Western Midstream Partners, LP (WES) Revenue & Revenue Breakdown


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Western Midstream Partners, LP Revenue Highlights


Latest Revenue (Y)

$3.84B

Latest Revenue (Q)

$952.48M

Main Segment (Y)

Service Fee Based

Western Midstream Partners, LP Revenue by Period


Western Midstream Partners, LP Revenue by Year

DateRevenueChange
2025-12-31$3.84B6.61%
2024-12-31$3.61B16.06%
2023-12-31$3.11B-4.47%
2022-12-31$3.25B13.02%
2021-12-31$2.88B3.77%
2020-12-31$2.77B0.96%
2019-12-31$2.75B37.98%
2018-12-31$1.99B-11.48%
2017-12-31$2.25B24.61%
2016-12-31$1.80B15.56%
2015-12-31$1.56B22.58%
2014-12-31$1.27B20.91%
2013-12-31$1.05B24.02%
2012-12-31$849.44M4.91%
2011-12-31$809.67M63.61%
2010-12-31$494.87M109.21%
2009-12-31$236.54M-65.69%
2008-12-31$689.48M170.01%
2007-12-31$255.35M-

Western Midstream Partners, LP generated $3.84B in revenue during NA 2025, up 6.61% compared to the previous quarter, and up 138.62% compared to the same period a year ago.

Western Midstream Partners, LP Revenue by Quarter

DateRevenueChange
2025-09-30$952.48M1.08%
2025-06-30$942.32M2.75%
2025-03-31$917.12M-1.23%
2024-12-31$928.50M5.11%
2024-09-30$883.36M-2.46%
2024-06-30$905.63M2.02%
2024-03-31$887.73M3.44%
2023-12-31$858.21M10.59%
2023-09-30$776.01M5.11%
2023-06-30$738.27M0.58%
2023-03-31$733.98M-5.83%
2022-12-31$779.44M-6.94%
2022-09-30$837.57M-4.43%
2022-06-30$876.42M15.58%
2022-03-31$758.30M5.43%
2021-12-31$719.21M-5.84%
2021-09-30$763.84M6.22%
2021-06-30$719.13M6.54%
2021-03-31$674.97M4.25%
2020-12-31$647.48M-4.65%
2020-09-30$679.04M1.09%
2020-06-30$671.75M-13.25%
2020-03-31$774.31M7.07%
2019-12-31$723.21M8.59%
2019-09-30$666.03M-11.04%
2019-06-30$748.65M11.43%
2019-03-31$671.88M20.45%
2018-12-31$557.79M9.85%
2018-09-30$507.76M16.47%
2018-06-30$435.95M-0.28%
2018-03-31$437.17M-30.83%
2017-12-31$632.02M9.97%
2017-09-30$574.70M9.37%
2017-06-30$525.45M1.79%
2017-03-31$516.19M1.05%
2016-12-31$510.82M6.06%
2016-09-30$481.64M12.36%
2016-06-30$428.66M11.88%
2016-03-31$383.14M3.19%
2015-12-31$371.29M-3.59%
2015-09-30$385.10M-4.30%
2015-06-30$402.41M7.28%
2015-03-31$375.09M11.01%
2014-12-31$337.90M3.50%
2014-09-30$326.46M-1.05%
2014-06-30$329.94M18.07%
2014-03-31$279.46M-3.84%
2013-12-31$290.62M4.54%
2013-09-30$278.00M8.97%
2013-06-30$255.13M11.05%
2013-03-31$229.75M2.08%
2012-12-31$225.06M-4.12%
2012-09-30$234.73M6.55%
2012-06-30$220.31M-1.94%
2012-03-31$224.68M6.54%
2011-12-31$210.88M-

Western Midstream Partners, LP generated $952.48M in revenue during Q3 2025, up 1.08% compared to the previous quarter, and up 105.17% compared to the same period a year ago.

