Stock Fundamentals

Company Information

Company Name
Western Midstream Partners LP
Sector
Energy
Industry
Oil & Gas Midstream
Exchange
NYSE
ISIN: US9586691035
CIK: 0001423902
CUSIP: 958669103
Currency: USD
Full Time Employees: 1,704
Phone: 346 786 5000
Fiscal Year End: December
IPO Date: May 09, 2008
Description:

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells residue, NGLs, and condensates. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling solutions. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

Address:

9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380

Directors & Officers

Name Title Year Born
Mr. Oscar K. Brown President, CEO & Director - Western Midstream Holdings LLC 1971
Ms. Kristen S. Shults CPA Senior VP & CFO - Western Midstream Holdings LLC 1985
Mr. Daniel P. Holderman Senior VP & COO of Western Midstream Holdings, LLC 1980
Ms. Catherine A. Green Senior VP & Chief Accounting Officer of Western Midstream Holdings, LLC 1974
Mr. Christopher B. Dial J.D. Senior VP, General Counsel & Corporate Secretary of Western Midstream Holdings, LLC 1977
Mr. Coby Donaldson VP & Chief Information Officer of Western Midstream Holdings LLC NA
Mr. Daniel Edwards Jenkins IV Director of Investor Relations - Western Midstream Holdings LLC NA
Ms. Crystal J. Sled Chief Human Resources Officer & Senior Vice President - Western Midstream Holdings LLC NA
Mr. Jonathon E. VandenBrand Senior Vice President of Commercial - Western Midstream Holdings LLC NA
Mr. Ben Hansen Senior Vice President of Business Services of Western Midstream Holdings, LLC NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 11, 2026 Robert G Phillips N/A Purchase 1.25K $40.19 $50.24K
Feb 12, 2026 Christopher B Dial N/A Sale 5.88K $42.35 $248.98K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
ALPS Advisors Inc 38.64M Mar 31, 2026 9.81% $7.49 10.16%
Amvescap Plc. 24.05M Mar 31, 2026 6.11% $0.15 1.45%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 8.87M Mar 31, 2026 2.25% $0.50 7.12%
Tortoise Midstream Energy Fund, Inc. 8.78M Mar 31, 2026 2.23% $3.77 2.82%
The Goldman Sachs Group Inc 8.76M Mar 31, 2026 2.22% $0.04 -8.41%
Blackstone Inc 8.76M Mar 31, 2026 2.22% $1.41 -21.07%
Neuberger Berman Group LLC 6.28M Mar 31, 2026 1.60% $0.20 -2.99%
Chickasaw Capital Management, LLC 5.58M Mar 31, 2026 1.42% $8.12 -1.39%
Morgan Stanley - Brokerage Accounts 4.55M Mar 31, 2026 1.16% $0.01 -16.45%
Kayne Anderson Capital Advisors LP 3.92M Mar 31, 2026 1.00% $3.09 0.44%
UBS Group AG 3.72M Mar 31, 2026 0.95% $0.02 6.30%
ClearBridge Advisors, LLC 2.62M Mar 31, 2026 0.67% $0.09 0.00%
Westwood Holdings Group Inc 2.14M Mar 31, 2026 0.54% $0.64 4,867.74%
BNP Paribas Arbitrage, SA 2.11M Mar 31, 2026 0.54% $0.04 40.50%
Swank Energy Income Advisors, LP 1.68M Mar 31, 2026 0.43% $3.42 8.83%
ING Groep NV 1.59M Mar 31, 2026 0.40% $0.40 121.83%
Miller Howard Investments Inc 1.58M Mar 31, 2026 0.40% $1.78 6.27%
Fractal Investments LLC 1.58M Mar 31, 2026 0.40% $7.69 0.00%
JPMorgan Chase & Co 1.49M Mar 31, 2026 0.38% $0.00 -50.40%
Berkley W R Corp 1.27M Mar 31, 2026 0.32% $2.80 42.81%

Shares Statistics

Shares Outstanding: 393.78M
Shares Float: 242.58M
% Insiders: 3,842.50%
% Institutions: 4,243.20%
Short % Float: 3.29%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Alerian MLP ETF 38.38M 9.75% ▲ 0.06% Apr 30, 2026
2 Invesco SteelPath MLP Income Y 15.77M 4.01% ▲ 1.94% Mar 31, 2026
3 Global X MLP ETF 5.58M 1.42% ▲ 0.00% Apr 30, 2026
4 Invesco SteelPath MLP Select 40 Y 4.11M 1.04% ▲ 0.00% Mar 31, 2026
5 Tortoise Energy Infrastructure TR Ins 3.45M 0.88% ▲ 2.17% Mar 31, 2026
6 Goldman Sachs MLP Energy Infras Instl 3.35M 0.85% ▲ 4.32% Mar 31, 2026
7 Kayne Anderson Energy Infrastructure 3.25M 0.82% ▲ 14.43% Nov 30, 2025
8 Global X MLP & Energy Infrastructure ETF 3.03M 0.77% ▲ 0.00% Apr 30, 2026
9 Invesco SteelPath MLP Alpha Y 2.77M 0.70% ▲ 0.00% Mar 31, 2026
10 Chickasaw MLP SMA 2.38M 0.60% ▲ 4.02% Mar 31, 2026

Valuation Metrics

Enterprise Value: $25.09B
Trailing P/E: 14.35
Forward P/E: 14.51

Financial Highlights

Market Cap: $17.18B
EBITDA: $2.37B
P/E Ratio: $14.35
PEG Ratio: $5.48
Book Value: $9.84
Dividend/Share: $3.66
Dividend Yield: 8.46%
Earnings/Share: $3.04
Profit Margin: 29.51%
Operating Margin: 41.11%
ROA (TTM): 7.35%
ROE (TTM): 36.69%
Revenue (TTM): $4.05B
Revenue/Share (TTM): $10.37
Earnings Growth (YOY): 7.60%
Revenue Growth (YOY): 22.50%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.34x 2.16x 0.72x 4.06x 3.78x
2024-12-31 1.09x 2.46x 0.74x 5.40x 3.01x
2023-12-31 0.76x 2.72x 0.76x 4.11x 3.96x
2022-12-31 1.00x 2.29x 0.72x 4.94x 3.14x
2021-12-31 0.60x 2.23x 0.73x 3.67x 3.73x
2020-12-31 0.98x 2.71x 0.76x 2.31x 5.69x
2019-12-31 0.83x 2.38x 0.73x 4.06x 4.99x
2018-12-31 0.63x 1.37x 0.62x 3.40x 3.75x
2017-12-31 0.60x 1.76x 0.51x 4.87x 6.86x
2016-12-31 1.89x 1.51x 0.47x 6.04x 6.83x
2015-12-31 1.45x 1.55x 0.48x 0.30x 6.63x
2014-12-31 0.86x 1.92x 0.41x 5.84x 3.41x
2013-12-31 1.09x 1.57x 0.39x 6.71x 2.94x
2012-12-31 2.95x 1.28x 0.40x 3.51x 4.18x
2011-12-31 2.29x 1.27x 0.48x 6.89x 1.91x
2010-12-31 1.02x 1.28x 0.61x 8.07x 1.64x
2009-12-31 4.41x 0.29x 0.45x 8.10x 0.70x
2008-12-31 1.11x -1.00x 0.22x 456.02x 0.70x
2007-12-31 0.00x 0.00x 0.25x 8.16x 0.00x
2006-12-31 0.00x 0.00x 0.28x N/A 0.00x

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