WES RSI Chart
Last 7 days
4.6%
Last 30 days
2.9%
Last 90 days
23.0%
Trailing 12 Months
32.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.2B | 3.1B | 3.0B | 3.1B |
2022 | 3.0B | 3.1B | 3.2B | 3.3B |
2021 | 2.7B | 2.7B | 2.8B | 2.9B |
2020 | 2.8B | 2.8B | 2.8B | 2.8B |
2019 | 2.5B | 2.6B | 2.7B | 2.7B |
2018 | 2.4B | 2.4B | 2.4B | 2.3B |
2017 | 2.1B | 2.2B | 2.3B | 2.4B |
2016 | 1.7B | 1.7B | 1.7B | 1.9B |
2015 | 1.7B | 1.8B | 1.9B | 1.8B |
2014 | 1.3B | 1.4B | 1.5B | 1.5B |
2013 | 895.6M | 926.7M | 965.4M | 1.2B |
2012 | 867.2M | 876.3M | 885.4M | 894.5M |
2011 | 0 | 0 | 0 | 858.1M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | stewart lisa a | bought | 87,175 | 34.87 | 2,500 | - |
Mar 01, 2024 | ure michael | bought | 168,250 | 33.65 | 5,000 | president & ceo |
Feb 28, 2024 | brown oscar k | bought | 116,736 | 33.3532 | 3,500 | - |
Feb 28, 2024 | stewart lisa a | bought | 83,450 | 33.38 | 2,500 | - |
Feb 27, 2024 | schulte david j | bought | 27,392 | 34.2406 | 800 | - |
Feb 27, 2024 | brown oscar k | bought | 119,482 | 34.1376 | 3,500 | - |
Feb 26, 2024 | owen kenneth f. | bought | 237,720 | 33.96 | 7,000 | - |
Feb 13, 2024 | bourne robert w. | sold (taxes) | -782,064 | 27.89 | -28,041 | svp & chief commercial officer |
Feb 13, 2024 | ure michael | sold (taxes) | -3,910,120 | 27.89 | -140,198 | president & ceo |
Feb 13, 2024 | green catherine a. | sold (taxes) | -223,483 | 27.89 | -8,013 | svp & chief accounting officer |
Which funds bought or sold WES recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 22, 2024 | Rockwood Wealth Management, LLC | unchanged | - | 105,125 | 594,148 | 0.08% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | reduced | -23.12 | -200,244 | 2,837,280 | -% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 1.89 | 2,641,500 | 13,740,700 | 0.02% |
Apr 22, 2024 | GraniteShares Advisors LLC | added | 14.6 | 596,746 | 2,117,860 | 1.12% |
Apr 22, 2024 | INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV | reduced | -2.68 | 39,845 | 258,271 | 0.12% |
Apr 19, 2024 | Westside Investment Management, Inc. | unchanged | - | 5,661 | 31,995 | 0.01% |
Apr 19, 2024 | Cutler Group LLC / CA | added | 310 | 45,000 | 56,000 | 0.02% |
Apr 19, 2024 | NORDEN GROUP LLC | new | - | 338,184 | 338,184 | -% |
Apr 19, 2024 | Maryland State Retirement & Pension System | added | 1.6 | 885,427 | 5,554,500 | 0.11% |
Apr 18, 2024 | Oxinas Partners Wealth Management LLC | reduced | -0.42 | 118,734 | 684,622 | 0.44% |
Unveiling Western Midstream Partners LP's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Western Midstream Partners LP)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ENB | 75.3B | 43.6B | 12.16 | 1.73 | ||||
EPD | 62.7B | 49.7B | 11.34 | 1.26 | ||||
ET | 53.5B | 78.6B | 13.59 | 0.68 | ||||
KMI | 41.8B | 15.3B | 17.01 | 2.74 | ||||
LNG | 37.3B | 20.3B | 3.77 | 1.84 | ||||
PAA | 12.7B | 48.7B | 10.29 | 0.26 | ||||
MID-CAP | ||||||||
AM | 6.7B | 1.0B | 17.99 | 6.42 | ||||
ENLC | 6.2B | 6.9B | 29.91 | 0.89 | ||||
ETRN | 5.6B | 1.4B | 12.56 | 4.01 | ||||
HESM | 2.8B | 1.3B | 11.71 | 2.09 | ||||
INSW | 2.6B | 1.1B | 4.74 | 2.46 | ||||
SMALL-CAP | ||||||||
GLP | 1.6B | 16.5B | 10.47 | 0.1 | ||||
GEL | 1.5B | 3.2B | 12.82 | 0.48 | ||||
GPP | 286.4M | 82.4M | 7.48 | 3.48 | ||||
MMLP | 105.7M | 734.3M | 27.74 | 0.14 |
