WES NYSE Week ended 31 Jul 2026

Weekly Investor Report

Western Midstream Partners LP · Energy · Oil & Gas Midstream

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Latest close 46.57 USD
0.1% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 10.6% above the Trend Line and sits at 89.2% of its 52-week range. The latest completed week returned 0.1%, after a 8.8% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is bullish with 44/100 conviction, while the latest news-sentiment score is 56/100. Near-term considerations: earnings are due in 2d.

Setup score 79 out of 100
Latest Close 46.57 USD 31 Jul 2026
1W Return 0.1% latest completed week
4W Return 8.8% short-term follow-through
12W Return 7.1% quarterly tape
Trend Breadth 98.1% 51 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • The trend backdrop is active with a 51-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 17 reversal markers appear in the recent smart-money tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 0.1% Latest completed week; four-week move 8.8%. Indicator stack 99/100 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 57.91% Historical one-week expectancy contributes to the evidence score when direction is confirmed. Options pressure Bullish 44/100 conviction; expected move 5.1%. News sentiment 56/100 51 relevant articles in the latest sentiment read. Event risk 2d Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 10.6% above the Trend Line and sits at 89.2% of its 52-week range. The latest completed week returned 0.1%, after a 8.8% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8212-week average 0.86

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.82Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1717 reversal markers

No recent accumulation markers. 17 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 8.8% over four weeks, 7.1% over 12 weeks, and 26.6% over one year. The current trend has remained active for 51 consecutive weeks.

Performance by holding period

1W0.1%
4W8.8%
12W7.1%
26W17.4%
52W26.6%
Active trend streak51 weeks
Active weeks in one year51
Trend breadth98.1%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.35Latest activity-pressure read.
Pressure change2527.0%Four-week change in activity pressure.
Leadership7.87Latest relative-leadership reading.
RS change2770.8%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 02 Aug 2026 Financial statements through 31 Mar 2026 Field coverage 97% Model confidence 92%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength43/100Blend of value, momentum, and quality. Underlying universe rank 58; rank 1 is best.
Value29/100Relative valuation strength. Underlying universe rank 72; rank 1 is best.
Quality92/100Profitability and accounting quality. Underlying universe rank 9; rank 1 is best.
Momentum33/100Medium-term price momentum. Underlying universe rank 68; rank 1 is best.
Growth69/100Revenue and earnings growth. Underlying universe rank 32; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework38/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
16.0x
Price divided by trailing earnings.
Price / sales
4.8x
Market value relative to trailing revenue.
EV / EBITDA
12.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
11.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
68.8%
Gross profit retained from each unit of revenue.
Operating margin
35.9%
Operating profit retained from revenue.
Free-cash-flow margin
74.4%
Free cash flow generated from revenue.
Return on invested capital
12.6%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
11.4%
Latest one-year revenue growth.
EPS growth
-8.2%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-0.9%
Latest one-year free-cash-flow growth.
Piotroski F-score
4/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
7.9%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
7.9%
Dividend yield plus net buyback yield.
Net debt / EBITDA
3.7x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

WES shows bullish options pressure with a 44/100 conviction score, put-call volume ratio of 0.46, expected move of 5.1%, and Sharemaestro trend signal active.

Conviction44/100
Expected move5.1%
Put/call volume0.46
Pressure44
Speculation41
Volatility39
Trend agreement50
Open options detail
Insider activity-

No recent insider transactions are stored for this company.

News sentiment56/100

Weighted news tone is neutral across 51 relevant articles.

20 positive · 25 neutral · 6 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings2dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move5.1%Nearest-chain priced movement where available.
52-week drawdown-3.0%Distance below the 52-week high.
13-week volatility3.3%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher17 of 269 weeks finished lower.
Best week+5.8%Week of 15 May.
Worst week-6.8%Week of 29 May.
Latest week+0.1%Week of 31 Jul.

Shape of recent returns

Strong gains3
Modest gains14
Flat weeks0
Modest losses7
Sharp losses2
Recent vol3.3%13-week weekly-return volatility.
Base vol2.6%52-week weekly-return volatility.
Up/down split35/17Count of positive and negative weeks in the 52-week window.
Average skew1.9% / -2.3%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape82/100

Trend, activity pressure, participation, and risk combine to a 82/100 tape read.

 Indicator analysis70/100

Latest 12-week confirmation: trend 12/12, activity pressure 9/12, relative leadership 9/12.

Activity pressure 0.82; 17 reversal markers Next-Week ExpectancyPositive 57.91%

Next-week expectancy is positive with a 57.91% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors49/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 56; Small Cap Core rank 63 SVQF38/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 629.0 of 1014 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options58/100

WES shows bullish options pressure with a 44/100 conviction score, put-call volume ratio of 0.46, expected move of 5.1%, and Sharemaestro trend signal active.

Bullish · Call-side pressure · Expected move 5.1% Sentiment56/100

Weighted news tone is neutral across 51 relevant articles.

Is Western Midstream Partners (WES) Fairly Valued Following Its Dividend Announcement And Upcoming Earnings? Insiders50/100

No recent insider transaction evidence is stored.

 Earnings2d

Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.

 Research flow1 items

1 recent research articles and 0 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202646.57 USD0.1%42.12 USD33.45 USD0.357.875.3MOn
24 Jul 202646.54 USD3.3%41.83 USD33.29 USD0.029.073.6MOn
17 Jul 202645.07 USD3.0%41.53 USD33.13 USD-0.255.143.0MOn
10 Jul 202643.75 USD2.2%41.27 USD32.97 USD-0.220.523.7MOn
3 Jul 202642.81 USD1.5%41.07 USD32.83 USD-0.01-0.293.0MOn
26 Jun 202642.17 USD-1.8%40.92 USD32.69 USD0.240.334.4MOn
19 Jun 202642.96 USD-3.6%40.77 USD32.55 USD0.42-0.226.6MOn
12 Jun 202644.57 USD0.5%40.58 USD32.40 USD0.674.405.0MOn
5 Jun 202644.37 USD3.5%40.33 USD32.25 USD0.884.524.0MOn
29 May 202642.87 USD-6.8%40.09 USD32.09 USD0.90-1.494.1MOn
22 May 202646.01 USD-0.0%39.86 USD31.94 USD0.977.198.3MOn
15 May 202646.03 USD5.8%39.52 USD31.78 USD0.548.1610.7MOn
8 May 202643.49 USD3.2%39.16 USD31.61 USD0.042.437.9MOn
1 May 202642.16 USD5.0%38.87 USD31.46 USD-0.271.5810.7MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.