Frontline PLC (FRO) vs Western Midstream Partners, LP (WES)
Frontline PLC and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Western Midstream Partners, LP is the larger, with a market value of $18.7B against $10.5B — 1.8× the size. Frontline PLC trades at the lower P/E: 7.1× against 14.3×. Frontline PLC grew revenue faster over the last twelve months: 63.5% against 18.0%. Frontline PLC has the higher net margin (49.4% vs 29.0%) and the higher return on invested capital (19.4% vs 8.16%). Both pay a dividend; Frontline PLC yields more (10.4% vs 8.96%). Across the 23 metrics below, Frontline PLC leads on 21 and Western Midstream Partners, LP on 2.
Valuation
Profitability
| Metric | FRO | WES | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 66.67% | 92.08% | 58.81% |
| Operating margin | 54.14% | 40.23% | 32.14% |
| Net margin | 49.37% | 29.00% | 21.16% |
| Free cash flow margin | 56.19% | 27.30% | 10.15% |
| Return on equity | 53.85% | 32.48% | 11.30% |
| Return on assets | 24.94% | 8.82% | 5.00% |
| Return on invested capital | 19.35% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
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