Type

Public

Parent Company

Western Gas Equity Partners

HQ

The Woodlands, US

Founded

2007

Size (employees)

392 (est)+8%

Website

westerngas.comWestern Gas was founded in 2007 and is headquartered in The Woodlands, US

Western Gas has an office in The Woodlands

The Woodlands, US (HQ)

1201 Lake Robbins Dr

## Revenue (2016) | $1.8 b |

## Revenue growth (2015-16), % | 3% |

## Gross profit | $1.3 b |

## Gross profit margin (2016), % | 73% |

## Net income (2016) | $597 m |

## Market capitalization (21-Mar-2017) | $8.6 b |

## Closing share price (21-Mar-2017) | $61.1 |

## Cash (31-Dec-2016) | $359.1 m |

Western Gas's current market capitalization is $8.6 b.

Western Gas's revenue was reported to be $1.8 b in FY, 2016 which is a **3% increase** from the previous period.

FY, 2010^{} | FY, 2011^{} | FY, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|---|---|---|

## Revenue | $869.4 m | $894.5 m | $1.1 b | $1.5 b | $1.8 b | $1.8 b | |

## Revenue growth, % | 3% | 21% | 41% | 14% | 3% | ||

## Cost of goods sold | $373.2 m | $458.4 m | $528.4 m | $494.2 m | |||

## Gross profit | $712.3 m | $1.1 b | $1.2 b | $1.3 b | |||

## Gross profit Margin, % | 66% | 70% | 70% | 73% | |||

## General and administrative expense | $35.1 m | $41.8 m | $41.2 m | $49.2 m | |||

## Operating expense total | $735.6 m | $1 b | $1.7 b | $1.2 b | |||

## Depreciation and amortization | $149.8 m | $186.5 m | $244.2 m | ||||

## EBIT | $317.1 m | $551.5 m | $154.2 m | $704.5 m | |||

## EBIT margin, % | 29% | 36% | 9% | 39% | |||

## Interest expense | $18.8 m | $30.3 m | $42.1 m | $51.8 m | $76.8 m | $113.9 m | $116.6 m |

## Pre tax profit | $284.2 m | $492.6 m | $63.2 m | $605.4 m | |||

## Income tax expense | $21.7 m | $32.2 m | $20.7 m | $2.3 m | $39.1 m | $45.5 m | $8.4 m |

## Net Income | $282.4 m | $387.4 m | ($66.5 m) | $597 m |

Y, 2009^{} | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | Y, 2013^{} | Y, 2014^{} | Y, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|---|---|---|---|

## Cash | $70 m | $27.1 m | $226.6 m | $420 m | $100.7 m | $67.1 m | $98 m | $359.1 m |

## Accounts Receivable | $84.1 m | $98.1 m | $181 m | $223 m | ||||

## Inventories | ||||||||

## Current Assets | $194.8 m | $175.2 m | $286.9 m | $595.6 m | ||||

## Goodwill | $105.3 m | $384.4 m | $389.7 m | $417.6 m | ||||

## Total Assets | $4.3 b | $6.8 b | $6.7 b | $7.7 b | ||||

## Accounts Payable | ||||||||

## Current Liabilities | $190.5 m | $202.6 m | $199.2 m | $315.4 m | ||||

## Non-Current Liabilities | $1.5 b | $2.5 b | $3 b | $3.3 b | ||||

## Total Liabilities | $1.7 b | $2.7 b | $3.2 b | $3.6 b |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | $286 m | $390.6 m | ($63.4 m) | $597 m |

## Depreciation and Amortization | $244.2 m | $272.9 m | ||

## Accounts Receivable | ($34 m) | ($4.2 m) | ($5.6 m) | ($49 m) |

## Inventories | ||||

## Accounts Payable | ||||

## Cash From Operating Activities | $415.7 m | $534.8 m | $669.6 m | $913.1 m |

## Purchases of PP&E | ($476.7 m) | ($78.1 m) | ($12.7 m) | ($716.5 m) |

## Capital Expenditures | ($646.5 m) | ($673 m) | ($602.3 m) | ($480 m) |

## Cash From Investing Activities | ($1.4 b) | ($2.6 b) | ($466.4 m) | ($1.1 b) |

## Long-term Borrowings | ($710 m) | ($650 m) | ($610 m) | ($900 m) |

## Cash From Financing Activities | $681.1 m | $2.1 b | ($172.2 m) | $451.8 m |

## Income Taxes Paid | $552 k | ($90 k) | $838 k | |

## Free Cash Flow | $1.1 b | $1.2 b | $1.3 b | $1.4 b |