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Western Midstream Partners LP

Energy US WES

40.57USD
-0.24(0.59%)

Last update at 2024-07-25T16:51:00Z

Day Range

40.1340.90
LowHigh

52 Week Range

22.1030.20
LowHigh

Fundamentals

  • Previous Close 40.81
  • Market Cap10698.56M
  • Volume325264
  • P/E Ratio10.40
  • Dividend Yield8.98%
  • EBITDA1829.71M
  • Revenue TTM3027.71M
  • Revenue Per Share TTM7.88
  • Gross Profit TTM 2176.26M
  • Diluted EPS TTM2.71

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1255.64M 934.19M 522.85M 821.17M 451.46M
Minority interest -27.54100M -27.70700M -11.10400M 110.46M 79.08M
Net income 1217.10M 916.29M 527.01M 697.24M 369.43M
Selling general administrative 194.02M 195.55M 155.77M 114.59M 63.73M
Selling and marketing expenses - - - - -
Gross profit 2248.46M 2003.24M 2093.42M 1818.67M 1220.82M
Reconciled depreciation 582.37M 551.63M 491.09M 483.25M 337.54M
Ebit 1587.89M 1336.27M 1527.95M 1231.34M 864.53M
Ebitda 2088.76M 1917.78M 2019.03M 1615.40M 1202.06M
Depreciation and amortization 500.88M 581.50M 491.09M 384.06M 337.54M
Non operating income net other 1.69M -25.56700M 24.00M -106.88500M 12.14M
Operating income 1587.89M 1336.27M 1527.95M 1231.34M 625.36M
Other operating expenses 1930.41M 1715.03M 1484.16M 1744.66M 1290.91M
Interest expense 333.94M 376.51M 380.06M 303.29M 186.04M
Tax provision 4.19M -9.80700M 6.00M 13.47M 2.95M
Interest income 333.94M 376.51M 11.74M 16.90M 16.90M
Net interest income -333.93900M -376.51200M -368.32200M -286.38600M -169.14300M
Extraordinary items - - - - -
Non recurring 20.59M 30.54M 644.91M 6.28M 228.34M
Other items - - - - -
Income tax expense 4.19M -9.80700M 6.00M 13.47M 2.95M
Total revenue 3251.72M 2877.16M 2772.59M 2746.17M 1990.28M
Total operating expenses 927.14M 841.12M 804.98M 817.16M 521.45M
Cost of revenue 1003.26M 873.91M 679.17M 927.50M 769.46M
Total other income expense net -332.24500M -402.07900M -1005.09600M -410.17100M -78.76500M
Discontinued operations - - - - -
Net income from continuing ops 1251.46M 944.00M 516.85M 807.70M 448.51M
Net income applicable to common shares 1217.10M 916.29M 527.01M 726.52M 369.43M
Preferred stock and other adjustments - - - -29.27900M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 11271.63M 11273.08M 11830.03M 12346.45M 9238.64M
Intangible assets 713.08M 744.74M 776.41M 809.39M 746.80M
Earning assets - - - - -
Other current assets 6.41M 1.90M 17.93M 0.09M 4.18M
Total liab 8163.51M 8177.32M 8934.82M 9001.16M 5733.98M
Total stockholder equity 3108.11M 3095.76M 2895.21M 3345.29M -2848.42000M
Deferred long term liab 14.42M 12.43M 22.20M 18.90M 9.70M
Other current liab 306.61M 280.44M 279.90M 165.29M 142.13M
Common stock 2969.60M 2966.95M 2778.34M 3209.95M 2339.91M
Capital stock - - - - -
Retained earnings 1217.10M 1665.31M - - -
Other liab 656.76M 601.06M 558.05M 560.61M 712.17M
Good will 4.78M 4.78M 4.78M 445.80M 416.16M
Other assets 80.78M 86.97M 1395.83M 334.22M 322.79M
Cash 286.66M 202.00M 444.92M 99.96M 92.14M
Cash and equivalents 286.66M 202.00M 444.92M 99.96M 92.14M
Total current liabilities 903.86M 1140.20M 960.93M 485.95M 536.86M
Current deferred revenue 20.90M 27.76M 31.48M 19.66M 16.40M
Net debt 6498.71M 6198.62M 6970.91M 7851.60M 4695.24M
Short term debt 215.78M 505.93M 438.87M 7.87M 28.00M
Short long term debt 213.12M 502.14M 430.61M - 28.00M
Short long term debt total 6785.36M 6400.62M 7415.83M 7951.56M 4787.38M
Other stockholder equity 1891.01M 3095.76M 2895.21M 3345.29M 2848.42M
Property plant equipment 8541.60M 8512.91M 8709.94M 9064.93M 6612.07M
Total current assets 900.42M 684.76M 943.06M 402.41M 335.82M
Long term investments 944.70M 1167.19M 1224.81M 1545.72M 1105.28M
Net tangible assets 2390.26M 2208.55M 2114.02M 1940.53M 2341.70M
Short term investments - - 1224.81M 1285.72M 845.28M
Net receivables 590.30M 467.13M 471.19M 272.33M 231.16M
Long term debt 6565.42M 6399.08M 7415.83M 7951.56M 4787.38M
Inventory 3.80M 3.37M 0.88M 24.35M 6.37M
Accounts payable 360.56M 326.06M 210.69M 293.13M 350.32M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 137.69M 134.08M 149.57M 2552.78M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -3290.74000M -2848.42000M
Additional paid in capital - - - - -
Common stock total equity - - - 3209.95M 2339.91M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 152.62M 2075.41M 2177.02M 2619.11M 272.81M
Deferred long term asset charges - - - - -
Non current assets total 10371.20M 10588.32M 10886.96M 11944.04M 8902.82M
Capital lease obligations 6.82M 5.33M 31.91M 7.87M -
Long term debt total 6569.58M 6400.62M 7415.83M 7951.56M 4787.38M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 63.90M -257.53800M 32.16M 30.26M 25.61M
Change to liabilities -7.81200M 114.89M 144.44M -30.86600M 31.90M
Total cashflows from investing activities -218.23700M -257.53800M -448.25400M -3387.85300M -1459.79800M
Net borrowings -127.33200M -974.59700M -102.01600M 2703.67M 1306.35M
Total cash from financing activities -1398.53200M -1752.23700M -844.20400M 2071.57M 455.66M
Change to operating activities 34.79M 49.86M 30.06M 54.88M -38.08700M
Net income 1251.46M 944.00M 516.85M 807.70M 448.51M
Change in cash 84.66M -242.92300M 344.96M 7.82M 12.55M
Begin period cash flow 202.00M 444.92M 99.96M 92.14M 79.59M
End period cash flow 286.66M 202.00M 444.92M 99.96M 92.14M
Total cash from operating activities 1701.43M 1766.85M 1637.42M 1324.10M 1016.70M
Issuance of capital stock - - - - 0.00000M
Depreciation 582.37M 551.63M 491.09M 483.25M 337.54M
Other cashflows from investing activities 245.22M 14.75M -56.81200M -128.05100M -129.39700M
Dividends paid -735.75500M -533.75800M -695.83400M -969.07300M 502.46M
Change to inventory -9.46800M -57.75700M -57.75700M 0.24M 0.75M
Change to account receivables -116.29600M -28.96500M -147.04100M -45.03300M -56.70700M
Sale purchase of stock -487.59000M -217.46500M -32.53500M -0.85500M -13.52900M
Other cashflows from financing activities 1343.36M -41.53500M 21.09M 4508.75M 1998.11M
Change to netincome 53.46M 82.52M 679.51M 160.45M 243.18M
Capital expenditures 487.23M 313.67M 423.09M 1188.83M 1193.90M
Change receivables -116.29600M 16.37M -193.68800M -45.03300M -56.70700M
Cash flows other operating -61.74300M 57.45M -0.77900M -51.40300M 12.27M
Exchange rate changes - - - - -
Cash and cash equivalents changes 84.66M -242.92300M 344.96M 7.82M 12.55M
Change in working capital -49.21300M 215.78M 30.06M 7.81M 3.62M
Stock based compensation 27.78M 34.59M 14.60M 15.49M 6.43M
Other non cash items -112.96400M 30.62M 581.52M 2.23M 218.13M
Free cash flow 1214.20M 1453.18M 1214.33M 135.27M -177.20100M

