Western Midstream Partners (WES) Non-Current Debt (2012 - 2026)
Western Midstream Partners' Non-Current Debt was $8.88 billion in Q2 2026, up 28.3% from $6.92 billion a year earlier and up 8.4% from the prior quarter.
Western Midstream Partners (WES) Non-Current Debt (2012 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Western Midstream Partners came in at $8.2 billion, up 18.3% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $6.93 billion in FY2024 (-4.9%), $7.28 billion in FY2023 (+10.9%), $6.57 billion in FY2022 (+2.6%) and $6.4 billion in FY2021 (-13.7%).
- The Q2 2026 figure marks the highest quarterly Non-Current Debt in data going back to Q4 2012.
- Compared with a year earlier, Non-Current Debt has increased for three straight quarters, with growth averaging 6.0% over the last eight quarters.
- The best year-over-year quarter for Non-Current Debt over five years was Q2 2026 (growth of 28.3%); the worst was Q1 2022 (a decline of 16.5%).
- Per Business Quant data, WES's Non-Current Debt in the three quarters before Q2 2026 was $8.19 billion (Q1 2026), $8.2 billion (Q4 2025) and $6.92 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.04 Bn | 100.64 Bn | 4.84 Bn | 73.09 Bn |
| 2 | Williams Companies | 88.01 Bn | 86.72 Bn | 2.54 Bn | 5.89 Bn |
| 3 | Enterprise Products Partners | 80.10 Bn | 78.48 Bn | - | 31.21 Bn |
| 4 | Kinder Morgan | 75.54 Bn | 75.24 Bn | 3.07 Bn | 29.81 Bn |
| 5 | Energy Transfer | 68.83 Bn | 62.27 Bn | 7.40 Bn | 68.39 Bn |
| 6 | Tc Energy | 64.68 Bn | 60.77 Bn | 2.81 Bn | 2.48 Bn |
| 7 | Targa Resources | 63.50 Bn | 62.97 Bn | 2.14 Bn | 19.02 Bn |
| 8 | Mplx | 59.60 Bn | 53.16 Bn | 2.91 Bn | 24.39 Bn |
| 9 | Cheniere Energy | 59.31 Bn | 54.14 Bn | 5.29 Bn | 22.63 Bn |
| 10 | Western Midstream Partners | 17.83 Bn | 16.08 Bn | 1.11 Bn | 8.88 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.88 Bn |
| Mar 31, 2026 | 8.19 Bn |
| Dec 31, 2025 | 8.20 Bn |
| Sep 30, 2025 | 6.92 Bn |
| Jun 30, 2025 | 6.92 Bn |
| Mar 31, 2025 | 6.93 Bn |
| Dec 31, 2024 | 6.93 Bn |
| Sep 30, 2024 | 6.93 Bn |
| Jun 30, 2024 | 7.14 Bn |
| Mar 31, 2024 | 7.27 Bn |
| Dec 31, 2023 | 7.28 Bn |
| Sep 30, 2023 | 7.26 Bn |
| Jun 30, 2023 | 6.82 Bn |
| Mar 31, 2023 | 6.69 Bn |
| Dec 31, 2022 | 6.57 Bn |
| Sep 30, 2022 | 7.03 Bn |
| Jun 30, 2022 | 6.66 Bn |
| Mar 31, 2022 | 6.19 Bn |
| Dec 31, 2021 | 6.40 Bn |
| Sep 30, 2021 | 6.40 Bn |
Western Midstream Partners Non-Current Debt 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=non-current-debt&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();