Western Midstream Partners LP
General ticker "WES" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $15.0B
Western Midstream Partners LP follows the US Stock Market performance with the rate: 54.9%.
Estimated limits based on current volatility of 1.6%: low 38.00$, high 39.27$
Factors to consider:
- Company pays dividends: last record date 2024-11-01, amount 0.88$ (Y9.01%)
- Current price 12.7% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [23.14$, 34.66$]
- 2024-12-30 to 2025-12-30 estimated range: [27.07$, 39.46$]
Financial Metrics affecting the WES estimates:
- Positive: Non-GAAP EPS, $ of 2.60 > 2.29
- Positive: Industry operating cash flow per share per price (median), % of 20.76 > 10.07
- Positive: Operating cash flow per share per price, % of 15.28 > 12.76
- Positive: Return on assets ratio (scaled to [-100,100]) of 7.75 > 7.10
- Negative: Investing cash flow per share, $ of -4.20 <= -3.48
- Negative: 0 < Inventory ratio change, % of 0.04
- Positive: Operating profit margin, % of 42.46 > 19.51
- Positive: Industry inventory ratio change (median), % of -0.70 <= -0.39
- Positive: Industry operating profit margin (median), % of 23.32 > 11.86
Short-term WES quotes
Long-term WES plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,081.84MM | $3,538.88MM | $3,249.33MM |
| Operating Expenses | $1,745.57MM | $1,950.99MM | $1,869.77MM |
| Operating Income | $1,336.27MM | $1,587.89MM | $1,379.56MM |
| Non-Operating Income | $-402.08MM | $-332.25MM | $-327.17MM |
| Interest Expense | $376.51MM | $333.94MM | $348.23MM |
| Income(Loss) | $934.19MM | $1,255.64MM | $1,052.39MM |
| Taxes | $-9.81MM | $4.19MM | $4.38MM |
| Profit(Loss) | $944.00MM | $1,251.46MM | $1,048.01MM |
| Stockholders Equity | $3,095.76MM | $3,108.11MM | $2,897.42MM |
| Inventory | $3.37MM | $3.80MM | $2.56MM |
| Assets | $11,273.08MM | $11,271.63MM | $12,471.61MM |
| Operating Cash Flow | $1,766.85MM | $1,701.43MM | $1,661.33MM |
| Capital expenditure | $313.67MM | $487.23MM | $735.17MM |
| Investing Cash Flow | $-257.54MM | $-218.24MM | $-1,607.29MM |
| Financing Cash Flow | $-1,752.24MM | $-1,398.53MM | $-67.91MM |
| Earnings Per Share* | $2.18 | $3.01 | $2.61 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.