WES on NYSE

Western Midstream Partners, LP

American natural gas transmission company, incorporated in Delaware. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with NGL Energy Partners LP, Kinetik Holdings Inc. or Archrock, Inc., or pick any stock.

  • TickerWES on NYSE1
  • IndustryNatural Gas Transmission1
  • HeadquartersThe Woodlands, Texas1
  • Incorporated inDE2
  • Business address9950 Woodloch Forest Drive, Suite 2800, The Woodlands, Tx 77380-70462
  • Filer categoryLarge accelerated filer2

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.7%Operating margin3
30.7%Net margin3
6.6%Revenue growth, 20253

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs59¢$2.3B
  • Interest10¢$390.5M
  • Income tax0¢$15.1M
  • Profit31¢$1.2B

Out of $3.8B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid64¢$1.4B
  • Kept or used elsewhere36¢$791.6M

Out of $2.2B of cash from operations.3

Financial statements

Revenue45673$3.8B in 2025+40% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.7B$2.7B20192020: $2.5B$2.5B2020−7%2021: $2.7B$2.7B2021+6%2022: $3.3B$3.3B2022+21%2023: $3.1B$3.1B2023−4%2024: $3.6B$3.6B2024+16%2025: $3.8B$3.8B2025+7%
Operating income45673$1.6B in 2025+30% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.2B$1.2B20192020: $878.9M$878.9M2020−29%2021: $1.3B$1.3B2021+52%2022: $1.6B$1.6B2022+19%2023: $1.4B$1.4B2023−13%2024: $2.0B$2.0B2024+43%2025: $1.6B$1.6B2025−19%
Net income45673$1.2B in 2025+69% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $697.2M$697.2M20192020: $527.0M$527.0M2020−24%2021: $916.3M$916.3M2021+74%2022: $1.2B$1.2B2022+33%2023: $1.0B$1.0B2023−16%2024: $1.6B$1.6B2024+54%2025: $1.2B$1.2B2025−25%
Fiscal year2019202020212022202320242025
Revenue$2.7B4$2.5B5$2.7B6$3.3B7$3.1B3$3.6B3$3.8B3
Cost of revenue
Operating expenses$1.7B6$2.0B7$1.9B3$2.0B3$2.3B3
Operating income$1.2B4$878.9M5$1.3B6$1.6B7$1.4B3$2.0B3$1.6B3
Interest$303.3M4$380.1M5$376.5M6$333.9M7$348.2M3$378.5M3$390.5M3
Income before tax$934.2M6$1.3B7$1.1B3$1.6B3$1.2B3
Income tax$13.5M4$6.0M5-$9.8M6$4.2M7$4.4M3$18.1M3$15.1M3
Net income$697.2M4$527.0M5$916.3M6$1.2B7$1.0B3$1.6B3$1.2B3

Compare Western Midstream Partners, LP with another company

Leadership

Who has led Western Midstream Partners, LP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Donald R. Sinclair2012–2016
  2. Michael Ure2019–2024
  3. Oscar B. Brown2024–now

Chair

  1. Benjamin Matthew Fink2019

President

  1. Donald R. Sinclair2012–2016
  2. Robin H. Fielder2018
  3. Michael Ure2019–2024
  4. Oscar B. Brown2024–now

Chief financial officer

  1. Benjamin Matthew Fink2012–2016
  2. Jaime R. Casas2017
  3. Michael C. Pearl2019–2020
  4. Kristen S. Shults2022–now

Chief operating officer

  1. Danny J. Rea2012
  2. Gennifer F. Kelly2018
  3. Daniel P. Holderman2022–now
201520202025
Board members and other officers (34)

Former names

  • Western Gas Equity Partners, LPNov 2, 2012 to Feb 20, 20192
  • WGR Holdings LLCMay 8, 2008 to Oct 18, 20122

Timeline

  1. Oct 30, 2024New chief executive Oscar B. Brown becomes CEO15
  2. Aug 15, 2019New chief executive Michael Ure becomes CEO16
  3. Dec 6, 2012New chief executive Donald R. Sinclair becomes CEO17

Filings

206 filings to the SEC since October 2021: 41 major events, 123 insider forms, 20 large holders, 22 other. The latest 20:

  1. Oct 7, 2026SCHEDULE 13G/A EDGAR
  2. Sep 25, 2026SD EDGAR
  3. Aug 12, 20264 EDGAR
  4. Aug 5, 2026EFFECT EDGAR
  5. Aug 5, 20268-K EDGAR
  6. Jul 28, 2026S-3 EDGAR
  7. Jul 9, 2026SCHEDULE 13G/A EDGAR
  8. Jun 25, 20268-K EDGAR
  9. Jun 22, 2026S-3ASR EDGAR
  10. Jun 12, 20268-K EDGAR
  11. May 6, 20268-K EDGAR
  12. Apr 8, 2026SCHEDULE 13G/A EDGAR
  13. Mar 12, 20264 EDGAR
  14. Feb 19, 20264/A EDGAR
  15. Feb 18, 20268-K EDGAR
  16. Feb 13, 20264 EDGAR
  17. Feb 13, 20264 EDGAR
  18. Feb 13, 20264 EDGAR
  19. Feb 13, 20264 EDGAR
  20. Feb 13, 20264 EDGAR

