WES Western Midstream Partners LP

  1. Stocks
  2. Energy
  3. NYSE: WES

Price (delayed)

$26.11

Market cap

$10.04B

P/E Ratio

9.39

Dividend/share

$2

EPS

$2.78

Enterprise value

$16.63B

Western Midstream Partners, LP ('WES') is a Delawaremaster limited partnership formed to acquire, own, develop, and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas, ...

Highlights
Western Midstream Partners's quick ratio has soared by 80% YoY and by 24% from the previous quarter
WES's P/E is 25% below its 5-year quarterly average of 12.2
WES's EPS is up by 12% YoY but it is down by 8% from the previous quarter
The net income has contracted by 9% from the previous quarter but it has grown by 7% YoY
Western Midstream Partners's gross margin has decreased by 6% YoY
The company's equity fell by 5% YoY
Sector: Energy
Industry: Oil & Gas Midstream
Website: http://www.westerngas.com
Peers: EPD OKE ATO

Key stats

What are the main financial stats of WES
Market
Shares outstanding
384.62M
Market cap
$10.04B
Enterprise value
$16.63B
Valuations
Price to earnings (P/E)
9.39
Price to book (P/B)
3.39
Price to sales (P/S)
3.11
EV/EBIT
11.5
EV/EBITDA
8.16
EV/Sales
5.15
Earnings
Revenue
$3.23B
EBIT
$1.45B
EBITDA
$2.04B
Free cash flow
$1.15B
Per share
EPS
$2.78
Free cash flow per share
$2.99
Book value per share
$7.71
Revenue per share
$8.39
TBVPS
$27.06
Balance sheet
Total assets
$11.11B
Total liabilities
$8.01B
Debt
$6.7B
Equity
$2.97B
Working capital
$153.97M
Liquidity
Debt to equity
2.26
Current ratio
1.26
Quick ratio
1.15
Net debt/EBITDA
3.23
Margins
EBITDA margin
63.2%
Gross margin
65.9%
Net margin
34.5%
Operating margin
37.2%
Efficiency
Return on assets
9.6%
Return on equity
36.3%
Return on invested capital
8.8%
Return on capital employed
13.7%
Return on sales
44.8%
Dividend
Dividend yield
7.66%
DPS
$2
Payout ratio
71.9%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
2.63%
1 week
1.16%
1 month
2.88%
1 year
-8.74%
YTD
-2.76%
QTD
-0.99%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.23B
Gross profit
$2.13B
Operating income
$1.2B
Net income
$1.11B
Gross margin
65.9%
Net margin
34.5%
The operating margin has contracted by 12% YoY and by 7% from the previous quarter
The net income has contracted by 9% from the previous quarter but it has grown by 7% YoY
The revenue has grown by 9% year-on-year
The company's net margin fell by 8% QoQ

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
P/E
9.39
P/B
3.39
P/S
3.11
EV/EBIT
11.5
EV/EBITDA
8.16
EV/Sales
5.15
WES's P/E is 25% below its 5-year quarterly average of 12.2
WES's EPS is up by 12% YoY but it is down by 8% from the previous quarter
The company's equity fell by 5% YoY
WES's price to book (P/B) is 3.1% higher than its 5-year quarterly average of 3.2
The revenue has grown by 9% year-on-year
WES's P/S is 5% less than its last 4 quarters average of 3.2 but 4.5% more than its 5-year quarterly average of 2.9

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on assets has increased by 8% YoY but it has decreased by 8% QoQ
Western Midstream Partners's ROIC has decreased by 7% from the previous quarter but it has increased by 3.5% YoY
Western Midstream Partners's return on equity has decreased by 7% QoQ but it has increased by 7% YoY
WES's ROS is down by 6% from the previous quarter and by 4.9% YoY

Dividends

What is WES's dividend history
DPS
$2
Dividend yield
7.66%
Payout ratio
71.9%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 39% greater than the total liabilities
The company's current ratio has surged by 85% YoY and by 26% QoQ
Western Midstream Partners's quick ratio has soared by 80% YoY and by 24% from the previous quarter
The company's debt is 126% higher than its equity
The company's equity fell by 5% YoY
The company's debt fell by 3% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.