Western Midstream Partners, LP
WES Energy Oil & Gas Midstream
Western Midstream Partners, LP’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 6.61% from fiscal 2024. In the quarter to June 2026, revenue grew 30.0%, EPS grew 12.5%, free cash flow fell 36.2% and total debt rose 30.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
Follow WES
A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
359.07 | 79.59 | 92.14 | 99.96 | 444.92 | 202.00 | 286.66 | 272.79 | 1,090.46 | 819.49 |
Receivables |
223.02 | 160.24 | 221.16 | 260.51 | 452.88 | 436.51 | 554.26 | 666.64 | 701.84 | 773.20 |
Other current assets |
13.50 | 15.38 | 31.46 | 41.94 | 45.26 | 46.25 | 59.51 | 52.99 | 54.89 | 64.25 |
Total current assets |
595.59 | 255.21 | 344.76 | 402.41 | 943.06 | 684.76 | 900.43 | 992.41 | 1,847.19 | 1,656.94 |
Property, Plant, Equpment (Net) |
5,049.93 | 5,730.89 | 8,410.35 | 9,064.93 | 8,709.95 | 8,512.91 | 8,541.60 | 9,655.02 | 9,714.61 | 11,220.91 |
Long-Term Investments |
594.21 | 566.21 | 1,092.09 | 1,285.72 | 1,224.81 | 1,167.19 | 944.70 | 904.54 | 541.44 | 504.86 |
Long-term receivables |
260.00 | 260.00 | 260.00 | 260.00 | — | — | — | — | — | — |
Goodwill and Intangible Assets (Total) |
1,221.31 | 1,191.43 | 1,287.21 | 1,255.19 | 781.19 | 749.53 | 717.86 | 686.19 | 654.52 | 1,267.02 |
Long-term assets (Other) |
15.06 | 12.57 | 62.79 | 78.20 | 171.01 | 158.70 | 167.05 | 233.46 | 387.03 | 348.70 |
Total non-current assets |
7,140.51 | 7,761.10 | 11,112.44 | 11,944.04 | 10,886.96 | 10,588.32 | 10,371.20 | 11,479.20 | 11,297.60 | 13,341.48 |
Total Assets |
7,736.10 | 8,016.31 | 11,457.21 | 12,346.45 | 11,830.03 | 11,273.08 | 11,271.63 | 12,471.61 | 13,144.79 | 14,998.42 |
Accounts Payable |
247.08 | 349.80 | 443.34 | 293.13 | 210.69 | 326.06 | 360.56 | 362.45 | 312.95 | 319.17 |
Accrued Expenses |
68.31 | 74.63 | 166.13 | 184.95 | 311.37 | 308.20 | 327.52 | 323.86 | 367.72 | 468.49 |
Current Part of Debt |
— | — | 28.00 | 7.87 | 438.87 | 505.93 | 215.78 | 617.75 | 1,011.03 | 448.83 |
Total current liabilities |
315.39 | 424.43 | 637.48 | 485.95 | 960.94 | 1,140.20 | 903.86 | 1,304.06 | 1,691.69 | 1,236.48 |
Long Term Debt (Total) |
3,160.90 | 3,492.71 | 5,214.87 | 7,951.57 | 7,415.83 | 6,400.62 | 6,569.58 | 7,283.56 | 6,926.65 | 8,195.17 |
Long Term Tax Liability (Deferred) |
6.40 | 7.41 | 280.02 | 18.90 | 22.20 | 12.43 | 14.42 | 15.47 | 29.68 | 111.28 |
Non-current Liabilities (Other) |
142.64 | 146.89 | 432.15 | 544.74 | 535.85 | 624.08 | 675.65 | 839.40 | 1,121.60 | 1,292.37 |
Total non-current liabilities |
3,309.94 | 3,647.01 | 5,927.05 | 8,515.21 | 7,973.88 | 7,037.12 | 7,259.66 | 8,138.42 | 8,077.92 | 9,598.81 |
Total liabilities |
3,625.33 | 4,071.43 | 6,564.52 | 9,001.16 | 8,934.82 | 8,177.32 | 8,163.51 | 9,442.48 | 9,769.62 | 10,835.30 |
Common Stock (Net) |
1,048.14 | 1,061.13 | 951.89 | 3,209.95 | 2,778.34 | 2,966.96 | 2,969.60 | 2,894.23 | 3,224.80 | 4,016.61 |
Shareholders Equity (Other) |
— | — | 1,388.02 | (14.22) | (17.21) | (8.88) | 2.11 | 3.19 | 10.80 | 4.62 |
Common Equity (Total) |
4,110.77 | 3,944.88 | 4,892.68 | 3,345.29 | 2,895.21 | 3,095.76 | 3,108.12 | 3,029.13 | 3,375.17 | 4,163.12 |
Shareholders Equity (Total) |
4,110.77 | 3,944.88 | 4,892.68 | 3,345.29 | 2,895.21 | 3,095.76 | 3,108.12 | 3,029.13 | 3,375.17 | 4,163.12 |
Shareholders Equity and Liabilities (Total) |
7,736.10 | 8,016.31 | 11,457.21 | 12,346.45 | 11,830.03 | 11,273.08 | 11,271.63 | 12,471.61 | 13,144.79 | 14,998.42 |
Shares (Common) |
218.93 | 218.93 | 218.94 | 443.97 | 413.84 | 402.99 | 384.07 | 379.52 | 380.56 | 408.14 |
Shareholders Equity (Tangible) |
2,889.46 | 2,753.45 | 3,605.48 | 2,090.10 | 2,114.02 | 2,346.24 | 2,390.26 | 2,342.94 | 2,720.65 | 2,896.11 |
Net Debt |
2,801.83 | 3,413.12 | 5,150.73 | 7,859.48 | 7,409.78 | 6,704.55 | 6,498.71 | 7,628.52 | 6,847.22 | 7,824.50 |
Total Debt |
3,160.90 | 3,492.71 | 5,242.87 | 7,959.44 | 7,854.70 | 6,906.55 | 6,785.36 | 7,901.30 | 7,937.68 | 8,644.00 |