Truist starts coverage of Western Midstream Partners stock with Buy

Published on 10/14/2026 at 00:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Truist set a USD 55.00 target on September 17, 2026. Western Midstream Partners stock had a USD 49.89 average target on October 3, 2026.

Recent company milestones

On September 17, 2026, Truist Securities initiated coverage with a Buy rating and a USD 55.00 target.
Full-year adjusted EBITDA guidance stands at USD 2.75 billion to USD 2.95 billion for 2026.
Western Midstream Partners is scheduled to report its next earnings on November 4, 2026.

WES, US9586691035, Illustration mit AI erstellt.

Western Midstream Partners (ISIN US9586691035) received a Buy rating and a USD 55.00 price target when Truist Securities initiated coverage on September 17, 2026, according to Fintel. The analyst action gives the partnership a fresh valuation reference as its second-quarter operating figures and 2026 outlook remain central to the investment case.

Three dated WES developments

On August 5, 2026, Western Midstream reported second-quarter revenue of USD 1.22 billion and diluted earnings per unit of USD 0.99, according to MarketBeat. Revenue was up 30.00 percent from the year-earlier quarter, while earnings per unit exceeded the cited USD 0.91 consensus by USD 0.08.

On September 17, 2026, Truist Securities initiated coverage with a Buy recommendation and a USD 55.00 target, Fintel reported. On October 7, 2026, Zacks cited a 22.80 percent year-over-year increase in its 2026 consensus estimate for earnings per unit.

What changed in the outlook?

Western Midstream raised full-year adjusted EBITDA guidance to USD 2.75 billion to USD 2.95 billion and distributable cash flow guidance to USD 2.05 billion to USD 2.25 billion, according to Investing.com. The same report said the Brazos Delaware II acquisition was expected to contribute USD 100.00 million of adjusted EBITDA in the second half of 2026, with USD 15.00 million to USD 20.00 million in anticipated cost synergies.

Next reporting date

Western Midstream is scheduled to release its next earnings report on November 4, 2026, according to Investing.com. That date will give investors the next reported comparison for revenue, earnings per unit and progress against the revised full-year guidance.

Fee-based infrastructure supports visibility

Western Midstream operates gathering, compression, treatment, processing and transportation assets for natural gas, natural gas liquids, crude oil and produced water. Its network spans Texas, New Mexico, the Rocky Mountains and north-central Pennsylvania, while fee-based contracts and long-term commitments support cash-flow visibility across several production regions.

Market context: Market report S&P 500.