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
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 2,746 | 2,300 | 2,430 | 1,804 | 1,752 | 1,533 | 1,085 | 894 | 869 | 663 |
| Revenue Growth | 19.42% | -5.35% | 34.66% | 2.98% | 14.26% | 41.26% | 21.35% | 2.88% | 31.08% | - |
| Gross Profit | 1,661 | 1,403 | 1,130 | 1,002 | 892 | 781 | 511 | 418 | 416 | 313 |
| Operating Income | 995 | 665 | 554 | 640 | 25.91 | 494 | 301 | 178 | 245 | 178 |
| Net Income | 697 | 552 | 541 | 346 | 166 | 288 | 164 | 61.38 | 94.16 | 63.94 |
| Shares Outstanding | 416 | 219 | 219 | 219 | 219 | 219 | 219 | 219 | 209 | - |
| Earnings Per Share | 1.59 | 1.69 | 1.72 | 1.53 | 0.39 | 1.02 | 0.71 | 0.01 | - | - |
| EPS Growth | -5.92% | -1.74% | 12.42% | 292.31% | -61.76% | 43.66% | 7000% | - | - | - |
| Dividend Per Share | 2.45 | 2.30 | 2.02 | 1.71 | 1.40 | 1.04 | 0.63 | - | - | - |
| Dividend Growth | 6.75% | 13.67% | 18.14% | 21.98% | 34.58% | 65.24% | - | - | - | - |
| Operating Cash Flow | 1,324 | 1,348 | 1,043 | 913 | 783 | 691 | 489 | 277 | 259 | 221 |
| Capital Expenditures | -1,189 | -1,949 | -1,028 | -480 | -638 | -805 | -682 | -638 | -150 | -138 |
| Free Cash Flow | 135 | -600 | 14.40 | 433 | 145 | -114 | -193 | -361 | 109 | 83.33 |
| Cash & Equivalents | 99.96 | 92.14 | 79.59 | 359 | 99.69 | 67.21 | 113 | 423 | 227 | 27.07 |
| Total Debt | 7,959 | 5,243 | 3,493 | 3,119 | 2,691 | 2,424 | 1,418 | 1,168 | 669 | 474 |
| Net Cash / Debt | -7,859 | -5,151 | -3,413 | -2,760 | -2,591 | -2,357 | -1,305 | -746 | -443 | -447 |
| Assets | 12,346 | 11,457 | 8,016 | 7,736 | 7,303 | 6,955 | 4,631 | 3,751 | 2,838 | 2,263 |
| Liabilities | 9,001 | 6,565 | 4,071 | 3,625 | 3,383 | 2,821 | 1,727 | 1,470 | 1,371 | 1,080 |
| Book Value | 3,196 | 2,340 | 1,061 | 1,048 | 1,491 | 1,383 | 1,217 | 1,112 | 529 | 370 |
Numbers in millions USD, except per-share numbers.
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.