Western Midstream Partners Stock Today

WES Stock  USD 39.63  0.89  2.30%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Western Midstream is selling for under 39.63 as of the 28th of November 2024; that is 2.30% increase since the beginning of the trading day. The stock's lowest day price was 38.95. Western Midstream has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Western Midstream Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
9th of May 2008
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas. The company has 380.56 M outstanding shares of which 6.4 M shares are at this time shorted by investors with about 4.36 days to cover. More on Western Midstream Partners

Western Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMichael Ure
Thematic IdeaBasic Utilities (View all Themes)
Old NameKoninklijke Wessanen N.V
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, SPASX All Australian, SPASX 50, Australia All Ordinaries, SPASX 200, SPASX 300, SPASX 200 Accumulated, SPASX 100, SPASX 20, Basic Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0440.082
Way Down
Slightly volatile
Asset Turnover0.30.2491
Fairly Up
Slightly volatile
Gross Profit Margin0.490.7015
Way Down
Slightly volatile
Total Current Liabilities1.4 B1.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.2 B8.1 B
Way Down
Slightly volatile
Total Assets6.9 B12.5 B
Way Down
Slightly volatile
Total Current AssetsB992.4 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities833.3 M1.7 B
Way Down
Slightly volatile
Debt Levels
Western Midstream can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Midstream's financial leverage. It provides some insight into what part of Western Midstream's total assets is financed by creditors.
Liquidity
Western Midstream Partners has 7.96 B in debt with debt to equity (D/E) ratio of 2.34, meaning that the company heavily relies on borrowing funds for operations. Western Midstream has a current ratio of 1.18, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Western to invest in growth at high rates of return.

Free Cash Flow

972.57 Million
Western Midstream Partners (WES) is traded on New York Stock Exchange in USA. It is located in 9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 and employs 1,377 people. Western Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 14.74 B. Western Midstream runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 380.56 M outstanding shares of which 6.4 M shares are at this time shorted by investors with about 4.36 days to cover. Western Midstream Partners has about 286.66 M in cash with 1.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41.
Check Western Midstream Probability Of Bankruptcy
Ownership Allocation
Western Midstream Partners retains a total of 380.56 Million outstanding shares. The majority of Western Midstream outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Western Midstream to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Western Midstream Partners. Please pay attention to any change in the institutional holdings of Western Midstream as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Western Ownership Details

Western Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
M
Clearbridge Advisors, Llc2024-09-30
2.5 M
Eagle Global Advisors, Llc2024-09-30
M
Jennison Associates Llc2024-09-30
1.7 M
Miller Howard Investments Inc2024-09-30
1.7 M
Brookfield Corp2024-09-30
1.7 M
Fractal Investments Llc2024-09-30
1.5 M
Bank Of America Corp2024-06-30
1.5 M
Infrastructure Capital Advisors, Llc2024-09-30
1.4 M
Alps Advisors Inc2024-09-30
28.4 M
Amvescap Plc.2024-06-30
22.3 M
View Western Midstream Diagnostics

Western Midstream Historical Income Statement

At this time, Western Midstream's Depreciation And Amortization is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 1.6 M in 2024, whereas Gross Profit is likely to drop slightly above 1 B in 2024. View More Fundamentals

Western Stock Against Markets

Western Midstream Corporate Directors

Thomas HixIndependent Director of the General PartnerProfile
Nicole ClarkDirector of the General PartnerProfile
Jennifer KirkDirector of Western Gas Equity Holdings, LLCProfile
Steven ArnoldIndependent Director of Western Gas Holdings, LLCProfile

Already Invested in Western Midstream Partners?

The danger of trading Western Midstream Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Midstream is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Midstream. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Midstream is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.