Energy·Oil & Gas Storage & Transportation·$16.2B
Western Midstream Partners (WES) operates in the energy sector, focusing on oil and gas storage and transportation. With a market cap of $16 billion, the company plays a crucial role in the energy supply chain, helping to move and store vital resources.
EPS
Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its costs and generating profits.
Revenue
Revenue figures will provide insight into the company's overall sales performance and demand for its services.
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EPS Beat Streak
0Q
EPS Beat Rate
63%
Avg EPS Surprise
+3.54%
Avg Stock Reaction
+0.65%
In Q4 2025, Western Midstream reported an EPS of $0.47, significantly missing the estimate of $0.91. Following this disappointing result, the stock saw a modest increase of 0.39% the next day.
Management Promises & Guidance
Analysts expect a recovery in earnings with a consensus EPS of $0.78 for Q1 2026, reflecting a rebound from the previous quarter's miss. Revenue is also anticipated to be stable at around $1.0 billion.
Bull Case
If Western Midstream can beat EPS estimates and show strong revenue growth, it may signal improved operational efficiency and market demand, boosting investor confidence.
Bear Case
Conversely, if the company fails to meet expectations again, it could raise concerns about its ability to manage costs and demand, leading to further stock price declines.
EPS
$0.78Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing its costs and generating profits.
Revenue
$1.0BRevenue figures will provide insight into the company's overall sales performance and demand for its services.
The print will turn on these two things.
Q1
Will the EPS exceed the consensus estimate of $0.78?
A beat on EPS could indicate a turnaround in profitability and restore investor confidence after the previous quarter's miss.
Q2
What is the outlook for revenue growth given the consensus of $1.0 billion?
Revenue performance will be critical to assess the demand for Western Midstream's services and overall market conditions.
Why consensus could be wrong
The consensus may be underestimating the potential for a significant rebound in demand for oil and gas transportation, which could lead to better-than-expected earnings.
Supporting Evidence
The company's historical performance shows a tendency to recover after a miss, with a 63% beat rate in the past quarters.
Recent trends in oil and gas prices suggest a favorable environment that could boost revenue unexpectedly.
Key Risk
If the EPS comes in above $0.80, it could challenge the current bearish sentiment and shift market expectations.
Pre-commit to what would confirm each case.
This quarter's results are pivotal as they follow a significant earnings miss, and the market is keenly watching for signs of recovery.
Bull Confirmed If
An EPS of $0.80 or higher would confirm the bull case, indicating strong operational performance.
Bear Confirmed If
An EPS below $0.73 would support the bear case, raising concerns about ongoing profitability issues.
Implied Move
±N/A
There is no options market data available to gauge investor sentiment ahead of the earnings report.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Western Midstream beats expectations, history suggests a potential stock increase of around 0.39%, confirming a positive turnaround narrative.
In-Line / Cautious
If results come in line with expectations, the stock may see muted movement as investors await further guidance.
Miss
Should the company miss expectations again, history indicates an average decline of about 1.10%, which could heighten concerns about its financial health.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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PARAMOUNT SKYDANCE C Class B
May 4, 2026