Western Midstream Partners (WES) Total Debt (2011 - 2026)
Western Midstream Partners' Total Debt came in at $9.15 billion for Q3 2026, up 32.0% from $6.94 billion a year earlier and up 1.1% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Western Midstream Partners' Total Debt was $8.64 billion, up 8.9% from FY2024.
- Total Debt has increased in each of the last three years, with a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- Going back by year, Total Debt was $7.94 billion in FY2024 (+0.5%), $7.9 billion in FY2023 (+16.4%), $6.79 billion in FY2022 (-1.8%) and $6.91 billion in FY2021 (-12.1%).
- The Q3 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2011.
- Year-over-year, Total Debt has increased for four consecutive quarters, with growth averaging 9.2% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q3 2026 (growth of 32.0%), and the weakest in Q3 2025 (a decline of 12.6%).
- Business Quant data shows WES's Total Debt at $9.05 billion (Q2 2026), $8.64 billion (Q1 2026) and $8.64 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 80.53 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 6.62 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 33.44 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 33.07 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 42.16 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 68.85 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 19.84 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 23.93 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 27.01 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 9.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.15 Bn |
| Jun 30, 2026 | 9.05 Bn |
| Mar 31, 2026 | 8.64 Bn |
| Dec 31, 2025 | 8.64 Bn |
| Sep 30, 2025 | 6.94 Bn |
| Jun 30, 2025 | 6.94 Bn |
| Mar 31, 2025 | 7.28 Bn |
| Dec 31, 2024 | 7.94 Bn |
| Sep 30, 2024 | 7.94 Bn |
| Jun 30, 2024 | 7.15 Bn |
| Mar 31, 2024 | 7.38 Bn |
| Dec 31, 2023 | 7.90 Bn |
| Sep 30, 2023 | 7.26 Bn |
| Jun 30, 2023 | 6.83 Bn |
| Mar 31, 2023 | 6.70 Bn |
| Dec 31, 2022 | 6.79 Bn |
| Sep 30, 2022 | 7.03 Bn |
| Jun 30, 2022 | 6.66 Bn |
| Mar 31, 2022 | 6.91 Bn |
| Dec 31, 2021 | 6.91 Bn |
API Access
Western Midstream Partners Total Debt 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=total-debt&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();