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

Company Info

ISINUS9586691035
CUSIP958669103
SectorEnergy
IndustryOil & Gas Midstream

Highlights

Market Cap$13.79B
EPS$3.55
PE Ratio10.21
PEG Ratio5.48
Revenue (TTM)$3.26B
Gross Profit (TTM)$2.18B
EBITDA (TTM)$2.02B
Year Range$22.99 - $36.67
Target Price$35.08
Short %3.67%
Short Ratio7.67

Share Price Chart


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Compare to other instruments

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Western Midstream Partners, LP

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


100.00%150.00%200.00%250.00%December2024FebruaryMarchAprilMay
173.96%
273.54%
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

S&P 500

Returns By Period

Western Midstream Partners, LP had a return of 33.93% year-to-date (YTD) and 58.40% in the last 12 months. Over the past 10 years, Western Midstream Partners, LP had an annualized return of 3.77%, while the S&P 500 had an annualized return of 10.90%, indicating that Western Midstream Partners, LP did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date33.93%11.05%
1 month12.88%4.86%
6 months41.06%17.50%
1 year58.40%27.37%
5 years (annualized)14.20%13.14%
10 years (annualized)3.77%10.90%

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%33.93%
20232.47%-3.74%1.38%3.64%-4.65%5.07%8.78%-5.59%2.02%0.66%11.14%-1.88%19.43%
20228.50%9.23%-3.15%-2.15%14.30%-12.08%12.21%4.93%-10.49%16.11%-2.54%-4.04%29.17%
20218.78%12.90%11.79%7.29%1.73%7.21%-5.20%-1.25%6.18%2.88%-9.51%15.81%72.16%
2020-12.91%-21.14%-75.19%177.71%7.60%7.50%-7.48%0.78%-11.80%5.75%58.28%7.13%-19.29%
201915.94%5.99%-6.28%2.56%-7.57%5.41%-10.47%-14.67%8.03%-12.17%-16.60%11.05%-22.74%
20187.82%-7.92%-9.01%2.32%10.12%-2.59%4.45%-7.91%-11.58%-1.97%0.77%-4.31%-20.30%
20177.00%2.18%0.54%0.40%-5.24%-0.85%-0.51%-4.12%1.60%-3.96%-8.51%4.09%-8.07%
2016-24.41%9.10%20.81%14.45%4.14%-9.04%-1.22%-1.31%15.24%1.32%0.75%-1.37%22.17%
2015-3.23%7.88%-4.06%8.89%-1.45%-6.32%-1.62%-9.48%-25.74%10.39%-3.27%-13.02%-38.15%
20144.78%4.40%14.26%0.14%6.19%20.67%-9.63%6.29%1.65%1.76%1.75%-4.09%55.52%
201312.84%0.62%0.61%4.55%5.26%10.02%-3.97%0.10%-5.56%1.95%14.56%-8.54%34.12%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of WES is 94, placing it in the top 6% 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 9494
WES (Western Midstream Partners, LP)
The Sharpe Ratio Rank of WES is 9595Sharpe Ratio Rank
The Sortino Ratio Rank of WES is 9595Sortino Ratio Rank
The Omega Ratio Rank of WES is 9292Omega Ratio Rank
The Calmar Ratio Rank of WES is 9090Calmar Ratio Rank
The Martin Ratio Rank of WES is 9696Martin 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.


WES
Sharpe ratio
The chart of Sharpe ratio for WES, currently valued at 2.47, compared to the broader market-2.00-1.000.001.002.003.004.002.47
Sortino ratio
The chart of Sortino ratio for WES, currently valued at 3.89, compared to the broader market-4.00-2.000.002.004.006.003.89
Omega ratio
The chart of Omega ratio for WES, currently valued at 1.45, compared to the broader market0.501.001.502.001.45
Calmar ratio
The chart of Calmar ratio for WES, currently valued at 1.92, compared to the broader market0.002.004.006.001.92
Martin ratio
The chart of Martin ratio for WES, currently valued at 16.11, compared to the broader market-10.000.0010.0020.0030.0016.11
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.49, compared to the broader market-2.00-1.000.001.002.003.004.002.49
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.52, compared to the broader market-4.00-2.000.002.004.006.003.52
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.501.001.502.001.43
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.03, compared to the broader market0.002.004.006.002.03
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.57, compared to the broader market-10.000.0010.0020.0030.009.57

Sharpe Ratio

The current Western Midstream Partners, LP Sharpe ratio is 2.47. This value is calculated based on the past 12 months 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 Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
2.47
2.49
WES (Western Midstream Partners, LP)
Benchmark (^GSPC)

Dividends

Dividend History

Western Midstream Partners, LP granted a 6.90% dividend yield in the last twelve months. The annual payout for that period amounted to $2.59 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.59$2.49$1.80$1.25$1.53$2.42$2.27$1.99$1.69$1.38$1.03$0.62

Dividend yield

6.90%8.50%6.72%5.62%11.10%12.28%8.17%5.36%3.98%3.81%1.71%1.56%

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$1.45
2023$0.49$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$0.32$0.00$0.00$0.49$0.00$0.00$0.49$0.00$0.00$0.49$0.00$0.00$1.80
2021$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.32$0.00$0.00$1.25
2020$0.61$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$1.53
2019$0.59$0.00$0.00$0.60$0.00$0.00$0.61$0.00$0.00$0.61$0.00$0.00$2.42
2018$0.54$0.00$0.00$0.00$0.56$0.00$0.57$0.00$0.00$0.59$0.00$0.00$2.27
2017$0.46$0.00$0.00$0.48$0.00$0.00$0.52$0.00$0.00$0.00$0.53$0.00$1.99
2016$0.40$0.00$0.00$0.42$0.00$0.00$0.43$0.00$0.00$0.44$0.00$0.00$1.69
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$1.38
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$1.03
2013$0.04$0.00$0.00$0.18$0.00$0.00$0.19$0.00$0.00$0.21$0.00$0.00$0.62

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%6.9%
Western Midstream Partners, LP has a dividend yield of 6.90%, which means its dividend payment is significantly above the market average.
Payout Ratio
20.0%40.0%60.0%80.0%100.0%120.0%72.9%
Western Midstream Partners, LP has a payout ratio of 72.89%, 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.


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-1.24%
-0.21%
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 93.69%, occurring on Apr 2, 2020. Recovery took 984 trading sessions.

The current Western Midstream Partners, LP drawdown is 1.24%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.69%May 11, 20151234Apr 2, 2020984Mar 1, 20242218
-18.52%Nov 20, 201436Jan 13, 201573Apr 29, 2015109
-16.43%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 6.12%, 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%12.00%14.00%December2024FebruaryMarchAprilMay
6.12%
3.40%
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.

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Income Statement


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EBIT

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Other Non-Operating Income (Expenses)

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Values in undefined except per share items