Western Midstream Partners WES
NYSE WES
$42.22 +0.44 (+1.05%)
At close: Nov 13, 2026 · 4:00 PM EST

Western Midstream Partners (WES) Price to FCF (2014 - 2026)

Updated

Western Midstream Partners' (WES) Price to FCF was 16.68 for Q3 2026, up 64.2% from 10.16 a year earlier and up 12.5% from the prior quarter.

Analysis

Western Midstream Partners (WES) Price to FCF (2014 - 2026) Analysis & Trends

For FY2025, Price to FCF at Western Midstream Partners was 10.40, down 7.5% from FY2024.

  • By year, Price to FCF came in at 11.25 in FY2024 (-6.4%), 12.02 in FY2023 (+41.2%), 8.51 in FY2022 (+37.6%) and 6.18 in FY2021 (+31.5%).
  • The Q3 2026 figure ranks as the highest quarterly Price to FCF since Q1 2020.
  • Year over year, Price to FCF has now increased in each of the last three quarters, with growth averaging 6.3% over the last eight quarters.
  • The high point for year-over-year Price to FCF in five years was Q3 2026 (growth of 64.2%); the low point was Q2 2025 (a decline of 26.5%).
  • Per Business Quant data, the three quarters before Q3 2026 came in at 14.83 (Q2 2026), 12.09 (Q1 2026) and 10.40 (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

Historic Data

Download Data
DateValue
Sep 30, 2026 16.68
Jun 30, 2026 14.83
Mar 31, 2026 12.09
Dec 31, 2025 10.40
Sep 30, 2025 10.16
Jun 30, 2025 10.17
Mar 31, 2025 10.51
Dec 31, 2024 11.25
Sep 30, 2024 11.54
Jun 30, 2024 13.83
Mar 31, 2024 13.49
Dec 31, 2023 12.02
Sep 30, 2023 10.39
Jun 30, 2023 9.10
Mar 31, 2023 8.81
Dec 31, 2022 8.51
Sep 30, 2022 6.73
Jun 30, 2022 6.56
Mar 31, 2022 7.04
Dec 31, 2021 6.18
API Access

Western Midstream Partners Price to FCF 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=price-to-fcf&ticker=WES&period=max&api_key=YOUR_API_KEY