Western Midstream Partners, LP

Western Midstream Partners, LPverified

WES

Price:

$40.3

Market Cap:

$15.36B

Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates 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 P...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2012-12-10

Stock Exchange

NYSE

Ticker

WES

The Enterprise Value as of December 2025 (TTM) for Western Midstream Partners, LP (WES) is 15.19B

According to Western Midstream Partners, LP’s latest financial reports and current stock price. The company's current Enterprise Value is 15.19B. This represents a change of -24.61% compared to the average of 20.15B of the last 4 quarters.

Western Midstream Partners, LP (WES) Historical Enterprise Value (quarterly & annually)

How has WES Enterprise Value performed in the past?

The mean historical Enterprise Value of Western Midstream Partners, LP over the last ten years is 14.85B. The current 15.19B Enterprise Value has changed 10.13% with respect to the historical average. Over the past ten years (40 quarters), WES's Enterprise Value was at its highest in in the March 2025 quarter at 22.49B. The Enterprise Value was at its lowest in in the March 2020 quarter at 9.39B.

Quarterly (TTM)
Annual

Average

14.85B

Median

14.69B

Minimum

10.54B

Maximum

21.67B

Western Midstream Partners, LP (WES) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Western Midstream Partners, LP Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 43.04%

Maximum Annual Enterprise Value = 21.67B

Minimum Annual Increase = -32.21%

Minimum Annual Enterprise Value = 10.54B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202421.67B14.68%
202318.90B10.20%
202217.15B7.77%
202115.91B18.14%
202013.47B-16.09%
201916.05B43.04%
201811.22B-2.83%
201711.55B-4.02%
201612.03B14.20%
201510.54B-32.21%

Western Midstream Partners, LP (WES) Average Enterprise Value

How has WES Enterprise Value performed in the past?

The current Enterprise Value of Western Midstream Partners, LP (WES) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

19.24B

5-year avg

17.42B

10-year avg

14.85B

Western Midstream Partners, LP (WES) Enterprise Value vs. Peers

How is WES’s Enterprise Value compared to its peers?

Western Midstream Partners, LP’s Enterprise Value is greater than Viper Energy, Inc. (14.12B), less than YPF Sociedad Anónima (31680.82T), greater than Plains All American Pipeline, L.P. (7.11B), less than DT Midstream, Inc. (15.63B), greater than Hess Midstream LP (10.89B), greater than Antero Midstream Corporation (11.74B), less than Coterra Energy Inc. (24.64B), greater than Nextpower Inc. (12.61B), less than Venture Global, Inc. (48.62B), less than TechnipFMC plc (19.71B),

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Frequently asked questions❓

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