Western Midstream Partners, LP balance sheet
At the end of fiscal 2025, Western Midstream Partners, LP had total assets of $15.00bn and total liabilities of $10.84bn. It held $819m in cash against $8.64bn of debt: net debt of $7.82bn.
Balance sheet
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.2 | 0.4 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.1 | 0.1 | 0.4 | 0.2 | 0.3 | 0.3 | 1.1 | 0.8 | 0.1 |
| Receivables | — | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | 0.4 | 0.5 | 0.7 | 0.7 | 0.8 | 0.9 |
| Total current assets | — | 0.5 | 0.2 | 0.2 | 0.3 | 0.6 | 0.3 | 0.3 | 0.4 | 0.9 | 0.7 | 0.9 | 1.0 | 1.8 | 1.7 | 1.1 |
| Goodwill | — | 0.1 | 0.1 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 |
| Total assets | — | 3.8 | 4.6 | 7.0 | 7.3 | 7.7 | 8.0 | 11.5 | 12.3 | 11.8 | 11.3 | 11.3 | 12.5 | 13.1 | 15.0 | 16.3 |
| Deferred revenue (current) | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 |
| Total current liabilities | — | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.6 | 0.5 | 1.0 | 1.1 | 0.9 | 1.3 | 1.7 | 1.2 | 1.2 |
| Short-term debt | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — |
| Long-term debt | 0.7 | 1.2 | 1.4 | 2.4 | 2.7 | 3.1 | 3.5 | 4.8 | 8.0 | 7.4 | 6.4 | 6.6 | 7.3 | 6.9 | 8.2 | 8.9 |
| Total debt | 0.7 | 1.2 | 1.4 | 2.4 | 2.7 | 3.1 | 3.6 | 5.2 | 8.0 | 7.9 | 6.9 | 6.8 | 7.9 | 7.9 | 8.6 | 9.1 |
| Total liabilities | — | 1.5 | 1.7 | 2.8 | 3.4 | 3.6 | 4.1 | 6.6 | 9.0 | 8.9 | 8.2 | 8.2 | 9.4 | 9.8 | 10.8 | 11.9 |
| Net debt (negative = net cash) | 0.4 | 0.7 | 1.3 | 2.4 | 2.6 | 2.8 | 3.5 | 5.2 | 7.9 | 7.4 | 6.7 | 6.5 | 7.6 | 6.8 | 7.8 | 8.9 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 |
| Total current assets | 1.8 | 1.8 | 1.2 | 0.9 | 0.9 | 1.7 | 1.5 | 1.1 |
| Goodwill | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.3 | 0.4 |
| Total assets | 13.0 | 13.1 | 12.5 | 12.2 | 12.1 | 15.0 | 14.9 | 16.3 |
| Deferred revenue (current) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 |
| Total current liabilities | 1.6 | 1.7 | 1.0 | 0.7 | 0.6 | 1.2 | 1.4 | 1.2 |
| Long-term debt | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 | 8.2 | 8.2 | 8.9 |
| Total debt | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 | 8.2 | 8.2 | 8.9 |
| Total liabilities | 9.6 | 9.8 | 9.1 | 8.8 | 8.8 | 10.8 | 11.4 | 11.9 |
Compare with peers
- NGL Energy Partners LP balance sheet
- Pembina Pipeline Corp balance sheet
- South Bow Corp balance sheet
- Frontline plc balance sheet
- Genesis Energy LP balance sheet
Head to head: NGL vs WESPBA vs WESSOBO vs WES
More: Oil & Gas Storage & Transportation stocks compared, Energy sector, rankings of US companies