(WES) Western Midstream Partners - Ratings and Ratios
Natural Gas, Crude Oil, Condensate, NGLs
WES EPS (Earnings per Share)
WES Revenue
Description: WES Western Midstream Partners
Western Midstream Partners LP (NYSE:WES) is a midstream energy company operating primarily in the United States, providing services such as natural gas gathering, compression, treatment, processing, and transportation, as well as handling condensate, NGLs, and crude oil. The companys assets are strategically located in Texas, New Mexico, and the Rocky Mountains, positioning it for potential growth in these key energy-producing regions.
From a financial perspective, WES has demonstrated strong performance, with a Return on Equity (RoE) of 40.05%, indicating effective management of shareholder capital. The companys Price-to-Earnings (P/E) ratio of 12.15 and Forward P/E of 11.53 suggest a relatively stable valuation compared to its earnings. With a Market Capitalization of $15.478 billion, WES is considered a mid-to-large-cap stock in the Oil & Gas Storage & Transportation sub-industry.
Additional key performance indicators (KPIs) worth considering for WES include its Debt-to-Equity ratio, Interest Coverage ratio, and the percentage of revenue generated from long-term contracts or firm commitments. These metrics can provide further insights into the companys financial health, leverage, and cash flow stability. Furthermore, the companys distribution yield and payout ratio are also relevant, given its status as a Master Limited Partnership (MLP), which is often characterized by its distribution payments to unitholders.
To evaluate WESs operational performance, one could examine its throughput volumes, particularly for natural gas and liquids, as well as its processing and transportation capacities. The companys ability to expand its asset base through accretive acquisitions or organic growth projects is also crucial, as it can impact future cash flows and distributions. Moreover, WESs hedging strategies and exposure to commodity price fluctuations are essential factors in assessing its overall risk profile.
WES Stock Overview
| Market Cap in USD | 14,548m |
| Sub-Industry | Oil & Gas Storage & Transportation |
| IPO / Inception | 2008-05-09 |
WES Stock Ratings
| Growth Rating | 82.3% |
| Fundamental | 80.5% |
| Dividend Rating | 96.5% |
| Return 12m vs S&P 500 | -3.95% |
| Analyst Rating | 3.15 of 5 |
WES Dividends
| Dividend Yield 12m | 9.44% |
| Yield on Cost 5y | 60.20% |
| Annual Growth 5y | 15.53% |
| Payout Consistency | 95.2% |
| Payout Ratio | 107.9% |
WES Growth Ratios
| Growth Correlation 3m | 64.1% |
| Growth Correlation 12m | 60.4% |
| Growth Correlation 5y | 98.4% |
| CAGR 5y | 45.69% |
| CAGR/Max DD 5y | 1.94 |
| Sharpe Ratio 12m | 1.71 |
| Alpha | 0.50 |
| Beta | 0.528 |
| Volatility | 23.22% |
| Current Volume | 714.4k |
| Average Volume 20d | 1295.4k |
| Stop Loss | 37.4 (-3.1%) |
| Signal | 0.26 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (1.27b TTM) > 0 and > 6% of Revenue (6% = 220.3m TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 3.78pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 5.73% (prev 12.67%; Δ -6.94pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 2.15b > Net Income 1.27b (YES >=105%, WARN >=100%) |
| Net Debt (6.87b) to EBITDA (2.18b) ratio: 3.15 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (382.3m) change vs 12m ago 0.02% (target <= -2.0% for YES) |
| Gross Margin 75.41% (prev 58.54%; Δ 16.87pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 30.17% (prev 28.14%; Δ 2.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.91 (EBITDA TTM 2.18b / Interest Expense TTM 385.9m) >= 6 (WARN >= 3) |
Altman Z'' 1.65
| (A) 0.02 = (Total Current Assets 905.0m - Total Current Liabilities 694.8m) / Total Assets 12.16b |
| (B) 0.10 = Retained Earnings (Balance) 1.22b / Total Assets 12.16b |
| (C) 0.12 = EBIT TTM 1.51b / Avg Total Assets 12.17b |
| (D) 0.36 = Book Value of Equity 3.19b / Total Liabilities 8.83b |
| Total Rating: 1.65 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.49
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 7.39% = 3.70 |
| 3. FCF Margin 43.10% = 7.50 |
| 4. Debt/Equity 2.19 = 0.49 |
| 5. Debt/Ebitda 3.20 = -2.02 |
| 6. ROIC - WACC 8.13% = 10.17 |
| 7. RoE 39.60% = 2.50 |
| 8. Rev. Trend 81.37% = 4.07 |
| 9. Rev. CAGR 4.38% = 0.55 |
| 10. EPS Trend 40.16% = 1.00 |
| 11. EPS CAGR 10.40% = 1.04 |
What is the price of WES shares?
