Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company 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. The company also buys and sells natural gas, NGLs, and condensate. It 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.
Metrics to compare | WES | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipWESPeersSector | |
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P/E Ratio | 10.2x | 19.0x | 4.7x | |
PEG Ratio | 0.23 | 0.51 | 0.00 | |
Price / Book | 4.7x | 2.1x | 1.1x | |
Price / LTM Sales | 4.3x | 0.8x | 1.2x | |
Upside (Analyst Target) | −0.9% | 5.4% | 30.3% | |
Fair Value Upside | Unlock | −4.3% | 9.5% | Unlock |