Western Midstream Partners, LP
WES
Price:
$37.76
Market Cap:
$14.37B
Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity P...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2012-12-10
Stock Exchange
NYSE
Ticker
WES
The Current Ratio as of September 2024 (TTM) for Western Midstream Partners, LP (WES) is 1.68
According to Western Midstream Partners, LP’s latest financial reports and current stock price. The company's current Current Ratio is 1.68. This represents a change of 17.45% compared to the average of 1.43 of the last 4 quarters.
Western Midstream Partners, LP (WES) Historical Current Ratio (quarterly & annually)
How has WES Current Ratio performed in the past?
The mean historical Current Ratio of Western Midstream Partners, LP over the last ten years is 0.96. The current 1.68 Current Ratio has changed 17.46% with respect to the historical average. Over the past ten years (40 quarters), WES's Current Ratio was at its highest in in the December 2016 quarter at 1.89. The Current Ratio was at its lowest in in the March 2019 quarter at 0.13.
Average
0.96
Median
0.85
Minimum
0.60
Maximum
1.89
Western Midstream Partners, LP (WES) Current Ratio by Quarter and Year
Discovering the peaks and valleys of Western Midstream Partners, LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 67.97%
Maximum Annual Current Ratio = 1.89
Minimum Annual Increase = -68.16%
Minimum Annual Current Ratio = 0.60
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.76 | -23.61% |
| 2022 | 1.00 | 65.88% |
| 2021 | 0.60 | -38.81% |
| 2020 | 0.98 | 18.51% |
| 2019 | 0.83 | 32.38% |
| 2018 | 0.63 | 4.03% |
| 2017 | 0.60 | -68.16% |
| 2016 | 1.89 | 30.22% |
| 2015 | 1.45 | 67.97% |
| 2014 | 0.86 | -20.46% |
Western Midstream Partners, LP (WES) Average Current Ratio
How has WES Current Ratio performed in the past?
The current Current Ratio of Western Midstream Partners, LP (WES) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.79
5-year avg
0.83
10-year avg
0.96
Western Midstream Partners, LP (WES) Current Ratio vs. Peers
How is WES’s Current Ratio compared to its peers?
Western Midstream Partners, LP’s Current Ratio is greater than Crestwood Equity Partners LP (1.31), greater than DT Midstream, Inc. (0.84), greater than MPLX LP (0.99), greater than Holly Energy Partners, L.P. (0.11), greater than NuStar Energy L.P. (0.81), greater than Magellan Midstream Partners, L.P. (1.08), greater than Plains All American Pipeline, L.P. (1.00), greater than Genesis Energy, L.P. (1.09), greater than Hess Midstream LP (1.11), greater than Enterprise Products Partners L.P. (0.91), greater than Energy Transfer LP (1.14), greater than Antero Midstream Corporation (0.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.31 | $2.97B | |
| 0.84 | $7.30B | |
| 0.99 | $43.50B | |
| 0.11 | $2.59B | |
| 0.81 | $2.78B | |
| 1.08 | $13.94B | |
| 1.00 | $12.18B | |
| 1.09 | $1.58B | |
| 1.11 | $7.93B | |
| 0.91 | $62.66B | |
| 1.14 | $54.38B | |
| 0.89 | $6.88B |
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