With a market capitalization (market cap) of $18.49B — a measure of how much the company is worth — Western Midstream Partners, LP ranks #620 among the 2,510 companies tracked, and 50th in Energy as of October 3, 2026. Shares trade at $44.76, up 0.86% on the day.
of 2,510 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation October 2, 2026. Ranking headline cap is the snapshot figure as of October 3, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Oct 2, 2026 | $17.82B | +13.02% | $44.76 |
| 2025 | Dec 31, 2025 | $15.76B | +7.67% | $39.50 |
| 2024 | Dec 31, 2024 | $14.64B | +31.85% | $38.43 |
| 2023 | Dec 29, 2023 | $11.1B | +7.46% | $29.26 |
Ranking figure $18.49B as of October 3, 2026.
Western Midstream Partners, LP's ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $44.76 as of October 2, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $17.82B on October 2, 2026. See how the ranking works.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 400,492,000 shares. That figure is an average for the year, not the live count in the market-cap formula.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #19 | Exxon Mobil Corporation XOM | $679.73B | +0.12% |
| #29 | Chevron Corporation CVX | $411.8B | -0.16% |
| #51 | Shell plc |
Western Midstream Partners, LP, an energy infrastructure company operating with its subsidiaries, primarily acquires, owns, develops, and manages assets across the United States. Its core functions include the collection, compression, treatment, processing, and transportation of natural gas. The firm also handles the gathering, stabilization, and conveyance of condensate, natural gas liquids (NGLs), and crude oil, alongside the collection and disposal of water generated during production.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of October 3, 2026, Western Midstream Partners, LP (WES) is worth $18.49B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, Western Midstream Partners, LP’s book equity is about $4.16B. Market cap is the market value of the outstanding shares. As of October 3, 2026, its market cap is $18.49B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
Western Midstream Partners, LP ranks #620 among the 2,510 companies tracked on MarketCapLens. In Energy it ranks #50 of 158.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
| 2022 |
|---|
| Dec 30, 2022 |
| $10.33B |
| +15.07% |
| $26.85 |
| 2021 | Dec 31, 2021 | $8.98B | — | $22.27 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
Not in this snapshot
FY 2025
| $268.3B |
| +0.65% |
| #81 | TotalEnergies SE TTE | $187.96B | -0.13% |
| #100 | ConocoPhillips COP | $154.42B | -0.24% |
| #111 | Petróleo Brasileiro S.A. - Petrobras PBR | $139.52B | +3.19% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #617 | Nordson Corporation NDSN | $18.58B | +1.37% |
| #618 | Best Buy Co., Inc. BBY | $18.54B | +0.31% |
| #619 | Permian Resources Corporation PR | $18.52B | +0.87% |
| #621 | Telefônica Brasil S.A. VIV | $18.47B | +1.58% |
| #622 | ITT Inc. ITT | $18.43B | +2.00% |
| #623 | Sociedad Química y Minera de Chile S.A. SQM | $18.43B | +0.62% |
Western Midstream Partners, LP’s ranking market cap of $18.49B comes from the same snapshot as the rest of this site, as of October 3, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 400,492,000. The historical market-cap series last observed $17.82B on October 2, 2026.
Over the past year, Western Midstream Partners, LP’s market cap is up 14.33%, using historical market-cap records rather than today’s share count applied to past prices.
Western Midstream Partners, LP (WES) shares trade at $44.76, up 0.86% on the day, as of October 3, 2026.
Western Midstream Partners, LP trades at a live price-to-earnings (P/E) ratio of 14.9, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.