Western Midstream Partners L.P. (WES): Price and Financial Metrics

WES POWR Grades

• WES scores best on the Momentum dimension, with a Momentum rank ahead of 96.24% of US stocks.
• The strongest trend for WES is in Growth, which has been heading up over the past 179 days.
• WES's current lowest rank is in the Growth metric (where it is better than 26.54% of US stocks).

WES Stock Summary

• Of note is the ratio of Western Midstream Partners LP's sales and general administrative expense to its total operating expenses; merely 9.85% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Western Midstream Partners LP is higher than it is for about 88.5% of US stocks.
• Western Midstream Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 16.93%, greater than the shareholder yield of 89.94% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to Western Midstream Partners LP, a group of peers worth examining would be MPLN, RIG, BRX, OHI, and PK.
• Visit WES's SEC page to see the company's official filings. To visit the company's web site, go to www.westernmidstream.com.

WES Valuation Summary

• In comparison to the median Energy stock, WES's price/sales ratio is 106.67% higher, now standing at 3.1.
• WES's price/earnings ratio has moved down 67.2 over the prior 106 months.
• Over the past 106 months, WES's price/sales ratio has gone down 3.9.

Below are key valuation metrics over time for WES.

WES Growth Metrics

Its 5 year net cashflow from operations growth rate is now at 83.93%.
• The 3 year price growth rate now stands at -21.2%.
• The year over year net cashflow from operations growth rate now stands at 9.56%.

Over the past 34 months, WES's revenue has gone up $703,768,000.

The table below shows WES's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	2,877.155	1,766.852	896.477
2021-09-30	2,805.425	1,610.519	916.54
2021-06-30	2,720.629	1,612.08	907.821
2021-03-31	2,673.253	1,505.657	949.102
2020-12-31	2,772.592	1,637.418	515.908
2020-09-30	2,848.322	1,429.308	539.792

WES's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• WES has a Quality Grade of B, ranking ahead of 91.65% of graded US stocks.
• WES's asset turnover comes in at 0.234 -- ranking 41st of 105 Utilities stocks.
• ARTNA, SLNG, and KEN are the stocks whose asset turnover ratios are most correlated with WES.

The table below shows WES's key quality metrics over time.