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WES NYSE

Western Midstream Partners, LP
1W: +1.8% 1M: -0.9% 3M: -2.1% YTD: +16.3% 1Y: +18.8% 3Y: +99.6% 5Y: +179.2%
$45.31
+0.14 (+0.31%)
After Hours: $45.30 (-0.01, -0.02%)
Weekly Expected Move ±2.2%
$43 $44 $45 $46 $47
NYSE · Energy · Oil & Gas Midstream · Tech Score Neutral · Power 50 · $18.7B mcap · 257M float · 0.358% daily turnover · Short 18% of daily vol
Credit Risk of going bust: lower than 81% of companies Debt: 32.8% of company value Bonds: $325.9M held by 474 funds, 108 bp over Treasuries → details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.97 (down 98%), Western Midstream Partners, LP would be worth roughly what it owes.
Total debt $9.13B against a stock market value of $18.66B.
Distance to default 9.99 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $4.61B (short-term plus half of long-term), stock volatility 20.3%; Altman Z'' 0.96. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Supply Chain Overview

12 relationships
11
As Filer
counterparties named
1
As Counterparty
mentioned by others
3
Rel. Types
2021-10-01
Earliest Filing
2026-01-22
Latest Filing
partner: 5 target: 5 customer: 1

Counterparties (Filed by WES)

11 relationships

Companies named in WES's SEC 8-K filings as business counterparties.

Counterparty Ticker Relationship Summary Filing Date SEC
Anadarko E&P Onshore LLC — customer Counterparty to gas gathering agreement amendment and unit redemption agreement 2026-01-22 View
Occidental Petroleum Corporation OXY-WT partner Parent company of Anadarko E&P Onshore LLC and counterparty to unit redemption agreement 2026-01-22 View
Aris Water Solutions, Inc. — target Target company in a merger transaction with Western Midstream Partners, LP 2025-10-15 View
Aris Water Holdings, LLC — target Parent entity of Aris OpCo involved in the merger transaction 2025-10-15 View
Aris Water Solutions, Inc. ARIS target Target company in a merger agreement with Western Midstream Partners, LP. 2025-08-06 View
Aris Water Holdings, LLC — target Delaware limited liability company subsidiary of Aris Water Solutions, Inc. involved in the merger. 2025-08-06 View
Barclays Capital Inc. BCLYF partner Underwriter for the public offering of 6.350% Senior Notes due 2029 2023-09-29 View
Citigroup Global Markets Inc. — partner Underwriter for the public offering of 6.350% Senior Notes due 2029 2023-09-29 View
Meritage Midstream Services II, LLC — target Target of WES's pending acquisition funded by the Notes offering 2023-09-29 View
Computershare Trust Company, National Association — partner Trustee for the Indenture governing the Senior Notes 2023-09-29 View
Computershare Trust Company, National Association — partner Trustee for the Indenture governing the Senior Notes 2023-04-05 View

Mentioned As Counterparty

1 mentions

Other companies that named WES in their SEC 8-K filings.

Filed By Relationship Summary Filing Date SEC
CTRA Coterra Energy Inc. partner Board member of director Lisa A. Stewart 2021-10-01 View
Recent 8-K Filings (20)
Filing Date Description Type SEC
2026-08-05 Earnings Release; Exhibits View
2026-06-25 Material Agreement; Financial Obligation; Other Events; Exhibits Agreement View
2026-06-12 Material Agreement; Unregistered Equity Sales; Regulation FD; Exhibits Agreement View
2026-05-06 Earnings Release; Regulation FD; Exhibits View
2026-02-18 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2026-01-22 Entry into Material Definitive Agreement; Regulation FD Disclosure; Financial Statements and Exhibit Agreement View
2025-12-04 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Other Events; Fin Agreement View
2025-11-04 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2025-10-15 Completion of Acquisition or Disposition of Assets; Regulation FD Disclosure; Other Events; Financia Acquisition View
2025-08-06 Entry into Material Definitive Agreement; Results of Operations and Financial Condition; Regulation Agreement View
2025-05-07 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2025-04-09 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation Agreement View
2025-02-26 Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Ex View
2025-02-18 Departure/Election of Directors; Appointment of Officers View
2024-11-06 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2024-11-01 Departure/Election of Directors; Appointment of Officers; Regulation FD Disclosure; Financial Statem View
2024-08-20 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Other Events; Fin Agreement View
2024-08-14 Other Events; Financial Statements and Exhibits View
2024-08-07 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2024-05-16 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Financial Stateme Agreement View
Data extracted from SEC EDGAR 8-K filings using NLP. Relationships are as disclosed in filing text. Covers 2021–2026. View on SEC EDGAR

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms