WES
vs
S&P 500
WES
S&P 500
Over the past 12 months, WES has underperformed S&P 500, delivering a return of -1% compared to the S&P 500's +14% growth.
Stocks Performance
WES vs S&P 500
Performance Gap
WES vs S&P 500
Performance By Year
WES vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Western Midstream Partners LP
Glance View
Western Midstream Partners LP is a master limited partnership with roots deeply embedded in the midstream energy sector. It emerged onto the scene in 2008, initially as a subsidiary of the oil giant Anadarko Petroleum, with a focus on providing essential infrastructure services that connect energy producers with end-users. Western Midstream's main business revolves around gathering, processing, and transporting natural gas, natural gas liquids (NGLs), and crude oil, largely gathered from prolific producing regions like the Permian and Delaware Basins. Its operations are crucial for the smooth transit and transformation of energy resources from the point of production to the market, handling everything from reliable transportation through pipelines to the necessary processing that brings raw energy to a usable state. The company's financial engine is fueled by long-term, fee-based contracts that provide a steady and predictable revenue stream. This business model is resilient to the often-volatile swings in commodity prices, as Western Midstream primarily earns by charging for the services associated with moving and processing energy products rather than selling the commodities themselves. Additionally, through strategic investments and asset acquisitions, Western Midstream has expanded its capabilities and geographical footprint, ensuring its infrastructure remains integral to the energy supply chain. These moves not only enhance its service portfolio but also help in cementing long-term relationships with key producers, further entrenching Western Midstream's role as a pivotal player in the North American energy landscape.
