Plains Group Holdings, L.P. (PAGP) vs Western Midstream Partners, LP (WES)
- Plains Group Holdings, L.P. PAGP 27.45 +1.03%
- Western Midstream Partners, LP WES 44.60 +1.04%
Plains Group Holdings, L.P. and Western Midstream Partners, LP are both Oil & Gas Midstream companies. Plains Group Holdings, L.P. is the larger, with a market value of $20.7B against $18.2B — 1.1× the size. Plains Group Holdings, L.P. trades at the lower P/E: 9.8× 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 1.06%) and the higher return on invested capital (8.16% vs 4.51%). Both pay a dividend; Western Midstream Partners, LP yields more (8.25% vs 7.47%). 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% | 56.58% |
| Operating margin | 3.13% | 40.23% | 34.18% |
| Net margin | 1.06% | 29.00% | 22.50% |
| Free cash flow margin | 4.65% | 27.30% | 13.70% |
| Return on equity | 3.77% | 32.48% | 14.65% |
| Return on assets | 1.90% | 8.82% | 5.00% |
| Return on invested capital | 4.51% | 8.16% | 6.13% |
Growth
Health
Dividend
Size
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