Western Midstream Partners LP

Market Summary

USD28.19-0.05

Delayedas of 08 Dec 2023, 09:55 am

-0.18%

WES Stock Price

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WES RSI Chart

WES Valuation

Market Cap

10.2B

Price/Earnings (Trailing)

9.14

Price/Sales (Trailing)

3.17

EV/EBITDA

8.13

Price/Free Cashflow

5.93

WES Price/Sales (Trailing)

WES Profitability

EBT Margin

35.27%

Return on Assets

9.48%

Free Cashflow Yield

16.86%

WES Fundamentals

WES Revenue

Revenue (TTM)

3.0B

Revenue Y/Y

-7.35%

Revenue Q/Q

5.11%

WES Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

4.35%

Earnings Q/Q

9.64%

Price Action

52 Week Range

23.7928.80

(Low)(High)

Last 7 days

-5.3%

Last 30 days

0.8%

Last 90 days

8.7%

Trailing 12 Months

9.2%

How does WES drawdown profile look like?

WES Financial Health

Current Ratio

1.28

Debt/Cashflow

0.26

WES Investor Care

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.2B	3.1B	3.0B	0
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	898.7M	890.0M	906.3M	894.5M
2011	0	0	0	858.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for WES

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Sep 21, 2023	ure michael	gifted	-	-	-16,000	president & ceo
Sep 12, 2023	occidental petroleum corp /de/	sold	-127,500,000	25.00	-5,100,000	-
Feb 14, 2023	ure michael	acquired	-	-	146,678	president & ceo
Feb 14, 2023	ure michael	sold (taxes)	-1,644,960	28.5	-57,718	president & ceo
Feb 14, 2023	bourne robert w.	acquired	-	-	34,225	svp & chief commercial officer
Feb 14, 2023	dial christopher b.	acquired	-	-	29,335	svp, gc and secretary
Feb 14, 2023	bourne robert w.	sold (taxes)	-383,838	28.5	-13,468	svp & chief commercial officer
Feb 14, 2023	green catherine a.	acquired	-	-	12,225	svp & chief accounting officer
Feb 14, 2023	dial christopher b.	sold (taxes)	-329,004	28.5	-11,544	svp, gc and secretary
Feb 14, 2023	green catherine a.	sold (taxes)	-137,085	28.5	-4,810	svp & chief accounting officer

Which funds bought or sold WES recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	CITIGROUP INC	reduced	-68.95	-1,605,820	751,520	-%
Dec 05, 2023	RR Advisors, LLC	reduced	-2.29	219,000	73,074,000	12.64%
Dec 01, 2023	B. Riley Wealth Advisors, Inc.	reduced	-4.87	-22,060	928,788	0.03%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-59.37	-9,200,450	6,585,850	-%
Nov 21, 2023	COMERICA BANK	reduced	-99.12	362,120	404,120	-%
Nov 21, 2023	Walleye Trading LLC	reduced	-76.93	-802,999	249,209	-%
Nov 15, 2023	London & Capital Asset Management Ltd	unchanged	-	19,170	735,210	0.07%
Nov 15, 2023	MORGAN STANLEY	added	3.69	3,470,020	57,136,500	0.01%
Nov 15, 2023	Westside Investment Management, Inc.	unchanged	-	639	24,507	0.01%
Nov 15, 2023	JANE STREET GROUP, LLC	new	-	460,105	460,105	-%

Latest Funds Activity

Are funds buying WES calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WES

No. of Funds

Schedule 13G FIlings of Western Midstream Partners LP

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Sep 14, 2023	occidental petroleum corp /de/	48.8%	185,181,578	SC 13D/A
Feb 13, 2023	alps advisors inc	6.60%	25,442,166	SC 13G/A
Feb 16, 2021	invesco ltd.	5.1%	21,340,971	SC 13G
Sep 17, 2020	occidental petroleum corp /de/	51.5%	214,281,578	SC 13D/A
Feb 14, 2020	tortoise capital advisors, l.l.c.	4.6%	20,879,174	SC 13G/A
Feb 12, 2020	neuberger berman group llc	3.40%	15,386,554	SC 13G/A
Feb 12, 2020	neuberger berman group llc	3.40%	15,386,554	SC 13G/A
Jan 07, 2020	occidental petroleum corp /de/	54.5%	242,136,976	SC 13D/A
Jan 07, 2020	occidental petroleum corp /de/	54.5%	242,136,976	SC 13D/A
Oct 09, 2019	tortoise capital advisors, l.l.c.	5.3%	23,952,076	SC 13G/A