Over the past week, the price has changed by +0.99%, over one month by -3.49%, over three months by +2.90% and over the past year by +13.03%.
Is Western Midstream Partners a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of WES is around 52.19 USD . This means that WES is currently undervalued and has a potential upside of +35.24% (Margin of Safety).
Is WES a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 8
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the WES price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 40.1 | 3.9% |
| Analysts Target Price | 40.8 | 5.6% |
| ValueRay Target Price | 56.8 | 47.2% |
Last update: 2025-08-20 02:49
WES Fundamental Data Overview
CCE Cash And Equivalents = 129.7m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 11.7385
P/E Forward = 10.9649
P/S = 3.9625
P/B = 4.5619
P/EG = 5.48
Beta = 1.127
Revenue TTM = 3.67b USD
EBIT TTM = 1.51b USD
EBITDA TTM = 2.18b USD
Long Term Debt = 6.91b USD (from longTermDebt, last quarter)
Short Term Debt = 74.6m USD (from shortTermDebt, last quarter)
Debt = 6.98b USD (Calculated: Short Term 74.6m + Long Term 6.91b)
Net Debt = 6.87b USD (from netDebt column, last quarter)
Enterprise Value = 21.40b USD (14.55b + Debt 6.98b - CCE 129.7m)
Interest Coverage Ratio = 3.91 (Ebit TTM 1.51b / Interest Expense TTM 385.9m)
FCF Yield = 7.39% (FCF TTM 1.58b / Enterprise Value 21.40b)
FCF Margin = 43.10% (FCF TTM 1.58b / Revenue TTM 3.67b)
Net Margin = 34.67% (Net Income TTM 1.27b / Revenue TTM 3.67b)
Gross Margin = 75.41% ((Revenue TTM 3.67b - Cost of Revenue TTM 902.8m) / Revenue TTM)
Tobins Q-Ratio = 6.71 (Enterprise Value 21.40b / Book Value Of Equity 3.19b)
Interest Expense / Debt = 1.36% (Interest Expense 95.2m / Debt 6.98b)
Taxrate = 1.11% (from yearly Income Tax Expense: 18.1m / 1.63b)
NOPAT = 1.49b (EBIT 1.51b * (1 - 1.11%))
Current Ratio = 1.30 (Total Current Assets 905.0m / Total Current Liabilities 694.8m)
Debt / Equity = 2.19 (Debt 6.98b / last Quarter total Stockholder Equity 3.19b)
Debt / EBITDA = 3.20 (Net Debt 6.87b / EBITDA 2.18b)
Debt / FCF = 4.41 (Debt 6.98b / FCF TTM 1.58b)
Total Stockholder Equity = 3.21b (last 4 quarters mean)
RoA = 10.47% (Net Income 1.27b, Total Assets 12.16b )
RoE = 39.60% (Net Income TTM 1.27b / Total Stockholder Equity 3.21b)
RoCE = 14.92% (Ebit 1.51b / (Equity 3.21b + L.T.Debt 6.91b))
RoIC = 13.95% (NOPAT 1.49b / Invested Capital 10.70b)
WACC = 5.82% (E(14.55b)/V(21.53b) * Re(7.96%)) + (D(6.98b)/V(21.53b) * Rd(1.36%) * (1-Tc(0.01)))
Shares Correlation 5-Years: -70.0 | Cagr: -1.64%
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 77.75% ; FCFE base≈1.40b ; Y1≈1.35b ; Y5≈1.33b
Fair Price DCF = 62.22 (DCF Value 23.73b / Shares Outstanding 381.3m; 5y FCF grow -4.81% → 3.0% )
Revenue Correlation: 81.37 | Revenue CAGR: 4.38%
Rev Growth-of-Growth: 0.41
EPS Correlation: 40.16 | EPS CAGR: 10.40%
EPS Growth-of-Growth: -29.70
Additional Sources for WES Stock
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Fund Manager Positions: Dataroma | Stockcircle