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ET vs WES
Which Stock Would AI Choose? Energy Transfer LP (ET) vs. Western Midstream Partners (WES) Stock Comparison
Key Takeaways
- ET is a diversified, large-cap midstream operator with multiple growth levers, while WES is a more concentrated, high-yield Delaware Basin play.
- Both partnerships raised full-year guidance in recent quarters, but ET has demonstrated stronger breadth and a larger, more visible project backlog.
- Tickeron AI Verdict: ET currently holds the edge on trend consistency, stability, and relative market positioning.
- WES offers a higher headline distribution yield, but its performance is tied more tightly to a single basin and commodity-linked contract economics.
- Get more detail on each name through dedicated pages — ET Major News and ET Today's Price Move, plus WES Major News and WES Today's Price Move.
- Explore Trending AI Robots to see which automated strategies are currently navigating this and other tickers.
Introduction
Investors weighing energy infrastructure income opportunities frequently compare ET and WES, two master limited partnerships (MLPs) that pass much of their cash flow to unitholders. Although both operate in the midstream segment — moving, processing, and storing natural gas, natural gas liquids (NGLs), crude oil, and produced water — their scale, diversification, and growth profiles differ meaningfully. This stock comparison is especially relevant for income-oriented investors and traders evaluating relative performance, distribution sustainability, and market positioning in a period of rising power and export-driven energy demand. The analysis below contrasts their recent momentum, business drivers, and risk profiles to clarify which name currently offers the more compelling setup.
ET Overview and Recent Performance
Energy Transfer LP (ET) is one of North America's largest and most diversified midstream operators, with an extensive network spanning natural gas transportation and storage, NGL and refined products, crude oil pipelines, and interests in affiliates such as Sunoco. In its most recent quarter, the partnership reported adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of roughly $5 billion, up about 31% year over year, and raised full-year adjusted EBITDA guidance for the third consecutive time.
Recent market activity has been shaped by several catalysts: the early completion of the Hugh Brinson pipeline, record intrastate natural gas volumes, stronger NGL exports, and the announced $2.6 billion acquisition of Vaquero Midstream, which is expected to strengthen its Delaware Basin footprint. Management also outlined a larger 2027 growth capital program and highlighted demand from power generation and data centers. The partnership's distribution remains covered more than two times by distributable cash flow, reinforcing its appeal among income investors.
WES Overview and Recent Performance
Western Midstream Partners (WES) is a midstream MLP focused on gathering, processing, and transporting natural gas, crude oil, NGLs, and produced water, with assets concentrated in the Delaware Basin alongside operations in the DJ Basin and Powder River Basin. More than 60% of its 2026 adjusted EBITDA is expected to come from the Delaware Basin, making it a high-conviction play on Permian activity.
In recent quarters, WES delivered record throughput and adjusted EBITDA, driven by the Brazos acquisition, higher produced-water volumes, and favorable commodity-linked processing economics. Management raised 2026 adjusted EBITDA and distributable cash flow guidance, and the partnership's quarterly distribution of $0.93 per unit translates to a yield near 8%. However, its most recent quarterly earnings per unit came in below consensus estimates, and near-term share-price momentum has cooled, with a softer 30-to-90-day performance window highlighting investor caution around concentrated basin exposure and commodity sensitivity.
Trending AI Robots
Tickeron's Trending AI Robots page showcases a curated selection of the platform's best-performing automated strategies for current market conditions. Tickeron offers hundreds of AI Trading Bots that collectively trade thousands of different tickers, each with its own trading style, timeframe, strategy, performance statistics, and set of covered securities. Rather than presenting every available bot, the platform highlights only those most aligned with the present market environment, helping traders filter signal from noise across a broad universe that includes names such as ET and WES. For investors seeking a systematic, data-driven approach to stock selection and timing, exploring Trending AI Robots offers a practical starting point.
Head-to-Head Comparison
The clearest contrast between the two names is scale and diversification. ET operates a sprawling, multi-basin and multi-product platform that reduces reliance on any single region or commodity, while WES concentrates its growth in the Delaware Basin, offering focused upside but narrower risk diversification.