Western Midstream Partners LP News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 10.6% | 858 | 776 | 738 | 734 | 779 | 838 | 876 | 758 | 719 | 764 | 719 | 675 | 647 | 679 | 672 | 774 | 723 | 666 | 685 | 672 | 693 |
Costs and Expenses | 10.4% | 496 | 449 | 444 | 481 | 499 | 522 | 526 | 403 | 439 | 429 | 444 | 434 | 337 | 392 | 350 | 1,051 | 452 | 451 | 438 | 410 | 491 |
Operating Expenses | -2.0% | 200 | 204 | 183 | 174 | 167 | 191 | 168 | 129 | 147 | 141 | 153 | 140 | 144 | 132 | 145 | 159 | 173 | 177 | 148 | 143 | 142 |
S&GA Expenses | 32.7% | 73.00 | 55.00 | 53.00 | 51.00 | 49.00 | 48.00 | 48.00 | 49.00 | 56.00 | 50.00 | 44.00 | 45.00 | 37.00 | 42.00 | 36.00 | 40.00 | 31.00 | 31.00 | 30.00 | 23.00 | 20.00 |
EBITDA Margin | -3.6% | 0.64* | 0.67* | 0.65* | 0.64* | 0.67* | 0.65* | 0.66* | 0.67* | 0.65* | 0.67* | 0.68* | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 18.0% | 98.00 | 83.00 | 86.00 | 82.00 | 85.00 | 83.00 | 81.00 | 85.00 | 89.00 | 93.00 | 95.00 | 98.00 | 101 | 96.00 | 95.00 | 89.00 | 79.00 | 79.00 | 79.00 | 66.00 | 55.00 |
Income Taxes | 55.2% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 2.00 | -14.21 | 2.00 | 1.00 | 1.00 | 2.00 | 3.00 | 5.00 | -4.28 | 1.00 | 1.00 | 1.00 | 10.00 | 23.00 |
Earnings Before Taxes | 4.2% | 297 | 285 | 260 | 210 | 346 | 274 | 317 | 319 | 237 | 265 | 240 | 192 | 273 | 257 | 286 | -293 | 296 | 127 | 176 | 222 | 207 |
EBT Margin | -6.8% | 0.34* | 0.36* | 0.35* | 0.36* | 0.39* | 0.36* | 0.37* | 0.36* | 0.32* | 0.35* | 0.35* | - | - | - | - | - | - | - | - | - | - |
Net Income | 2.0% | 283 | 277 | 260 | 208 | 327 | 266 | 315 | 318 | 237 | 256 | 238 | 191 | 276 | 247 | 281 | -289 | 238 | 121 | 175 | 212 | 160 |
Net Income Margin | -6.6% | 0.33* | 0.35* | 0.34* | 0.35* | 0.38* | 0.36* | 0.36* | 0.35* | 0.32* | 0.34* | 0.35* | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 19.9% | 473 | 395 | 491 | 302 | 489 | 469 | 467 | 276 | 662 | 391 | 452 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 7.3% | 12,472 | 11,627 | 11,219 | 11,112 | 11,272 | 11,473 | 11,389 | 11,446 | 11,273 | 11,419 | 11,626 | 11,435 | 11,830 | 11,690 | 11,953 | 11,909 | 12,346 | 12,178 | 11,981 | 11,797 | 11,457 |
Current Assets | -12.6% | 992 | 1,136 | 797 | 735 | 900 | 896 | 863 | 906 | 685 | 757 | 886 | 611 | 943 | 644 | 559 | 491 | 402 | 393 | 336 | 336 | 345 |
Cash Equivalents | -44.3% | 273 | 489 | 214 | 113 | 287 | 159 | 97.00 | 248 | 202 | 100 | 306 | 56.00 | 445 | 138 | 60.00 | 152 | 100 | 117 | 96.00 | 100 | 92.00 |
Net PPE | 11.4% | 9,655 | 8,664 | 8,601 | 8,541 | 8,542 | 8,540 | 8,478 | 8,475 | 8,513 | 8,524 | 8,590 | 8,640 | 8,710 | 8,825 | 8,915 | 8,987 | 9,065 | 8,934 | 8,794 | 8,630 | 8,410 |
Goodwill | 0% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 446 | 446 | 446 | 446 | 446 |
Liabilities | 8.9% | 9,442 | 8,671 | 8,197 | 8,011 | 8,164 | 8,467 | 8,084 | 8,175 | 8,177 | 8,323 | 8,573 | 8,493 | 8,935 | 8,899 | 9,018 | 9,117 | 9,001 | 8,843 | 8,489 | 8,205 | 6,565 |
Current Liabilities | 105.1% | 1,304 | 636 | 622 | 581 | 904 | 746 | 755 | 1,337 | 1,140 | 1,307 | 1,127 | 490 | 961 | 837 | 891 | 450 | 486 | 597 | 499 | 2,519 | 637 |
Long Term Debt | 0.3% | 7,284 | 7,260 | 6,824 | 6,694 | 6,570 | 7,027 | 6,656 | 6,189 | 6,401 | 6,400 | 6,836 | 7,416 | 7,416 | 7,440 | 7,544 | 8,089 | 7,952 | 7,731 | 7,489 | 5,208 | 4,787 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,089 | 7,952 | 7,731 | 7,489 | 5,208 | 4,787 |
