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) Total debt

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Western Midstream Partners, LP's total debt at the end of fiscal 2025 was $8.6B, up 8.90% from $7.9B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $9.2B. Over the past ten years it has ranged from $2.9B (fiscal 2015) to $8.6B (fiscal 2025) — the current reading is the highest in ten years. Western Midstream Partners, LP ranks 14th of 53 Oil & Gas Midstream companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $8.6B 8.90%
FY2024 $7.9B 0.46%
FY2023 $7.9B 16.45%
FY2022 $6.8B (1.75%)
FY2021 $6.9B (12.07%)
FY2020 $7.9B (1.32%)
FY2019 $8.0B 51.81%
FY2018 $5.2B 50.11%
FY2017 $3.5B 10.50%
FY2016 $3.2B 9.78%

Quarterly newest first

Period Total debt Change
Sep 2026 $9.2B 1.12%
Jun 2026 $9.1B 4.78%
Mar 2026 $8.6B (0.05%)
Dec 2025 $8.6B 24.60%
43 more quarters

Against its own ten years

Low $2.9B High $8.6B
Ten-year median $6.9B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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