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Western Midstream Partners LP (Western Midstream Partners LP) Market Cap

: $13,462 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Western Midstream Partners LP's share price for the quarter that ended in Dec. 2023 was $29.26. Western Midstream Partners LP's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 380 Mil. Therefore, Western Midstream Partners LP's market cap for the quarter that ended in Dec. 2023 was $11,105 Mil.

Western Midstream Partners LP's quarterly market cap increased from Jun. 2023 ($10,200 Mil) to Sep. 2023 ($10,334 Mil) and increased from Sep. 2023 ($10,334 Mil) to Dec. 2023 ($11,105 Mil).

Western Midstream Partners LP's annual market cap increased from Dec. 2021 ($8,975 Mil) to Dec. 2022 ($10,312 Mil) and increased from Dec. 2022 ($10,312 Mil) to Dec. 2023 ($11,105 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Western Midstream Partners LP's Enterprise Value for Today is $20,812 Mil.


Western Midstream Partners LP Market Cap Historical Data

The historical data trend for Western Midstream Partners LP's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Midstream Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,741.79 5,719.27 8,974.68 10,312.31 11,104.76

Western Midstream Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,312.31 10,142.30 10,199.96 10,334.22 11,104.76

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Midstream Partners LP Market Cap Distribution

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's Market Cap distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's Market Cap falls into.



Western Midstream Partners LP Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Western Midstream Partners LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$29.26*379.52
=$11,105

Western Midstream Partners LP's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$29.26*379.52
=$11,105

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Midstream Partners LP  (NYSE:WES) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Western Midstream Partners LP Market Cap Related Terms

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Western Midstream Partners LP (Western Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Executives
Kerr Mcgee Corp /de 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Occidental Petroleum Corp /de/ 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Alejandro O Nebreda officer: SVP, Business Services 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Michael S. Forsyth officer: SVP, North Operations 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman officer: SVP Co-Chief Operating Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Robert W. Bourne officer: SVP & Chief Commercial Officer 1400 16TH STREET, SUITE 310, DENVER CO 80202
Kristen S. Shults officer: SVP & Chief Financial Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber director 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher B. Dial officer: SVP, GC and Secretary 2103 CITYWEST BLVD., BUILDING 4, SUITE 800, HOUSTON TX 77042
Charles G. Griffie officer: SVP, Ops and Engineering 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Catherine A. Green officer: VP & Chief Accounting Officer 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Lisa A Stewart director EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Craig W Collins officer: SVP & Chief Operating Officer 15021 KATY FREEWAY, SUITE 400, HOUSTON TX 77094