Western Midstream Partners, LP

NYSE:WES Stock Report

Market Cap: US$14.3b

Western Midstream Partners Management

Management criteria checks 3/4

Western Midstream Partners' CEO is Oscar Brown, appointed in Oct 2024, has a tenure of less than a year. total yearly compensation is $7.57M, comprised of 1.9% salary and 98.1% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $1.50M. The average tenure of the management team and the board of directors is 2.9 years and 4.6 years respectively.

Key information

Oscar Brown

Chief executive officer

US$7.6m

Total compensation

CEO salary percentage1.9%
CEO tenureless than a year
CEO ownership0.01%
Management average tenure2.9yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Western Midstream Can Continue To Afford Its Leading Dividend

Mar 27

Western Midstream Partners: A Dividend-Paying Machine In A Time Of High Volatility

Mar 17

Western Midstream: Scoop Up This Ultra-High-Yielding Deal Now

Feb 11

Western Midstream: Deeply Undervalued With An 8.7% Yield

Jan 10

Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow

Dec 16

Western Midstream: 9% Yield Looks Solid Despite Moderating Growth

Nov 19

Western Midstream: 9% Yield With Growth Tailwinds From Permian Gas Expansion

Nov 08

Western Midstream: Pumping Out A Massive 9% Yield

Oct 18

Western Midstream: My Top 2 MLP Income Pick

Oct 06

Western Midstream: Time To Buy This Ultra-High-Yielding Bargain

Sep 13
author-image

Strategic Expansion And Cost-Saving Innovations Fuel Growth In Natural Gas Sector

Aug 21 Enhanced revenue prospects through volume expansion in key basins and strategic cost savings aim to improve net margins.

Western Midstream Partners: High Yield Supported By Growth

Aug 09

8.8% Yield And Investment Grade? I'm All In - Western Midstream

Jul 30

Western Midstream: One Of The Highest Energy Yields

Jul 08

Western Midstream: This 9%-Yielding MLP May Be Worth Buying Now

Jun 20

9.3% Yield And Investment-Grade Rating Yes! Western Midstream

Jun 07

Shopping For Income? Don't Ignore 9%-Yielding Western Midstream Partners

May 20

Western Midstream Continues To Drive Reliable Returns

May 13

Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company

Apr 03

Western Midstream: Redlining The Balance Sheet

Mar 16

Western Midstream's Recent Strength Doesn't Change The Thesis

Mar 05

My Income Climbed 52%, More Capital Gains Ahead: Western Midstream

Feb 28

Western Midstream: The Breakout Is Here And It's Likely Not Over

Feb 22

Natural Gas Demand Is Soaring: Earn +8% Yields From Western Midstream

Dec 26

Western Midstream Partners: Latest Actions Should Drive A Breakout

Nov 02

Western Midstream: Meritage Acquisition Should Drive Growth

Oct 26

Western Midstream's Lack Of Appreciation Is Your Opportunity

Oct 01

Western Midstream Partners LP: Strong And Reliable Yield For The Dividend-Oriented Investor

Sep 25

Western Midstream Partners: Guidance Doesn't Reflect Long-Term Opportunity

Aug 13

Western Midstream Partners LP: Occidental Benefits

Jul 24

Western Midstream: Steady Performer Remains A Buy

Jul 13

Western Midstream: Leading The Pack In Midstream

Jun 13

Western Midstream: Buy The Dip

Jun 06

Western Midstream: Untapped Potential

Feb 21

Western Midstream Partners declares $0.50 dividend

Jan 20

Western Midstream: Growth Moderating, Bonds Looking Competitive

Nov 04

Western Midstream Partners goes ex-dividend tomorrow

Oct 27

Western Midstream Partners: A 12% Distribution Yield Could Be Coming Soon

Sep 10

Western Midstream: A Double-Digit Yielding Investment For Any Retirement Portfolio

Aug 08

CEO Compensation Analysis

How has Oscar Brown's remuneration changed compared to Western Midstream Partners's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$8mUS$146k

US$2b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$279kn/a

US$999m

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$279kn/a

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$254kn/a

US$896m

Sep 30 2021n/an/a

US$917m

Jun 30 2021n/an/a

US$908m

Mar 31 2021n/an/a

US$949m

Dec 31 2020US$124kn/a

US$516m

Compensation vs Market: Oscar's total compensation ($USD7.57M) is below average for companies of similar size in the US market ($USD14.30M).

Compensation vs Earnings: Oscar's compensation has increased by more than 20% in the past year.


CEO

Oscar Brown (53 yo)

less than a year

Tenure

US$7,568,560

Compensation

Mr. Oscar K. Brown is President, CEO & Director - Western Midstream Holdings LLC, the General Partner of Western Midstream Partners, LP and Western Midstream Operating, LP from October 28, 2024. Mr. Brown...


Leadership Team

NamePositionTenureCompensationOwnership
Oscar Brown
Presidentless than a yearUS$7.57m0.010%
$ 1.5m
Kristen Shults
Senior VP & CFO - Western Midstream Holdings LLC2.9yrsUS$4.22m0.023%
$ 3.3m
Daniel Holderman
Senior VP & COO of Western Midstream Holdingsless than a yearUS$4.24m0.0094%
$ 1.3m
Christopher Dial
Senior VP5.3yrsUS$4.22m0.044%
$ 6.3m
Catherine Green
Senior VP & Chief Accounting Officer of Western Midstream Holdings5.5yrsUS$2.16m0.020%
$ 2.9m
Keith Herndon
VP & Chief Information Officer2.3yrsno datano data
Daniel Jenkins
Director of Investor Relations - Western Midstream Holdings LLCno datano datano data
Jonathan Greenberg
VP, Head of Corporate Development & New Business Ventures5.4yrsno datano data
Crystal Sled
Chief Human Resources Officer & Senior Vice President4.8yrsno datano data
Jonathon VandenBrand
Senior Vice President of Commercialless than a yearno datano data
Ben Hansen
Senior Vice President of Business Servicesless than a yearno datano data
Scott Peterson
Vice President of Corporate Planning & Treasurer5.4yrsno datano data

2.9yrs

Average Tenure

47yo

Average Age

Experienced Management: WES's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Oscar Brown
President5.7yrsUS$7.57m0.010%
$ 1.5m
David Schulte
Independent Director of Western Midstream Holdings LLC4.6yrsUS$279.00k0.0095%
$ 1.4m
Peter Bennett
Chairman of Western Midstream Holdings LLC5.7yrsno datano data
Lisa Stewart
Independent Director of Western Midstream Holdings LLC4.6yrsUS$281.00k0.0094%
$ 1.3m
Nicole Clark
Director of Western Midstream Holdings4.3yrsno datano data
Kenneth Owen
Independent Director of Western Midstream Holdings LLC4.6yrsUS$279.00k0.010%
$ 1.4m
Frederick Forthuber
Director of Western Midstream Holdings LLC3.3yrsno datano data

4.6yrs

Average Tenure

56yo

Average Age

Experienced Board: WES's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/17 21:32
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Western Midstream Partners, LP is covered by 34 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Marc SolecittoBarclays
Jean Ann SalisburyBofA Global Research