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Western Midstream Partners, LP (WES) backlog: remaining performance obligations

How much revenue Western Midstream Partners, LP already has under contract, how fast it converts, and who it is with.

Data as of .

Western Midstream Partners, LP backlog history

$0$2B$5B$8BSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2026$7.77Bn/an/a$1.25B
31 Mar 2026$7.98B$4.05B2.0 yrs$1.34B
31 Dec 2025$6.59B$3.84B1.7 yrs$767M
30 Sep 2025$6.80B$3.74B1.8 yrs$705M
30 Jun 2025$7.05B$3.67B1.9 yrs$674M
31 Mar 2025$7.34B$3.63B2.0 yrs$640M
31 Dec 2024$5.95B$3.61B1.7 yrs$611M
30 Sep 2024$6.26B$3.53B1.8 yrs$581M
30 Jun 2024$6.49B$3.43B1.9 yrs$553M
31 Mar 2024$6.66B$3.26B2.0 yrs$471M
31 Dec 2023$6.98B$3.11B2.2 yrs$446M
30 Sep 2023$6.88B$3.03B2.3 yrs$412M

Questions

What is Western Midstream Partners, LP's backlog?
Western Midstream Partners, LP reported $7.77B of remaining performance obligations at 30 Sep 2026, up 14% from a year earlier.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.