Western Midstream Partners (WES) Market Capitalization (2012 - 2026)
Western Midstream Partners' Market Capitalization was $18.33 billion in Q3 2026, up 22.3% from $14.98 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Market Capitalization (2012 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Western Midstream Partners came in at $15.55 billion, up 6.1% from FY2024.
- Market Capitalization has now increased for five consecutive years, with a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $14.65 billion in FY2024 (+31.6%), $11.13 billion in FY2023 (+7.7%), $10.33 billion in FY2022 (+15.0%) and $8.99 billion in FY2021 (+57.4%).
- The Q3 2026 figure marks the highest quarterly Market Capitalization in data going back to Q4 2012.
- Compared with a year earlier, Market Capitalization has increased for five straight quarters, with growth averaging 12.8% over the last eight quarters.
- The best year-over-year quarter for Market Capitalization over five years was Q4 2021 (growth of 57.4%); the worst was Q2 2025 (a decline of 2.4%).
- Per Business Quant data, WES's Market Capitalization in the three quarters before Q3 2026 was $18.08 billion (Q2 2026), $16.21 billion (Q1 2026) and $15.55 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.33 Bn |
| Jun 30, 2026 | 18.08 Bn |
| Mar 31, 2026 | 16.21 Bn |
| Dec 31, 2025 | 15.55 Bn |
| Sep 30, 2025 | 14.98 Bn |
| Jun 30, 2025 | 14.76 Bn |
| Mar 31, 2025 | 15.61 Bn |
| Dec 31, 2024 | 14.65 Bn |
| Sep 30, 2024 | 14.56 Bn |
| Jun 30, 2024 | 15.12 Bn |
| Mar 31, 2024 | 13.53 Bn |
| Dec 31, 2023 | 11.13 Bn |
| Sep 30, 2023 | 10.33 Bn |
| Jun 30, 2023 | 10.20 Bn |
| Mar 31, 2023 | 10.14 Bn |
| Dec 31, 2022 | 10.33 Bn |
| Sep 30, 2022 | 9.69 Bn |
| Jun 30, 2022 | 9.39 Bn |
| Mar 31, 2022 | 10.17 Bn |
| Dec 31, 2021 | 8.99 Bn |
API Access
Western Midstream Partners Market Capitalization 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=market-capitalization&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();