Plains All American Pipeline, L.P. (PAA) vs Western Midstream Partners, LP (WES)
- Plains All American Pipeline, L.P. PAA 25.25 +0.40%
- Western Midstream Partners, LP WES 44.60 +1.04%
Plains All American Pipeline, L.P. and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Plains All American Pipeline, L.P. and Western Midstream Partners, LP are of similar size ($18.2B and $17.7B). Plains All American Pipeline, L.P. trades at the lower P/E: 7.0× against 14.0×. Western Midstream Partners, LP grew revenue faster over the last twelve months: 18.0% against 13.1%. Western Midstream Partners, LP has the higher net margin (29.0% vs 4.87%) and the higher return on invested capital (8.16% vs 4.74%). Both pay a dividend; Western Midstream Partners, LP yields more (8.25% vs 8.12%). Across the 23 metrics below, Plains All American Pipeline, L.P. leads on 13 and Western Midstream Partners, LP on 10.
Valuation
Profitability
| Metric | PAA | WES | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 5.55% | 92.08% | 56.58% |
| Operating margin | 3.14% | 40.23% | 34.18% |
| Net margin | 4.87% | 29.00% | 22.50% |
| Free cash flow margin | 4.66% | 27.30% | 13.70% |
| Return on equity | 21.98% | 32.48% | 14.65% |
| Return on assets | 9.03% | 8.82% | 5.00% |
| Return on invested capital | 4.74% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
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