Accumulated Depreciation | 2.8% | 5,290 | 5,145 | 5,140 | 5,009 | 4,824 | 4,697 | 4,581 | 4,455 | 4,333 | 4,209 | 4,087 | 4,050 | 3,932 | 3,808 | 3,685 | 3,559 | 3,291 | 3,176 | 3,059 | 2,950 | 2,848 |
Float | - | - | - | 5,100 | - | - | - | 4,900 | - | - | - | 4,500 | - | - | - | 2,000 | - | - | - | 6,200 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 19.9% | 473,300 | 394,787 | 490,823 | 302,424 | 489,219 | 468,768 | 466,981 | 276,458 | 661,858 | 391,333 | 452,111 | 261,550 | 505,525 | 392,894 | 345,688 | 393,311 | 297,415 | 340,154 | 343,458 | 343,073 | 382,980 |
Share Based Compensation | 39.0% | 9,970 | 7,171 | 7,665 | 7,199 | 6,538 | 6,464 | 7,038 | 7,743 | 6,842 | 6,979 | 7,121 | 6,734 | 5,935 | 5,616 | 5,677 | 5,234 | 6,005 | 3,996 | 3,125 | 2,368 | 1,597 |
Cashflow From Investing | -414.0% | -1,068,707 | -207,916 | -151,490 | -179,178 | 138,015 | -185,305 | -99,330 | -71,617 | -70,251 | -80,883 | -59,932 | -46,472 | -21,584 | -71,669 | -176,277 | -178,724 | -253,210 | -269,475 | -349,436 | -2,515,732 | -412,111 |
Cashflow From Financing | 327.1% | 378,700 | 88,670 | -238,025 | -297,257 | -499,671 | -221,804 | -518,466 | -158,591 | -489,470 | -516,161 | -142,982 | -603,624 | -177,064 | -242,918 | -261,955 | -162,267 | -61,673 | -49,044 | 1,726 | 2,180,564 | -11,604 |
Dividend Payments | 0.9% | 223,432 | 221,442 | 336,987 | 196,569 | 197,065 | 197,744 | 206,197 | 134,749 | 134,862 | 134,662 | 132,969 | 131,265 | 132,255 | 140,900 | 140,893 | 281,786 | 273,345 | 288,083 | 283,271 | 131,910 | 127,566 |
Buy Backs | -100.0% | -2.00 | 127,500 | 41.00 | 7,061 | 40,525 | 367,858 | 74,068 | 5,149 | 113,099 | 88,125 | - | 16,241 | 32,535 | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |||||||||
Revenues and other | |||||||||||
Revenues and other | [1] | $ 3,106,476 | $ 3,251,721 | $ 2,877,155 | |||||||
Equity income, net – related parties | 152,959 | 183,483 | 204,645 | ||||||||
Operating expenses | |||||||||||
Cost of product | 164,598 | 420,900 | 322,285 | ||||||||
Operation and maintenance | 762,530 | 654,566 | 581,300 | ||||||||
General and administrative | 232,632 | 194,017 | 195,549 | ||||||||
Property and other taxes | 56,458 | 78,559 | 64,267 | ||||||||
Depreciation and amortization | 600,668 | 582,365 | 551,629 | ||||||||
Long-lived asset and other impairments | [2] | 52,884 | 20,585 | 30,543 | |||||||
Total operating expenses | [3] | 1,869,770 | 1,950,992 | 1,745,573 | |||||||
Gain (loss) on divestiture and other, net | (10,102) | 103,676 | 44 | ||||||||
Operating income (loss) | 1,379,563 | 1,587,888 | 1,336,271 | ||||||||
Interest expense | (348,228) | (333,939) | (376,512) | ||||||||
Gain (loss) on early extinguishment of debt | 15,378 | 91 | (24,944) | ||||||||
Other income (expense), net | 5,679 | 1,603 | (623) | ||||||||
Income (loss) before income taxes | 1,052,392 | 1,255,643 | 934,192 | ||||||||
Income tax expense (benefit) | 4,385 | 4,187 | (9,807) | ||||||||
Net income (loss) | 1,048,007 | 1,251,456 | 943,999 | ||||||||
Net income (loss) attributable to noncontrolling interests | 25,791 | 34,353 | 27,707 | ||||||||
Net income (loss) attributable to Western Midstream Partners, LP | 1,022,216 | 1,217,103 | 916,292 | ||||||||
Limited partners' interest in net income (loss): | |||||||||||
Net income (loss) attributable to Western Midstream Partners, LP | 1,022,216 | 1,217,103 | 916,292 | ||||||||
General partner interest in net (income) loss | (23,684) | (27,541) | (19,815) | ||||||||
