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Western Midstream Partners, LP (WES)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US9586691035

CUSIP

958669103

Sector

Energy

IPO Date

May 9, 2008

Highlights

Market Cap

$14.58B

EPS (TTM)

$3.91

PE Ratio

9.80

PEG Ratio

5.48

Total Revenue (TTM)

$3.53B

Gross Profit (TTM)

$2.06B

EBITDA (TTM)

$2.18B

Year Range

$24.52 - $40.91

Target Price

$39.98

Short %

2.90%

Short Ratio

5.78

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
WES vs. HESM WES vs. AM WES vs. MPLX WES vs. ET WES vs. PAA WES vs. EPD WES vs. PDI WES vs. ABBV WES vs. VOO WES vs. NEP
Popular comparisons:
WES vs. HESM WES vs. AM WES vs. MPLX WES vs. ET WES vs. PAA WES vs. EPD WES vs. PDI WES vs. ABBV WES vs. VOO WES vs. NEP

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Western Midstream Partners, LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
206.76%
326.44%
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

Returns By Period

Western Midstream Partners, LP had a return of 48.77% year-to-date (YTD) and 45.73% in the last 12 months. Over the past 10 years, Western Midstream Partners, LP had an annualized return of 2.85%, while the S&P 500 had an annualized return of 11.32%, indicating that Western Midstream Partners, LP did not perform as well as the benchmark.


WES

YTD

48.77%

1M

8.53%

6M

13.72%

1Y

45.73%

5Y (annualized)

28.59%

10Y (annualized)

2.85%

^GSPC (Benchmark)

YTD

26.78%

1M

5.56%

6M

14.46%

1Y

31.61%

5Y (annualized)

14.25%

10Y (annualized)

11.32%

Monthly Returns

The table below presents the monthly returns of WES, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.11%16.43%6.28%-1.69%9.44%6.46%3.00%-3.66%-0.83%-1.39%10.46%48.77%
20232.49%-3.74%1.38%3.64%-4.65%5.07%8.78%-5.59%2.02%0.66%11.14%-1.88%19.46%
20228.52%9.23%-3.15%-2.12%14.30%-12.08%12.24%4.93%-10.49%16.13%-2.54%-4.04%29.29%
20218.81%12.90%11.79%7.31%1.73%7.21%-5.18%-1.25%6.18%2.90%-9.51%15.81%72.31%
2020-12.87%-21.14%-75.19%177.85%7.61%7.49%-7.44%0.78%-11.80%5.80%58.28%7.13%-19.13%
201915.97%5.99%-6.28%2.58%-7.57%5.41%-10.45%-14.67%8.03%-12.14%-16.60%11.05%-22.65%
20187.82%-7.92%-9.01%2.32%10.14%-2.59%4.47%-7.91%-11.58%-1.95%0.76%-4.31%-20.24%
20177.02%2.18%0.54%0.42%-5.24%-0.85%-0.49%-4.12%1.60%-3.96%-8.49%4.09%-8.01%
2016-24.39%9.10%20.81%14.46%4.14%-9.04%-1.20%-1.31%15.24%1.33%0.75%-1.37%22.25%
2015-3.22%7.88%-4.06%8.90%-1.45%-6.32%-1.61%-9.48%-25.74%10.41%-3.27%-13.02%-38.13%
20144.79%4.40%14.26%0.15%6.19%20.67%-9.63%6.29%1.65%1.77%1.75%-4.09%55.56%
201312.84%0.62%0.61%4.56%5.26%10.02%-3.97%0.10%-5.56%1.96%14.56%-8.54%34.15%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of WES is 86, placing it in the top 14% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of WES is 8686
Overall Rank
The Sharpe Ratio Rank of WES is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of WES is 8686
Sortino Ratio Rank
The Omega Ratio Rank of WES is 8282
Omega Ratio Rank
The Calmar Ratio Rank of WES is 8989
Calmar Ratio Rank
The Martin Ratio Rank of WES is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Western Midstream Partners, LP (WES) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for WES, currently valued at 1.80, compared to the broader market-4.00-2.000.002.004.001.802.64
The chart of Sortino ratio for WES, currently valued at 2.66, compared to the broader market-4.00-2.000.002.004.002.663.52
The chart of Omega ratio for WES, currently valued at 1.32, compared to the broader market0.501.001.502.001.321.49
The chart of Calmar ratio for WES, currently valued at 2.13, compared to the broader market0.002.004.006.002.133.82
The chart of Martin ratio for WES, currently valued at 8.48, compared to the broader market-10.000.0010.0020.0030.008.4816.94
WES
^GSPC

