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WES

Western Midstream·NYSE
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WES fundamentals

Western Midstream (WES) released its earnings on Nov 4, 2025: revenue was 952.48M (YoY +7.82%), missed estimates; EPS was 0.87 (YoY +17.57%), missed estimates.
Revenue / YoY
952.48M
+7.82%
EPS / YoY
0.87
+17.57%
Report date
Nov 4, 2025
WES Earnings Call Summary for Q3,2025
  • Record Q3 Performance: Adjusted EBITDA of $634 million, driven by cost reductions and operational efficiency.
  • Aris Synergies: $40 million annual target, with 2.5 months of contribution in Q4.
  • Pipeline Optimization: Pathfinder disposal capacity expansion enhances returns.
  • Cost Savings: O&M down 5% Q/Q, with more savings expected.
  • 2026 Growth: Delaware Basin leads with 40% produced water growth, while PRB and DJ Basin face commodity headwinds.
  • Financial Strength: 3x leverage supports projects, with free cash flow above $1.475 billion.
EPS
Revenue

Revenue & Expenses

WES has released its 2025 Q3 earnings report, with revenue of 952.48M, reflecting a YoY change of 7.82%, and net profit of 348.87M, showing a YoY change of 17.91%. The Sankey diagram below clearly presents WES's revenue sources and cost distribution.

Key Indicators

Western Midstream (WES) key financial stats and ratios, covering profitability, financial health, and leverage.
Western Midstream (WES)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Western Midstream (WES)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Western Midstream (WES)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Western Midstream (WES) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Western Midstream (WES) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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