Western Midstream Partners, LP Logo

Western Midstream Partners, LP

WES

(1.8)
Stock Price

38,36 USD

13.18% ROA

47.78% ROE

9.81x PER

Market Cap.

14.885.394.720,00 USD

216.79% DER

7.41% Yield

43.23% NPM

Western Midstream Partners, LP Stock Analysis

Western Midstream Partners, LP Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Western Midstream Partners, LP Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (35.13%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROA

The stock's ROA (9.79%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (99), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 PBV

The stock's elevated P/BV ratio (3.7x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 DER

The company has a high debt to equity ratio (246%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

Western Midstream Partners, LP Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Western Midstream Partners, LP Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Western Midstream Partners, LP Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Western Midstream Partners, LP Revenue
Year Revenue Growth
2007 255.349.000
2008 689.479.000 62.96%
2009 236.542.000 -191.48%
2010 494.871.000 52.2%
2011 809.667.000 38.88%
2012 849.440.000 4.68%
2013 1.053.495.000 19.37%
2014 1.273.763.000 17.29%
2015 1.561.372.000 18.42%
2016 1.804.270.000 13.46%
2017 2.248.356.000 19.75%
2018 1.990.276.000 -12.97%
2019 2.746.174.000 27.53%
2020 2.772.592.000 0.95%
2021 2.877.155.000 3.63%
2022 3.251.721.000 11.52%
2023 3.104.052.000 -4.76%
2023 3.106.476.000 0.08%
2024 3.622.516.000 14.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Western Midstream Partners, LP Research and Development Expenses
Year Research and Development Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Western Midstream Partners, LP General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 8.365.000
2008 23.330.000 64.14%
2009 20.136.000 -15.86%
2010 24.918.000 19.19%
2011 0 0%
2012 97.582.000 100%
2013 33.464.000 -191.6%
2014 37.458.000 10.66%
2015 41.217.000 9.12%
2016 49.248.000 16.31%
2017 50.668.000 2.8%
2018 63.735.000 20.5%
2019 114.591.000 44.38%
2020 155.769.000 26.44%
2021 195.549.000 20.34%
2022 194.017.000 -0.79%
2023 220.200.000 11.89%
2023 232.632.000 5.34%
2024 251.732.000 7.59%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Western Midstream Partners, LP EBITDA
Year EBITDA Growth
2007 94.499.000
2008 249.180.000 62.08%
2009 137.595.000 -81.1%
2010 241.355.000 42.99%
2011 349.657.000 30.97%
2012 279.320.000 -25.18%
2013 478.231.000 41.59%
2014 644.228.000 25.77%
2015 746.213.000 13.67%
2016 1.001.310.000 25.48%
2017 1.021.691.000 1.99%
2018 1.202.063.000 15.01%
2019 1.615.398.000 25.59%
2020 2.019.032.000 19.99%
2021 1.917.776.000 -5.28%
2022 2.088.765.000 8.19%
2023 2.022.704.000 -3.27%
2023 1.890.258.000 -7.01%
2024 2.191.752.000 13.76%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Western Midstream Partners, LP Gross Profit
Year Gross Profit Growth
2007 143.067.000
2008 356.597.000 59.88%
2009 185.406.000 -92.33%
2010 337.822.000 45.12%
2011 482.296.000 29.96%
2012 396.100.000 -21.76%
2013 543.294.000 27.09%
2014 652.651.000 16.76%
2015 788.774.000 17.26%
2016 1.037.143.000 23.95%
2017 1.048.789.000 1.11%
2018 1.220.819.000 14.09%
2019 1.818.672.000 32.87%
2020 2.093.418.000 13.12%
2021 2.003.241.000 -4.5%
2022 2.248.456.000 10.91%
2023 2.404.240.000 6.48%
2023 1.578.680.000 -52.29%
2024 1.859.472.000 15.1%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Western Midstream Partners, LP Net Profit
Year Net Profit Growth
2007 36.562.000
2008 126.320.000 71.06%
2009 77.345.000 -63.32%
2010 126.068.000 38.65%
2011 75.643.000 -66.66%
2012 2.809.000 -2592.88%
2013 160.165.000 98.25%
2014 221.911.000 27.82%
2015 87.863.000 -152.56%
2016 345.772.000 74.59%
2017 376.607.000 8.19%
2018 369.429.000 -1.94%
2019 697.241.000 47.02%
2020 527.012.000 -32.3%
2021 916.292.000 42.48%
