Western Midstream Partners (WES) Shares Outstanding (Diluted) (2019 - 2026)
Western Midstream Partners (WES) posted Shares Outstanding (Diluted) of 399.38 million for Q2 2026, up 4.5% from 382.33 million a year earlier but down 0.3% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Western Midstream Partners' Shares Outstanding (Diluted) came in at 387.88 million, up 1.4% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In prior years, Western Midstream Partners' Shares Outstanding (Diluted) was 382.46 million in FY2024 (-0.5%), 384.41 million in FY2023 (-3.0%), 396.24 million in FY2022 (-3.8%) and 412.02 million in FY2021 (-5.4%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 381.63 million in Q1 2024 to a high of 412.71 million in Q3 2021 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last three quarters, with growth averaging 1.2% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q1 2026, with growth of 4.7%; the weakest was Q3 2021, with a decline of 6.0%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 400.57 million (Q1 2026), 387.88 million (Q4 2025) and 382.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.76 Bn | 100.36 Bn | 4.84 Bn | 2.19 Bn |
| 2 | Williams Companies | 86.56 Bn | 85.28 Bn | 2.54 Bn | 1.23 Bn |
| 3 | Enterprise Products Partners | 79.03 Bn | 77.41 Bn | - | 2.19 Bn |
| 4 | Kinder Morgan | 75.05 Bn | 74.75 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Energy Transfer | 69.29 Bn | 62.47 Bn | 7.40 Bn | 3.46 Bn |
| 6 | Tc Energy | 64.46 Bn | 60.54 Bn | 2.81 Bn | 1.04 Bn |
| 7 | Targa Resources | 62.13 Bn | 61.61 Bn | 2.14 Bn | 215.20 Mn |
| 8 | Cheniere Energy | 59.95 Bn | 54.78 Bn | 5.29 Bn | 209.50 Mn |
| 9 | Oneok | 59.21 Bn | 57.60 Bn | 2.81 Bn | 632.00 Mn |
| 10 | Western Midstream Partners | 17.72 Bn | 15.97 Bn | 1.11 Bn | 399.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 399.38 Mn |
| Mar 31, 2026 | 400.57 Mn |
| Dec 31, 2025 | 387.88 Mn |
| Sep 30, 2025 | 382.79 Mn |
| Jun 30, 2025 | 382.33 Mn |
| Mar 31, 2025 | 382.49 Mn |
| Dec 31, 2024 | 382.46 Mn |
| Sep 30, 2024 | 382.62 Mn |
| Jun 30, 2024 | 382.25 Mn |
| Mar 31, 2024 | 381.63 Mn |
| Dec 31, 2023 | 384.41 Mn |
| Sep 30, 2023 | 384.77 Mn |
| Jun 30, 2023 | 385.51 Mn |
| Mar 31, 2023 | 385.75 Mn |
| Dec 31, 2022 | 396.24 Mn |
| Sep 30, 2022 | 390.32 Mn |
| Jun 30, 2022 | 404.16 Mn |
| Mar 31, 2022 | 404.46 Mn |
| Dec 31, 2021 | 412.02 Mn |
| Sep 30, 2021 | 412.71 Mn |
API Access
Western Midstream Partners Shares Outstanding (Diluted) 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-diluted&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();