Western Midstream Partners, LP Revenue Breakdown


Western Midstream Partners, LP Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Product$194.68M$140.10M$145.02M$399.02M$290.95M
Product and Service, Other$1.80M$1.08M$968.00K$953.00K$789.00K
Service Product Based$193.87M$215.78M$191.73M$249.69M$122.58M
Service Fee Based$3.45B$3.25B$2.77B$2.60B$2.46B

Western Midstream Partners, LP's latest annual revenue breakdown by segment (product or service), as of Dec 25: Service Fee Based (89.84%), Product (5.07%), Service Product Based (5.04%), and Product and Service, Other (0.05%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Product and Service, Other$1.24M$183.00K$181.00K$198.00K$395.00K$255.00K$435.00K$168.00K$368.00K$152.00K$280.00K$250.00K$227.00K$233.00K$243.00K$212.00K$248.00K$87.00K$242.00K$503.00K
Product$69.80M$50.13M$40.28M$34.47M$81.14M$19.67M$39.29M$44.69M$31.65M$29.66M$39.02M$84.27M$79.43M$149.74M$85.59M$63.59M$84.30M$72.26M$70.81M$30.07M
Service Fee Based$910.18M$868.25M$851.42M$823.20M$1.65B$814.32M$781.26M$763.84M$695.55M$661.51M$647.87M$647.95M$666.55M$655.95M$631.60M$621.09M$650.48M$618.99M$572.27M$603.78M
Service Product Based$50.25M$33.92M$50.44M$59.25M$99.92M$49.12M$66.74M$49.52M$48.45M$46.96M$46.81M$46.97M$91.36M$70.50M$40.87M$34.32M$28.81M$27.80M$31.65M$13.13M

Western Midstream Partners, LP's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Service Fee Based (88.24%), Product (6.77%), Service Product Based (4.87%), and Product and Service, Other (0.12%).

Western Midstream Partners, LP Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PAAPlains All American Pipeline$44.26B$11.58B
YPFYPF Sociedad Anónima$17.00B$4.31B
VGVenture Global$13.77B$3.33B
FTITechnipFMC$9.93B$2.65B
WESWestern Midstream Partners, LP$3.84B$952.48M
NXTNextpower$2.96B$909.35M
CTRACoterra Energy$2.75B$558.00M
HESMHess Midstream LP$1.62B$420.90M
DTMDT Midstream$1.24B$314.00M
AMAntero Midstream$1.19B$294.82M
VNOMViper Energy-$287.00M

WES Revenue FAQ


What is Western Midstream Partners, LP’s yearly revenue?

Western Midstream Partners, LP's yearly revenue for 2025 was $3.84B, representing an increase of 6.61% compared to 2024. The company's yearly revenue for 2024 was $3.61B, representing an increase of 16.06% compared to 2023. WES's yearly revenue for 2023 was $3.11B, representing a decrease of -4.47% compared to 2022.

What is Western Midstream Partners, LP’s quarterly revenue?

Western Midstream Partners, LP's quarterly revenue for Q3 2025 was $952.48M, a 1.08% increase from the previous quarter (Q2 2025), and a 7.82% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $942.32M, a 2.75% increase from the previous quarter (Q1 2025), and a 4.05% increase year-over-year (Q2 2024). WES's quarterly revenue for Q1 2025 was $917.12M, a -1.23% decrease from the previous quarter (Q4 2024), and a 3.31% increase year-over-year (Q1 2024).

What is Western Midstream Partners, LP’s revenue growth rate?

Western Midstream Partners, LP's revenue growth rate for the last 3 years (2023-2025) was 23.72%, and for the last 5 years (2021-2025) was 33.58%.

What are Western Midstream Partners, LP’s revenue streams?

Western Midstream Partners, LP's revenue streams in c 25 are Product, Product and Service, Other, Service Product Based, and Service Fee Based. Product generated $194.68M in revenue, accounting 5.07% of the company's total revenue, up 38.96% year-over-year. Product and Service, Other generated $1.8M in revenue, accounting 0.05% of the company's total revenue, up 66.27% year-over-year. Service Product Based generated $193.87M in revenue, accounting 5.04% of the company's total revenue, down -10.15% year-over-year. Service Fee Based generated $3.45B in revenue, accounting 89.84% of the company's total revenue, up 6.30% year-over-year.

What is Western Midstream Partners, LP’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Western Midstream Partners, LP was Service Fee Based. This segment made a revenue of $3.45B, representing 89.84% of the company's total revenue.