Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Western Midstream Partners, LP (WES)
Price$49.54Cached quote
Net income
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2013
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.60B | $3.11B | $3.25B | $2.70B | $2.55B | $2.75B | $2.31B | $2.43B | $1.80B | $1.75B | $1.53B | $1.09B | $894.5M | $869.4M |
| Gross profit | $3.63B | $3.43B | $2.94B | $2.83B | $2.37B | $2.36B | $2.30B | $1.87B | $1.52B | $1.31B | — | — | — | — | — |
| Gross margin | 94.61% | 95.22% | 94.70% | 87.05% | 88.05% | 92.62% | 83.82% | 81.26% | 62.60% | 72.61% | — | — | — | — | — |
| Operating expenses | $915.9M | $880.6M | $762.5M | $654.6M | $581.3M | $580.9M | $641.2M | $480.9M | $345.6M | $308.0M | $332.0M | $293.7M | $201.8M | $140.1M | $624.1M |
| Operating income | $1.60B | $1.97B | $1.38B | $1.59B | $1.34B | $878.9M | $1.23B | $861.3M | $801.7M | $704.5M | $154.2M | $551.5M | $323.5M | $194.3M | $245.3M |
| Operating margin | 41.69% | 54.68% | 44.42% | 48.85% | 49.54% | 34.50% | 44.85% | 37.36% | 33.00% | 39.05% | 8.80% | 35.97% | 29.81% | 21.72% | 28.21% |
| EBITDA | $2.31B | $2.62B | $1.98B | $2.17B | $1.89B | $1.37B | $1.71B | $1.25B | $1.12B | $977.5M | $426.8M | $763.3M | $473.4M | $314.9M | $358.4M |
| EBITDA margin | 60.19% | 72.73% | 63.77% | 66.76% | 70.00% | 53.78% | 62.45% | 54.24% | 46.12% | 54.18% | 24.36% | 49.78% | 43.61% | 35.21% | 41.23% |
| Net income | $1.18B | $1.57B | $1.02B | $1.22B | $916.3M | $527.0M | $697.2M | $551.6M | $540.8M | $345.8M | $165.5M | $288.0M | $163.8M | $61.4M | $94.2M |
| Net profit margin | 30.74% | 43.66% | 32.92% | 37.44% | 33.97% | 20.69% | 25.40% | 23.93% | 22.26% | 19.16% | 9.45% | 18.78% | 15.09% | 6.86% | 10.83% |
| Basic EPSper basic share | $2.99 | $4.04 | $2.61 | $3.01 | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $2.98 | $4.02 | $2.60 | $3.00 | — | — | — | — | — | — | — | — | — | — | — |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
ALPS ADVISORS INC | 36.63M |
Invesco Ltd. | 24.12M |
MORGAN STANLEY | 21.23M |
Blackstone Inc. | 10.37M |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 8.64M |
GOLDMAN SACHS GROUP INC | 8.53M |
TORTOISE CAPITAL ADVISORS, L.L.C. | 6.51M |
NEUBERGER BERMAN GROUP LLC | 6.19M |
CHICKASAW CAPITAL MANAGEMENT LLC | 5.51M |
KAYNE ANDERSON CAPITAL ADVISORS LP | 3.93M |
UBS Group AG | 3.57M |
Clearbridge Investments, LLC | 2.71M |
WESTWOOD HOLDINGS GROUP INC | 2.18M |
BNP PARIBAS FINANCIAL MARKETS | 1.99M |
MILLER HOWARD INVESTMENTS INC /NY | 1.65M |
ING GROEP NV | 1.59M |
Fractal Investments LLC | 1.52M |
BANK OF AMERICA CORP /DE/ | 1.37M |
BARCLAYS PLC | 1.34M |
BERKLEY W R CORP | 1.27M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Mar 11, 2026Form 4 | PHILLIPS ROBERT GDirector | BuyCommon Units representing limited partner interests | 1.3K | $40.19 | $50.2K | 5.3K |
| Feb 12, 2026Form 4 | Dial Christopher B.SVP, GC and Secretary | SellCommon Units representing limited partner interests | 5.9K | $42.35 | $249.0K | 185.0K |
| Aug 14, 2024Form 4 | OXY Oil Partners, Inc. +5TenPercentOwner | SellCOMMON UNITS (LIMITED PARTNER INTERESTS) · indirect | 19.50M | $35.75 | $697.13M | 165.68M |
| Aug 14, 2024Form 4 | KERR MCGEE CORP /DE +6TenPercentOwner | SellCOMMON UNITS (LIMITED PARTNER INTERESTS) · indirect | 19.50M | $35.75 | $697.13M | 165.68M |