WES Western Midstream Partners LP

Price (delayed)

$42.36

Market cap

$16.12B

P/E Ratio

11.9

Dividend/share

$2.59

EPS

$3.56

Enterprise value

$23.2B

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 99% from the previous quarter and by 24% YoY
The net income has grown by 36% from the previous quarter and by 25% YoY
The company's debt rose by 10% YoY but it fell by 7% QoQ
WES's P/E is 20% above its 5-year quarterly average of 10.0 and 17% above its last 4 quarters average of 10.3

Key stats

What are the main financial stats of WES
Market
Shares outstanding
380.49M
Market cap
$16.12B
Enterprise value
$23.2B
Valuations
Price to book (P/B)
4.98
Price to sales (P/S)
4.94
EV/EBIT
13.21
EV/EBITDA
9.79
EV/Sales
7.12
Earnings
Revenue
$3.26B
EBIT
$1.76B
EBITDA
$2.37B
Free cash flow
$1B
Per share
EPS
$3.56
Free cash flow per share
$2.64
Book value per share
$8.51
Revenue per share
$8.58
TBVPS
$30.49
Balance sheet
Total assets
$12.27B
Total liabilities
$8.89B
Debt
$7.38B
Equity
$3.24B
Working capital
$358.21M
Liquidity
Debt to equity
2.28
Current ratio
1.51
Quick ratio
1.43
Net debt/EBITDA
2.99
Margins
EBITDA margin
72.7%
Gross margin
71.1%
Net margin
42.7%
Operating margin
42.6%
Efficiency
Return on assets
11.4%
Return on equity
45.9%
Return on invested capital
10.1%
Return on capital employed
15.2%
Return on sales
53.9%
Dividend
Dividend yield
6.11%
DPS
$2.59
Payout ratio
72.7%

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
-0.89%
1 week
1.41%
1 month
10.17%
1 year
53.31%
YTD
44.77%
QTD
6.62%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.26B
Gross profit
$2.32B
Operating income
$1.39B
Net income
$1.39B
Gross margin
71.1%
Net margin
42.7%
The net income has grown by 36% from the previous quarter and by 25% YoY
The company's net margin rose by 30% QoQ and by 24% YoY
The operating income has increased by 16% year-on-year and by 12% since the previous quarter
The operating margin has grown by 15% YoY and by 7% from 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
11.9
P/B
4.98
P/S
4.94
EV/EBIT
13.21
EV/EBITDA
9.79
EV/Sales
7.12
WES's EPS is up by 36% from the previous quarter and by 28% YoY
WES's P/E is 20% above its 5-year quarterly average of 10.0 and 17% above its last 4 quarters average of 10.3
WES's price to book (P/B) is 73% higher than its 5-year quarterly average of 2.9 and 32% higher than its last 4 quarters average of 3.8
The company's equity rose by 12% QoQ and by 9% YoY
WES's P/S is 72% more than its 5-year quarterly average of 2.9 and 38% more than its last 4 quarters average of 3.6
The revenue has grown by 4.9% since the previous quarter

Efficiency

How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on equity has increased by 33% QoQ and by 26% YoY
Western Midstream Partners's return on assets has increased by 33% QoQ and by 19% YoY
Western Midstream Partners's ROIC has increased by 25% from the previous quarter and by 15% YoY
WES's ROS is up by 22% from the previous quarter and by 20% YoY

Dividends

What is WES's dividend history
DPS
$2.59
Dividend yield
6.11%
Payout ratio
72.7%
Recent dividends

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 38% greater than the total liabilities
Western Midstream Partners's quick ratio has soared by 99% from the previous quarter and by 24% YoY
The company's current ratio has surged by 99% QoQ and by 20% YoY
The company's debt is 128% higher than its equity
Western Midstream Partners's debt to equity has decreased by 16% QoQ
The company's equity rose by 12% QoQ and by 9% YoY

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