The upcoming earnings report for WES is set for Tuesday, May 5th, with a consensus estimate EPS of $0.74.
Today, WES is trading at $41.82, up by 60 cents (1.46%) from the previous close. The trading volume is $165,569, representing an 11% increase over the average.
In the latest earnings report on Tuesday, February 17th, WES reported an EPS of $0.91. The company's revenue and profit margin figures are to be revealed on the upcoming earnings date.
With a forward dividend yield of 8.9%, WES distributes dividends of 91 cents per share MRQ, reflecting a slight decrease year over year.
WES shows strong cash flow metrics with a free cash flow of $340.83 million and a net change in cash of $642.20 million.
The company reported a revenue of $1 billion, generating a gross profit of $509.61 million. The net income stands at $187.18 million, resulting in an EPS of 47 cents.
Key ratios for WES include a net profit margin of 18.15%, return on equity of 4.65%, and a price-to-earnings ratio of 21.13.
WES showcases a healthy financial position with total assets of $15.00 billion and total liabilities of $10.84 billion, indicating a strong balance sheet.
This comprehensive overview provides insight into WES's financial performance and upcoming earnings, reflecting its stability and potential for investors.
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.