Pricing Log in Create free account

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 $16.5B against $10.0B — 1.7× the size. Frontline PLC trades at the lower P/E: 6.7× against 12.9×. Frontline PLC grew revenue faster over the last twelve months: 63.5% against 22.3%. Frontline PLC has the higher net margin (49.4% vs 0.00%) and the higher return on invested capital (19.4% vs 8.19%). Both pay a dividend; Frontline PLC yields more (12.0% vs 9.25%). Across the 23 metrics below, Frontline PLC leads on 21 and Western Midstream Partners, LP on 2.

Valuation

Metric FRO WES Oil & Gas Midstream median
P/E 6.72 12.86 11.68
P/S 3.32 3.61 2.39
P/B 3.17 3.80 1.68
Price to free cash flow 5.90 14.07 8.52
EV/EBITDA 7.42 10.16 9.03
EV/Sales 4.02 5.60 3.43
Earnings yield 14.87% 7.78% 7.78%
Free cash flow yield 16.94% 7.11% 7.11%

Profitability

Metric FRO WES Oil & Gas Midstream median
Gross margin 66.67% 90.96% 54.87%
Operating margin 54.14% 38.54% 34.73%
Net margin 49.37% 0.00% 20.12%
Free cash flow margin 56.19% 45.63% 14.43%
Return on equity 53.85% 0.00% 11.73%
Return on assets 24.94% 0.00% 4.43%
Return on invested capital 19.35% 8.19% 6.10%

Growth

Metric FRO WES Oil & Gas Midstream median
Revenue growth (TTM) 63.48% 22.29% 14.88%
EPS growth (last fiscal year) (23.77%) (25.87%) (7.78%)
Revenue growth, 5-year CAGR 10.05% 6.75% 10.05%
Net income growth, 5-year CAGR (1.69%) 17.48% 0.00%

Health

Metric FRO WES Oil & Gas Midstream median
Debt to equity 0.77 2.11 0.77
Current ratio 1.87 0.81 1.19
Net debt to EBITDA 3.03 3.37 3.46

Dividend

Metric FRO WES Oil & Gas Midstream median
Dividend yield 12.00% 9.25% 4.94%
Payout ratio 0.81 1.20 0.73

Size

Metric FRO WES Oil & Gas Midstream median
Market cap 9.95b 16.47b 3.56b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack