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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Gross Margin
Western Midstream Partners LP

95.1%
Current
91%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
95.1%
=
Gross Profit
3.4B
/
Revenue
3.5B

Gross Margin Across Competitors

Country US
Market Cap 14.9B USD
Gross Margin
95%
Country CA
Market Cap 130.8B CAD
Gross Margin
49%
Country US
Market Cap 67.2B USD
Gross Margin
20%
Country US
Market Cap 65.9B USD
Gross Margin
82%
Country US
Market Cap 65.2B USD
Gross Margin
24%
Country US
Market Cap 60.1B USD
Gross Margin
51%
Country US
Market Cap 59B USD
Gross Margin
39%
Country US
Market Cap 48.8B USD
Gross Margin
60%
Country CA
Market Cap 68.9B CAD
Gross Margin
68%
Country US
Market Cap 47.2B USD
Gross Margin
56%
Country US
Market Cap 38.9B USD
Gross Margin
34%
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

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
95.1%
=
Gross Profit
3.4B
/
Revenue
3.5B
What is the Gross Margin of Western Midstream Partners LP?

Based on Western Midstream Partners LP's most recent financial statements, the company has Gross Margin of 95.1%.