On growth drivers, ET benefits from export expansion, data-center demand, acquisitions, and a deep organic backlog. WES leans on Permian volume growth, produced-water infrastructure, and commodity-linked processing contracts. In terms of income, WES carries the higher headline yield near 8%, while ET trades at a roughly 6.7% yield with stronger distribution coverage.
Risk factors differ as well: WES faces basin-concentration and commodity-price sensitivity, whereas ET must manage a large capital program and acquisition-integration risk. On recent momentum and market sentiment, ET has shown more consistent relative strength, while WES has experienced a near-term pullback despite solid fundamentals.
Tickeron AI Verdict
Based on observable factors including trend consistency, diversification, distribution coverage, and relative market positioning, Tickeron's AI would likely favor ET at present. The partnership's repeated guidance raises, broad-based volume growth, and diversified catalyst set suggest a steadier trend profile than WES, whose near-term momentum has softened despite strong operational results. While WES offers a higher yield and compelling basin-level growth, its concentrated exposure introduces greater variability. This assessment reflects a probabilistic view of current conditions rather than a definitive prediction, and investors should weigh both names against their own objectives and risk tolerance.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ET is a Hold and WES is a Hold.
ET sees MACD Histogram just turned negative
ET saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 04, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 56 instances where the indicator turned negative. In 24 of the 56 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 43%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 04, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ET as a result. In 32 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 36%.
ET moved below its 50-day moving average on November 02, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ET declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 37%.
The Aroon Indicator for ET entered a downward trend on October 27, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ET's RSI Oscillator exited the oversold zone, 9 of 12 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +0.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where ET advanced for three days, in 194 of 360 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
ET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 9 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 45, placing this stock better than average.
The Tickeron Valuation Rating of 41 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.844) is normal, around the industry mean (147.140). P/E Ratio (12.784) is within average values for comparable stocks, (6.511). Projected Growth (PEG Ratio) (0.613) is also within normal values, averaging (13.660). Dividend Yield (0.072) settles around the average of (15719315456.000) among similar stocks. P/S Ratio (0.679) is also within normal values, averaging (4.657).
The Tickeron PE Growth Rating for this company is 54 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 56 (best 1 - 100 worst), indicating steady price growth. ET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
Momentum Indicator for WES turns negative, indicating new downward trend
WES saw its Momentum Indicator move below the 0 level on November 04, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 102 similar instances where the indicator turned negative. In 44 of the 102 cases, the stock moved further down in the following days. The odds of a decline are at 43%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for WES turned negative on November 05, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In 22 of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at 40%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WES declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 41%.
The Aroon Indicator for WES entered a downward trend on October 28, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +3.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where WES advanced for three days, in 223 of 345 cases, the price rose further within the following month. The odds of a continued upward trend are 65%.
WES may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 7 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 45, placing this stock better than average.
The Tickeron SMR rating for this company is 31 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 33 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 60 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.867) is normal, around the industry mean (147.140). P/E Ratio (12.571) is within average values for comparable stocks, (6.511). Projected Growth (PEG Ratio) (0.070) is also within normal values, averaging (13.660). Dividend Yield (0.093) settles around the average of (15719315456.000) among similar stocks. P/S Ratio (4.294) is also within normal values, averaging (4.657).
The Tickeron Price Growth Rating for this company is 60 (best 1 - 100 worst), indicating fairly steady price growth. WES’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
ET | WES | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 8 | 11 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 41 Fair valued | 60 Fair valued | |
PROFIT vs RISK RATING 1..100 | 9 | 7 | |
SMR RATING 1..100 | 58 | 31 | |
PRICE GROWTH RATING 1..100 | 56 | 60 | |
P/E GROWTH RATING 1..100 | 54 | 33 | |
SEASONALITY SCORE 1..100 | 65 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ET's Valuation (41) in the Oil And Gas Pipelines industry is in the same range as WES (60) in the Oil Refining Or Marketing industry. This means that ET’s stock grew similarly to WES’s over the last 12 months.
