Western Midstream Partners (WES) Share-based Compensation (2012 - 2026)
Western Midstream Partners (WES) posted Share-based Compensation of $13.51 million for Q2 2026, up 26.1% from $10.71 million a year earlier and up 24.4% from the prior quarter.
Powered by 
Analysis
Western Midstream Partners (WES) Share-based Compensation (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Share-based Compensation at Western Midstream Partners was $56.2 million, up 51.3% year-over-year; for FY2025, it was $50.8 million, up 33.7% from FY2024.
- Annual Share-based Compensation has increased for 14 consecutive years, with a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- In prior years, Western Midstream Partners' Share-based Compensation was $37.99 million in FY2024 (+18.7%), $32.01 million in FY2023 (+15.2%), $27.78 million in FY2022 (+0.4%) and $27.68 million in FY2021 (+23.2%).
- Quarterly Share-based Compensation has run from a low of $6.46 million in Q3 2022 to a high of $21.39 million in Q4 2025 over five years.
- On a year-over-year basis, Share-based Compensation has increased in each of the last five quarters, with growth averaging 26.4% over the last eight quarters.
- The strongest year-over-year quarter for Share-based Compensation in the past five years was Q4 2025, with growth of 127.0%; the weakest was Q1 2025, with a decline of 12.5%.
- According to Business Quant data, Share-based Compensation for the three prior quarters was $10.85 million (Q1 2026), $21.39 million (Q4 2025) and $10.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | - |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 46.00 Mn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | -2.89 Mn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 18.00 Mn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 37.00 Mn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | - |
| 10 | Western Midstream Partners | 17.70 Bn | 15.96 Bn | 1.11 Bn | 13.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.51 Mn |
| Mar 31, 2026 | 10.85 Mn |
| Dec 31, 2025 | 21.39 Mn |
| Sep 30, 2025 | 10.46 Mn |
| Jun 30, 2025 | 10.71 Mn |
| Mar 31, 2025 | 8.25 Mn |
| Dec 31, 2024 | 9.42 Mn |
| Sep 30, 2024 | 8.76 Mn |
| Jun 30, 2024 | 10.39 Mn |
| Mar 31, 2024 | 9.42 Mn |
| Dec 31, 2023 | 9.97 Mn |
| Sep 30, 2023 | 7.17 Mn |
| Jun 30, 2023 | 7.67 Mn |
| Mar 31, 2023 | 7.20 Mn |
| Dec 31, 2022 | 6.54 Mn |
| Sep 30, 2022 | 6.46 Mn |
| Jun 30, 2022 | 7.04 Mn |
| Mar 31, 2022 | 7.74 Mn |
| Dec 31, 2021 | 6.84 Mn |
| Sep 30, 2021 | 6.98 Mn |
API Access
Western Midstream Partners Share-based Compensation 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=share-based-compensation&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();