WES
Western Midstream Partners, LPCompany Information
- Company Name
- Western Midstream Partners, LP
- CIK
- CIK0001423902
- Category
- Large accelerated filer
- Ticker: Exchange
- WES: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4922
- SIC Description
- Natural Gas Transmission
- Ticker
- WES
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-08-12
- Last sale
- 2026-02-12
- Shares purchased (TTM)
- 6,390
- Shares sold (TTM)
- 5,879
Institutional Sentiment
- As of
- —
- Institutional shares owned
- —
- Shares outstanding
- —
- Ownership
- —
Earnings Market Reaction
- Filing date
- 2026-05-06
- Price on filing date
- —
- 1-month reaction
- 3.93%
- 3-month reaction
- 15.08%
Balance Sheet
Values in millions ($)| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 647 | 819 | 177 | 130 | 448 | 1,090 | 1,125 | 344 | 295 | 273 | 489 | 214 | ||||||
| Accounts And Other Receivables Net Current | 823 | 773 | 683 | 705 | 673 | 702 | 672 | 684 | 720 | 667 | 615 | 554 | ||||||
| Other Assets Current | 69 | 64 | 57 | 71 | 68 | 55 | 36 | 40 | 51 | 53 | 31 | 29 | ||||||
| Assets Current | 1,539 | 1,657 | 917 | 905 | 1,190 | 1,847 | 1,833 | 1,068 | 1,066 | 992 | 1,136 | 797 | ||||||
Property Plant And Equipment Net | ||||||||||||||||||
| Property Plant And Equipment Gross | 17,865 | 17,648 | 15,986 | 15,847 | 15,678 | 15,510 | 15,342 | 15,148 | 15,158 | 14,945 | 13,809 | 13,741 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 6,571 | 6,427 | 6,260 | 6,107 | 5,950 | 5,795 | 5,647 | 5,503 | 5,432 | 5,290 | 5,145 | 5,140 | ||||||
| Property Plant And Equipment Net | 11,295 | 11,221 | 9,726 | 9,740 | 9,727 | 9,715 | 9,696 | 9,644 | 9,725 | 9,655 | 8,664 | 8,601 | ||||||
| Goodwill | 348 | 353 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||||||
| Intangible Assets Net Excluding Goodwill | 902 | 914 | 626 | 634 | 642 | 650 | 658 | 666 | 673 | 681 | 689 | 697 | ||||||
| Equity Method Investments | 496 | 505 | 511 | 524 | 528 | 541 | 535 | 541 | 546 | 905 | 915 | 920 | ||||||
| Other Assets Noncurrent | 345 | 349 | 341 | 352 | 366 | 387 | 255 | 257 | 249 | 233 | 217 | 199 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Trade Current | 414 | 319 | 297 | 357 | 357 | 313 | 387 | 365 | 377 | 362 | 393 | 359 | ||||||
| Long Term Debt And Capital Lease Obligations Current | 446 | 449 | 13 | 13 | 351 | 1,011 | 1,008 | 9 | 108 | 618 | 2 | 3 | ||||||
| Accrual For Taxes Other Than Income Taxes Current | 50 | 60 | 51 | 35 | 46 | 38 | 47 | 35 | 49 | 61 | 50 | 36 | ||||||
| Accrued Liabilities Current | 498 | 408 | 279 | 289 | 257 | 329 | 204 | 226 | 174 | 263 | 190 | 224 | ||||||
| Liabilities Current | 1,407 | 1,236 | 640 | 695 | 1,011 | 1,692 | 1,646 | 634 | 708 | 1,304 | 636 | 622 | ||||||
Liabilities Noncurrent | ||||||||||||||||||
| Long Term Debt And Capital Lease Obligations | 8,194 | 8,195 | 6,924 | 6,924 | 6,925 | 6,927 | 6,929 | 7,138 | 7,272 | 7,284 | 7,260 | 6,824 | ||||||
| Deferred Income Tax Liabilities Net | 112 | 111 | 32 | 32 | 31 | 30 | 30 | 16 | 16 | 15 | 15 | 15 | ||||||
| Asset Retirement Obligations Noncurrent | 443 | 428 | 390 | 385 | 379 | 370 | 375 | 372 | 367 | 359 | 308 | 302 | ||||||
| Other Liabilities Noncurrent | 1,261 | 865 | 810 | 790 | 777 | 751 | 624 | 597 | 527 | 480 | 452 | 434 | ||||||
| Liabilities Noncurrent | 10,010 | 9,599 | 8,156 | 8,131 | 8,112 | 8,078 | 7,958 | 8,122 | 8,181 | 8,138 | 8,036 | 7,575 | ||||||
Partners Capital Including Portion Attributable To Noncontrolling Interest | ||||||||||||||||||
| Limited Partners Capital Account | 3,362 | 4,017 | 3,173 | 3,179 | 3,183 | 3,225 | 3,226 | 3,271 | 3,226 | 2,894 | 2,822 | 2,889 | ||||||
