Western Midstream Partners (WES) Other Working Capital Changes (2012 - 2026)
Western Midstream Partners (WES) reported Other Working Capital Changes of -$24.11 million for Q3 2026, compared with $42.28 million a year earlier.
Western Midstream Partners (WES) Other Working Capital Changes (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Western Midstream Partners' Other Working Capital Changes came in at -$60.9 million; for FY2025, it was $174.29 million, down 0.5% from FY2024.
- Other Working Capital Changes has a five-year compound annual growth rate of 47.7% (FY2020 to FY2025).
- By year, Other Working Capital Changes came in at $175.19 million in FY2024 (+159.3%), $67.56 million in FY2023 (+94.2%), $34.79 million in FY2022 (-30.2%) and $49.86 million in FY2021 (+100.9%).
- Five-year quarterly Other Working Capital Changes spans a low of -$69.71 million in Q2 2026 and a high of $88.14 million in Q2 2024.
- Year over year, Other Working Capital Changes gained in three of the last four quarters, with growth averaging 149.6%.
- The high point for year-over-year Other Working Capital Changes in five years was Q4 2025 (growth of 654.2%); the low point was Q2 2025 (a decline of 70.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$69.71 million (Q2 2026), -$31.33 million (Q1 2026) and $64.25 million (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.11 Mn |
| Jun 30, 2026 | -69.71 Mn |
| Mar 31, 2026 | -31.33 Mn |
| Dec 31, 2025 | 64.25 Mn |
| Sep 30, 2025 | 42.28 Mn |
| Jun 30, 2025 | 25.85 Mn |
| Mar 31, 2025 | 41.91 Mn |
| Dec 31, 2024 | 8.52 Mn |
| Sep 30, 2024 | 37.25 Mn |
| Jun 30, 2024 | 88.14 Mn |
| Mar 31, 2024 | 41.28 Mn |
| Dec 31, 2023 | -10.78 Mn |
| Sep 30, 2023 | 11.29 Mn |
| Jun 30, 2023 | 42.23 Mn |
| Mar 31, 2023 | 24.83 Mn |
| Dec 31, 2022 | 41.44 Mn |
| Sep 30, 2022 | -21.02 Mn |
| Jun 30, 2022 | 17.28 Mn |
| Mar 31, 2022 | -2.92 Mn |
| Dec 31, 2021 | 59.47 Mn |
Western Midstream Partners Other Working Capital Changes 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=other-working-capital-changes&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();