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
Western Midstream Partners LP (WES) - Total Assets
Latest total assets as of September 2025: $12.13 Billion USD
Based on the latest financial reports, Western Midstream Partners LP (WES) holds total assets worth $12.13 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Western Midstream Partners LP - Total Assets Trend (2006–2024)
This chart illustrates how Western Midstream Partners LP’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Western Midstream Partners LP - Asset Composition Analysis
Current Asset Composition (December 2024)
Western Midstream Partners LP's total assets of $12.13 Billion consist of 14.1% current assets and 86.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.09 Billion | 8.3% |
| Accounts Receivable | $721.45 Million | 5.5% |
| Inventory | $2.51 Million | 0.0% |
| Property, Plant & Equipment | $9.93 Billion | 75.6% |
| Intangible Assets | $649.74 Million | 4.9% |
| Goodwill | $4.78 Million | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Western Midstream Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Western Midstream Partners LP's current assets represent 14.1% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, up from 0.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 2.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.6% of total assets.
Western Midstream Partners LP Competitors by Total Assets
Key competitors of Western Midstream Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Western Midstream Partners LP - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Western Midstream Partners LP generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Western Midstream Partners LP generates $ 11.97 in net profit.
Western Midstream Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.43 | 1.11 | 0.98 |
| Quick Ratio | 1.41 | 1.11 | 0.98 |
| Cash Ratio | 0.28 | 0.68 | 0.00 |
| Working Capital | $276.58 Million | $ 186.49 Million | $ -17.87 Million |
Western Midstream Partners LP - Advanced Valuation Insights
This section examines the relationship between Western Midstream Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.57 |
| Latest Market Cap to Assets Ratio | 0.81 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | $13.14 Billion |
| Market Capitalization | $10.63 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Western Midstream Partners LP's assets close to their book value ( 0.81x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Western Midstream Partners LP's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Western Midstream Partners LP (2006–2024)
The table below shows the annual total assets of Western Midstream Partners LP from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.14 Billion | +5.40% |
| 2023-12-31 | $12.47 Billion | +10.65% |
| 2022-12-31 | $11.27 Billion | -0.01% |
| 2021-12-31 | $11.27 Billion | -4.71% |
| 2020-12-31 | $11.83 Billion | -4.18% |
| 2019-12-31 | $12.35 Billion | +33.64% |
| 2018-12-31 | $9.24 Billion | +15.25% |
| 2017-12-31 | $8.02 Billion | +3.62% |
| 2016-12-31 | $7.74 Billion | +15.30% |
| 2015-12-31 | $6.71 Billion | -0.64% |
| 2014-12-31 | $6.75 Billion | +57.73% |
| 2013-12-31 | $4.28 Billion | +23.13% |
| 2012-12-31 | $3.48 Billion | +22.53% |
| 2011-12-31 | $2.84 Billion | +60.72% |
| 2010-12-31 | $1.77 Billion | +62.84% |
| 2009-12-31 | $1.08 Billion | +4.94% |
| 2008-12-31 | $1.03 Billion | +174.31% |
| 2007-12-31 | $376.64 Million | +13.37% |
| 2006-12-31 | $332.23 Million | -- |