Western Midstream Partners, LP (WES) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: January 22, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.22% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
380M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

WES currently has 381M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.22% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jan 22, 2026

8-K filing: Western Midstream Partners, LP will redeem approximately 15.3 million of its common units from Occidental Petroleum Corporation on February 3, 2026, resulting in Occidental indirectly holding 37.2% of WES's outstanding Common Units.

380M 0
May 07, 2025

10-Q filing | 381.3M shares outstanding

380M 0
Feb 26, 2025

10-K filing | 381.3M shares outstanding

380M 0
Nov 06, 2024

10-Q filing | 380.6M shares outstanding

380M 0
Aug 14, 2024

8-K filing: Western Midstream Partners, LP announces an Underwriting Agreement for the sale of 19,000,000 common units at $35.75 per unit, with an option for the underwriter to purchase an additional 2,850,000 units; the offering is expected to close on August 14, 2024.

380M 0
Aug 07, 2024

10-Q filing | 380.5M shares outstanding

380M 0
May 08, 2024

10-Q filing | 380.5M shares outstanding

380M 0
Feb 21, 2024

10-K filing | 380.5M shares outstanding

380M 0
Nov 01, 2023

10-Q filing | 379.5M shares outstanding

380M 0
Sep 12, 2023

8-K filing: Western Midstream Partners, LP repurchased 5.1 million common units from a subsidiary of Occidental Petroleum Corporation for $127.5 million as part of its repurchase program. ($127.5M proceeds)

380M 0
Aug 08, 2023

10-Q filing | 384.6M shares outstanding

380M 0
May 03, 2023

10-Q filing | 384.6M shares outstanding

380M 0
Apr 05, 2023

8-K filing: Western Midstream Operating, LP completed a public offering of $750,000,000 aggregate principal amount of 6.150% Senior Notes due 2033, using the net proceeds to repay borrowings under its revolving credit facility and for general partnership purposes. ($748.0M proceeds)

380M 0
Feb 22, 2023

10-K filing | 384.9M shares outstanding

380M 0
Nov 02, 2022

10-Q filing | 385.1M shares outstanding

390M 0
Aug 03, 2022

10-Q filing | 386.5M shares outstanding

390M 0
May 10, 2022

10-Q filing | 403.3M shares outstanding

400M 0
Feb 23, 2022

10-K filing | 403.5M shares outstanding

400M 0
Nov 09, 2021

10-Q filing | 408.4M shares outstanding

410M 0
Aug 09, 2021

10-Q filing | 413.1M shares outstanding

410M 0
May 10, 2021

10-Q filing | 413.1M shares outstanding

410M 0
Mar 25, 2021

8-K filing: Western Midstream Partners, LP completed the sale of 11,500,000 common units to the Underwriter on March 25, 2021, at a price of $17.25 per unit, resulting in gross proceeds of $198,375,000 for the Selling Unitholder. ($198.38M proceeds)

410M 0
Feb 26, 2021

10-K filing | 413.1M shares outstanding

410M 0
Nov 09, 2020

10-Q filing | 416.2M shares outstanding

420M 0
Aug 10, 2020

10-Q filing | 444.0M shares outstanding

440M 0
May 05, 2020

10-Q filing | 444.0M shares outstanding

440M 0
Feb 27, 2020

10-K filing | 444.0M shares outstanding

440M 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime