Western Midstream Partners (WES) Enterprise Value (2012 - 2026)
Western Midstream Partners' Enterprise Value came in at $17.98 billion for Q2 2026, up 22.9% from $14.63 billion a year earlier and up 15.5% from the prior quarter.
Powered by 
Analysis
Western Midstream Partners (WES) Enterprise Value (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Western Midstream Partners reported Enterprise Value of $16.33 billion, up 36.5% year-over-year; for FY2025, it was $14.73 billion, up 8.6% from FY2024.
- Enterprise Value has increased in each of the last five years, with a five-year compound annual growth rate of 22.9% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $13.56 billion in FY2024 (+24.9%), $10.86 billion in FY2023 (+8.1%), $10.05 billion in FY2022 (+14.4%) and $8.78 billion in FY2021 (+66.9%).
- The Q2 2026 figure represents the highest quarterly Enterprise Value in data going back to Q4 2012.
- Year-over-year, Enterprise Value has increased for four consecutive quarters, with growth averaging 15.9% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2021 (growth of 165.1%), and the weakest in Q2 2025 (a decline of 1.0%).
- Business Quant data shows WES's Enterprise Value at $15.56 billion (Q1 2026), $14.73 billion (Q4 2025) and $15.85 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 105.00 Bn | 100.60 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.05 Bn | 87.77 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.52 Bn | 77.91 Bn | - |
| 4 | Kinder Morgan | 75.59 Bn | 75.30 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.22 Bn | 62.41 Bn | 7.40 Bn |
| 6 | Tc Energy | 65.18 Bn | 61.27 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.78 Bn | 63.26 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.21 Bn | 54.03 Bn | 5.29 Bn |
| 9 | Oneok | 58.98 Bn | 57.37 Bn | 2.81 Bn |
| 10 | Western Midstream Partners | 17.79 Bn | 16.04 Bn | 1.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.98 Bn |
| Mar 31, 2026 | 15.56 Bn |
| Dec 31, 2025 | 14.73 Bn |
| Sep 30, 2025 | 15.85 Bn |
| Jun 30, 2025 | 14.63 Bn |
| Mar 31, 2025 | 15.16 Bn |
| Dec 31, 2024 | 13.56 Bn |
| Sep 30, 2024 | 13.44 Bn |
| Jun 30, 2024 | 14.77 Bn |
| Mar 31, 2024 | 13.23 Bn |
| Dec 31, 2023 | 10.86 Bn |
| Sep 30, 2023 | 9.84 Bn |
| Jun 30, 2023 | 9.99 Bn |
| Mar 31, 2023 | 10.03 Bn |
| Dec 31, 2022 | 10.05 Bn |
| Sep 30, 2022 | 9.53 Bn |
| Jun 30, 2022 | 9.30 Bn |
| Mar 31, 2022 | 9.92 Bn |
| Dec 31, 2021 | 8.78 Bn |
| Sep 30, 2021 | 8.46 Bn |
API Access
Western Midstream Partners Enterprise Value 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=enterprise-value&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();