John makes a deal with Governor Perry, Beth is uneasy about a hospitality company's presence near the ranch, Monica asks for a favor, and Jamie gets a new opportunity.

The Duttons open camp, which proves to be the best therapy for Tate. Jamie and Hendon agree to teach a lesson to two criminals, but it does not go as intended. Beth learns more about Roarke's business plans. Teeter joins the bunkhouse.

Jamie plays cover-up and damage control with Hendon. Governor Perry hears a $6 billion pitch for a development right on the Yellowstone, and later makes some political maneuvers. Jimmy competes in a rodeo competition.

Jimmy gets help with his recovery, Thomas Rainwater obtains an ally, Beth takes advantage of an opportunity, Gov. Perry talks to Kayce, and uninvited guests visit Yellowstone.

Beth is haunted by her past, Jamie assumes a new role, Kayce helps a family in need, John and Thomas Rainwater find common ground, and Beth's battle with Roarke intensifies.

Kayce and Monica help search for a missing Indigenous woman, Market Equities presents Jamie with a lucrative offer, and John finds out about Beth and Jamie's secret.

Kayce gains the local ranchers' appreciation, Beth makes a gamble, Monica steps into a dangerous situation, Wade sends John a message, and John keeps a promise.

Rip and Kayce must work together to solve an unresolved issue, Beth's plan backfires, Jamie searches for answers about his past, and the ranch hands seek revenge.

Jamie calls a meeting, Beth retaliates, Thomas Rainwater makes John an offer, Mia gives Jimmy an ultimatum, and Kayce receives a surprising endorsement.