WES Stock Overview
Operates as a midstream energy company primarily in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
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Decreased Natural Gas Liquids Volume May Hurt Future Earnings
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Western Midstream Partners, LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$40.44 |
| 52 Week High | US$43.33 |
| 52 Week Low | US$27.87 |
| Beta | 2.81 |
| 1 Month Change | 2.46% |
| 3 Month Change | 12.08% |
| 1 Year Change | 44.58% |
| 3 Year Change | 54.94% |
| 5 Year Change | 154.82% |
| Change since IPO | 44.43% |
Recent News & Updates
Western Midstream: Deeply Undervalued With An 8.7% Yield
Jan 10Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow
Dec 16Western Midstream: 9% Yield Looks Solid Despite Moderating Growth
Nov 19Recent updates
Western Midstream: Deeply Undervalued With An 8.7% Yield
Jan 10Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow
Dec 16Western Midstream: 9% Yield Looks Solid Despite Moderating Growth
Nov 19Western Midstream: 9% Yield With Growth Tailwinds From Permian Gas Expansion
Nov 08Western Midstream: Pumping Out A Massive 9% Yield
Oct 18Western Midstream: My Top 2 MLP Income Pick
Oct 06Western Midstream: Time To Buy This Ultra-High-Yielding Bargain
Sep 13Western Midstream Partners: High Yield Supported By Growth
Aug 098.8% Yield And Investment Grade? I'm All In - Western Midstream
Jul 30Western Midstream: One Of The Highest Energy Yields
Jul 08Western Midstream: This 9%-Yielding MLP May Be Worth Buying Now
Jun 209.3% Yield And Investment-Grade Rating Yes! Western Midstream
Jun 07Shopping For Income? Don't Ignore 9%-Yielding Western Midstream Partners
May 20Western Midstream Continues To Drive Reliable Returns
May 13Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company
Apr 03Western Midstream: Redlining The Balance Sheet
Mar 16Western Midstream's Recent Strength Doesn't Change The Thesis
Mar 05My Income Climbed 52%, More Capital Gains Ahead: Western Midstream
Feb 28Western Midstream: The Breakout Is Here And It's Likely Not Over
Feb 22Natural Gas Demand Is Soaring: Earn +8% Yields From Western Midstream
Dec 26Western Midstream Partners: Latest Actions Should Drive A Breakout
Nov 02Western Midstream: Meritage Acquisition Should Drive Growth
Oct 26Western Midstream's Lack Of Appreciation Is Your Opportunity
Oct 01Western Midstream Partners LP: Strong And Reliable Yield For The Dividend-Oriented Investor
Sep 25Western Midstream Partners: Guidance Doesn't Reflect Long-Term Opportunity
Aug 13Western Midstream Partners LP: Occidental Benefits
Jul 24Western Midstream: Steady Performer Remains A Buy
Jul 13Western Midstream: Leading The Pack In Midstream
Jun 13Western Midstream: Buy The Dip
Jun 06Western Midstream: Untapped Potential
Feb 21Western Midstream Partners declares $0.50 dividend
Jan 20Western Midstream: Growth Moderating, Bonds Looking Competitive
Nov 04Western Midstream Partners goes ex-dividend tomorrow
Oct 27Western Midstream Partners: A 12% Distribution Yield Could Be Coming Soon
Sep 10Western Midstream: A Double-Digit Yielding Investment For Any Retirement Portfolio
Aug 08Western Midstream Partners goes ex-dividend tomorrow
Jul 28Shareholder Returns
| WES | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -5.7% | 0.1% | 0.6% |
| 1Y | 44.6% | 11.9% | 22.4% |
Return vs Industry: WES exceeded the US Oil and Gas industry which returned 11.9% over the past year.
Return vs Market: WES exceeded the US Market which returned 22.4% over the past year.
Price Volatility
| WES volatility | |
|---|---|
| WES Average Weekly Movement | 3.9% |
| Oil and Gas Industry Average Movement | 5.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: WES has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WES's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 1,377 | Oscar Brown | www.westernmidstream.com |
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. The company also buys and sells natural gas, NGLs, and condensate.
Western Midstream Partners, LP Fundamentals Summary
| WES fundamental statistics | |
|---|---|
| Market cap | US$15.70b |
| Earnings (TTM) | US$1.49b |
| Revenue (TTM) | US$3.53b |
10.3x
P/E Ratio4.4x
P/S RatioIs WES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WES income statement (TTM) | |
|---|---|
| Revenue | US$3.53b |
| Cost of Revenue | US$1.02b |
| Gross Profit | US$2.51b |
| Other Expenses | US$1.02b |
| Earnings | US$1.49b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 27, 2025
| Earnings per share (EPS) | 3.92 |
| Gross Margin | 71.05% |
| Net Profit Margin | 42.23% |
| Debt/Equity Ratio | 233.9% |
How did WES perform over the long term?
See historical performance and comparisonDividends
8.7%
Current Dividend Yield81%
Payout RatioDoes WES pay a reliable dividends?
See WES dividend history and benchmarks| Western Midstream Partners dividend dates | |
|---|---|
| Ex Dividend Date | Feb 03 2025 |
| Dividend Pay Date | Feb 14 2025 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 7 days |
Does WES pay a reliable dividends?
See WES dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 00:38 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Western Midstream Partners, LP is covered by 34 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Marc Solecitto | Barclays |
| Indraneel Mitra | BofA Global Research |