Western Gas

Western Gas Partners, LP is a growth-oriented Delaware master limited partnership formed by Anadarko to own, operate, acquire and develop midstream energy assets. WES’s assets are located in East, West and South Texas, the Rocky Mountains (Colorado, Utah and Wyoming), North-Central Pennsylvania and the Mid-Continent (Kansas and Oklahoma), and WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids and crude oil for Anadarko, as well as third-party producers and customers.

Type
Public
Parent Company
Western Gas Equity Partners
HQ
The Woodlands, US
Founded
2007
Size (employees)
392 (est)+8%
Western Gas was founded in 2007 and is headquartered in The Woodlands, US

Western Gas Office Locations

Western Gas has an office in The Woodlands
The Woodlands, US (HQ)
1201 Lake Robbins Dr

Western Gas Metrics

Western Gas Financial Metrics

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, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 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, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 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, 2013FY, 2014FY, 2015FY, 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

Western Gas Market Value History

Western Gas Company Life

You may also be interested in