Intangibles (Net)
Western Midstream Partners Intangibles (Net) decreased by 1.3% to $901.91M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 40.5%, from $641.82M to $901.91M. Over 5 years (FY 2020 to FY 2025), Intangibles (Net) shows an upward trend with a 3.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values suggest a strong portfolio of secured contracts or operational rights, while a decline reflects ongoing amortization.
Detailed definition
This includes non-physical assets such as rights-of-way, permits, customer contracts, and intellectual property, net of...
Peer comparison
Midstream companies often hold significant intangible value related to long-term take-or-pay contracts and pipeline easements.
intangible_assets_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $760.58M | $752.66M | $744.74M | $736.83M | $728.91M | $720.99M | $713.08M | $705.16M | $697.24M | $689.32M | $681.41M | $673.49M | $665.57M | $657.66M | $649.74M | $641.82M | $633.91M | $625.99M | $913.76M | $901.91M |
| QoQ Change | — | -1.0% | -1.1% | -1.1% | -1.1% | -1.1% | -1.1% | -1.1% | -1.1% | -1.1% | -1.1% | -1.2% | -1.2% | -1.2% | -1.2% | -1.2% | -1.2% | -1.2% | +46.0% | -1.3% |
| YoY Change | — | — | — | — | -4.2% | -4.2% | -4.3% | -4.3% | -4.3% | -4.4% | -4.4% | -4.5% | -4.5% | -4.6% | -4.6% | -4.7% | -4.8% | -4.8% | +40.6% | +40.5% |
Intangibles (Net) at Other Companies
Frequently Asked Questions
- What is Western Midstream Partners's intangibles (net)?
- Western Midstream Partners (WES) reported intangibles (net) of $901.91M in Q1 2026.
- How has Western Midstream Partners's intangibles (net) changed year-over-year?
- Western Midstream Partners's intangibles (net) increased by 40.5% year-over-year, from $641.82M to $901.91M.
- What is the long-term trend for Western Midstream Partners's intangibles (net)?
- Over 5 years (2020 to 2025), Western Midstream Partners's intangibles (net) has grown at a 3.3% compound annual growth rate (CAGR), from $776.41M to $913.76M.
- What does intangibles (net) mean?
- The net value of non-physical assets like contracts, permits, and rights-of-way owned by the company.