Western Midstream Partners, LP
WESNYSEUtilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.60B | $3.11B | $3.25B | $2.70B | $2.55B |
| Operating income | $1.60B | $1.97B | $1.38B | $1.59B | $1.34B | $878.9M |
| Net income | $1.18B | $1.57B | $1.02B | $1.22B | $916.3M | $527.0M |
| Total assets | $15.00B | $13.14B | $12.47B | $11.27B | $11.27B | $11.83B |
| Total liabilities | $10.84B | $9.77B | $9.44B | $8.16B | $8.18B | $8.93B |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 381.3M | 380.5M | 384.9M | 403.5M | 413.1M | 444.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 41.7%
- Net margin
- 30.7%
- Return on equity
- —
- Return on assets
- 7.9%
- Return on capital (ROCE)
- 11.6%
- Liabilities / assets
- 72.2%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 6.6%
- Net income growth (YoY)
- −24.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −6.9%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 4 good- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Alps Advisors IncPassive (13G)Apr 8, 2026
- Occidental Petroleum Corp /De/Activist (13D)Feb 5, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 8.0M | 4.4 | -5.0% |
| Apr 30, 2026 | 8.4M | 4.0 | +8.4% |
| Apr 15, 2026 | 7.8M | 8.5 | -0.6% |
| Mar 31, 2026 | 7.8M | 5.5 | +17.8% |
| Mar 13, 2026 | 6.6M | 4.0 | -0.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureMay 6, 2026
- Results of operationsFeb 18, 2026
- Entered a material agreement · Regulation FD disclosureJan 22, 2026
- Entered a material agreement · New financial obligation · Other material eventDec 4, 2025
- Results of operationsNov 4, 2025
- Completed an acquisition or disposition · Regulation FD disclosure · Other material eventOct 15, 2025
- Entered a material agreement · Results of operations · Regulation FD disclosureAug 6, 2025
- Results of operationsMay 7, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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