Plains Group Holdings, L.P. (PAGP) vs Western Midstream Partners, LP (WES)
Plains Group Holdings, L.P. and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Plains Group Holdings, L.P. and Western Midstream Partners, LP are of similar size ($20.3B and $18.7B). Plains Group Holdings, L.P. trades at the lower P/E: 9.5× against 14.3×. 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 1.06%) and the higher return on invested capital (8.16% vs 4.51%). Both pay a dividend; Western Midstream Partners, LP yields more (8.96% vs 6.88%). Across the 23 metrics below, Plains Group Holdings, L.P. leads on 12 and Western Midstream Partners, LP on 11.
Valuation
Profitability
| Metric | PAGP | WES | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 5.55% | 92.08% | 58.81% |
| Operating margin | 3.13% | 40.23% | 32.14% |
| Net margin | 1.06% | 29.00% | 21.16% |
| Free cash flow margin | 4.65% | 27.30% | 10.15% |
| Return on equity | 3.77% | 32.48% | 11.30% |
| Return on assets | 1.90% | 8.82% | 5.00% |
| Return on invested capital | 4.51% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack