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Western Midstream Partners (WES) Competitors

$38.25
+0.36 (+0.95%)
(As of 06/7/2024 ET)

WES vs. ET, WMB, KMI, NGG, TRP, TRGP, AM, DTM, KNTK, and ETRN

Should you be buying Western Midstream Partners stock or one of its competitors? The main competitors of Western Midstream Partners include Energy Transfer (ET), Williams Companies (WMB), Kinder Morgan (KMI), National Grid (NGG), TC Energy (TRP), Targa Resources (TRGP), Antero Midstream (AM), DT Midstream (DTM), Kinetik (KNTK), and Equitrans Midstream (ETRN). These companies are all part of the "natural gas transmission" industry.

Western Midstream Partners vs.

Western Midstream Partners (NYSE:WES) and Energy Transfer (NYSE:ET) are both large-cap oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, profitability, valuation, earnings, community ranking, risk and dividends.

Western Midstream Partners has a beta of 2.85, suggesting that its stock price is 185% more volatile than the S&P 500. Comparatively, Energy Transfer has a beta of 1.63, suggesting that its stock price is 63% more volatile than the S&P 500.

In the previous week, Energy Transfer had 13 more articles in the media than Western Midstream Partners. MarketBeat recorded 18 mentions for Energy Transfer and 5 mentions for Western Midstream Partners. Western Midstream Partners' average media sentiment score of 1.18 beat Energy Transfer's score of 0.98 indicating that Western Midstream Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Midstream Partners
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Energy Transfer
9 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

42.9% of Western Midstream Partners shares are owned by institutional investors. Comparatively, 38.2% of Energy Transfer shares are owned by institutional investors. 0.0% of Western Midstream Partners shares are owned by insiders. Comparatively, 3.3% of Energy Transfer shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Western Midstream Partners currently has a consensus target price of $31.55, indicating a potential downside of 17.53%. Energy Transfer has a consensus target price of $18.43, indicating a potential upside of 19.01%. Given Energy Transfer's stronger consensus rating and higher possible upside, analysts clearly believe Energy Transfer is more favorable than Western Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Midstream Partners
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.17
Energy Transfer
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Western Midstream Partners pays an annual dividend of $3.50 per share and has a dividend yield of 9.2%. Energy Transfer pays an annual dividend of $1.27 per share and has a dividend yield of 8.2%. Western Midstream Partners pays out 98.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Energy Transfer pays out 116.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Western Midstream Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.

Western Midstream Partners received 189 more outperform votes than Energy Transfer when rated by MarketBeat users. However, 71.53% of users gave Energy Transfer an outperform vote while only 69.00% of users gave Western Midstream Partners an outperform vote.

CompanyUnderperformOutperform
Western Midstream PartnersOutperform Votes
581
69.00%
Underperform Votes
261
31.00%
Energy TransferOutperform Votes
392
71.53%
Underperform Votes
156
28.47%

Energy Transfer has higher revenue and earnings than Western Midstream Partners. Western Midstream Partners is trading at a lower price-to-earnings ratio than Energy Transfer, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Midstream Partners$3.26B4.46$1.02B$3.5510.77
Energy Transfer$78.59B0.66$3.47B$1.0914.21

Western Midstream Partners has a net margin of 42.50% compared to Energy Transfer's net margin of 4.85%. Western Midstream Partners' return on equity of 44.76% beat Energy Transfer's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Midstream Partners42.50% 44.76% 11.65%
Energy Transfer 4.85%12.22%4.01%

Summary

Western Midstream Partners beats Energy Transfer on 11 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WES and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WES vs. The Competition

MetricWestern Midstream PartnersNatural gas transmission IndustryEnergy SectorNYSE Exchange
Market Cap$14.55B$19.56B$7.83B$17.65B
Dividend Yield9.46%5.84%11.69%3.54%
P/E Ratio10.7720.3611.6525.56
Price / Sales4.462.8198.6214.06
Price / Cash8.719.2910.8919.71
Price / Book4.792.383.394.99
Net Income$1.02B$1.24B$966.43M$975.33M
7 Day Performance2.49%-1.85%-3.43%-1.87%
1 Month Performance7.38%-1.63%-0.49%-0.76%
1 Year Performance42.46%33.27%1.21%8.57%

Western Midstream Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ET
Energy Transfer
3.3741 of 5 stars
$15.67
+0.8%
$18.43
+17.6%
+20.0%$52.81B$81.22B14.3813,786Positive News
WMB
Williams Companies
3.7618 of 5 stars
$41.51
+2.1%
$39.73
-4.3%
+29.7%$50.59B$10.91B17.445,601Analyst Upgrade
Options Volume
Positive News
KMI
Kinder Morgan
3.0663 of 5 stars
$19.49
+2.6%
$20.20
+3.6%
+13.9%$43.26B$15.33B17.7210,891Analyst Upgrade
Positive News
NGG
National Grid
0.8029 of 5 stars
$57.86
-0.4%
N/A-16.2%$43.04B$24.95B0.0031,425Gap Down
High Trading Volume
TRP
TC Energy
3.3457 of 5 stars
$38.56
+1.8%
$48.83
+26.6%
-5.5%$38.56B$11.80B19.887,415Positive News
TRGP
Targa Resources
4.7661 of 5 stars
$118.23
+1.4%
$121.50
+2.8%
+62.1%$26.21B$16.06B24.333,182Analyst Forecast
Positive News
AM
Antero Midstream
3.4282 of 5 stars
$14.65
+2.0%
$12.70
-13.3%
+31.8%$7.05B$1.04B18.31604Analyst Upgrade
Positive News
DTM
DT Midstream
3.8945 of 5 stars
$67.08
+1.5%
$61.50
-8.3%
+39.5%$6.51B$922M16.36402Analyst Upgrade
Positive News
KNTK
Kinetik
2.4268 of 5 stars
$40.99
+2.9%
$40.50
-1.2%
+19.7%$6.30B$1.26B16.80330Positive News
ETRN
Equitrans Midstream
3.6416 of 5 stars
$14.28
-0.1%
$11.22
-21.4%
+47.6%$6.19B$1.39B15.87773News Coverage
Positive News

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This page (NYSE:WES) was last updated on 6/8/2024 by MarketBeat.com Staff

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