Western Midstream Partners LP
NYSE:WES

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Western Midstream Partners LP
NYSE:WES
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Price: 39.07 USD 1.85% Market Closed
Market Cap: 14.9B USD
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Western Midstream Partners LP
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Western Midstream Partners LP
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Western Midstream Partners LP
NYSE:WES
Tax Provision
-$19.1m
CAGR 3-Years
-42%
CAGR 5-Years
12%
CAGR 10-Years
-8%
Energy Transfer LP
NYSE:ET
Tax Provision
-$452m
CAGR 3-Years
-14%
CAGR 5-Years
-16%
CAGR 10-Years
-7%
ONEOK Inc
NYSE:OKE
Tax Provision
-$892m
CAGR 3-Years
-26%
CAGR 5-Years
-19%
CAGR 10-Years
-21%
Williams Companies Inc
NYSE:WMB
Tax Provision
-$919m
CAGR 3-Years
-36%
CAGR 5-Years
-61%
CAGR 10-Years
3%
Enterprise Products Partners LP
NYSE:EPD
Tax Provision
-$54m
CAGR 3-Years
9%
CAGR 5-Years
3%
CAGR 10-Years
-5%
Kinder Morgan Inc
NYSE:KMI
Tax Provision
-$696m
CAGR 3-Years
-18%
CAGR 5-Years
1%
CAGR 10-Years
0%
No Stocks Found

Western Midstream Partners LP
Glance View

Market Cap
14.9B USD
Industry
Energy
Economic Moat
Narrow

Western Midstream Partners LP is a master limited partnership with roots deeply embedded in the midstream energy sector. It emerged onto the scene in 2008, initially as a subsidiary of the oil giant Anadarko Petroleum, with a focus on providing essential infrastructure services that connect energy producers with end-users. Western Midstream's main business revolves around gathering, processing, and transporting natural gas, natural gas liquids (NGLs), and crude oil, largely gathered from prolific producing regions like the Permian and Delaware Basins. Its operations are crucial for the smooth transit and transformation of energy resources from the point of production to the market, handling everything from reliable transportation through pipelines to the necessary processing that brings raw energy to a usable state. The company's financial engine is fueled by long-term, fee-based contracts that provide a steady and predictable revenue stream. This business model is resilient to the often-volatile swings in commodity prices, as Western Midstream primarily earns by charging for the services associated with moving and processing energy products rather than selling the commodities themselves. Additionally, through strategic investments and asset acquisitions, Western Midstream has expanded its capabilities and geographical footprint, ensuring its infrastructure remains integral to the energy supply chain. These moves not only enhance its service portfolio but also help in cementing long-term relationships with key producers, further entrenching Western Midstream's role as a pivotal player in the North American energy landscape.

WES Intrinsic Value
47.92 USD
Undervaluation 18%
Intrinsic Value
Price

See Also

What is Western Midstream Partners LP's Tax Provision?
Tax Provision
-19.1m USD

Based on the financial report for Sep 30, 2024, Western Midstream Partners LP's Tax Provision amounts to -19.1m USD.

What is Western Midstream Partners LP's Tax Provision growth rate?
Tax Provision CAGR 10Y
-8%

Over the last year, the Tax Provision growth was -445%. The average annual Tax Provision growth rates for Western Midstream Partners LP have been -42% over the past three years , 12% over the past five years , and -8% over the past ten years .

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