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 95.19% of US stocks.
• WES's strongest trending metric is Quality; it's been moving down over the last 26 weeks.
• WES ranks lowest in Sentiment; there it ranks in the 30th 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; only 8.94% 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 88.85% of US stocks.
• In terms of volatility of its share price, WES is more volatile than merely 1.22% of stocks we're observing.
• Stocks with similar financial metrics, market capitalization, and price volatility to WESTERN MIDSTREAM PARTNERS LP are PAA, REG, CUBE, HST, and FR.
• 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 166.67% higher, now standing at 3.6.
• WES's price/sales ratio has moved down 3.4 over the prior 134 months.

Below are key valuation metrics over time for WES.

WES Growth Metrics

Its 2 year net cashflow from operations growth rate is now at 29.64%.
• Its 5 year revenue growth rate is now at 47.04%.
• Its 3 year revenue growth rate is now at 36.21%.

WES's revenue has moved up $1,314,399,000 over the prior 70 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
2022-12-31	3,251.721	1,701.426	1,189.562
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

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.