Western Midstream Partners, LP logo

Western Midstream Partners, LP

WES
Last price US$47.47
Market cap US$18.7b
12M price change 16.75%
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Western Midstream Partners, LP Overview

Industry: Oil & Gas Midstream

Sector: Energy

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas. Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquid Read More

Mavefund brings filings, fundamentals, valuation, price history and news for Western Midstream Partners, LP into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed May 06, 2026

Quarterly result summary

Stored reported-result values did not pass automated reconciliation.

What changed

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Source review

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Earnings material Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 3.00/5
Western Midstream Partners, LP boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
In Oil & Gas Midstream industry , ENTERPRISE PRODUCTS PARTNERS L.P. , Antero Midstream Corp , Dorian LPG are companies with high ratings.

Return on Equity

Score 1.97/5
Western Midstream Partners, LP exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
Western Mids... WES US$18.7b
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Net Margin

Score 4.83/5
Western Midstream Partners, LP commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
Western Mids... WES US$18.7b
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Share Buyback

In Oil & Gas Midstream industry , ENTERPRISE PRODUCTS PARTNERS L.P. , Antero Midstream Corp , Dorian LPG are companies with high ratings.

Leverage

Score 1.38/5
Western Midstream Partners, LP registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp have achieved high scores.
Western Mids... WES US$18.7b
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

Western Midstream Partners, LP logo

Western Midstream Partners, LP

US$47.47

US$18.7b

3.26%

16.75%