Western Midstream Partners Stock Net Income

WES Stock  USD 37.93  0.49  1.31%   
Western Midstream Partners fundamentals help investors to digest information that contributes to Western Midstream's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Midstream stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares1.4 B1.5 B
Net Income998.5 MB
Net Income From Continuing OpsB679.4 M
Net Income Per Share 2.67  2.80 
Net Income Per E B T 0.97  1.02 
At this time, Western Midstream's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Net Income is likely to gain to about 1 B in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 679.4 M in 2024.
  
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Western Midstream Partners Company Net Income Analysis

Western Midstream's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Western Midstream Net Income

    
  998.53 M  
Most of Western Midstream's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Western Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Western Midstream is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Net Income. Since Western Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Midstream's interrelated accounts and indicators.

Western Net Income Historical Pattern

Today, most investors in Western Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Midstream's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Western Midstream net income as a starting point in their analysis.
   Western Midstream Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Western Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(2.81 Billion)

At this time, Western Midstream's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Western Midstream Partners reported net income of 998.53 M. This is 56.05% lower than that of the Oil, Gas & Consumable Fuels sector and 48.14% higher than that of the Energy industry. The net income for all United States stocks is 74.88% lower than that of the firm.

Western Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Midstream's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Midstream could also be used in its relative valuation, which is a method of valuing Western Midstream by comparing valuation metrics of similar companies.
Western Midstream is currently under evaluation in net income category among its peers.

Western Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Western Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Midstream's managers, analysts, and investors.
Environmental
Governance
Social

Western Midstream Institutional Holders

Institutional Holdings refers to the ownership stake in Western Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Western Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Western Midstream's value.
Shares
Clearbridge Advisors, Llc2024-06-30
2.5 M
Brookfield Corp2024-06-30
2.5 M
Westwood Holdings Group Inc2024-06-30
1.8 M
Jennison Associates Llc2024-09-30
1.7 M
Miller Howard Investments Inc2024-09-30
1.7 M
Eagle Global Advisors, Llc2024-06-30
1.6 M
Infrastructure Capital Advisors, Llc2024-06-30
1.6 M
Fractal Investments Llc2024-09-30
1.5 M
Bank Of America Corp2024-06-30
1.5 M
Alps Advisors Inc2024-06-30
27.9 M
Amvescap Plc.2024-06-30
22.3 M

Western Fundamentals

About Western Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Western Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.