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Friday 6 November 2026 Export WES’s income statement to Excel — free account

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.

Revenue
+25.4%
EPS
−9.20%
Free cash flow
+44.5%
Total debt
+32.0%

Quarter to September 2026, against a year earlier

39.99 2.55 −5.99%
Market cap
$16.5B
P/E
12.9×
Fwd P/E
12.5×
Dividend yield
9.25%
F-score
4/9
Altman Z
n/a
Beneish M
−2.62
Dividend safety
26/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Western Midstream Partners, LP (WES) Book value per share

Alert me on Book value per share

Western Midstream Partners, LP's book value per share at the end of fiscal 2025 was 10.8×, up 21.5% from 8.9× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 10.5×. Over the past ten years it has ranged from 6.6× (fiscal 2020) to 22.3× (fiscal 2018); the current reading is higher than 64% of that period. Western Midstream Partners, LP ranks 35th of 57 Oil & Gas Midstream companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 10.8× 21.53%
FY2024 8.9× 12.19%
FY2023 7.9× 0.49%
FY2022 7.9× 4.56%
FY2021 7.5× 13.23%
FY2020 6.6× (17.38%)
FY2019 8.0× (64.00%)
FY2018 22.3× 24.02%
FY2017 18.0× (4.04%)
FY2016 18.8× 4.86%

Quarterly newest first

Period Book value per share Change
Sep 2026 10.5× (4.84%)
Jun 2026 11.1× 25.86%
Mar 2026 8.8× (18.51%)
Dec 2025 10.8× 23.53%
43 more quarters

Against its own ten years

Low 6.6× High 22.3×
Ten-year median 8.9×
Current reading's percentile 64

Book value per share against peers

Company Book value per share
PAGP Plains Group Holdings, L.P. compare 77.3×
VNOM Viper Energy Inc. compare 54.0×
DTM DT Midstream, Inc. compare 48.6×
PBA Pembina Pipeline Corp. compare 21.2×
PAA Plains All American Pipeline, L.P. compare 20.2×
FRO Frontline PLC compare 14.2×
WES Western Midstream Partners, LP 10.5×
VG Venture Global, Inc. compare 4.9×
CQP Cheniere Energy Partners, L.P. compare 1.8×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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