Western Midstream Partners, LPWES

$42.96-0.72 (-1.65%)
NYSEEnergy24:00 UTC

Company snapshot

Market Cap
$17B
Large-cap
+111%
2016 — today
10-Year Price
+15%
2016 — today
52-Week Range
$37.26$47.33
Current $42.96· 57%

Western Midstream Partners, LP, an energy infrastructure company operating with its subsidiaries, primarily acquires, owns, develops, and manages assets across the United States. Its core functions include the collection, compression, treatment, processing, and transportation of natural gas. The firm also handles the gathering, stabilization, and conveyance of condensate, natural gas liquids (NGLs), and crude oil, alongside the collection and disposal of water generated during production. Additionally, it engages in the buying and selling of natural gas, NGLs, and condensate. Western Midstream maintains operations in significant regions such as Texas, New Mexico, the Rocky Mountains, and north-central Pennsylvania. Western Midstream Holdings, LLC functions as its general partner. Formed in 2007, the company is headquartered in The Woodlands, Texas, and rebranded from Western Gas Equity Partners, LP to its current name in February 2019.

Valuation in context

P/E ratio
13.9
Above average
Pricier than usual over the last 10 years
P/B ratio
4.9
Near historic high
Near historic highs — last 10 years
EV / EBITDA
11.5
Above average
Pricier than usual over the last 10 years
Dividend Yield
8.5%
Above average
Above the 10-year average
PEG ratio
2.0
Near historic high
Near historic highs — last 10 years
FCF Yield
8.0%
Around average
Around the 10-year average
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