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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Western Midstream Partners LP's current 1-Year Share Buyback Ratio was -8.40%.
WES's 1-Year Share Buyback Ratio is ranked worse than 63.41% of 604
companies
in the Oil & Gas industry
Industry Median: -2.2
vs WES: -8.40
Western Midstream Partners LP (NYSE:WES) 1-Year Share Buyback Ratio Explanation
A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Western Midstream Partners LP 1-Year Share Buyback Ratio Related Terms
WES vs PAA, DTM, AM: 1-Year Share Buyback Ratio Comparison
For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Midstream Partners LP 1-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's 1-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Western Midstream Partners LP's 1-Year Share Buyback Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 1-Year Share Buyback Ratio of -8.40 mean?
Western Midstream Partners LP (WES) has a 1-Year Share Buyback Ratio of -8.40 as of Jun. 2026. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Western Midstream Partners LP and its competitors. According to the industry distribution chart, Western Midstream Partners LP ranks #383 out of 604 companies in the Oil & Gas industry, placing it in the top 63.4%.
Is Western Midstream Partners LP's 1-Year Share Buyback Ratio too high?
Western Midstream Partners LP's current 1-Year Share Buyback Ratio is -8.40. Based on the distribution chart, Western Midstream Partners LP ranks #383 out of 604 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Western Midstream Partners LP has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Midstream Partners LP's 1-Year Share Buyback Ratio compare to PAA and DTM?
According to the Oil & Gas industry distribution chart, Western Midstream Partners LP ranks #383 out of 604 companies for 1-Year Share Buyback Ratio. This places Western Midstream Partners LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Share Buyback Ratio for an Oil & Gas company?
A good 1-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 1-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Share Buyback Ratio mean?
A high 1-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Western Midstream Partners LP and its competitors. Western Midstream Partners LP's current 1-Year Share Buyback Ratio is -8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Western Midstream Partners LP (WES) is currently considered Fairly Valued. The stock's GF Value™ is $46.50, compared to a current price of $48.30 — trading 3.9% above its estimated fair value. The current 1-Year Share Buyback Ratio is -8.40. Western Midstream Partners LP's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Share Buyback Ratio calculated?
1-Year Share Buyback Ratio is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current 1-Year Share Buyback Ratio is -8.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Midstream Partners LP (WES) Overvalued in 2026?
Based on GuruFocus' analysis, Western Midstream Partners LP stock appears to be overvalued.
The current stock price of $48.30 is trading 3.9% above its estimated GF Value™ of $46.50.
GuruFocus considers Western Midstream Partners LP to be Fairly Valued.
Key valuation signals for WES:
1-Year Share Buyback Ratio: -8.40
GF Value™: $46.50 vs. price of $48.30 (3.9% above fair value)
No single metric tells the full story. See the WES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma) and Texas.
85GF Score
Get the complete analysis for WES
1-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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