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Non-Current Liabilities

Long-Term Debt

Western Midstream Partners Long-Term Debt decreased by 0.0% to $8.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $6.93B to $8.19B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 2.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026

How to read this metric

High levels indicate significant leverage, which can amplify returns but also increase financial risk during industry downturns.

Detailed definition

Long-term debt includes all interest-bearing financial obligations with maturities extending beyond one year, such as bo...

Peer comparison

Midstream companies are typically highly leveraged due to the capital-intensive nature of building pipelines and processing plants.

Metric ID: long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.84B$6.4B$6.4B$6.19B$6.66B$7.03B$6.57B$6.69B$6.82B$7.26B$7.28B$7.27B$7.14B$6.93B$6.93B$6.93B$6.92B$6.92B$8.2B$8.19B
QoQ Change-6.4%+0.0%-3.3%+7.6%+5.6%-6.5%+1.9%+1.9%+6.4%+0.3%-0.2%-1.8%-2.9%-0.0%-0.0%-0.0%+0.0%+18.4%-0.0%
YoY Change-2.6%+9.8%+2.6%+8.2%+2.5%+3.3%+10.9%+8.6%+4.6%-4.6%-4.9%-4.8%-3.0%-0.1%+18.3%+18.3%
Range$6.19B$8.2B
CAGR+3.9%
Avg YoY Growth+4.2%
Median YoY Growth+3.0%

Frequently Asked Questions

What is Western Midstream Partners's long-term debt?
Western Midstream Partners (WES) reported long-term debt of $8.19B in Q1 2026.
How has Western Midstream Partners's long-term debt changed year-over-year?
Western Midstream Partners's long-term debt increased by 18.3% year-over-year, from $6.93B to $8.19B.
What is the long-term trend for Western Midstream Partners's long-term debt?
Over 5 years (2020 to 2025), Western Midstream Partners's long-term debt has grown at a 2.0% compound annual growth rate (CAGR), from $7.42B to $8.2B.
What does long-term debt mean?
Debt obligations that are not due for at least one year.