The current Western Midstream Partners, LP Sharpe ratio is 1.80. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Western Midstream Partners, LP with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.80
2.64
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

Dividends

Dividend History

Western Midstream Partners, LP provided a 8.04% dividend yield over the last twelve months, with an annual payout of $3.20 per share. The company has been increasing its dividends for 2 consecutive years.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$3.20$2.49$1.83$1.27$1.56$2.45$2.29$2.02$1.71$1.40$1.04$0.63

Dividend yield

8.04%8.52%6.80%5.69%11.25%12.45%8.25%5.44%4.04%3.86%1.73%1.59%

Monthly Dividends

The table displays the monthly dividend distributions for Western Midstream Partners, LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.58$0.00$0.00$0.88$0.00$0.00$0.00$0.88$0.00$0.00$0.88$0.00$3.20
2023$0.50$0.00$0.00$0.86$0.00$0.00$0.56$0.00$0.00$0.58$0.00$0.00$2.49
2022$0.33$0.00$0.00$0.50$0.00$0.00$0.50$0.00$0.00$0.50$0.00$0.00$1.83
2021$0.31$0.00$0.00$0.32$0.00$0.00$0.32$0.00$0.00$0.32$0.00$0.00$1.27
2020$0.62$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$1.56
2019$0.60$0.00$0.00$0.61$0.00$0.00$0.62$0.00$0.00$0.62$0.00$0.00$2.45
2018$0.54$0.00$0.00$0.00$0.57$0.00$0.58$0.00$0.00$0.60$0.00$0.00$2.29
2017$0.46$0.00$0.00$0.49$0.00$0.00$0.53$0.00$0.00$0.00$0.54$0.00$2.02
2016$0.40$0.00$0.00$0.42$0.00$0.00$0.43$0.00$0.00$0.45$0.00$0.00$1.71
2015$0.31$0.00$0.00$0.34$0.00$0.00$0.36$0.00$0.00$0.38$0.00$0.00$1.40
2014$0.23$0.00$0.00$0.25$0.00$0.00$0.27$0.00$0.00$0.29$0.00$0.00$1.04
2013$0.04$0.00$0.00$0.18$0.00$0.00$0.20$0.00$0.00$0.21$0.00$0.00$0.63

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%8.0%
Western Midstream Partners, LP has a dividend yield of 8.04%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%81.6%
Western Midstream Partners, LP has a payout ratio of 81.63%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.54%
0
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Western Midstream Partners, LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Western Midstream Partners, LP was 93.66%, occurring on Apr 2, 2020. Recovery took 981 trading sessions.

The current Western Midstream Partners, LP drawdown is 2.54%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.66%May 11, 20151234Apr 2, 2020981Feb 27, 20242215
-18.52%Nov 20, 201436Jan 13, 201573Apr 29, 2015109
-16.42%Jul 16, 201361Oct 9, 201333Nov 25, 201394
-15.72%Jul 1, 201474Oct 14, 201411Oct 29, 201485
-12.73%Dec 2, 201328Jan 10, 201433Feb 28, 201461

Volatility

Volatility Chart

The current Western Midstream Partners, LP volatility is 8.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.77%
3.39%
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Western Midstream Partners, LP over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Western Midstream Partners, LP compared to its peers in the Oil & Gas Midstream industry.


PE Ratio
20.040.060.09.8
The chart displays the price to earnings (P/E) ratio for WES in comparison to other companies of the Oil & Gas Midstream industry. Currently, WES has a PE value of 9.8. This PE ratio falls in the average range for the industry.
PEG Ratio
-100.0-80.0-60.0-40.0-20.00.020.05.5
The chart displays the price to earnings to growth (PEG) ratio for WES in comparison to other companies of the Oil & Gas Midstream industry. Currently, WES has a PEG value of 5.5. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Western Midstream Partners, LP.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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