XNYS
WES
, Last price
USD
Name
Western Midstream Partners LP
Chart & Performance
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.
IPO date
Dec 07, 2012
Employees
2,022
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 3,605,223 16.06% | 3,106,476 -4.47% | 3,251,721 13.02% | |||||||
Cost of revenue | 1,094,205 | 1,159,760 | 1,197,282 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,511,018 | 1,946,716 | 2,054,439 | |||||||
NOPBT Margin | 69.65% | 62.67% | 63.18% | |||||||
Operating Taxes | 18,111 | 4,385 | 4,187 | |||||||
Tax Rate | 0.72% | 0.23% | 0.20% | |||||||
NOPAT | 2,492,907 | 1,942,331 | 2,050,252 | |||||||
Net income | 1,573,571 57.59% | 998,532 -17.96% | 1,217,103 32.83% | |||||||
Dividends | (1,246,069) | (978,430) | (735,755) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (134,602) | (487,590) | ||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,069,929 | 629,007 | 215,780 | |||||||
Long-term debt | 7,163,630 | 7,368,119 | 6,576,401 | |||||||
Deferred revenue | 599,516 | 348,382 | ||||||||
Other long-term liabilities | 378,278 | 790,938 | 327,268 | |||||||
Net debt | 6,570,832 | 6,819,804 | 5,560,829 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,108,712 | 1,661,334 | 1,701,426 | |||||||
CAPEX | (833,856) | (735,167) | (487,228) | |||||||
Cash from investing activities | (39,168) | (1,607,291) | (218,237) | |||||||
Cash from financing activities | (1,253,282) | (67,912) | (1,398,532) | |||||||
FCF | 2,167,710 | 697,154 | 2,021,559 | |||||||
Balance | ||||||||||
Cash | 1,090,464 | 272,787 | 286,656 | |||||||
Long term investments | 572,263 | 904,535 | 944,696 | |||||||
Excess cash | 1,482,466 | 1,021,998 | 1,068,766 | |||||||
Stockholders' equity | 3,375,170 | 3,032,323 | 4,325,218 | |||||||
Invested Capital | 11,010,875 | 10,759,092 | 9,425,058 | |||||||
ROIC | 22.90% | 19.25% | 21.83% | |||||||
ROCE | 20.05% | 16.50% | 19.55% | |||||||
EV | ||||||||||
Common stock shares outstanding | 382,455 | 384,408 | 396,236 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 3,161,446 | 2,547,384 | 2,636,804 | |||||||
EV/EBITDA | ||||||||||
Interest | 378,513 | 348,228 | 333,939 | |||||||
Interest/NOPBT | 15.07% | 17.89% | 16.25% |