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

WES POWR Grades

• Quality is the dimension where WES ranks best; there it ranks ahead of 97.33% of US stocks.
• WES's strongest trending metric is Quality; it's been moving up over the last 178 days.
• WES ranks lowest in Sentiment; there it ranks in the 22nd 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; merely 10.08% of US stocks have a lower such ratio.
• For WES, its debt to operating expenses ratio is greater than that reported by 89.57% of US equities we're observing.
• The volatility of WESTERN MIDSTREAM PARTNERS LP's share price is greater than that of only 8.16% US stocks with at least 200 days of trading history.
• Stocks with similar financial metrics, market capitalization, and price volatility to WESTERN MIDSTREAM PARTNERS LP are REG, RIG, PAA, SITC, and MDRR.
• WES's SEC filings can be seen here. And to visit WESTERN MIDSTREAM PARTNERS LP's official web site, go to www.westernmidstream.com.

WES Valuation Summary

• WES's price/sales ratio is 3.2; this is 146.15% higher than that of the median Energy stock.
• Over the past 121 months, WES's EV/EBIT ratio has gone down 29.3.

Below are key valuation metrics over time for WES.

WES Growth Metrics

Its 4 year net cashflow from operations growth rate is now at 50.52%.
• Its 3 year net cashflow from operations growth rate is now at 59.25%.
• Its 5 year net cashflow from operations growth rate is now at 50.52%.

Over the past 33 months, WES's revenue has gone up $445,320,000.

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
2022-09-30	3,191.494	1,874.065	1,099.171
2022-06-30	3,117.766	1,796.63	1,089.868
2022-03-31	2,960.478	1,781.76	1,016.613
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

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.