Western Midstream Partners (WES) Shares Outstanding (2012 - 2026)
Western Midstream Partners' Weighted Average Shares Outstanding came in at 413.18 million for Q3 2026, up 8.4% from 381.33 million a year earlier and up 3.8% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Shares Outstanding (2012 - 2026) Analysis & Trends
For FY2025, Western Midstream Partners' Weighted Average Shares Outstanding was 386.07 million, up 1.5% from FY2024.
- Weighted Average Shares Outstanding carries a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding was 380.4 million in FY2024 (-0.7%), 383.03 million in FY2023 (-3.0%), 394.95 million in FY2022 (-4.0%) and 411.31 million in FY2021 (-5.6%).
- The Q3 2026 figure represents the highest quarterly Weighted Average Shares Outstanding since Q4 2020.
- Year-over-year, Weighted Average Shares Outstanding has increased for seven consecutive quarters, with growth averaging 2.4% over the last eight quarters.
- The fastest year-over-year change in Weighted Average Shares Outstanding over five years came in Q3 2026 (growth of 8.4%), and the weakest in Q3 2022 (a decline of 5.6%).
- Business Quant data shows WES's Weighted Average Shares Outstanding at 398.04 million (Q2 2026), 399.1 million (Q1 2026) and 386.07 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.19 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.24 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 2.16 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 2.23 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.04 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 3.44 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 214.50 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 206.30 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.01 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 413.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 413.18 Mn |
| Jun 30, 2026 | 398.04 Mn |
| Mar 31, 2026 | 399.10 Mn |
| Dec 31, 2025 | 386.07 Mn |
| Sep 30, 2025 | 381.33 Mn |
| Jun 30, 2025 | 381.33 Mn |
| Mar 31, 2025 | 380.99 Mn |
| Dec 31, 2024 | 380.40 Mn |
| Sep 30, 2024 | 380.51 Mn |
| Jun 30, 2024 | 380.49 Mn |
| Mar 31, 2024 | 380.02 Mn |
| Dec 31, 2023 | 383.03 Mn |
| Sep 30, 2023 | 383.56 Mn |
| Jun 30, 2023 | 384.61 Mn |
| Mar 31, 2023 | 384.47 Mn |
| Dec 31, 2022 | 394.95 Mn |
| Sep 30, 2022 | 388.91 Mn |
| Jun 30, 2022 | 403.03 Mn |
| Mar 31, 2022 | 403.25 Mn |
| Dec 31, 2021 | 411.31 Mn |
API Access
Western Midstream Partners Shares Outstanding 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=shares-outstanding&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();