Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
40.10
+0.25 (0.63%)
Nov 6, 2026, 1:11 PM EST - Market open
WES Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 44.5 | 819.49 | 1,090 | 272.79 | 286.66 | 202 |
Cash & Short-Term Investments | 44.5 | 819.49 | 1,090 | 272.79 | 286.66 | 202 |
Cash Growth | -74.90% | -24.85% | 299.75% | -4.84% | 41.91% | -54.60% |
Accounts Receivable | 1,074 | 762.57 | 713.58 | 675.49 | 552.24 | 436.96 |
Other Receivables | - | 26.23 | 7.87 | 5.8 | 38.06 | 30.17 |
Receivables | 1,074 | 788.8 | 721.45 | 681.29 | 590.3 | 467.13 |
Inventory | - | 12.84 | 3.13 | 2.56 | 3.8 | 3.37 |
Prepaid Expenses | - | 16.11 | 15.42 | 21.07 | 13.26 | 10.37 |
Other Current Assets | 65.22 | 19.7 | 16.73 | 14.71 | 6.41 | 1.9 |
Total Current Assets | 1,183 | 1,657 | 1,847 | 992.41 | 900.43 | 684.76 |
Property, Plant & Equipment | 12,595 | 11,409 | 9,934 | 9,739 | 8,609 | 8,585 |
Long-Term Investments | 512.89 | 504.86 | 541.44 | 904.54 | 944.7 | 1,167 |
Goodwill | 394.2 | 353.26 | 4.78 | 4.78 | 4.78 | 4.78 |
Other Intangible Assets | 1,409 | 913.76 | 649.74 | 681.41 | 713.08 | 744.74 |
Long-Term Accounts Receivable | - | 7.13 | 30.83 | 29.7 | 19.18 | 17.25 |
Other Long-Term Assets | 340.31 | 153.65 | 136.7 | 119.48 | 80.78 | 69.72 |
Total Assets | 16,434 | 14,998 | 13,145 | 12,472 | 11,272 | 11,273 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 555.76 | 319.17 | 312.95 | 362.45 | 360.56 | 326.06 |
Accrued Expenses | 626.28 | 360.94 | 280.35 | 285.22 | 283.35 | 258.43 |
Short-Term Debt | 270.93 | - | - | 610.31 | - | - |
Current Portion of Long-Term Debt | - | 440.21 | 1,000 | - | 213.12 | 502.14 |
Current Portion of Leases | - | 73.92 | 69.85 | 18.7 | 13 | 14.35 |
Current Income Taxes Payable | - | 9.43 | 4.59 | 2.91 | 2.43 | 1.52 |
Current Unearned Revenue | - | 22.88 | 11.06 | 16.87 | 20.9 | 27.76 |
Other Current Liabilities | - | 9.94 | 12.83 | 7.61 | 10.49 | 9.93 |
Total Current Liabilities | 1,453 | 1,236 | 1,692 | 1,304 | 903.86 | 1,140 |
Long-Term Debt | 8,884 | 8,183 | 6,903 | 7,255 | 6,565 | 6,399 |
Long-Term Leases | - | 122.55 | 167.13 | 77.13 | 37.48 | 36.98 |
Long-Term Unearned Revenue | - | 744.27 | 599.52 | 428.63 | 348.38 | 285.38 |
Long-Term Deferred Tax Liabilities | 121.31 | 111.28 | 29.68 | 15.47 | 14.42 | 12.43 |
Other Long-Term Liabilities | 1,628 | 437.98 | 378.28 | 362.31 | 293.95 | 303.26 |
Total Liabilities | 12,086 | 10,835 | 9,770 | 9,442 | 8,164 | 8,177 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 4,205 | 4,017 | 3,225 | 2,894 | 2,970 | 2,967 |
Total Common Equity | 4,205 | 4,017 | 3,225 | 2,894 | 2,970 | 2,967 |
Minority Interest | 143.21 | 146.52 | 150.37 | 134.9 | 138.51 | 128.81 |
Shareholders' Equity | 4,348 | 4,163 | 3,375 | 3,029 | 3,108 | 3,096 |
Total Liabilities & Equity | 16,434 | 14,998 | 13,145 | 12,472 | 11,272 | 11,273 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 9,155 | 8,819 | 8,140 | 7,961 | 6,829 | 6,953 |
Net Cash (Debt) | -9,110 | -8,000 | -7,050 | -7,688 | -6,542 | -6,751 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -22.51 | -20.62 | -18.43 | -20.00 | -16.51 | -16.38 |
Filing Date Shares Outstanding | 413.22 | 393.67 | 381.32 | 380.48 | 384.89 | 403.55 |
Total Common Shares Outstanding | 413.18 | 408.14 | 380.56 | 379.52 | 384.07 | 402.99 |
Working Capital | -269.66 | 420.46 | 155.5 | -311.65 | -3.43 | -455.43 |
Book Value Per Share | 10.18 | 9.84 | 8.47 | 7.63 | 7.73 | 7.36 |
Tangible Book Value | 2,402 | 2,750 | 2,570 | 2,208 | 2,252 | 2,217 |
Tangible Book Value Per Share | 5.81 | 6.74 | 6.75 | 5.82 | 5.86 | 5.50 |
Land | - | 111.35 | 13.04 | 12.5 | 10.98 | 10.96 |
Machinery | - | 5,474 | 3,917 | 3,652 | 3,199 | 3,055 |
Construction In Progress | - | 435.95 | 460.06 | 479.37 | 263.35 | 98.47 |