WES's Profit vs Risk Rating (7) in the Oil Refining Or Marketing industry is in the same range as ET (9) in the Oil And Gas Pipelines industry. This means that WES’s stock grew similarly to ET’s over the last 12 months.
WES's SMR Rating (31) in the Oil Refining Or Marketing industry is in the same range as ET (58) in the Oil And Gas Pipelines industry. This means that WES’s stock grew similarly to ET’s over the last 12 months.
ET's Price Growth Rating (56) in the Oil And Gas Pipelines industry is in the same range as WES (60) in the Oil Refining Or Marketing industry. This means that ET’s stock grew similarly to WES’s over the last 12 months.
WES's P/E Growth Rating (33) in the Oil Refining Or Marketing industry is in the same range as ET (54) in the Oil And Gas Pipelines industry. This means that WES’s stock grew similarly to ET’s over the last 12 months.
| ET | WES | |
|---|---|---|
| RSI ODDS (%) | 7 days ago 75% | 3 days ago 80% |
| Stochastic ODDS (%) | 3 days ago 64% | 3 days ago 87% |
| Momentum ODDS (%) | 3 days ago 36% | 3 days ago 43% |
| MACD ODDS (%) | 3 days ago 43% | 3 days ago 40% |
| TrendWeek ODDS (%) | 3 days ago 38% | 3 days ago 40% |
| TrendMonth ODDS (%) | 3 days ago 33% | 3 days ago 35% |
| Advances ODDS (%) | 10 days ago 54% | 10 days ago 65% |
| Declines ODDS (%) | 4 days ago 37% | 4 days ago 41% |
| BollingerBands ODDS (%) | 3 days ago 69% | 3 days ago 75% |
| Aroon ODDS (%) | 3 days ago 24% | 3 days ago 30% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ET’s FA Score shows that 1 FA rating(s) are green while WES’s FA Score has 3 green FA rating(s).
- ET’s FA Score: 1 green, 4 red.
- WES’s FA Score: 3 green, 2 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ET’s TA Score shows that 4 TA indicator(s) are bullish while WES’s TA Score has 4 bullish TA indicator(s).
- ET’s TA Score: 4 bullish, 5 bearish.
- WES’s TA Score: 4 bullish, 4 bearish.
Price Growth
ET (@Oil & Gas Pipelines) experienced а -7.87% price change this week, while WES (@Oil & Gas Pipelines) price change was -12.34% for the same time period.
The average weekly price growth across all stocks in the @Oil & Gas Pipelines industry was -10.66%. For the same industry, the average monthly price growth was -11.48%, and the average quarterly price growth was -6.93%.
Reported Earning Dates
ET is expected to report earnings on Feb 17, 2027.
WES is expected to report earnings on Feb 24, 2027.
Industries' Descriptions
@Oil & Gas Pipelines (-10.66% weekly)Oil & Gas Pipelines industry includes companies that transport natural gas and crude oil through pipelines. These companies also collect and market the fuels. The pipeline segment could be considered as a midstream operation – functioning as a link between the upstream and downstream operations in the oil and gas industry. Some of the largest U.S. pipeline players include Enterprise Products Partners L.P, TC Energy Corporation and Energy Transfer, L.P.
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ET and
Correlation & Price change
A.I.dvisor indicates that over the last year, ET has been loosely correlated with OKE. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if ET jumps, then OKE could also see price increases.
WES and
Correlation & Price change
A.I.dvisor indicates that over the last year, WES has been loosely correlated with TRGP. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if WES jumps, then TRGP could also see price increases.
| Ticker / NAME | Correlation To WES | 1D Price Change % | ||
|---|---|---|---|---|
| WES | 100% | N/A | ||
| TRGP - WES | 60% Loosely correlated | -2.66% | ||
| OKE - WES | 59% Loosely correlated | -1.23% | ||
| PAA - WES | 57% Loosely correlated | -2.49% | ||
| PAGP - WES | 55% Loosely correlated | -2.31% | ||
| ET - WES | 55% Loosely correlated | +0.38% | ||
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