Western Midstream Partners, LP Stock (NYSE:WES)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$38.53

52W Range

$33.60 - $43.33

50D Avg

$39.90

200D Avg

$39.44

Market Cap

$14.26B

Avg Vol (3M)

$1.35M

Beta

2.33

Div Yield

$3.50 (9.36%)

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

1,511

IPO Date

Dec 10, 2012

Website

WES Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Service Fee Based$3.25B$2.77B$2.60B
Product and Service, Other$1.08M$968.00K$953.00K
Service Product Based$215.78M$191.73M$249.69M
Product$140.10M$145.02M$399.02M

Fiscal year ends in Dec 24 | Currency in USD

WES Financial Summary


Dec 24Dec 23Dec 22
Revenue$3.61B$3.11B$3.25B
Operating Income$1.97B$1.38B$1.59B
Net Income$1.57B$998.53M$1.22B
EBITDA$1.86B$2.00B$2.17B
Basic EPS$4.14$2.61$3.01
Diluted EPS$4.11$2.60$3.00

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Feb 27, 25 | 2:00 PM
Q3 24Nov 07, 24 | 2:00 PM
Q2 24Aug 08, 24 | 2:00 PM

Peer Comparison


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