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Western Midstream Partners LP (WES)

Stock Price: $15.61 USD 1.47 (10.40%)
Updated December 3, 4:00 PM EST - Market closed
After-hours: $15.47 -0.14 (-0.90%) Dec 3, 7:56 PM

Stock Price Chart

Key Info

Market Cap 6.50B
Revenue (ttm) 2.85B
Net Income (ttm) 539.79M
Shares Out 438.86M
EPS (ttm) 1.21
PE Ratio 12.90
Forward PE 5.49
Dividend $1.24
Dividend Yield 7.94%

Stock Quote

Trading Day December 3
Last Price $15.61
Previous Close $14.14
Change ($) 1.47
Change (%) 10.40%
Day's Open 14.50
Day's Range 14.11 - 15.75
Day's Volume 3,309,486
52-Week Range 2.76 - 18.83

More Stats

Market Cap 6.50B
Enterprise Value 14.24B
Earnings Date (est) n/a
Ex-Dividend Date Jul 30, 2020
Shares Outstanding 438.86M
Float n/a
EPS (basic) 1.23
EPS (diluted) 1.21
FCF / Share 1.73
Dividend $1.24
Dividend Yield 7.94%
Earnings Yield 7.75%
FCF Yield 11.67%
Payout Ratio 151.50%
Shares Short 3.50M
Short Ratio 2.26
Short % of Float n/a
Beta 3.90
PE Ratio 12.90
Forward PE 5.49
P/FCF Ratio 8.57
PS Ratio 2.28
PB Ratio 2.05
Revenue 2.85B
Operating Income 604.42M
Net Income 539.79M
Free Cash Flow 758.34M
Net Cash -7.74B
Net Cash / Share -18.60
Gross Margin 58.30%
Operating Margin 21.22%
Profit Margin 19.00%
FCF Margin 26.62%
ROA 6.54%
ROE 17.68%
ROIC 5.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (15)

Buy 6
Overweight 1
Hold 5
Underweight 1
Sell 2

Analyst Consensus: Overweight

Price Target

$13.93*
(-10.76% downside)
Low
5.00
Current: $15.61
High
19.00
Target: 13.93
*Average 12-month price target from 15 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,7462,3002,4301,8041,7521,5331,085894869663
Revenue Growth19.42%-5.35%34.66%2.98%14.26%41.26%21.35%2.88%31.08%-
Gross Profit1,6611,4031,1301,002892781511418416313
Operating Income99566555464025.91494301178245178
Net Income69755254134616628816461.3894.1663.94
Shares Outstanding416219219219219219219219209-
Earnings Per Share1.591.691.721.530.391.020.710.01--
EPS Growth-5.92%-1.74%12.42%292.31%-61.76%43.66%7000%---
Dividend Per Share2.452.302.021.711.401.040.63---
Dividend Growth6.75%13.67%18.14%21.98%34.58%65.24%----
Operating Cash Flow1,3241,3481,043913783691489277259221
Capital Expenditures-1,189-1,949-1,028-480-638-805-682-638-150-138
Free Cash Flow135-60014.40433145-114-193-36110983.33
Cash & Equivalents99.9692.1479.5935999.6967.2111342322727.07
Total Debt7,9595,2433,4933,1192,6912,4241,4181,168669474
Net Cash / Debt-7,859-5,151-3,413-2,760-2,591-2,357-1,305-746-443-447
Assets12,34611,4578,0167,7367,3036,9554,6313,7512,8382,263
Liabilities9,0016,5654,0713,6253,3832,8211,7271,4701,3711,080
Book Value3,1962,3401,0611,0481,4911,3831,2171,112529370
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Western Midstream Partners LP

Stock Information

Ticker Symbol WES
Stock Exchange NYSE
Sector Energy
Industry Oil & Gas Midstream
Unique Identifier NYSE: WES
IPO Date May 9, 2008

Description

Western Midstream Partners, LP, together with its subsidiaries, engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids (NGLs), and crude oil primarily in the United States. It is also involved in gathering and disposing of produced water; and buying and selling of natural gas, NGLs, and condensate. 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. The company was founded in 2007 and is headquartered in The Woodlands, Texas. Western Midstream Partners, LP is a subsidiary of Anadarko Petroleum Corporation.