Western Midstream Partners, LP Common Limited Partner Interests (WES): Price and Financial Metrics

WES POWR Grades

• WES scores best on the Quality dimension, with a Quality rank ahead of 91.92% of US stocks.
• The strongest trend for WES is in Momentum, which has been heading up over the past 47 weeks.
• WES ranks lowest in Growth; there it ranks in the 7th percentile.

WES Stock Summary

• Of note is the ratio of Western Midstream Partners LP's sales and general administrative expense to its total operating expenses; just 9.36% of US stocks have a lower such ratio.
• For WES, its debt to operating expenses ratio is greater than that reported by 89.85% of US equities we're observing.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for WES comes in at 13.99% -- higher than that of 84.45% of stocks in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to Western Midstream Partners LP are BRX, RIG, DAC, CMRE, and CUBE.
• 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 3 year price growth rate is now at -21.2%.
• The year over year net income to common stockholders growth rate now stands at 195.32%.
• The 5 year net income to common stockholders growth rate now stands at 84.64%.

WES's revenue has moved up $707,732,000 over the prior 33 months.

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
2021-06-30	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
2020-06-30	2,835.305	1,376.568	419.53
2020-03-31	2,848.604	1,374.338	321.385

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 91.92% of graded US stocks.
• WES's asset turnover comes in at 0.234 -- ranking 42nd of 105 Utilities stocks.
• CQP, ARTNA, and SLNG are the stocks whose asset turnover ratios are most correlated with WES.

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