2022 1.217.103.000 24.72%
2023 1.109.184.000 -9.73%
2023 1.022.216.000 -8.51%
2024 1.514.592.000 32.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Western Midstream Partners, LP Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 1
2008 1 0%
2009 2 100%
2010 1 0%
2011 2 0%
2012 0 0%
2013 1 0%
2014 1 100%
2015 0 0%
2016 2 100%
2017 2 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 2 50%
2022 3 33.33%
2023 3 -50%
2023 3 0%
2024 4 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Western Midstream Partners, LP Free Cashflow
Year Free Cashflow Growth
2007 -63.651.000
2008 81.607.000 178%
2009 51.784.000 -57.59%
2010 140.240.000 63.07%
2011 130.276.000 -7.65%
2012 -273.199.000 147.69%
2013 -234.171.000 -16.67%
2014 -142.030.000 -64.87%
2015 64.484.000 320.26%
2016 433.083.000 85.11%
2017 222.387.000 -94.74%
2018 -177.201.000 225.5%
2019 135.271.000 231%
2020 1.214.327.000 88.86%
2021 1.453.178.000 16.44%
2022 1.214.198.000 -19.68%
2023 192.930.000 -529.35%
2023 965.271.000 80.01%
2024 424.824.000 -127.22%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Western Midstream Partners, LP Operating Cashflow
Year Operating Cashflow Growth
2007 73.223.000
2008 216.795.000 66.22%
2009 113.958.000 -90.24%
2010 217.074.000 47.5%
2011 273.222.000 20.55%
2012 186.107.000 -46.81%
2013 412.300.000 54.86%
2014 530.974.000 22.35%
2015 666.773.000 20.37%
2016 913.076.000 26.98%
2017 897.412.000 -1.75%
2018 1.016.695.000 11.73%
2019 1.324.100.000 23.22%
2020 1.637.418.000 19.13%
2021 1.766.852.000 7.33%
2022 1.701.426.000 -3.85%
2023 394.787.000 -330.97%
2023 1.700.438.000 76.78%
2024 636.688.000 -167.08%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Western Midstream Partners, LP Capital Expenditure
Year Capital Expenditure Growth
2007 136.874.000
2008 135.188.000 -1.25%
2009 62.174.000 -117.43%
2010 76.834.000 19.08%
2011 142.946.000 46.25%
2012 459.306.000 68.88%
2013 646.471.000 28.95%
2014 673.004.000 3.94%
2015 602.289.000 -11.74%
2016 479.993.000 -25.48%
2017 675.025.000 28.89%
2018 1.193.896.000 43.46%
2019 1.188.829.000 -0.43%
2020 423.091.000 -180.99%
2021 313.674.000 -34.88%
2022 487.228.000 35.62%
2023 201.857.000 -141.37%
2023 735.167.000 72.54%
2024 211.864.000 -247%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Western Midstream Partners, LP Equity
Year Equity Growth
2008 -109.411.000
2009 -124.020.000 11.78%
2010 -277.419.000 55.3%
2011 352.292.000 178.75%
2012 3.248.462.000 89.16%
2013 4.278.794.000 24.08%
2014 6.762.505.000 36.73%
2015 5.918.158.000 -14.27%
2016 7.173.389.000 17.5%
2017 6.828.633.000 -5.05%
2018 -295.643.000 2409.76%
2019 3.494.863.000 108.46%
2020 3.029.293.000 -15.37%
2021 3.233.447.000 6.31%
2022 3.244.521.000 0.34%
2023 3.086.548.000 -5.12%
2023 3.029.129.999 -1.9%
2024 3.424.009.000 11.53%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Western Midstream Partners, LP Assets
Year Assets Growth
2008 1.033.155.000
2009 1.084.229.000 4.71%
2010 1.765.537.000 38.59%
2011 2.837.626.000 37.78%
2012 3.476.954.000 18.39%
2013 4.281.044.000 18.78%
2014 6.752.340.000 36.6%
2015 6.709.409.000 -0.64%
2016 7.736.097.000 13.27%
2017 8.016.311.000 3.5%
2018 9.238.643.000 13.23%
2019 12.346.453.000 25.17%
2020 11.830.027.000 -4.37%
2021 11.273.079.000 -4.94%
2022 11.271.628.000 -0.01%
2023 11.626.554.000 3.05%
2023 12.471.607.000 6.78%
2024 12.180.501.000 -2.39%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Western Midstream Partners, LP Liabilities
Year Liabilities Growth
2008 228.530.000
2009 205.780.000 -11.06%
2010 560.469.000 63.28%
2011 1.370.672.000 59.11%
2012 1.396.535.000 1.85%
2013 1.689.106.000 17.32%
2014 2.740.990.000 38.38%
2015 3.219.909.000 14.87%
2016 3.625.331.000 11.18%
2017 4.071.432.000 10.96%
2018 5.733.978.000 28.99%
2019 9.001.160.000 36.3%
2020 8.934.815.000 -0.74%
2021 8.177.319.000 -9.26%
2022 8.163.513.000 -0.17%
2023 8.671.462.000 5.86%
2023 9.442.477.000 8.17%
2024 8.756.492.000 -7.83%

