WES Western Midstream Partners LP

Price (delayed)

$24.12

Market cap

$9.73B

P/E Ratio

9.69

Dividend/share

$1.47

EPS

$2.49

Enterprise value

$16.39B

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
WES's P/E is 34% below its 5-year quarterly average of 14.9
WES's EPS is up by 14% from the previous quarter and by 14% YoY
Western Midstream Partners's quick ratio has decreased by 42% YoY but it has increased by 14% from the previous quarter
Western Midstream Partners's gross margin has decreased by 2.9% YoY but it has increased by 2.6% from the previous quarter

Key stats

What are the main financial stats of WES
Market
Shares outstanding
403.33M
Market cap
$9.73B
Enterprise value
$16.39B
Valuations
Price to earnings (P/E)
9.69
Price to book (P/B)
3.11
Price to sales (P/S)
3.29
EV/EBIT
11.76
EV/EBITDA
8.41
EV/Sales
5.54
Earnings
Revenue
$2.96B
EBIT
$1.39B
EBITDA
$1.95B
Free cash flow
$1.44B
Per share
EPS
$2.49
Free cash flow per share
$3.58
Book value per share
$7.75
Revenue per share
$7.34
TBVPS
$26.54
Balance sheet
Total assets
$11.45B
Total liabilities
$8.18B
Debt
$6.91B
Equity
$3.13B
Working capital
-$430.83M
Liquidity
Debt to equity
2.21
Current ratio
0.68
Quick ratio
0.64
Net debt/EBITDA
3.42
Margins
EBITDA margin
65.8%
Gross margin
70.4%
Net margin
35.1%
Operating margin
42.1%
Efficiency
Return on assets
8.9%
Return on equity
34%
Return on invested capital
8.5%
Return on capital employed
13.8%
Return on sales
47.1%
Dividend
Dividend yield
6.09%
DPS
$1.47
Payout ratio
59%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
-2.11%
1 week
5.14%
1 month
-13.14%
1 year
12.97%
YTD
8.31%
QTD
-4.36%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$2.96B
Gross profit
$2.08B
Operating income
$1.25B
Net income
$1.04B
Gross margin
70.4%
Net margin
35.1%
The net income has grown by 13% from the previous quarter and by 7% YoY
The revenue has grown by 11% year-on-year and by 2.9% since the previous quarter
The operating income has increased by 10% since the previous quarter and by 7% year-on-year
The company's net margin rose by 10% QoQ but it fell by 3.3% YoY

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
P/E
9.69
P/B
3.11
P/S
3.29
EV/EBIT
11.76
EV/EBITDA
8.41
EV/Sales
5.54
WES's P/E is 34% below its 5-year quarterly average of 14.9
WES's EPS is up by 14% from the previous quarter and by 14% YoY
WES's price to book (P/B) is 22% lower than its 5-year quarterly average of 4.1 but 2.6% higher than its last 4 quarters average of 3.1
The company's equity rose by 12% YoY and by 6% QoQ
The revenue has grown by 11% year-on-year and by 2.9% since the previous quarter
WES's P/S is 8% more than its 5-year quarterly average of 3.1 and 5% more than its last 4 quarters average of 3.2

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on assets has increased by 14% QoQ and by 10% YoY
Western Midstream Partners's return on equity has increased by 10% QoQ
Western Midstream Partners's ROIC has increased by 10% from the previous quarter and by 10% YoY
WES's ROS is down by 8% YoY but it is up by 6% from the previous quarter

Dividends

What is WES's dividend history
DPS
$1.47
Dividend yield
6.09%
Payout ratio
59%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 40% greater than the total liabilities
The company's current ratio fell by 46% YoY but it rose by 13% QoQ
Western Midstream Partners's quick ratio has decreased by 42% YoY but it has increased by 14% from the previous quarter
The company's debt is 121% higher than its equity
Western Midstream Partners's debt to equity has decreased by 17% YoY and by 5% QoQ
The company's equity rose by 12% YoY and by 6% QoQ

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