The company is set to announce its latest quarterly earnings on Tuesday, May 5th, with a consensus estimate EPS of $0.74.
Western Midstream Partners, LP (WES) is currently priced at $41.81, showing a price increase of 59 cents (1.43%) from the previous close. The trading volume is $342,638, which is 22.74% higher than the average.
In the last quarterly report on Tuesday, February 17th, the company reported an EPS of 47 cents, lower than the consensus estimate of 91 cents.
The company offers a forward dividend yield of 8.9%, with a dividend per share of 91 cents MRQ and a total of $3.66 TTM.
Western Midstream Partners, LP generated a free cash flow of $340.83 million, with a net change in cash of $642.20 million.
The company recorded a revenue of $1 billion, resulting in a net income of $187.18 million and an EPS of 47 cents.
Key ratios include a net profit margin of 18.15%, return on equity of 4.65%, and a price-to-earnings ratio of 21.13.
With total assets of $15.00 billion and total liabilities of $10.84 billion, the company maintains a strong financial position.
This report provides a snapshot of Western Midstream Partners, LP's financial performance, highlighting key metrics and trends for investors to consider.
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. 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.