Recent SEC filings of Western Midstream Partners LP

View All Filings

Date Filed	Form Type	Document
Nov 16, 2023	8-K	Current Report
Nov 01, 2023	8-K	Current Report
Nov 01, 2023	10-Q	Quarterly Report
Sep 29, 2023	8-K	Current Report
Sep 22, 2023	4	Insider Trading
Sep 14, 2023	SC 13D/A	13D - Major Acquisition
Sep 14, 2023	4	Insider Trading
Sep 14, 2023	4	Insider Trading
Sep 12, 2023	8-K	Current Report

Peers (Alternatives to Western Midstream Partners LP)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	74.0B	45.8B	3.42%	-11.39%	21.82	1.62	-12.57%	-42.73%
EPD	56.7B	48.7B	-0.49%	10.02%	10.17	0.98	-12.81%	5.61%
LNG	41.7B	24.3B	1.84%	2.18%	3.35	1.72	-18.13%	424.66%
ET	40.6B	78.6B	0.15%	14.55%	8.97	1.48	-10.77%	-16.78%
KMI	39.0B	15.9B	5.74%	-2.99%	15.8	2.46	-16.65%	-1.91%
MID-CAP
PAA	9.4B	49.0B	-3.86%	26.91%	7.41	0.17	-14.66%	-3.51%
AM	6.1B	1.0B	-0.70%	19.44%	17.23	5.96	14.33%	9.95%
ENLC	4.7B	7.1B	2.81%	6.57%	12.19	0.52	-26.07%	17.92%
ETRN	4.2B	1.4B	11.00%	41.57%	11.25	3.05	11.16%	119.27%
INSW	2.2B	1.2B	-8.18%	17.13%	3.37	1.87	86.61%	374.47%
SMALL-CAP
GEL	1.5B	3.1B	7.32%	25.97%	10.22	0.48	17.33%	524.80%
HESM	1.3B	1.3B	3.37%	6.41%	3.71	1.02	2.33%	116.48%
GLP	1.1B	16.5B	17.95%	23.53%	2.99	0.06	-10.96%	-2.81%
GPP	303.6M	82.4M	-10.73%	-2.46%	7.41	3.9	5.74%	-6.51%
MMLP	107.8M	860.2M	-7.00%	-26.46%	128.07	0.11	-18.95%	-746.20%

Western Midstream Partners LP News

Latest updates

Defense World • 26 Nov 2023 • 07:33 am • 12 days ago

Head to Head Review: Western Midstream Partners (NYSE:WES ...

StockNews.com • 24 Nov 2023 • 08:00 am • 14 days ago

EQNR: 3 Oil & Gas Stocks to Buy Navigating Future Investments

InvestorPlace • 15 Nov 2023 • 08:00 am • 23 days ago

Power Surge: 3 Dividend Energy Stocks Fueling Up for a Bullish Run

Rigzone News • 09 Nov 2023 • 08:00 am • 29 days ago

Occidental Beats Estimates on Higher Crude Prices

Nasdaq • 08 Nov 2023 • 08:00 am • 30 days ago

WTI Crude Enters Bear Market: Is It Time For Value-Contrarian ...

Yahoo Finance • 06 Nov 2023 • 08:00 am • 32 days ago

Western Midstream Announces Third-Quarter Post-Earnings ...

Yahoo Finance • 03 Nov 2023 • 07:00 am • 35 days ago

Western Midstream Partners, LP (NYSE:WES) Q3 2023 Earnings ...

StockNews.com • 01 Nov 2023 • 07:00 am • 37 days ago

IXC: 3 Energy ETFs Recommended for Sustainable Returns

Business Wire • 13 Oct 2023 • 07:00 am • 56 days ago

Western Midstream Announces Closing of Meritage Midstream ...

StockNews.com • 11 Oct 2023 • 07:00 am • 58 days ago

WES: 3 Energy Stocks Investors Are Snapping Up This Week

Moneyshow.com • 05 Oct 2023 • 07:00 am • 2 months ago

WES: An Attractive Energy Name in the MLP Sector

Yahoo Finance • 27 Sep 2023 • 07:00 am • 2 months ago

Western Midstream Partners, LP Announces Pricing of Notes Offering

Yahoo Finance • 07 Sep 2023 • 07:00 am • 3 months ago

Western Midstream (WES) Buys Meritage, Fortifies Portfolio

Seeking Alpha • 01 Sep 2023 • 07:00 am • 3 months ago

50 Large-Cap High-Yield Stocks For September

Nasdaq • 28 Aug 2023 • 07:00 am • 3 months ago

Should You Invest in the First Trust Natural Gas ETF (FCG)?

Financials for Western Midstream Partners LP

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	5.1%	776	738	734	779	838	876	758	719	764	719	675	647	679	672	774	723	666	685	672	693	588
Costs and Expenses	1.2%	449	444	481	499	522	526	403	439	429	444	434	337	392	350	1,051	452	451	438	410	491	385
Operating Expenses	11.5%	204	183	174	167	191	168	129	147	141	153	140	144	132	145	159	173	177	148	143	142	129
S&GA Expenses	3.1%	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	16.00
EBITDA Margin	-100.0%	-	0.65*	0.64*	0.67*	0.65*	0.63*	0.67*	0.65*	0.67*	0.68*	-	-	-	-	-	-	-	-	-	0.52*	0.50*
Interest Expenses	-4.0%	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	49.00
Income Taxes	37.3%	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	15.00
Earnings Before Taxes	9.7%	285	260	210	346	274	317	319	237	265	240	192	273	257	286	-293	296	127	176	222	207	214
EBT Margin	-100.0%	-	0.35*	0.36*	0.39*	0.36*	0.35*	0.36*	0.32*	0.35*	0.35*	-	-	-	-	-	-	-	-	-	0.23*	0.25*
Net Income	9.6%	277	253	208	336	266	306	318	244	256	238	191	264	247	281	-289	288	121	175	212	169	151
Net Income Margin	-100.0%	-	0.34*	0.35*	0.37*	0.36*	0.34*	0.35*	0.32*	0.33*	0.34*	-	-	-	-	-	-	-	-	-	0.32*	0.32*
Free Cashflow	-100.0%	-	491	302	489	469	467	276	662	391	452	-	-	-	-	-	-	-	-	-	269	237

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	3.6%	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	9,034
Current Assets	42.5%	1,136	797	735	900	896	863	906	685	757	886	611	943	644	559	491	402	393	336	336	345	384
Cash Equivalents	128.8%	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	133
Net PPE	0.7%	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	6,419
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	446	446	446	446	446	416
Liabilities	5.8%	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	5,417
Current Liabilities	2.3%	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	540
Long Term Debt	6.4%	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	-	7,952	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,089	7,952	7,731	7,489	5,208	4,787	4,566
Accumulated Depreciation	0.1%	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	2,494

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-19.6%	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	335,869
Share Based Compensation	-6.4%	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	1,669
Cashflow From Investing	-37.2%	-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	-510,798
Cashflow From Financing	137.3%	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	252,489
Dividend Payments	-34.3%	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	280,880	279,959	276,324	131,910	130,268	127,531
Buy Backs	310875.6%	127,500	41.00	7,061	40,515	367,858	74,068	5,149	113,099	88,125	-	16,241	32,535	-	-	-	-	-	-	-	-	-

WES Income Statement

2023-09-30

Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Revenues and other

Revenues and other

^[1]