Western Midstream Partners, LP Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.01
Net Income per Share
3.99
Price to Earning Ratio
9.81x
Price To Sales Ratio
4.34x
POCF Ratio
7.71
PFCF Ratio
13.24
Price to Book Ratio
4.53
EV to Sales
6.33
EV Over EBITDA
10.11
EV to Operating CashFlow
11.23
EV to FreeCashFlow
19.29
Earnings Yield
0.1
FreeCashFlow Yield
0.08
Market Cap
14,89 Bil.
Enterprise Value
21,69 Bil.
Graham Number
27.82
Graham NetNet
-20.73

Income Statement Metrics

Net Income per Share
3.99
Income Quality
1.29
ROE
0.49
Return On Assets
0.12
Return On Capital Employed
0.14
Net Income per EBT
0.96
EBT Per Ebit
1.02
Ebit per Revenue
0.44
Effective Tax Rate
0.01

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.57
Operating Profit Margin
0.44
Pretax Profit Margin
0.45
Net Profit Margin
0.43

Dividends

Dividend Yield
0.07
Dividend Yield %
7.41
Payout Ratio
0.67
Dividend Per Share
2.9

Operating Metrics

Operating Cashflow per Share
5.07
Free CashFlow per Share
2.95
Capex to Operating CashFlow
0.42
Capex to Revenue
0.24
Capex to Depreciation
1.27
Return on Invested Capital
0.15
Return on Tangible Assets
0.13
Days Sales Outstanding
74.39
Days Payables Outstanding
93.7
Days of Inventory on Hand
0.58
Receivables Turnover
4.91
Payables Turnover
3.9
Inventory Turnover
634.44
Capex per Share
2.12

Balance Sheet

Cash per Share
0,90
Book Value per Share
9,00
Tangible Book Value per Share
7.24
Shareholders Equity per Share
8.63
Interest Debt per Share
19.66
Debt to Equity
2.17
Debt to Assets
0.58
Net Debt to EBITDA
3.17
Current Ratio
1.68
Tangible Asset Value
2,75 Bil.
Net Current Asset Value
-7,69 Bil.
Invested Capital
10748940000
Working Capital
0,43 Bil.
Intangibles to Total Assets
0.06
Average Receivables
0,72 Bil.
Average Payables
0,37 Bil.
Average Inventory
2445000
Debt to Market Cap
0.48

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Western Midstream Partners, LP Dividends
Year Dividends Growth
2013 0
2014 1 100%
2015 1 0%
2016 2 0%
2017 2 50%
2018 2 -100%
2019 2 50%
2020 2 -100%
2021 1 0%
2022 2 0%
2023 2 50%
2024 2 0%

Western Midstream Partners, LP Profile

About Western Midstream Partners, LP

Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

CEO
Mr. Oscar K. Brown
Employee
1.377
Address
9950 Woodloch Forest Drive
The Woodlands, 77380

Western Midstream Partners, LP Executives & BODs

Western Midstream Partners, LP Executives & BODs
# Name Age
1 Ms. Crystal J. Sled
Senior Vice President of Human Capital Mgmt., Diversity, Equity, & Inclusion - Western Midstream Holdings LLC
70
2 Mr. Oscar K. Brown
President, Chief Executive Officer & Director - Western Midstream Holdings LLC
70
3 Ms. Kristen S. Shults CPA
Senior Vice President & Chief Financial Officer - Western Midstream Holdings LLC
70
4 Mr. Christopher B. Dial J.D.
Senior Vice President, General Counsel & Corporate Secretary of Western Midstream Holdings, LLC
70
5 Mr. Daniel P. Holderman
Senior Vice President & Chief Operating Officer of Western Midstream Holdings, LLC
70
6 Mr. Jonathan A. Greenberg
Vice President of Corporate Development - Western Midstream Holdings LLC
70
7 Mr. Robert W. Bourne
Senior Vice President & Chief Commercial Officer of Western Midstream Holdings, LLC
70
8 Ms. Catherine A. Green
Senior Vice President & Chief Accounting Officer of Western Midstream Holdings, LLC
70
9 Mr. Keith Herndon
Vice President & Chief Information Officer
70
10 Mr. Daniel Edwards Jenkins IV
Director of Investor Relations - Western Midstream Holdings LLC
70

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