WES Western Midstream Partners LP

Price (delayed)

$21.44

Market cap

$8.86B

P/E Ratio

10.02

Dividend/share

$0.95

EPS

$2.14

Enterprise value

$15.97B

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
The company's debt fell by 7% YoY
WES's gross profit is up by 3.6% YoY
WES's EPS has soared by 125% YoY but it is down by 2.3% from the previous quarter
The net income has soared by 118% YoY but it has contracted by 4.3% from the previous quarter
The revenue has declined by 4% year-on-year

Key stats

What are the main financial stats of WES
Market
Shares outstanding
413.08M
Market cap
$8.86B
Enterprise value
$15.97B
Valuations
Price to earnings (P/E)
10.02
Price to book (P/B)
3.04
Price to sales (P/S)
3.26
EV/EBIT
12.05
EV/EBITDA
8.71
EV/Sales
5.87
Earnings
Revenue
$2.72B
EBIT
$1.33B
EBITDA
$1.83B
Free cash flow
$1.31B
Per share
EPS
$2.14
Free cash flow per share
$3.16
Book value per share
$7.05
Revenue per share
$6.59
TBVPS
$26.29
Balance sheet
Total assets
$11.63B
Total liabilities
$8.57B
Debt
$7.42B
Equity
$2.91B
Working capital
-$240.42M
Liquidity
Debt to equity
2.55
Current ratio
0.79
Quick ratio
0.73
Net debt/EBITDA
3.88
Margins
EBITDA margin
67.4%
Gross margin
70.5%
Net margin
34.1%
Operating margin
40.9%
Efficiency
Return on assets
7.8%
Return on equity
32.6%
Return on invested capital
7.6%
Return on capital employed
12.6%
Return on sales
48.7%
Dividend
Dividend yield
4.41%
DPS
$0.95
Payout ratio
44.2%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
5.67%
1 week
11.43%
1 month
7.85%
1 year
190.91%
YTD
55.14%
QTD
0.09%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$2.72B
Gross profit
$1.92B
Operating income
$1.11B
Net income
$927.55M
Gross margin
70.5%
Net margin
34.1%
The company's net margin has surged by 127% YoY but it fell by 6% QoQ
The operating margin has soared by 118% YoY but it has contracted by 6% from the previous quarter
The net income has soared by 118% YoY but it has contracted by 4.3% from the previous quarter
The operating income has soared by 109% year-on-year but it has declined by 4.1% since the previous quarter

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
P/E
10.02
P/B
3.04
P/S
3.26
EV/EBIT
12.05
EV/EBITDA
8.71
EV/Sales
5.87
WES's EPS has soared by 125% YoY but it is down by 2.3% from the previous quarter
WES's P/E is 46% below its 5-year quarterly average of 18.4 but 9% above its last 4 quarters average of 9.2
WES's price to book (P/B) is 39% lower than its 5-year quarterly average of 5.0 but 32% higher than its last 4 quarters average of 2.3
The company's equity rose by 4.1% YoY and by 3.8% QoQ
WES's P/S is 36% more than its last 4 quarters average of 2.4 but 4.1% less than its 5-year quarterly average of 3.4
The revenue has declined by 4% year-on-year

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on equity has surged by 130% YoY but it has decreased by 6% QoQ
Western Midstream Partners's return on assets has surged by 123% YoY but it has decreased by 3.7% QoQ
Western Midstream Partners's ROIC has soared by 81% YoY
WES's ROS has soared by 80% YoY but it is down by 5% from the previous quarter

Dividends

What is WES's dividend history
DPS
$0.95
Dividend yield
4.41%
Payout ratio
44.2%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 36% greater than the total liabilities
The company's current ratio fell by 37% QoQ but it rose by 25% YoY
Western Midstream Partners's quick ratio has decreased by 34% from the previous quarter but it has increased by 26% YoY
The company's debt is 155% higher than its equity
Western Midstream Partners's debt to equity has decreased by 11% YoY and by 3.8% QoQ
The company's debt fell by 7% YoY

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