Western Midstream Partners LP
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 of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys… Read more
Market Cap & Net Worth: Western Midstream Partners LP (WES)
Western Midstream Partners LP (NYSE:WES) has a market capitalization of $16.73 Billion ($16.73 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1620 globally and #1212 in its home market, demonstrating a -1.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Western Midstream Partners LP's stock price $41.01 by its total outstanding shares 407995725 (408.00 Million).
Western Midstream Partners LP Market Cap History: 2015 to 2026
Western Midstream Partners LP's market capitalization history from 2015 to 2026. Data shows growth from $7.31 Billion to $16.73 Billion (6.01% CAGR).
Western Midstream Partners LP Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Western Midstream Partners LP's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.35x
Western Midstream Partners LP's market cap is 4.35 times its annual revenue
3.45x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
9.96x
Western Midstream Partners LP's market cap is 9.96 times its annual earnings
15.78x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $7.31 Billion | $1.56 Billion | $87.86 Million | 4.68x | 83.24x |
| 2016 | $8.94 Billion | $1.80 Billion | $345.77 Million | 4.96x | 25.86x |
| 2017 | $8.23 Billion | $2.25 Billion | $376.61 Million | 3.66x | 21.84x |
| 2018 | $6.56 Billion | $1.99 Billion | $369.43 Million | 3.30x | 17.76x |
| 2019 | $5.07 Billion | $2.75 Billion | $697.24 Million | 1.85x | 7.28x |
| 2020 | $4.10 Billion | $2.77 Billion | $527.01 Million | 1.48x | 7.79x |
| 2021 | $7.07 Billion | $2.88 Billion | $916.29 Million | 2.46x | 7.72x |
| 2022 | $9.14 Billion | $3.25 Billion | $1.22 Billion | 2.81x | 7.51x |
| 2023 | $10.92 Billion | $3.11 Billion | $1.02 Billion | 3.52x | 10.68x |
| 2024 | $15.68 Billion | $3.61 Billion | $1.57 Billion | 4.35x | 9.96x |
Competitor Companies of WES by Market Capitalization
Companies near Western Midstream Partners LP in the global market cap rankings as of March 18, 2026.
Key companies related to Western Midstream Partners LP by market ranking:
- Enbridge Inc (NYSE:ENB): Ranked #159 globally with a market cap of $117.99 Billion USD.
- Williams Companies Inc (NYSE:WMB): Ranked #231 globally with a market cap of $88.33 Billion USD.
- The Williams Companies, Inc. (SA:W1MB34): Ranked #285 globally with a market cap of $74.15 Billion USD ( R$451.57 Billion BRL).
- Kinder Morgan Inc (NYSE:KMI): Ranked #337 globally with a market cap of $64.58 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #159 | Enbridge Inc | NYSE:ENB | $117.99 Billion | $54.54 |
| #231 | Williams Companies Inc | NYSE:WMB | $88.33 Billion | $73.89 |
| #285 | The Williams Companies, Inc. | SA:W1MB34 | $74.15 Billion | R$371.65 |
| #337 | Kinder Morgan Inc | NYSE:KMI | $64.58 Billion | $33.31 |
Western Midstream Partners LP Historical Marketcap From 2015 to 2026
Between 2015 and today, Western Midstream Partners LP's market cap moved from $7.31 Billion to $ 16.73 Billion, with a yearly change of 6.01%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $16.73 Billion | +3.82% |
| 2025 | $16.12 Billion | +2.78% |
| 2024 | $15.68 Billion | +43.58% |
| 2023 | $10.92 Billion | +19.46% |
| 2022 | $9.14 Billion | +29.29% |
| 2021 | $7.07 Billion | +72.31% |
| 2020 | $4.10 Billion | -19.13% |
| 2019 | $5.07 Billion | -22.65% |
| 2018 | $6.56 Billion | -20.24% |
| 2017 | $8.23 Billion | -8.01% |
| 2016 | $8.94 Billion | +22.25% |
| 2015 | $7.31 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Western Midstream Partners LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $16.73 Billion USD |
| MoneyControl | $16.73 Billion USD |
| MarketWatch | $16.73 Billion USD |
| marketcap.company | $16.73 Billion USD |
| Reuters | $16.73 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.