WES (Western Midstream Partners LP) Inventories, Inventories Adjustments: $0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WES Western Midstream Partners LP WES
86 GF Score
Price $49.03
GF Value $46.75
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Western Midstream Partners LP Inventories, Inventories Adjustments?

Western Midstream Partners LP WES +1.74% 86 Inventories, Inventories Adjustments is $0 Mil as of Jun. 2026. GuruFocus rates WES with a GF Score™ of 86/100 and a GF Value™ of $46.75 (Fairly Valued). The stock has 8 warning signs investors should review.

Western Midstream Partners LP's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $0 Mil.


Western Midstream Partners LP Inventories, Inventories Adjustments Historical Data

* Premium members only.

The historical data trend for Western Midstream Partners LP's Inventories, Inventories Adjustments 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.

Western Midstream Partners LP Inventories, Inventories Adjustments Chart

Western Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Western Midstream Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00
WES
86GF Score
Western Midstream Partners LP WES
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Midstream Partners LP Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $0 Mil mean?
Western Midstream Partners LP (WES) has a Inventories, Inventories Adjustments of $0 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Western Midstream Partners LP and its competitors.
Is Western Midstream Partners LP's Inventories, Inventories Adjustments too high?
Western Midstream Partners LP's current Inventories, Inventories Adjustments is $0 Mil. Overall, Western Midstream Partners LP has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Midstream Partners LP's Inventories, Inventories Adjustments compare to PAA and VNOM?
Western Midstream Partners LP's Inventories, Inventories Adjustments of $0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for an Oil & Gas company?
A good Inventories, Inventories Adjustments depends on the Oil & Gas industry context. However, Inventories, Inventories Adjustments should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Western Midstream Partners LP and its competitors. Western Midstream Partners LP's current Inventories, Inventories Adjustments is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Western Midstream Partners LP (WES) is currently considered Fairly Valued. The stock's GF Value™ is $46.75, compared to a current price of $49.03 — trading 4.9% above its estimated fair value. The current Inventories, Inventories Adjustments is $0 Mil. Western Midstream Partners LP's overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current Inventories, Inventories Adjustments is $0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Midstream Partners LP (WES) Overvalued in 2026?

Based on GuruFocus' analysis, Western Midstream Partners LP stock appears to be overvalued. The current stock price of $49.03 is trading 4.9% above its estimated GF Value™ of $46.75. GuruFocus considers Western Midstream Partners LP to be Fairly Valued.

Key valuation signals for WES:

  • Inventories, Inventories Adjustments: $0 Mil
  • GF Value™: $46.75 vs. price of $49.03 (4.9% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the WES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a USA-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) and Texas.
86GF Score

Get the complete analysis for WES

Inventories, Inventories Adjustments is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$49.03
Price
$46.75
GF Value