Obermatt

Western Midstream Partners

NYQ:WES · US9586691035
Oil, Gas & Consumable FuelsLarge

360

96
EV / EBIT62
Price / Owner Earnings49
Owner Earnings Yield74
Dividend Yield95
Price/Sales14
EV / Gross Profit51
Price/Book3
Return on Capital85
Cash Return on Capital80
Return on Equity94
EBIT Margin90
Gross Profitability78
Cash Conversion47
Accruals47
Owner Earnings Margin88
Sales growth44
Profit Growth63
Long-Term EPS Growth76
Owner Earnings Growth43
Reinvestment76
Price momentum42
Debt load14
Refinancing65
Debt Payback66
Liquidity49
Analyst ratings16
Opinion Changes35
Price Target Upside19
Market mood75
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Western Midstream Partners generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryOil, Gas & Consumable Fuels
SizeLarge
TypePublic Company
ExchangeNYSE
Founded2007
Employees844
ISINUS9586691035
Last UpdateApr 2, 2026
Index & Theme
Freight ServiceDisposal and RecyclingNatural ResourcesTransportation

Description

Western Midstream Partners, LP, together with its subsidiaries, engages in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, NGLs, and crude oil; and gathe…

Analysis

Quality compounder

Western Midstream Partners, LP is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is fair. You pay 15.2× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 3% yearly growth; analysts expect 7%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 14/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
23
2023202420252026

All-time high

54

Jan 2024

All-time low

11

Jan 2025

Average rank

24

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
14
10
14
12
Price/Earnings
50
55
64
58
Price/Book
3
6
10
26
Dividend Yield
95
100
92
85
Value (overall)
25
31
39
30

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →