Cheniere Energy Partners, L.P. (CQP) vs Western Midstream Partners, LP (WES)
Cheniere Energy Partners, L.P. and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Cheniere Energy Partners, L.P. is the larger, with a market value of $30.8B against $18.7B — 1.6× the size. Cheniere Energy Partners, L.P. trades at the lower P/E: 11.1× against 14.3×. Western Midstream Partners, LP grew revenue faster over the last twelve months: 18.0% against 15.4%. Western Midstream Partners, LP has the higher net margin (29.0% vs 23.1%) and the lower return on invested capital (8.16% vs 16.4%). Both pay a dividend; Western Midstream Partners, LP yields more (8.96% vs 8.27%). Across the 23 metrics below, Cheniere Energy Partners, L.P. leads on 15 and Western Midstream Partners, LP on 8.
Valuation
Profitability
| Metric | CQP | WES | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 40.64% | 92.08% | 58.81% |
| Operating margin | 33.63% | 40.23% | 32.14% |
| Net margin | 23.11% | 29.00% | 21.16% |
| Free cash flow margin | 24.23% | 27.30% | 10.15% |
| Return on equity | 1,283.57% | 32.48% | 11.30% |
| Return on assets | 15.35% | 8.82% | 5.00% |
| Return on invested capital | 16.40% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
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