Peer Comparison

Sector: Energy Industry: Oil & Gas Midstream

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WES
Western Midstream Partners LP
-0.24 0.59% 40.57 10.40 8.24 3.46 3.73 5.72 8.61
ENB
Enbridge Inc
0.09 0.23% 36.66 32.07 17.33 1.67 1.73 2.98 10.28
EBBNF
Enbridge Inc
-0.21 0.98% 21.18 8.69 - 1.66 -
EPD
Enterprise Products Partners LP
0.15 0.51% 29.85 10.72 9.90 1.17 2.09 1.76 9.64
ET
Energy Transfer LP
0.09 0.53% 16.27 13.07 8.26 0.59 1.41 1.21 7.76

Reports Covered

Stock Research & News

Profile

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company 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.

Western Midstream Partners LP

9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380

Key Executives

Name Title Year Born
Mr. Michael P. Ure Pres, CEO & Director - Western Midstream Holdings LLC 1977
Mr. Christopher B. Dial Sr. VP, Gen. Counsel & Corp. Sec. of Western Midstream Holdings, LLC 1977
Mr. Charles G. Griffie Sr. VP of Operations & Engineering - Western Midstream Holdings LLC 1974
Mr. Robert W. Bourne Sr. VP & Chief Commercial Officer of Western Midstream Holdings, LLC 1956
Ms. Kristen S. Shults SVP, CFO, Head of IR and Sr. VP of Fin. & Communications - Western Midstream Holdings LLC NA
Ms. Catherine A. Green Sr. VP & Chief Accounting Officer of Western Midstream Holdings, LLC 1974
Mr. Jonathan A. Greenberg VP of Corp. Devel. - Western Midstream Holdings LLC NA
Ms. Crystal J. Sled Sr. VP of Human Capital Mgmt., Diversity, Equity, & Inclusion - Western Midstream Holdings LLC NA
Mr. Alejandro O. Nebreda Sr. VP of Bus. Services - Western Midstream Holdings LLC NA
Mr. Daniel P. Holderman Sr. VP of South Operations NA

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