Western Midstream Partners, LP (NYSE: WES) Post-Earnings Interview and Financial Insights

• Western Midstream Partners, LP (NYSE:WES) announced earnings per share of $0.74, missing the expected $0.83.
• The company reported revenue of approximately $883.4 million, below the anticipated $959.1 million.
• WES declared a dividend of $0.875, showcasing its commitment to returning value to shareholders despite financial shortfalls.

Western Midstream Partners, LP (NYSE:WES) is set to release a post-earnings interview featuring CEO Oscar Brown and CFO Kristen Shults. This interview will offer deeper insights into the company's third-quarter performance and will be accessible on their website before the market opens. The company also plans to engage in several investor conferences in late 2024 and early 2025.

Western Midstream operates as a master limited partnership, focusing on midstream assets across several U.S. states. The company specializes in gathering, compressing, treating, processing, and transporting natural gas, along with handling condensate, natural-gas liquids, and crude oil. It also manages the gathering and disposal of produced water. A large portion of its cash flows is protected from commodity price changes through fee-based contracts.

In its recent earnings report on November 6, 2024, WES announced earnings per share of $0.74, which was below the expected $0.83. The company reported revenue of approximately $883.4 million, falling short of the anticipated $959.1 million. Despite this, WES declared a dividend of $0.875 on November 1, 2024, with a payment date set for November 14, 2024.

WES's financial metrics provide a snapshot of its market valuation. The company has a price-to-earnings (P/E) ratio of 8.88, indicating how the market values its earnings. Its price-to-sales ratio is 3.84, reflecting investor valuation of its revenue. The enterprise value to sales ratio is 5.77, highlighting its overall valuation in relation to sales.

The company's financial health is further illustrated by its debt-to-equity ratio of 2.35, showing its financial leverage. WES maintains a current ratio of 1.11, indicating its ability to meet short-term liabilities with short-term assets. The earnings yield of 11.26% offers insight into the return on investment for shareholders.