Western Midstream Partners (WES) Share-based Compensation (2012 - 2026)
Western Midstream Partners (WES) posted Share-based Compensation of $12.73 million for Q3 2026, up 21.7% from $10.46 million a year earlier but down 5.8% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Share-based Compensation (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Share-based Compensation at Western Midstream Partners was $58.48 million, up 50.6% year-over-year; for FY2025, it was $50.8 million, up 33.7% from FY2024.
- Annual Share-based Compensation has increased for 15 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 six 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 $13.51 million (Q2 2026), $10.85 million (Q1 2026) and $21.39 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | - |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 26.00 Mn |
| 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 | - | -714,339.13 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 49.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 17.40 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 75.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | - |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 12.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.73 Mn |
| 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 |
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();