WE

Western Midstream Partners LP (WES)

EnergyOil & Gas Midstream
41.25USD
-4.03%
Magic Rank
#147
Earnings Yield
8.7%
Return on Capital
999.0%
Market Cap
16B

Performance vs S&P 500 (5Y)

WES.US
S&P 500

About Western Midstream Partners LP

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. It also provides water handling and recycling solutions to oil and natural gas operators in the United States. 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. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

Magic Formula Analysis

Enterprise Value22.9B
Market / Universe
us
USA

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio11.64
Dividend Yield9.2%
Debt to Equity2.13
Gross Margin46.1%