WES Western Midstream Partners LP

  1. Stocks
  2. Energy
  3. NYSE: WES

Price (delayed)

$35.94

Market cap

$13.67B

P/E Ratio

13.77

Dividend/share

$2.21

EPS

$2.61

Enterprise value

$21.3B

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 gross profit is up by 4.7% QoQ
Western Midstream Partners's gross margin has increased by 4.9% YoY and by 2% from the previous quarter
The revenue has declined by 4.5% year-on-year but it has grown by 2.6% since the previous quarter
The company's equity rose by 2.6% QoQ but it fell by 2.5% YoY
Western Midstream Partners's quick ratio has plunged by 59% from the previous quarter and by 23% YoY
WES's P/E is 35% above its last 4 quarters average of 10.2 and 31% above its 5-year quarterly average of 10.5
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
380.48M
Market cap
$13.67B
Enterprise value
$21.3B
Valuations
Price to earnings (P/E)
13.77
Price to book (P/B)
4.71
Price to sales (P/S)
4.43
EV/EBIT
15.5
EV/EBITDA
10.78
EV/Sales
6.86
Earnings
Revenue
$3.11B
EBIT
$1.37B
EBITDA
$1.98B
Free cash flow
$926.25M
Per share
EPS
$2.61
Free cash flow per share
$2.42
Book value per share
$7.63
Revenue per share
$8.11
TBVPS
$30.77
Balance sheet
Total assets
$12.47B
Total liabilities
$9.44B
Debt
$7.9B
Equity
$2.9B
Working capital
-$311.65M
Liquidity
Debt to equity
2.73
Current ratio
0.76
Quick ratio
0.72
Net debt/EBITDA
3.86
Margins
EBITDA margin
63.6%
Gross margin
70.2%
Net margin
32.9%
Operating margin
39.8%
Efficiency
Return on assets
8.6%
Return on equity
34.5%
Return on invested capital
8.1%
Return on capital employed
12.3%
Return on sales
44.3%
Dividend
Dividend yield
6.16%
DPS
$2.21
Payout ratio
84.8%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
0.96%
1 week
4.39%
1 month
3.81%
1 year
33.76%
YTD
22.83%
QTD
1.1%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.11B
Gross profit
$2.18B
Operating income
$1.24B
Net income
$1.02B
Gross margin
70.2%
Net margin
32.9%
The net income has contracted by 16% YoY and by 4.5% from the previous quarter
The company's net margin fell by 12% YoY and by 7% QoQ
The operating income has increased by 7% since the previous quarter but it has declined by 4.9% year-on-year
WES's gross profit is up by 4.7% QoQ

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
WES P/E details
P/E
13.77
P/B
4.71
P/S
4.43
EV/EBIT
15.5
EV/EBITDA
10.78
EV/Sales
6.86
WES's P/E is 35% above its last 4 quarters average of 10.2 and 31% above its 5-year quarterly average of 10.5
WES's EPS is down by 13% YoY and by 4% from the previous quarter
WES's price to book (P/B) is 62% higher than its 5-year quarterly average of 2.9 and 31% higher than its last 4 quarters average of 3.6
The company's equity rose by 2.6% QoQ but it fell by 2.5% YoY
WES's P/S is 48% more than its 5-year quarterly average of 3.0 and 30% more than its last 4 quarters average of 3.4
The revenue has declined by 4.5% year-on-year but it has grown by 2.6% since the previous quarter

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on assets has decreased by 17% YoY and by 7% QoQ
Western Midstream Partners's ROIC has decreased by 15% YoY and by 4.7% from the previous quarter
Western Midstream Partners's return on equity has decreased by 12% YoY and by 3.9% QoQ
WES's ROS is down by 7% YoY and by 4.7% from the previous quarter

Dividends

What is WES's dividend history
DPS
$2.21
Dividend yield
6.16%
Payout ratio
84.8%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 32% greater than the total liabilities
Western Midstream Partners's quick ratio has plunged by 59% from the previous quarter and by 23% YoY
The company's current ratio has shrunk by 58% QoQ and by 24% YoY
The company's debt is 173% higher than its equity
Western Midstream Partners's debt to equity has increased by 20% YoY and by 6% QoQ
The company's debt rose by 16% YoY and by 9% QoQ

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