WES Western Midstream Partners LP

Price (delayed)

$43.51

Market cap

$17.13B

P/E Ratio

14.22

Dividend/share

$3.66

EPS

$3.06

Enterprise value

$25.13B

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Relative Growth: Rel. Growth: 76
Relative Strength: Rel. Strength: 51
Relative Valuation: Rel. Valuation: 63
Relative Profitability: Rel. Profitability: 85

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 revenue has grown by 11% year-on-year and by 5% since the previous quarter
WES's gross profit is up by 11% YoY and by 3.9% QoQ
The company's equity fell by 16% QoQ but it rose by 5% YoY
WES's EPS is down by 9% YoY but it is up by 2.3% from the previous quarter
WES's P/E is 34% above its 5-year quarterly average of 10.5 and 12% above its last 4 quarters average of 12.5
Western Midstream Partners's quick ratio has decreased by 19% from the previous quarter and by 6% YoY

Key stats

What are the main financial stats of WES

WES stock price

How has the Western Midstream Partners stock price performed over time
Intraday
1.23%
1 week
-0.55%
1 month
-5.43%
1 year
12.46%
YTD
10.15%
QTD
5.68%

Financial performance

How have Western Midstream Partners's revenue and profit performed over time
Revenue
$4.05B
Gross profit
$2.83B
Operating income
$1.59B
Net income
$1.22B
Gross margin
69.8%
Net margin
30.2%
The company's net margin fell by 16% YoY
The revenue has grown by 11% year-on-year and by 5% since the previous quarter
WES's gross profit is up by 11% YoY and by 3.9% QoQ
The operating margin has contracted by 8% YoY

Price vs fundamentals

How does WES's price correlate with its fundamentals

Growth

What is Western Midstream Partners's growth rate over time

Valuation

What is Western Midstream Partners stock price valuation
P/E
14.22
P/B
5.09
P/S
4.29
EV/EBIT
15.28
EV/EBITDA
10.54
EV/Sales
6.2
WES's P/E is 34% above its 5-year quarterly average of 10.5 and 12% above its last 4 quarters average of 12.5
WES's EPS is down by 9% YoY but it is up by 2.3% from the previous quarter
WES's price to book (P/B) is 29% higher than its 5-year quarterly average of 3.9 and 12% higher than its last 4 quarters average of 4.5
The company's equity fell by 16% QoQ but it rose by 5% YoY
WES's P/S is 18% more than its 5-year quarterly average of 3.6 and 6% more than its last 4 quarters average of 4.0
The revenue has grown by 11% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Western Midstream Partners business performance
WES's ROS is down by 14% YoY
Western Midstream Partners's return on assets has decreased by 13% YoY
Western Midstream Partners's return on equity has decreased by 12% YoY but it has increased by 2.1% QoQ
Western Midstream Partners's ROIC has decreased by 10% YoY

Dividends

What is WES's dividend history
DPS
$3.66
Dividend yield
8.41%
Payout ratio
119.6%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Western Midstream Partners financials performed over time
The total assets is 31% greater than the total liabilities
The total liabilities has grown by 25% YoY and by 5% from the previous quarter
The total assets has grown by 20% year-on-year
The company's debt is 157% higher than its equity
Western Midstream Partners's debt to equity has increased by 20% QoQ and by 13% YoY
The company's debt rose by 19% YoY

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