Western Midstream Partners, LP Stock (NYSE:WES)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$37.80

52W Range

$26.81 - $42.80

50D Avg

$38.39

200D Avg

$37.06

Market Cap

$14.25B

Avg Vol (3M)

$1.12M

Beta

2.82

Div Yield

$3.50 (10.88%)

WES Company Profile


Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates 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. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. 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.

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Industry

Oil & Gas Midstream

Sector

Energy

Exchange

NYSE

ADR

-

Country

US

Employees

1,377

IPO Date

Dec 10, 2012

Website

WES Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Service Fee Based$2.77B$2.60B$2.46B
Product$145.02M$399.02M$290.95M
Service Product Based$191.73M$249.69M$122.58M
Product and Service, Other$968.00K$953.00K$789.00K

Fiscal year ends in Dec 23 | Currency in USD

WES Financial Summary


Dec 23Dec 22Dec 21
Revenue$3.11B$3.25B$2.88B
Operating Income$1.38B$1.59B$1.34B
Net Income$1.02B$1.22B$916.29M
EBITDA$1.28B$2.09B$1.92B
Basic EPS$2.66$3.01$2.18
Diluted EPS$2.66$3.00$2.18

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 07, 24 | 4:18 PM
Q2 24Aug 08, 24 | 5:14 PM
Q1 24May 14, 24 | 12:00 AM

Peer Comparison


TickerCompany
PAAPlains All American Pipeline, L.P.
GELGenesis Energy, L.P.
MPLXMPLX LP
ETEnergy Transfer LP
DTMDT Midstream, Inc.
HESMHess Midstream LP
AMAntero Midstream Corporation
EPDEnterprise Products Partners L.P.