| General Partners Capital Account | 4 | 5 | 9 | 10 | 10 | 11 | 11 | 12 | 11 | 3 | 2 | 0 | ||||||
| Partners Capital | 3,366 | 4,021 | 3,182 | 3,189 | 3,193 | 3,236 | 3,237 | 3,283 | 3,237 | 2,897 | 2,824 | 2,889 | ||||||
| Partners Capital Attributable To Noncontrolling Interest | 141 | 142 | 146 | 144 | 140 | 140 | 141 | 141 | 139 | 132 | 131 | 133 | ||||||
| Partners Capital Including Portion Attributable To Noncontrolling Interest | 3,507 | 4,163 | 3,329 | 3,333 | 3,334 | 3,375 | 3,378 | 3,424 | 3,376 | 3,029 | 2,955 | 3,022 | ||||||
| Liabilities And Stockholders Equity | 14,925 | 14,998 | 12,125 | 12,160 | 12,457 | 13,145 | 12,981 | 12,181 | 12,265 | 12,472 | 11,627 | 11,219 | ||||||
| Limited Partners Capital Account Units Issued | 394 | 408 | 381 | 381 | 381 | 381 | 381 | 380 | 380 | 380 | 380 | 385 | ||||||
| Limited Partners Capital Account Units Outstanding | 394 | 408 | 381 | 381 | 381 | 381 | 381 | 380 | 380 | 380 | 380 | 385 | ||||||
| General Partners Capital Account Units Issued | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | ||||||
| General Partners Capital Account Units Outstanding | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | ||||||
| Assets | 14,925 | 14,998 | 12,125 | 12,160 | 12,457 | 13,145 | 12,981 | 12,181 | 12,265 | 12,472 | 11,627 | 11,219 | ||||||
| Liabilities | 11,418 | 10,835 | 8,797 | 8,826 | 9,123 | 9,770 | 9,604 | 8,756 | 8,889 | 9,442 | 8,671 | 8,197 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialWestern Midstream Partners, LP (WES) — SEC Financial Statements & Analysis
Western Midstream Partners, LP (WES) is a natural gas transmission company, incorporated in DE. Western Midstream Partners, LP trades on NYSE as: WES. Western Midstream Partners, LP (WES)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-06. Based on that filing, On profitability, Western Midstream Partners, LP posts a gross margin of 93.37%, an operating margin of 41.01%, a net margin of 30.18%, a Return on Equity (ROE) of 37.27%, a Return on Assets (ROA) of 8.93%, and a Return on Invested Capital (ROIC) of 15.24%. Over the trailing year, it posted revenue growth of 11.43% year-over-year and net income growth of -9.29% year-over-year. On the balance sheet, it maintains a current ratio of 1.09x, a quick ratio of 1.09x, working capital of $132.25M, a debt-to-equity ratio of 3.39x, a debt ratio of 0.77, an interest coverage ratio of 4.08x, free cash flow of $2.50B (TTM), and net debt of $7.99B. Figures sourced from SEC EDGAR.
- ROE TTM
- 37.27%
- ROA TTM
- 8.93%
- Debt To Equity
- 3.39x
- Free Cash Flow TTM
- $2.50B
- Net Revenue TTM Growth 1Y
- 11.43%
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Western Midstream Partners, LP in?
Western Midstream Partners, LP (WES) operates in the Natural Gas Transmission industry.
What exchange does WES trade on?
Western Midstream Partners, LP (WES) trades on the NYSE.
Where is Western Midstream Partners, LP incorporated?
Western Midstream Partners, LP is incorporated in DE.
When was Western Midstream Partners, LP (WES)'s most recent SEC filing?
Western Midstream Partners, LP (WES)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-06.
What is WES's ROE (return on equity)?
Western Midstream Partners, LP (WES)'s trailing twelve month Return on Equity (ROE) is 37.27% as of 2026-03-31.
What is WES's ROA (return on assets)?
Western Midstream Partners, LP (WES)'s trailing twelve month Return on Assets (ROA) is 8.93% as of 2026-03-31.
What is WES's ROIC (return on invested capital)?
Western Midstream Partners, LP (WES)'s trailing twelve month Return on Invested Capital (ROIC) is 15.24% as of 2026-03-31.

