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Upturn AI SWOT - About
WES 
Western Midstream Partners LP (WES)
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Upturn Advisory Summary
02/20/2025: WES (3-star) is a STRONG-BUY. BUY since 56 days. Profits (7.32%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 4.7% | Avg. Invested days 47 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/20/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 15.65B USD | Price to earnings Ratio 10.21 | 1Y Target Price 40.83 |
Price to earnings Ratio 10.21 | 1Y Target Price 40.83 | ||
Volume (30-day avg) 1332105 | Beta 2.82 | 52 Weeks Range 30.71 - 42.41 | Updated Date 04/2/2025 |
52 Weeks Range 30.71 - 42.41 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 8.53% | Basic EPS (TTM) 4.02 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 42.63% | Operating Margin (TTM) 43.11% |
Management Effectiveness
Return on Assets (TTM) 7.65% | Return on Equity (TTM) 50.32% |
Valuation
Trailing PE 10.21 | Forward PE 11.48 | Enterprise Value 22525025771 | Price to Sales(TTM) 4.34 |
Enterprise Value 22525025771 | Price to Sales(TTM) 4.34 | ||
Enterprise Value to Revenue 6.25 | Enterprise Value to EBITDA 8.52 | Shares Outstanding 381320992 | Shares Floating 214325358 |
Shares Outstanding 381320992 | Shares Floating 214325358 | ||
Percent Insiders 0.32 | Percent Institutions 84.87 |
Analyst Ratings
Rating 3.2 | Target Price 40.28 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 9 | Sell 1 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Western Midstream Partners LP
Company Overview
History and Background
Western Midstream Partners, LP (WES) was formed in 2007 by Anadarko Petroleum Corporation (later acquired by Occidental Petroleum). It focuses on gathering, processing, treating, compressing, and transporting natural gas, condensate, NGLs, and crude oil. The company's growth has been driven by strategic acquisitions and organic projects.
Core Business Areas
- Gathering: Gathers natural gas, condensate, NGLs, and crude oil from wellheads.
- Processing: Processes natural gas to remove impurities and separate valuable components like NGLs.
- Transportation: Transports natural gas, condensate, NGLs, and crude oil through pipelines.
- Treating and Compression: Treats natural gas to meet pipeline specifications and compresses it for transportation.
Leadership and Structure
Michael Ure is the CEO. The organizational structure is typical of a Master Limited Partnership (MLP), with a general partner responsible for day-to-day operations and limited partners owning equity.
Top Products and Market Share
Key Offerings
- Natural Gas Gathering: Gathers natural gas from production wells. Market share data is difficult to pinpoint specifically for WES's gathering operations but they are in direct competition with Kinder Morgan, Enterprise Products Partners and MPLX. Revenues are dictated through volumetric and percentage of proceeds contracts.
- Natural Gas Processing: Processes raw natural gas to remove impurities and extract NGLs. The company's processing facilities are located in key shale plays. Competitors include Energy Transfer Partners, Targa Resources, and DCP Midstream. Revenues are dictated through volumetric and percentage of proceeds contracts.
- Natural Gas Transportation: Transports processed natural gas to market centers. Competitors include Kinder Morgan, Williams Companies, and MPLX. Revenues are typically generated through regulated tariffs or long-term transportation agreements.
Market Dynamics
Industry Overview
The midstream energy sector is driven by upstream oil and gas production. Demand for midstream services is influenced by production levels, commodity prices, and infrastructure development. The industry is evolving with a greater focus on sustainable operations and emissions reduction.
Positioning
Western Midstream Partners LP is strategically positioned in prolific basins, providing essential midstream services to producers. Its competitive advantages include its integrated asset base, long-term contracts, and operational expertise.
Total Addressable Market (TAM)
The global midstream oil and gas market is estimated at hundreds of billions of dollars. WES is well-positioned to capture a share of this market by providing services to producers and connecting supply with demand. Western Midstream Partners LP market capitalization is $12.79 Billion as of today.
Upturn SWOT Analysis
Strengths
- Strategic asset locations in prolific basins
- Integrated service offerings
- Long-term contracts with producers
- Operational expertise
- Strong financial position
Weaknesses
- Exposure to commodity price fluctuations
- Dependence on producer activity
- Regulatory risks
- Limited diversification outside of midstream
- MLP structure complexities
Opportunities
- Expansion into new basins
- Acquisitions of complementary assets
- Development of renewable energy infrastructure
- Increased demand for natural gas
- Investments in efficiency improvements
Threats
- Decline in oil and gas production
- Increased competition
- Changes in regulations
- Economic downturns
- Environmental concerns
Competitors and Market Share
Key Competitors
- KMI
- ET
- MPLX
- TRGP
- DCP
Competitive Landscape
Western Midstream faces competition from other midstream companies with similar assets and services. Competitive advantages include strategic asset locations, operational efficiency, and long-term relationships with producers.
Major Acquisitions
Merit Energy Company
- Year: 2019
- Acquisition Price (USD millions): 3050
- Strategic Rationale: Expanded WES's presence in the Delaware Basin.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by organic projects, acquisitions, and increased throughput volumes.
Future Projections: Future growth projections depend on analyst estimates for oil and gas production, commodity prices, and WES's ability to capture market share. Analysts generally provide estimates for revenue, earnings, and cash flow.
Recent Initiatives: Recent initiatives include investments in new infrastructure, optimization of existing assets, and cost reduction efforts.
Summary
Western Midstream is a midstream company with a strategic asset base in key shale plays. While exposed to commodity price fluctuations and dependent on producer activity, the company benefits from long-term contracts and operational expertise. They need to look out for increased competition and regulatory changes to remain competitive. Recent investments in infrastructure and acquisitions position WES for future growth.
Similar Companies
- KMI
- ET
- MPLX
- TRGP
- DCP
- OXY
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Analyst reports
- Industry publications
- Company Press Releases
Disclaimers:
This analysis is based on available information and estimates. Actual results may vary. Investment decisions should be based on individual risk tolerance and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Western Midstream Partners LP
Exchange NYSE | Headquaters The Woodlands, TX, United States | ||
IPO Launch date 2008-05-09 | President, CEO & Director - Western Midstream Holdings LLC Mr. Oscar K. Brown | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 1511 | Website https://www.westernmidstream.com |
Full time employees 1511 | Website https://www.westernmidstream.com | ||
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting of natural gas; gathering, stabilizing, and transporting of condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, and the Rocky Mountains. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
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