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Western Midstream Partners LP

$44.37
Market Cap 17.47B
ROE 34.7%
Gross Margin 67.3%
Debt/Equity 2.6
Current Ratio 1.1
Revenue QoQ 22.5%
EPS QoQ 0.1%
F-Score 5

About

Western Gas Equity Partners, LP was formed to own three types of partnership interests in Western Gas Partners, LP (WES). WES is a limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. As of December 31, 2011, the Company had no independent operations. WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko, as well as third-party producers and customers. On January 13, 2012, WES acquired 100% interest of Mountain Gas Resources LLC (MGR). On August 1, 2012, WES acquired 24% interest of Chipeta Processing LLC (Chipeta).

Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Midstream

Sector context

Energy

Undervalued

Trading at a discount to sector peers

P/E
14.85
vs median 32.43
P/B
5.27
vs median 1.62
ROE
0.35
vs median 0.05

Decent quality with acceptable fundamentals

Large-cap company with established market presence

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