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Western Midstream Partners LP (WES)

Stock Price: $10.26 USD 0.16 (1.58%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 4.56B
Revenue (ttm) 2.84B
Net Income (ttm) 425.50M
Shares Out 443.99M
EPS (ttm) 1.00
PE Ratio 10.26
Forward PE 7.46
Dividend $1.24
Dividend Yield 12.09%

Stock Quote

Trading Day Aug 12, 2020
Last Price $10.26
Previous Close $10.10
Change ($) 0.16
Change (%) 1.58%
Day's Open 10.04
Day's Range 9.90 - 10.30
Day's Volume 1,379,488
52-Week Range 2.90 - 27.38

More Stats

Market Cap 4.56B
Enterprise Value 12.48B
Earnings Date (est) Nov 3, 2020
Ex-Dividend Date Jul 30, 2020
Shares Outstanding 443.99M
Float 200.56M
EPS (basic) 0.95
EPS (diluted) 1.00
FCF / Share 1.30
Dividend $1.24
Dividend Yield 12.09%
Earnings Yield 9.75%
FCF Yield 12.71%
Payout Ratio n/a
Shares Short 8.33M
Short Ratio 3.56
Short % of Float 4.15%
Beta 3.72
PE Ratio 10.26
Forward PE 7.46
P/FCF Ratio 7.87
PS Ratio 1.61
PB Ratio 1.63
Revenue 2.84B
Operating Income 532.17M
Net Income 425.50M
Free Cash Flow 579.10M
Net Cash -7.92B
Net Cash / Share -17.85
Gross Margin 58.57%
Operating Margin 18.77%
Profit Margin 14.80%
FCF Margin 20.42%
ROA 5.98%
ROE 12.84%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (14)

Buy 4
Overweight 1
Hold 7
Underweight 1
Sell 1

Analyst Consensus: Overweight

Price Target

$10.64*
(3.70% upside)
Low
7.00
Current: $10.26
High
17.00
Target: 10.64
*Average 12-month price target from 14 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
Country United States
CEO Michael P. Ure

Stock Information

Ticker Symbol WES
Stock Exchange New York Stock Exchange
Sector Basic Materials
Industry Oil & Gas Pipelines
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.