Western Midstream Partners (WES) Capital Expenditures (2012 - 2026)
Western Midstream Partners' Capital Expenditures was $270.37 million in Q2 2026, up 51.4% from $178.62 million a year earlier and up 14.7% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Capital Expenditures (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Western Midstream Partners' Capital Expenditures was $913.08 million through Jun 30, 2026, up 21.9% year-over-year; for FY2025, it came in at $728 million, down 12.7% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $833.9 million in FY2024 (+13.4%), $735.1 million in FY2023 (+50.9%), $487.23 million in FY2022 (+55.3%) and $313.67 million in FY2021 (-26.0%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures since Q2 2019.
- Compared with a year earlier, Capital Expenditures was higher in three of the last eight quarters, with growth averaging 9.9%.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2023 (growth of 106.1%); the worst was Q1 2025 (a decline of 26.5%).
- Per Business Quant data, WES's Capital Expenditures in the three quarters before Q2 2026 was $235.73 million (Q1 2026), $222.2 million (Q4 2025) and $184.78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn | 1.83 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - | 1.16 Bn |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn | 982.00 Mn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn | 1.56 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn | -773.53 Mn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn | 1.01 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn | 1.18 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn | 825.00 Mn |
| 10 | Western Midstream Partners | 17.75 Bn | 16.00 Bn | 1.11 Bn | 270.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270.37 Mn |
| Mar 31, 2026 | 235.73 Mn |
| Dec 31, 2025 | 222.20 Mn |
| Sep 30, 2025 | 184.78 Mn |
| Jun 30, 2025 | 178.62 Mn |
| Mar 31, 2025 | 142.40 Mn |
| Dec 31, 2024 | 238.80 Mn |
| Sep 30, 2024 | 189.40 Mn |
| Jun 30, 2024 | 211.90 Mn |
| Mar 31, 2024 | 193.80 Mn |
| Dec 31, 2023 | 198.67 Mn |
| Sep 30, 2023 | 201.86 Mn |
| Jun 30, 2023 | 161.48 Mn |
| Mar 31, 2023 | 173.09 Mn |
| Dec 31, 2022 | 145.72 Mn |
| Sep 30, 2022 | 150.15 Mn |
| Jun 30, 2022 | 107.39 Mn |
| Mar 31, 2022 | 83.97 Mn |
| Dec 31, 2021 | 93.92 Mn |
| Sep 30, 2021 | 79.83 Mn |
API Access
Western Midstream Partners Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();