The 206 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 11 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 12, 2026Forthuber Frederick A.DirectorBuy5,140$48.62$249.9KForm 4
Mar 11, 2026PHILLIPS ROBERT GDirectorBuy1,250$40.19$50.2KForm 4
Feb 12, 2026Dial Christopher B.SVP, GC and SecretarySale5,879$42.35$249.0KForm 4
Aug 14, 2024OXY Oil Partners, Inc.10% ownerSale19,500,000$35.75$697.1MForm 4
Aug 14, 2024KERR MCGEE CORP /DE10% ownerSale19,500,000$35.75$697.1MForm 4
May 15, 2024Bourne Robert W.SVP & Chief Commercial OfficerBuy1,354$37.25$50.4KForm 4
Mar 6, 2024STEWART LISA ADirectorBuy2,500$34.87$87.2KForm 4
Mar 1, 2024Ure MichaelPresident & CEOBuy5,000$33.65$168.2KForm 4
Feb 28, 2024STEWART LISA ADirectorBuy2,500$33.38$83.5KForm 4
Feb 28, 2024Brown Oscar KPresident & CEOBuy3,500$33.35$116.7KForm 4
Feb 27, 2024SCHULTE DAVID JDirectorBuy800$34.24$27.4KForm 4
Feb 27, 2024Brown Oscar KPresident & CEOBuy3,500$34.14$119.5KForm 4
Feb 26, 2024Owen Kenneth F.DirectorBuy7,000$33.96$237.7KForm 4
Sep 12, 2023OCCIDENTAL PETROLEUM CORP /DE/10% ownerSale5,100,000$25.00$127.5MForm 4
Sep 12, 2023Kerr-McGee Worldwide Corp10% ownerSale5,100,000$25.00$127.5MForm 4
Jul 21, 2022OXY Oil Partners, Inc.10% ownerSale10,000,000$25.25$252.5MForm 4
Jul 21, 2022WGR Asset Holding Co LLC10% ownerSale10,000,000$25.25$252.5MForm 4
Jun 17, 2022Bourne Robert W.SVP & Chief Commercial OfficerBuy2,500$22.90$57.2KForm 4
Dec 13, 2021ANADARKO PETROLEUM CORP10% ownerSale2,500,000$20.09$50.2MForm 4
Dec 13, 2021Anadarko USH1 Corp10% ownerSale2,500,000$20.09$50.2MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alps Advisors Inc36,629,600$1.6B7.5%−2,007,754
Invesco Ltd.24,122,314$1.1B0.1%+74,729
Morgan Stanley21,230,903$929.1M0.0%+16,680,538
Blackstone Inc.10,367,520$453.7M1.5%+1,612,098
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.8,637,568$378.0M0.5%−232,248
Goldman Sachs Group Inc8,527,559$373.2M0.0%−230,953
Tortoise Capital Advisors, L.l.c.6,506,154$284.7M2.9%−2,273,474
Neuberger Berman Group LLC6,190,369$270.9M0.2%−93,341
Kayne Anderson Capital Advisors LP3,928,197$171.9M3.4%+10,106
UBS Group AG3,567,482$156.1M0.0%−154,756
Clearbridge Investments, LLC2,711,343$118.6M0.1%+87,400
Westwood Holdings Group Inc2,183,188$95.5M0.7%+40,255
Bnp Paribas Financial Markets1,992,817$87.2M0.0%−114,273
Miller Howard Investments Inc /ny1,648,942$72.2M1.9%+63,967
Ing Groep Nv1,587,500$69.5M0.3%No change
Fractal Investments LLC1,524,646$66.7M7.7%−53,160
Bank Of America Corp /de/1,366,602$59.8M0.0%+238,318
Barclays PLC1,336,050$58.5M0.0%+274,140
Berkley W R Corp1,266,970$55.4M2.7%No change
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT1,259,900$55.1M2.5%−417,000
Infrastructure Capital Advisors, LLC1,217,182$53.3M4.2%−17,697
Recurrent Investment Advisors LLC1,133,291$49.6M3.1%−1,467
Eagle Global Advisors LLC1,041,420$45.6M1.5%−22,500
Stifel Financial Corp975,975$42.7M0.0%−7,969
Jpmorgan Chase & Co980,558$42.5M0.0%−509,936

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

13 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 18, 2022Pete SessionsRepublican, HouseSale$1,001 - $15,000−16.0%Report
Oct 22, 2020Mark GreenRepublican, HouseSale$250,001 - $500,000−250.8%Report
Oct 5, 2020Mark GreenRepublican, HouseBuy$15,001 - $50,000+300.9%Report
Sep 16, 2020Mark GreenRepublican, HouseBuy$50,001 - $100,000+321.9%Report
Sep 11, 2020Mark GreenRepublican, HouseBuy$15,001 - $50,000+359.8%Report
Aug 14, 2020Mark GreenRepublican, HouseBuy$15,001 - $50,000+233.3%Report
Aug 4, 2020Mark GreenRepublican, HouseBuy$1,001 - $15,000+262.8%Report
Jul 16, 2020Mark GreenRepublican, HouseBuy$1,001 - $15,000+237.8%Report
Jul 8, 2020Mark GreenRepublican, HouseBuy$15,001 - $50,000+223.7%Report
Jul 7, 2020Mark GreenRepublican, HouseBuy$15,001 - $50,000+217.9%Report
Jul 2, 2020Mark GreenRepublican, HouseBuy$100,001 - $250,000+206.7%Report
Feb 20, 2020David A Perdue , Jr, SenatePartial sale$1,001 - $15,000−50.3%Report
Feb 20, 2020David A Perdue , Jr, SenatePartial sale$1,001 - $15,000−50.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59