has been assigned a Zacks Rank #1 (Strong Buy) rating, suggesting a potential near-term rebound.

Western Midstream (WES) declined 1.27% to $44.37, underperforming the S&P 500's 0.25% loss. The stock has fallen 8.27% over the past month, significantly trailing the Oils-Energy sector. However, the company maintains a Zacks Rank #1 (Strong Buy) with positive earnings growth forecasts of 2.3% for the upcoming quarter and 22.82% for the full fiscal year.

Zacks analysts published research on 16 major stocks on October 12, 2026. Oracle faces headwinds from negative free cash flow and intense cloud competition but benefits from AI demand.

American Express shows strong spending and customer acquisition despite rising expenses. Progressive maintains a neutral stance due to normalizing auto pricing and valuation concerns. Additional coverage includes Western Midstream, BrightSpring Health, and Dr. Reddy's Laboratories.