undamentalytics Newsletter

Western Midstream Partners, LP revenue

Western Midstream Partners, LP's revenue was $3.84bn in fiscal 2025, up 6.6% on the year before. Since fiscal 2011 ($869m) it has grown at a compound 11.2% a year. Over the last twelve months it was $4.33bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Western Midstream Partners, LP: revenue history, annual
Fiscal year2011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue8698941,0851,5331,7521,8042,4302,3002,7462,7732,8773,2523,1063,6053,8434,332
Growth on the year before—+2.9%+21.4%+41.3%+14.3%+3.0%+34.7%−5.3%+19.4%+1.0%+3.8%+13.0%−4.5%+16.1%+6.6%—
Gross profit—————1,3101,5211,868————————
Gross margin—————72.6%62.6%81.2%————————

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Service Fee Based $3.5B 89.8% ▲ 6.3%
Products $195M 5.1% ▲ 39.0%
Service Product Based $194M 5.0% ▼ 10.2%
Other $1.8M 0.0% ▲ 66.3%

From Western Midstream Partners, LP's 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Oil & Gas Storage & Transportation: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Western Midstream Partners, LP $4.33bn 18.0% 11.9%
NGL Energy Partners LP $3.52bn 5.8% -4.9%
Pembina Pipeline Corp $5.57bn 3.3% —
South Bow Corp $1.99bn -6.3% —
Frontline plc $1.97bn -8.8% —
Genesis Energy LP $1.83bn 16.6% -15.4%

Compare with peers

Head to head: NGL vs WESPBA vs WESSOBO vs WES

More: Oil & Gas Storage & Transportation stocks compared, Energy sector, rankings of US companies

Figures from Western Midstream Partners, LP's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Western Midstream Partners, LP.