WES Western Midstream Partners LP

Price (delayed)

$16.54

Market cap

$6.88B

P/E Ratio

13.45

Dividend/share

$1.86

EPS

$1.23

Enterprise value

$14.62B

Sector: Energy
Industry: Oil & Gas Midstream

Highlights

WES's gross profit is up by 20% YoY and by 7% QoQ
Western Midstream Partners's gross margin has increased by 14% YoY and by 6% from the previous quarter
WES's P/E is 58% above its last 4 quarters average of 8.5 but 39% below its 5-year quarterly average of 21.9
Western Midstream Partners's quick ratio has decreased by 31% YoY but it has increased by 21% from the previous quarter
The company's equity fell by 17% YoY and by 5% QoQ

Key stats

What are the main financial stats of WES
Market
Shares outstanding
416.2M
Market cap
$6.88B
Enterprise value
$14.62B
Valuations
Price to earnings (P/E)
13.45
Price to book (P/B)
2.77
Price to sales (P/S)
2.55
EV/EBIT
16.01
EV/EBITDA
10.31
EV/Sales
5.13
Earnings
Revenue
$2.85B
EBIT
$913.7M
EBITDA
$1.42B
Free cash flow
$758.34M
Per share
EPS
$1.23
Free cash flow per share
$1.73
Book value per share
$5.98
Revenue per share
$6.49
TBVPS
$24.84
Balance sheet
Total assets
$11.69B
Total liabilities
$8.9B
Debt
$7.88B
Equity
$2.65B
Working capital
-$193.5M
Liquidity
Debt to equity
2.97
Current ratio
0.77
Quick ratio
0.7
Net debt/EBITDA
5.46
Margins
EBITDA margin
49.8%
Gross margin
69.3%
Net margin
19.3%
Operating margin
21.2%
Efficiency
Return on assets
4.5%
Return on equity
19.1%
Return on invested capital
5%
Return on capital employed
8.4%
Return on sales
32.1%
Dividend
Dividend yield
11.27%
DPS
$1.86
Payout ratio
151.5%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
-1.9%
1 week
7.19%
1 month
10.78%
1 year
-23.14%
YTD
19.68%
QTD
19.68%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$2.85B
Gross profit
$1.98B
Operating income
$604.42M
Net income
$550.89M
Gross margin
69.3%
Net margin
19.3%
The operating margin has contracted by 38% YoY but it has grown by 13% from the previous quarter
The operating income has declined by 35% year-on-year but it has increased by 14% since the previous quarter
The net income has grown by 29% from the previous quarter but it has contracted by 4.7% YoY
The company's net margin rose by 29% QoQ but it fell by 9% YoY

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
P/E
13.45
P/B
2.77
P/S
2.55
EV/EBIT
16.01
EV/EBITDA
10.31
EV/Sales
5.13
WES's P/E is 58% above its last 4 quarters average of 8.5 but 39% below its 5-year quarterly average of 21.9
WES's EPS is up by 29% from the previous quarter but it is down by 10% YoY
WES's price to book (P/B) is 73% higher than its last 4 quarters average of 1.6 but 51% lower than its 5-year quarterly average of 5.7
The company's equity fell by 17% YoY and by 5% QoQ
WES's P/S is 59% more than its last 4 quarters average of 1.6 but 29% less than its 5-year quarterly average of 3.6
The revenue has grown by 4.9% year-on-year

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on equity has increased by 35% QoQ and by 24% YoY
Western Midstream Partners's return on assets has increased by 29% QoQ and by 13% YoY
Western Midstream Partners's ROIC has increased by 19% from the previous quarter but it has decreased by 9% YoY
WES's ROS is up by 18% from the previous quarter but it is down by 2.1% YoY

Dividends

What is WES's dividend history
DPS
$1.86
Dividend yield
11.27%
Payout ratio
151.5%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 31% greater than the total liabilities
Western Midstream Partners's quick ratio has decreased by 31% YoY but it has increased by 21% from the previous quarter
The company's current ratio rose by 22% QoQ and by 17% YoY
The company's debt is 197% higher than its equity
Western Midstream Partners's debt to equity has increased by 22% YoY and by 4.2% QoQ
The company's equity fell by 17% YoY and by 5% QoQ

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