To the full analysis
Western Midstream Partners stock: growth
WESWestern Midstream Partners reported $3.84B in revenue for fiscal 2025, up 6.6% on the prior year, up 6.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
16.3%
per year from 2007 to 2025, per share 5.3%
Earnings (Annual rate)
21.2%
per year from 2007 to 2025, per share 10%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2007 | |
|---|---|---|---|
| Revenue | 6.7% | 9.4% | 16.3% |
| Revenue per share | 8.6% | 3.0% | 5.3% |
| Earnings | 17.3% | 29.5% | 21.2% |
| Earnings per share | 20.6% | 22.7% | 10.0% |
| Free cash flow | 3.8% | 36.7% | no data |
| Free cash flow per share | 5.5% | 28.6% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $255.35M | $36.56M | −$63.65M |
| 2008 | $689.48M | $126.32M | $81.61M |
| 2009 | $236.54M | $77.35M | $51.78M |
| 2010 | $494.87M | $126.07M | $140.24M |
| 2011 | $809.67M | $75.64M | $130.28M |
| 2012 | $849.44M | $2.81M | −$273.2M |
| 2013 | $1.05B | $160.17M | −$234.17M |
| 2014 | $1.27B | $221.91M | −$142.03M |
| 2015 | $1.56B | $87.86M | $64.48M |
| 2016 | $1.8B | $345.77M | $433.08M |
| 2017 | $2.25B | $376.61M | $222.39M |
| 2018 | $1.99B | $369.43M | −$177.2M |
| 2019 | $2.75B | $697.24M | $135.27M |
| 2020 | $2.77B | $527.01M | $1.22B |
| 2021 | $2.88B | $916.29M | $1.45B |
| 2022 | $3.25B | $1.22B | $1.21B |
| 2023 | $3.11B | $1.02B | $913.12M |
| 2024 | $3.61B | $1.57B | $1.27B |
| 2025 | $3.84B | $1.17B | $1.46B |
Revenue by segment
How Western Midstream Partners, LP makes its money and how that has shifted. Names are as the company reports them.
- Service Fee Based90%
- Product5%
- Service Product Based5%
Figures as a table
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|
| Service Fee Based | $2.58B | $2.46B | $2.6B | $2.77B | $3.25B | $3.45B | 89.8% |
| Product | $138.56M | $290.95M | $399.02M | $145.02M | $140.1M | $194.68M | 5.1% |
| Service Product Based | $48.37M | $122.58M | $249.69M | $191.73M | $215.78M | $193.87M | 5% |
| Total revenue | $2.77B | $2.88B | $3.25B | $3.11B | $3.61B | $3.84B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.