Company Analysis Western Midstream Partners, LP
1. Summary
Advantages
- Dividends (8.09%) are higher than the sector average (4.13%).
- The stock's return over the last year (42.09%) is higher than the sector average (-47.97%).
- Current debt level 63.21% is below 100% and has decreased over 5 years from 64.37%.
- The company's current efficiency (ROE=35.28%) is higher than the sector average (ROE=15.66%)
Disadvantages
- Price (39.87 $) is higher than fair price (33.5 $)
Similar companies
2. Share price and performance
2.1. Share price
2.2. News
2.3. Market efficiency
| Western Midstream Partners, LP | Energy | Index | |
|---|---|---|---|
| 7 days | -1.4% | -1% | -2.1% |
| 90 days | 5.5% | -39.6% | -0.2% |
| 1 year | 42.1% | -48% | 17.4% |
WES vs Sector: Western Midstream Partners, LP has outperformed the "Energy" sector by 90.06% over the past year.
WES vs Market: Western Midstream Partners, LP has outperformed the market by 24.66% over the past year.
Stable price: WES is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.
Long period: WES with weekly volatility of 0.8094% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (39.87 $) is higher than the fair price (33.5 $).
Price is higher than fair: The current price (39.87 $) is 16% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (10.44) is lower than that of the sector as a whole (13.92).
P/E vs Market: The company's P/E (10.44) is lower than that of the market as a whole (70.26).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (3.52) is higher than that of the sector as a whole (1.71).
P/BV vs Market: The company's P/BV (3.52) is lower than that of the market as a whole (22.61).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (3.44) is higher than that of the sector as a whole (2.36).
P/S vs Market: The company's P/S indicator (3.44) is lower than that of the market as a whole (15.24).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (9.71) is higher than that of the sector as a whole (7.61).
EV/Ebitda vs Market: The company's EV/Ebitda (9.71) is lower than that of the market as a whole (24.37).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Rising and has grown by 18.79% over the last 5 years.
Earnings Slowdown: The last year's return (0%) is below the 5-year average return (18.79%).
Profitability vs Sector: The return for the last year (0%) is lower than the return for the sector (2826.99%).
5.4. ROE
ROE vs Sector: The company's ROE (35.28%) is higher than that of the sector as a whole (15.66%).
ROE vs Market: The company's ROE (35.28%) is higher than that of the market as a whole (18.07%).
5.5. ROA
ROA vs Sector: The company's ROA (8.2%) is lower than that of the sector as a whole (8.86%).
ROA vs Market: The company's ROA (8.2%) is higher than that of the market as a whole (6.49%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (12.11%) is higher than that of the sector as a whole (10.18%).
ROIC vs Market: The company's ROIC (12.11%) is higher than that of the market as a whole (9.31%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 8.09% is higher than the average for the sector '4.13%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 8.09% has been steadily paid over the past 7 years, DSI=0.86.
Weak dividend growth: The company's dividend yield 8.09% has been growing weakly or stagnant over the past 5 years. Growth over only 2 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (95.72%) are at an uncomfortable level.
8. Insider trades
8.1. Insider trading
Insider Buying Exceeds insider sales by 100% over the last 3 months.
8.2. Latest transactions
| Transaction date | Insider | Type | Price | Volume | Quantity |
|---|---|---|---|---|---|
| 14.08.2024 | OCCIDENTAL PETROLEUM CORP /DE/ 10% Owner |
Sale | 35.75 | 697 125 000 | 19 500 000 |
| 15.05.2024 | Bourne Robert W. SVP & Chief Commercial Officer |
Purchase | 37.25 | 50 437 | 1 354 |
| 13.02.2024 | Ure Michael President & CEO |
Purchase | 28.09 | 10 007 900 | 356 281 |
| 13.02.2024 | Bourne Robert W. SVP & Chief Commercial Officer |
Purchase | 28.09 | 2 001 580 | 71 256 |
| 13.02.2024 | Dial Christopher B. SVP, GC and Secretary |
Purchase | 28.09 | 2 430 600 | 86 529 |
Pay for your subscription
More functionality and data for company and portfolio analysis is available by subscription