$ 776,013

$ 837,568

$ 2,248,268

$ 2,472,284

Equity income, net – related parties

35,494

41,317

116,839

139,388

Operating expenses

Cost of product

27,590

106,833

123,795

328,237

Operation and maintenance

204,434

190,514

562,104

487,643

General and administrative

55,050

48,185

159,572

144,635

Property and other taxes

14,583

19,390

39,961

60,494

Depreciation and amortization

147,363

156,837

435,481

430,455

Long-lived asset and other impairments

^[2]

245

52,880

Total operating expenses

^[3]

449,265

521,763

1,373,793

1,451,558

Gain (loss) on divestiture and other, net

(1,480)

(104)

(3,668)

(884)

Operating income (loss)

360,762

357,018

987,646

1,159,230

Interest expense

(82,754)

(83,106)

(250,606)

(249,333)

Gain (loss) on early extinguishment of debt

8,565

15,378

Other income (expense), net

(1,270)

2,817

117

Income (loss) before income taxes

285,303

273,968

755,235

910,105

Income tax expense (benefit)

905

387

2,980

3,683

Net income (loss)

284,398

273,581

752,255

906,422

Net income (loss) attributable to noncontrolling interests

7,102

7,836

18,393

25,643

Net income (loss) attributable to Western Midstream Partners, LP

277,296

265,745

733,862

880,779

Limited partners' interest in net income (loss):

Net income (loss) attributable to Western Midstream Partners, LP

277,296

265,745

733,862

880,779

General partner interest in net (income) loss

(6,453)

(6,244)

(16,960)

(19,794)

Limited partners' interest in net income (loss)

^[4]

$ 270,843

$ 259,501

$ 716,902

$ 860,985

Net income (loss) per common unit - basic

^[4]

$ 0.71

$ 0.67

$ 1.87

$ 2.16

Net income (loss) per common unit - diluted

^[4]

$ 0.70

$ 0.66

$ 1.86

$ 2.15

Weighted-average common units outstanding - basic

^[4]

383,561

388,906

384,211

398,343

Weighted-average common units outstanding - diluted

^[4]

384,772

390,318

385,344

399,545

Service Revenues - Fee Based [Member]

Revenues and other

Revenues and other

$ 695,547

$ 666,555

$ 2,004,920

$ 1,954,105

Service Revenues - Product Based [Member]

Revenues and other

Revenues and other

48,446

91,356

142,212

202,721

Product Sales [Member]

Revenues and other

Revenues and other

31,652

79,430

100,336

314,755

Other [Member]

Revenues and other

Revenues and other

$ 368

$ 227

$ 800

$ 703

[1]	Total revenues and other includes related-party amounts of $463.6 million and $1.4 billion for the three and nine months ended September 30, 2023, respectively, and $476.5 million and $1.4 billion for the three and nine months ended September 30, 2022, respectively. See Note 6.
[2]	See Note 8.
[3]	Total operating expenses includes related-party amounts of $(35.8) million and $(53.0) million for the three and nine months ended September 30, 2023, respectively, and $(4.5) million and $(33.3) million for the three and nine months ended September 30, 2022, respectively, all primarily related to changes in imbalance positions. See Note 6.
[4]	See Note 5.

WES Balance Sheet

2023-09-30

Consolidated Balance Sheets - USD ($)
$ in Thousands

Sep. 30, 2023

Dec. 31, 2022

Current assets

Cash and cash equivalents

$ 489,494

$ 286,656

Accounts receivable, net

614,836

554,263

Other current assets

31,476

59,506

Total current assets

1,135,806

900,425

Property, plant, and equipment

Cost

13,809,080

13,365,593

Less accumulated depreciation

5,144,678

4,823,993

Net property, plant, and equipment

8,664,402

8,541,600

Goodwill

4,783

Other intangible assets

689,324

713,075

Equity investments

915,076

944,696

Other assets

^[1]

217,163

167,049

Total assets

^[2]

