Western Midstream Partners LP Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
13.8%projected annual EPS growth
Analyst Coverage
12analysts covering
FY Revenue (est.)
$4.7Bnext fiscal year
FY EPS (est.)
$3.70next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 6 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Adjusted EBITDA Quarterly683.1MTarget: $2.50 billion to $2.70 billion (reaffirmed at the high end)
Distributable Cash Flow (DCF) Quarterly508.9MTarget: $1.85 billion to $2.05 billion (reaffirmed at the high end)
Capital Expenditures Quarterly250.5MTarget: $850.0 million to $1.00 billion
Natural-Gas Throughput Quarterly5.2BTarget: Sequential growth driven by Permian Basin expansions
Crude-Oil and NGLs Throughput Quarterly521KTarget: Integration of Brazos Delaware II assets
Watch Items
- Brazos Delaware II Acquisition IntegrationTrigger: Expected close by end of Q2 2026; $1.6 billion purchase priceAction: Monitor post-close synergy realization (target ~7.5x EBITDA multiple post-synergies) and revised producer drilling plans.
- Producer Drilling Activity and Volume CurtailmentsTrigger: Waha natural gas pricing volatility and producer capital reallocationAction: Assess utilization of Minimum Volume Commitments (MVCs) to protect fee-based cash flows during the 'transition year'.
- Leverage RatioTrigger: Target net leverage of approximately 3.0xAction: Verify that pro forma leverage remains near the 3.0x target post-Brazos transaction close.
Research as of 2 Sep 2026