Is Western Midstream Partners LP (WES) overvalued? · P/E 12, rev $3.61B
Western Midstream Partners LP (WES) is a oil & gas midstream company listed on US.
This page asks whether Western Midstream Partners LP (WES) looks expensive on cached numbers — not a short thesis.
Latest reported WES revenue for 2024-12-31 was $3.61B. Net income was $1.61B. Revenue was up 16.1% from 2023-12-31 to 2024-12-31. WES currently screens at market cap $14.85B and trailing P/E 11.7.
WES currently screens at market cap $14.85B and trailing P/E 11.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next WES 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the WES stock page for the full model, not this heading.
Not investment advice.