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

Western Midstream Partners, LP (WES) Current ratio

Alert me on Current ratio

Western Midstream Partners, LP's current ratio at the end of the quarter to 30 September 2026 was 0.8×, down 0.5× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 0.5× (fiscal 2018) to 1.9× (fiscal 2016); the current reading is higher than 91% of that period. That is below the Oil & Gas Midstream industry median of 1.2× and below the Energy sector median of 1.3×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× 22.72%
FY2024 1.1× 43.48%
FY2023 0.8× (23.61%)
FY2022 1.0× 65.87%
FY2021 0.6× (38.80%)
FY2020 1.0× 18.51%
FY2019 0.8× 53.13%
FY2018 0.5× (10.06%)
FY2017 0.6× (68.16%)
FY2016 1.9× 47.61%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.8× (10.65%)
Jun 2026 0.9× (16.68%)
Mar 2026 1.1× (18.36%)
Dec 2025 1.3× (6.41%)
43 more quarters

Against its own ten years

Low 0.5× High 1.9×
Ten-year median 1.0×
Current reading's percentile 91

Current ratio against peers

Company Current ratio
VNOM Viper Energy Inc. compare 5.9×
FRO Frontline PLC compare 1.9×
CQP Cheniere Energy Partners, L.P. compare 1.2×
VG Venture Global, Inc. compare 1.2×
DTM DT Midstream, Inc. compare 1.2×
PAGP Plains Group Holdings, L.P. compare 1.1×
PAA Plains All American Pipeline, L.P. compare 1.1×
WES Western Midstream Partners, LP 0.8×
PBA Pembina Pipeline Corp. compare 0.6×
Oil & Gas Midstream industry median 1.2×
Energy sector median 1.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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