{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NYSE/WES",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Western Midstream Partners, LP (NYSE: WES) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Western Midstream Partners, LP, listed on the NYSE under ticker WES, with ISIN US9586691035. The LEI is not on the record. The security type is Corporate, the sector is 4922 Natural Gas Transmission, and the jurisdiction is United States, Delaware. The segment is not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 38 filings across 22 filing days in the window 2025-11-08 to 2026-11-08. Of these, 16 are directors' dealings, 8 are regulatory filings, 8 are results, 4 are corporate news, and 2 are prospectuses. The median gap between filing days is 14 days. The latest filing is a results filing dated 2026-11-04, 4 days before the record date of 2026-11-08. For the NYSE, the record holds 3,256 issuers with a median of 64.0 filings, a median cadence gap of 6.0 days, and a median latency of 4.0 days. For the sector 4922 Natural Gas Transmission, the record holds 22 issuers with a median of 53.0 filings, a median cadence gap of 6.0 days, and a median latency of 3.0 days.\n\n## Auditor\n\nThe auditor of record is KPMG LLP, located in Houston, Texas. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record holds 14 research houses named on the issuer's investor-relations page: J.P. Morgan, Capital One Securities, Citi, Mizuho Securities, Morgan Stanley, Raymond James, RBC Capital Markets, Stifel, TPH Research, Truist Securities, UBS Securities, U.S. Capital Advisors, Wells Fargo Securities and Wolfe Research.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe sealed years that hold the issuer are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001423902.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NYSE/WES (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1423902/000142390226000030/wes-20251231.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://investors.westernmidstream.com/analyst-coverage (coverage)\n- https://mcp.us-cm-kg.ai/record/NYSE/WES (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000030/wes-20251231.htm",
    "state": "sourced",
    "value": "KPMG LLP"
   },
   "auditor_firm_id": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000030/wes-20251231.htm",
    "state": "sourced",
    "value": "185"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000030/wes-20251231.htm",
    "state": "sourced",
    "value": "Houston, Texas"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NYSE/WES",
  "coverage": {
   "count": 14,
   "houses": [
    {
     "house": "J.P. Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Wade Suki",
     "house": "Capital One Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Spiro Dounis",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Gabriel Moreen",
     "house": "Mizuho Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Robert Kad",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "J.R. Weston",
     "house": "Raymond James",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Elvira Scotto",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Robert Hodges",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Zack Van Everen",
     "house": "TPH Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Gabe Daoud",
     "house": "Truist Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Manav Gupta",
     "house": "UBS Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "James Carreker",
     "house": "U.S. Capital Advisors",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Ned Baramov",
     "house": "Wells Fargo Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Keith Stanley",
     "house": "Wolfe Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.westernmidstream.com/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://investors.westernmidstream.com/analyst-coverage",
     "result": "read: 14 of 17 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 3256,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "NYSE"
    },
    "sector": {
     "issuers": 22,
     "median_cadence_gap_days": 6,
     "median_filings": 53,
     "median_latency_days": 3,
     "name": "4922 Natural Gas Transmission"
    }
   },
   "by_type": {
    "corporate_news": 4,
    "directors_dealings": 16,
    "prospectus": 2,
    "regulatory_filing": 8,
    "results": 8
   },
   "cadence_median_gap_days": 14,
   "filing_days": 22,
   "filings": 38,
   "latency_days": 4,
   "latest": [
    {
     "category": "10-Q",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000115/wes-20260930.htm",
     "title": "10-Q — 10-Q",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000114/wes-20261104.htm",
     "title": "8-K — 8-K (items 2.02,9.01)",
     "type": "results"
    },
    {
     "category": "4",
     "date": "2026-10-29",
     "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000105/xslF345X06/wk-form4_1793307287.xml",
     "title": "4 — FORM 4",
     "type": "directors_dealings"
    },
    {
     "category": "SCHEDULE 13G/A",
     "date": "2026-10-07",
     "source": "https://www.sec.gov/Archives/edgar/data/1423902/000139834426017978/xslSCHEDULE_13G_X02/primary_doc.xml",
     "title": "SCHEDULE 13G/A",
     "type": "regulatory_filing"
    },
    {
     "category": "SD",
     "date": "2026-09-25",
     "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000098/wes-20251231.htm",
     "title": "SD — SD",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/WES",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
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    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NYSE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US9586691035"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001423902.json",
    "state": "sourced",
    "value": "United States — Delaware"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-DE",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001423902.json",
    "state": "sourced",
    "value": "Western Midstream Partners, LP"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001423902.json",
    "state": "sourced",
    "value": "4922 Natural Gas Transmission"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001423902.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
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    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "WES"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
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  "licensed": {
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   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
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   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
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  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:c9421079215b8a75904aeae528f58f64dabc8a6519708279eba8bc75983c9ff0",
  "open_research": {
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   "rows": [],
   "state": "none_found"
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  "orderability": {
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   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
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  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NYSE/WES",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
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 },
 "numbers_hash": "sha256:c9421079215b8a75904aeae528f58f64dabc8a6519708279eba8bc75983c9ff0",
 "path": "/us/NYSE/WES",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Western Midstream Partners, LP, listed on the NYSE under ticker WES, with ISIN US9586691035. The LEI is not on the record. The security type is Corporate, the sector is 4922 Natural Gas Transmission, and the jurisdiction is United States, Delaware. The segment is not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 38 filings across 22 filing days in the window 2025-11-08 to 2026-11-08. Of these, 16 are directors' dealings, 8 are regulatory filings, 8 are results, 4 are corporate news, and 2 are prospectuses. The median gap between filing days is 14 days. The latest filing is a results filing dated 2026-11-04, 4 days before the record date of 2026-11-08. For the NYSE, the record holds 3,256 issuers with a median of 64.0 filings, a median cadence gap of 6.0 days, and a median latency of 4.0 days. For the sector 4922 Natural Gas Transmission, the record holds 22 issuers with a median of 53.0 filings, a median cadence gap of 6.0 days, and a median latency of 3.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is KPMG LLP, located in Houston, Texas. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds 14 research houses named on the issuer's investor-relations page: J.P. Morgan, Capital One Securities, Citi, Mizuho Securities, Morgan Stanley, Raymond James, RBC Capital Markets, Stifel, TPH Research, Truist Securities, UBS Securities, U.S. Capital Advisors, Wells Fargo Securities and Wolfe Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The sealed years that hold the issuer are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001423902.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/WES"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1423902/000142390226000030/wes-20251231.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://investors.westernmidstream.com/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NYSE/WES"
  }
 ],
 "title": "Western Midstream Partners, LP (WES) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}