Limited partners' interest in net income (loss) | [4] | $ 998,532 | $ 1,189,562 | $ 896,477 | |||||||
Net income (loss) per common unit - basic | [4] | $ 2.61 | $ 3.01 | $ 2.18 | |||||||
Net income (loss) per common unit - diluted | [4] | $ 2.60 | $ 3.00 | $ 2.18 | |||||||
Weighted-average common units outstanding - basic | [4] | 383,028 | 394,951 | 411,309 | |||||||
Weighted-average common units outstanding - diluted | [4] | 384,408 | 396,236 | 412,022 | |||||||
Service Revenues - Fee Based [Member] | |||||||||||
Revenues and other | |||||||||||
Revenues and other | $ 2,768,757 | $ 2,602,053 | $ 2,462,835 | ||||||||
Service Revenues - Product Based [Member] | |||||||||||
Revenues and other | |||||||||||
Revenues and other | 191,727 | 249,692 | 122,584 | ||||||||
Product Sales [Member] | |||||||||||
Revenues and other | |||||||||||
Revenues and other | 145,024 | 399,023 | 290,947 | ||||||||
Other [Member] | |||||||||||
Revenues and other | |||||||||||
Revenues and other | $ 968 | $ 953 | $ 789 | ||||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||||||
---|---|---|---|---|---|---|---|---|
Current assets | ||||||||
Cash and cash equivalents | $ 272,787 | $ 286,656 | ||||||
Accounts receivable, net | 666,637 | 554,263 | ||||||
Other current assets | 52,986 | 59,506 | ||||||
Total current assets | 992,410 | 900,425 | ||||||
Property, plant, and equipment | ||||||||
Cost | 14,945,431 | 13,365,593 | ||||||
Less accumulated depreciation | 5,290,415 | 4,823,993 | ||||||
Net property, plant, and equipment | 9,655,016 | 8,541,600 | ||||||
Goodwill | 4,783 | 4,783 | ||||||
Other intangible assets | 681,408 | 713,075 | ||||||
Equity investments | 904,535 | 944,696 | ||||||
Other assets | [1] | 233,455 | 167,049 | |||||
Total assets | [2] | 12,471,607 | 11,271,628 | |||||
Current liabilities | ||||||||
Accounts and imbalance payables | 362,451 | 360,562 | ||||||
Short-term debt | 617,748 | 215,780 | ||||||
Accrued ad valorem taxes | 61,285 | 72,875 | ||||||
Accrued liabilities | 262,572 | 254,640 | ||||||
Total current liabilities | 1,304,056 | 903,857 | ||||||
Long-term liabilities | ||||||||
Long-term debt | 7,283,556 | 6,569,582 | ||||||
Deferred income taxes | 15,468 | 14,424 | ||||||
Asset retirement obligations | 359,185 | 290,021 | ||||||
Other liabilities | 480,212 | 385,629 | ||||||
Total long-term liabilities | 8,138,421 | 7,259,656 | ||||||
Total liabilities | [3] | 9,442,477 | 8,163,513 | |||||
Equity and partners' capital | ||||||||
Common units (379,519,983 and 384,070,984 units issued and outstanding at December 31, 2023 and 2022, respectively) | 2,894,231 | 2,969,604 | ||||||
General partner units (9,060,641 units issued and outstanding at December 31, 2023 and 2022) | 3,193 | 2,105 | ||||||
Total partners' capital | 2,897,424 | 2,971,709 | ||||||
Noncontrolling interests | 131,706 | 136,406 | ||||||
Total equity and partners' capital | 3,029,130 | 3,108,115 | ||||||
Total liabilities, equity, and partners' capital | $ 12,471,607 | $ 11,271,628 | ||||||
Common units issued | 379,519,983 | 384,070,984 | ||||||
Common units outstanding | 379,519,983 | 384,070,984 | ||||||
General partner units issued | 9,060,641 | 9,060,641 | ||||||
General partner units outstanding | 9,060,641 | 9,060,641 | ||||||
|
 | Mr. Michael P. Ure |
---|---|
 | westernmidstream.com |
 | Oil - Midstream |
 | 2022 |