11,626,554

11,271,628

Current liabilities

Accounts and imbalance payables

393,358

360,562

Short-term debt

2,268

215,780

Accrued ad valorem taxes

50,291

72,875

Accrued liabilities

189,983

254,640

Total current liabilities

635,900

903,857

Long-term liabilities

Long-term debt

7,260,051

6,569,582

Deferred income taxes

15,378

14,424

Asset retirement obligations

307,945

290,021

Other liabilities

452,188

385,629

Total long-term liabilities

8,035,562

7,259,656

Total liabilities

^[3]

8,671,462

8,163,513

Equity and partners' capital

Common units (379,516,369 and 384,070,984 units issued and outstanding at September 30, 2023, and December 31, 2022, respectively)

2,821,958

2,969,604

General partner units (9,060,641 units issued and outstanding at September 30, 2023, and December 31, 2022)

1,678

2,105

Total partners' capital

2,823,636

2,971,709

Noncontrolling interests

131,456

136,406

Total equity and partners' capital

2,955,092

3,108,115

Total liabilities, equity, and partners' capital

$ 11,626,554

$ 11,271,628

Common units issued

379,516,369

384,070,984

Common units outstanding

379,516,369

384,070,984

General partner units issued

9,060,641

General partner units outstanding

9,060,641

[1]	Other assets includes $6.5 million of NGLs line-fill inventory as of September 30, 2023, and December 31, 2022. Other assets also includes $92.4 million and $60.4 million of materials and supplies inventory as of September 30, 2023, and December 31, 2022, respectively.
[2]	Total assets includes related-party amounts of $1.3 billion as of September 30, 2023, and December 31, 2022, which includes related-party Accounts receivable, net of $340.9 million and $313.9 million as of September 30, 2023, and December 31, 2022, respectively. See Note 6.
[3]	Total liabilities includes related-party amounts of $360.8 million and $312.3 million as of September 30, 2023, and December 31, 2022, respectively. See Note 6.

About Western Midstream Partners LP

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company 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. Michael P. Ure
WEBSITE	www.westernmidstream.com
EMPLOYEES	2022

Western Midstream Partners LP Frequently Asked Questions

What is the ticker symbol for Western Midstream Partners LP? What does WES stand for in stocks?

WES is the stock ticker symbol of Western Midstream Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Western Midstream Partners LP (WES)?

As of Thu Dec 07 2023, market cap of Western Midstream Partners LP is 10.24 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WES stock?

You can check WES's fair value in chart. The fair value of Western Midstream Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Western Midstream Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Western Midstream Partners LP a good stock to buy?

The fair value guage provides a quick view whether WES is over valued or under valued. Whether Western Midstream Partners LP is cheap or expensive depends on the assumptions which impact Western Midstream Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WES.

What is Western Midstream Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, WES's PE ratio (Price to Earnings) is 9.14 and Price to Sales (PS) ratio is 3.17. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WES PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Western Midstream Partners LP's stock?

In the past 10 years, Western Midstream Partners LP has provided 0.029 (multiply by 100 for percentage) rate of return.

Market Summary

WES Stock Price

WES RSI Chart

WES Valuation

WES Price/Sales (Trailing)

WES Profitability

WES Fundamentals

WES Revenue

WES Earnings

Price Action

52 Week Range

How does WES drawdown profile look like?

WES Financial Health

WES Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for WES

Which funds bought or sold WES recently?

Latest Funds Activity

Schedule 13G FIlings of Western Midstream Partners LP

Recent SEC filings of Western Midstream Partners LP

Peers (Alternatives to Western Midstream Partners LP)

Western Midstream Partners LP News

Financials for Western Midstream Partners LP

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

WES Income Statement

WES Balance Sheet

About Western Midstream Partners LP

Western Midstream Partners LP Frequently Asked Questions

What is the ticker symbol for Western Midstream Partners LP? What does WES stand for in stocks?

What is the market capital of Western Midstream Partners LP (WES)?

What is the fair value of WES stock?

Is Western Midstream Partners LP a good stock to buy?

What is Western Midstream Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

What is 5 year return on Western Midstream Partners LP's stock?

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)