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) Revenue growth

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Western Midstream Partners, LP's revenue growth over the twelve months to 30 September 2026 was 22.3%, up 15.7 percentage points from fiscal 2025 (6.61%). Over the past ten years it has ranged from −5.35% (fiscal 2018) to 34.7% (fiscal 2017); the current reading is higher than 55% of that period. That is above the Oil & Gas Midstream industry median of 14.9% and above the Energy sector median of 13.1%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 6.61% (9.45)
FY2024 16.1% 20.53
FY2023 −4.47% (17.49)
FY2022 13.0% 9.25
FY2021 3.77% 2.81
FY2020 0.96% (18.46)
FY2019 19.4% 24.77
FY2018 −5.35% (40.01)
FY2017 34.7% 31.68
FY2016 2.98% (11.28)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 25.4% (4.59)
Jun 2026 30.0% 7.46
Mar 2026 22.5% 11.42
Dec 2025 11.1% 3.27
43 more quarters

Against its own ten years

Low −5.35% High 34.7%
Ten-year median 6.61%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
VG Venture Global, Inc. compare 100.7%
VNOM Viper Energy Inc. compare 92.1%
FRO Frontline PLC compare 63.5%
WES Western Midstream Partners, LP 22.3%
DTM DT Midstream, Inc. compare 13.4%
CQP Cheniere Energy Partners, L.P. compare 13.2%
PAA Plains All American Pipeline, L.P. compare 13.1%
PAGP Plains Group Holdings, L.P. compare 13.1%
PBA Pembina Pipeline Corp. compare 2.50%
Oil & Gas Midstream industry median 14.9%
Energy sector median 13.1%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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