Western Midstream Partners LP (NYSE:WES) — Market Cap & Net Worth
Market Cap & Net Worth: Western Midstream Partners LP (WES)
Western Midstream Partners LP (NYSE:WES) has a market capitalization of $17.31 Billion ($17.31 Billion) as of August 1, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1444 globally and #572 in its home market, demonstrating a -2.84% 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 $46.57 by its total outstanding shares 393781339 (393.78 Million). See capital reinvestment ratio of Western Midstream Partners LP to understand how much of operating cash flow is reinvested back into capital assets.
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 $7.06 Billion to $18.34 Billion (7.05% 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
4.05x
Western Midstream Partners LP's market cap is 4.05 times its annual revenue
Latest Price to Earnings (P/E) Ratio
13.30x
Western Midstream Partners LP's market cap is 13.30 times its annual earnings
What 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 |
|---|---|---|---|---|---|
| 2016 | $8.63 Billion | $1.80 Billion | $345.77 Million | 4.78x | 24.96x |
| 2017 | $7.94 Billion | $2.25 Billion | $376.61 Million | 3.53x | 21.08x |
| 2018 | $6.33 Billion | $1.99 Billion | $369.43 Million | 3.18x | 17.14x |
| 2019 | $4.90 Billion | $2.75 Billion | $697.24 Million | 1.78x | 7.02x |
| 2020 | $3.96 Billion | $2.77 Billion | $527.01 Million | 1.43x | 7.52x |
| 2021 | $6.82 Billion | $2.88 Billion | $916.29 Million | 2.37x | 7.45x |
| 2022 | $8.82 Billion | $3.25 Billion | $1.22 Billion | 2.71x | 7.25x |
| 2023 | $10.54 Billion | $3.11 Billion | $1.02 Billion | 3.39x | 10.31x |
| 2024 | $15.13 Billion | $3.61 Billion | $1.57 Billion | 4.20x | 9.62x |
| 2025 | $15.55 Billion | $3.84 Billion | $1.17 Billion | 4.05x | 13.30x |
Competitor Companies of WES by Market Capitalization
Companies near Western Midstream Partners LP in the global market cap rankings as of August 1, 2026.
Key companies related to Western Midstream Partners LP by market ranking:
- Enbridge Inc (TO:ENB): Ranked #197 globally with a market cap of $120.50 Billion USD ( CA$166.57 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #301 globally with a market cap of $87.49 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #322 globally with a market cap of $80.46 Billion USD.
- TC Energy Corp (TO:TRP): Ranked #394 globally with a market cap of $71.14 Billion USD ( CA$98.34 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #197 | Enbridge Inc | TO:ENB | $120.50 Billion | CA$76.28 |
| #301 | Williams Companies Inc | NYSE:WMB | $87.49 Billion | $71.54 |
| #322 | Enterprise Products Partners LP | NYSE:EPD | $80.46 Billion | $38.05 |
| #394 | TC Energy Corp | TO:TRP | $71.14 Billion | CA$94.40 |
Western Midstream Partners LP Historical Marketcap From 2015 to 2026
Between 2015 and today, Western Midstream Partners LP's market cap moved from $7.06 Billion to $ 18.34 Billion, with a yearly change of 7.05%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $18.34 Billion | +17.90% |
| 2025 | $15.55 Billion | +2.78% |
| 2024 | $15.13 Billion | +43.58% |
| 2023 | $10.54 Billion | +19.46% |
| 2022 | $8.82 Billion | +29.29% |
| 2021 | $6.82 Billion | +72.31% |
| 2020 | $3.96 Billion | -19.13% |
| 2019 | $4.90 Billion | -22.65% |
| 2018 | $6.33 Billion | -20.24% |
| 2017 | $7.94 Billion | -8.01% |
| 2016 | $8.63 Billion | +22.25% |
| 2015 | $7.06 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Western Midstream Partners LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $17.31 Billion USD |
| MoneyControl | $17.31 Billion USD |
| MarketWatch | $17.31 Billion USD |
| marketcap.company | $17.31 Billion USD |
| Reuters | $17.31 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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 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 s… Read more