Western Midstream Partners (WES) Common Equity (2012 - 2026)
Western Midstream Partners' Common Equity was $4.4 billion in Q2 2026, up 32.1% from $3.33 billion a year earlier and up 25.5% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Common Equity (2012 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Western Midstream Partners came in at $4.16 billion, up 23.3% from FY2024.
- Common Equity shows a five-year compound annual growth rate of 7.5% (FY2020 to FY2025).
- In earlier years, Common Equity was $3.38 billion in FY2024 (+11.4%), $3.03 billion in FY2023 (-2.5%), $3.11 billion in FY2022 (+0.4%) and $3.1 billion in FY2021 (+6.9%).
- The Q2 2026 figure marks the highest quarterly Common Equity since Q4 2018.
- Compared with a year earlier, Common Equity has increased for three straight quarters, with growth averaging 10.1% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was Q2 2026 (growth of 32.1%); the worst was Q2 2023 (a decline of 8.6%).
- Per Business Quant data, WES's Common Equity in the three quarters before Q2 2026 was $3.51 billion (Q1 2026), $4.16 billion (Q4 2025) and $3.33 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.00 Bn | 100.60 Bn | 4.84 Bn | 47.93 Bn |
| 2 | Williams Companies | 89.05 Bn | 87.77 Bn | 2.54 Bn | 13.19 Bn |
| 3 | Enterprise Products Partners | 79.52 Bn | 77.91 Bn | - | 31.06 Bn |
| 4 | Kinder Morgan | 75.59 Bn | 75.30 Bn | 3.07 Bn | 32.88 Bn |
| 5 | Energy Transfer | 69.22 Bn | 62.41 Bn | 7.40 Bn | 50.52 Bn |
| 6 | Tc Energy | 65.18 Bn | 61.27 Bn | 2.81 Bn | 19.54 Bn |
| 7 | Targa Resources | 63.78 Bn | 63.26 Bn | 2.14 Bn | 3.80 Bn |
| 8 | Cheniere Energy | 59.21 Bn | 54.03 Bn | 5.29 Bn | 11.49 Bn |
| 9 | Oneok | 58.98 Bn | 57.37 Bn | 2.81 Bn | 23.04 Bn |
| 10 | Western Midstream Partners | 17.79 Bn | 16.04 Bn | 1.11 Bn | 4.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.40 Bn |
| Mar 31, 2026 | 3.51 Bn |
| Dec 31, 2025 | 4.16 Bn |
| Sep 30, 2025 | 3.33 Bn |
| Jun 30, 2025 | 3.33 Bn |
| Mar 31, 2025 | 3.33 Bn |
| Dec 31, 2024 | 3.38 Bn |
| Sep 30, 2024 | 3.38 Bn |
| Jun 30, 2024 | 3.42 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Dec 31, 2023 | 3.03 Bn |
| Sep 30, 2023 | 2.96 Bn |
| Jun 30, 2023 | 3.02 Bn |
| Mar 31, 2023 | 3.10 Bn |
| Dec 31, 2022 | 3.11 Bn |
| Sep 30, 2022 | 3.01 Bn |
| Jun 30, 2022 | 3.31 Bn |
| Mar 31, 2022 | 3.27 Bn |
| Dec 31, 2021 | 3.10 Bn |
| Sep 30, 2021 | 3.10 Bn |
API Access
Western Midstream Partners Common Equity 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=common-equity&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();