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Compare · WES vs WMB

WES vs WMB

Side-by-side comparison of Western Midstream Partners LP (WES) and Williams Companies Inc. (WMB): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both WES and WMB operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
  • WMB is the larger of the two at $87.64B, about 5.1x WES ($17.34B).
  • Over the past year, WES is up 15.6% and WMB is up 17.3% - WMB leads by 1.7 points.
  • WMB has been more active in the news (5 items in the past 4 weeks vs 1 for WES).
  • Both have 25 recent analyst ratings on file.
PerformanceWES+15.64%WMB+17.32%
2025-06-03+0.00%2026-06-03
MetricWESWMB
Company
Western Midstream Partners LP
Williams Companies Inc.
Price
$43.95+0.76%
$71.65+0.50%
Market cap
$17.34B
$87.64B
1M return
+3.18%
-4.99%
1Y return
+15.64%
+17.32%
Industry
Natural Gas Distribution
Natural Gas Distribution
Exchange
NYSE
NYSE
IPO
2012
News (4w)
1
5
Recent ratings
25
25
WES

Western Midstream Partners LP

Western Midstream Partners, LP, together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids, and crude oil; and gathering and disposing of produced water. The company also buys and sells natural gas, NGLs, and condensate. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP operates as a subsidiary of Occidental Petroleum Corporation.

WMB

Williams Companies Inc.

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, and West segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and natural gas liquid (NGL) and natural gas marketing operations, as well as storage facilities. The company owns and operates 30,000 miles of pipelines, 34 processing facilities, 9 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

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