Craig Collins - Western Midstream President

WES Stock  USD 36.23  0.22  0.60%   

President

Mr. Craig W. Collins is Chief Operating Officer, Senior Vice President of Western Gas Equity Holdings, LLC of the Company. Mr. Collins has served as Senior Vice President and Chief Operating Officer of our general partner and WES GP since February 2017. Mr. Collins was named Vice President Midstream for Anadarko in February 2017, and previously served as Director, Midstream Engineering for Anadarko from July 2016 to February 2017, during which time he was responsible for the engineering and construction of midstream infrastructure for Anadarko and WES. He joined the Anadarko midstream organization in November 2010, where he led commercial development activities in the Eagleford shale, and was promoted to General Manager in June 2013, with commercial responsibilities for midstream assets located in Texas, New Mexico, Kansas, Louisiana, and Pennsylvania. Since joining Anadarko in 2003, Mr. Collins has also held positions of increasing responsibility in Treasury and Corporationrationrate Development. since 2019.
Age 47
Tenure 5 years
Address 9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380
Phone(346) 786-5000
Webhttps://www.westernmidstream.com

Western Midstream Management Efficiency

The company has Return on Asset of 0.0744 % which means that on every $100 spent on assets, it made $0.0744 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4402 %, implying that it generated $0.4402 on every 100 dollars invested. Western Midstream's management efficiency ratios could be used to measure how well Western Midstream manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.37 in 2024, whereas Return On Tangible Assets are likely to drop 0.05 in 2024. At this time, Western Midstream's Other Current Assets are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1 B in 2024, whereas Other Assets are likely to drop slightly above 88.3 M in 2024.
The company has 7.96 B in debt with debt to equity (D/E) ratio of 2.34, meaning that the company heavily relies on borrowing funds for operations. Western Midstream has a current ratio of 1.18, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Debt can assist Western Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, Western Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Midstream sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Midstream's use of debt, we should always consider it together with cash and equity.

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Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas. Western Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1127 people. Western Midstream Partners (WES) is traded on New York Stock Exchange in USA. It is located in 9950 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 and employs 1,377 people. Western Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Western Midstream Leadership Team

Elected by the shareholders, the Western Midstream's board of directors comprises two types of representatives: Western Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Midstream's management team and ensure that shareholders' interests are well served. Western Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hix, Independent Director of the General Partner
Nicole Clark, Director of the General Partner
Jennifer Kirk, Director of Western Gas Equity Holdings, LLC
Frederick Forthuber, Director
Kristen Shults, Senior LLC
Steven Arnold, Independent Director of Western Gas Holdings, LLC
Oscar Brown, Director of Western Gas Equity Holdings, LLC
Kenneth Owen, Independent Director of the General Partner
Peter Bennett, Director of Western Gas Equity Holdings, LLC
Keith Herndon, VP Officer
Glenn Vangolen, Chairman of the Board of Western Gas Equity Holdings, LLC
Michael Ure, President, Chief Executive Officer, Chief Financial Officer, Director of the General Partner
Alejandro Nebreda, Senior LLC
David Tudor, Independent Director of Western Gas Holdings, LLC
Lisa Stewart, Independent Director of the General Partner
Charles Griffie, Senior Vice President - Operations and Engineering of the General Partner
Crystal Sled, Diversity, Mgmt
Michael Pearl, Chief Financial Officer, Senior Vice President of the General partner
Marcia Backus, Director of Western Gas Equity Holdings, LLC
Catherine Green, Chief Accounting Officer, Vice President of the General Partner
Daniel IV, Director LLC
Daniel Holderman, VP Operations
Craig Collins, Chief Operating Officer, Senior Vice President of Western Gas Equity Holdings, LLC
Craig Stewart, Independent Director of the General Partner
David Schulte, Independent Director of the General Partner
James Crane, Independent Director of Western Gas Holdings, LLC
Christopher Dial, Senior Vice President General Counsel, Corporate Secretary of the General Partner
Robert Bourne, Senior Vice President, Chief Commercial Officer of the General Partner
Jonathan Greenberg, Vice LLC

Western Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Western Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Western Midstream is a strong investment it is important to analyze Western Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Midstream's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Western Midstream information on this page should be used as a complementary analysis to other Western Midstream's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Western Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Midstream. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.841
Dividend Share
1.713
Earnings Share
3.55
Revenue Per Share
8.536
Quarterly Revenue Growth
0.209
The market value of Western Midstream is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Midstream's value that differs from its market value or its book value, called intrinsic value, which is Western Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Midstream's market value can be influenced by many factors that don't directly affect Western Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.