COMP <GO>
WES vs TTE // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Western Midstream Partners LP Common (NYSE) VS. TotalEnergies SE (NYSE) • 15-METRIC TALLY: WES 10
— TTE 4
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: TTE
LAST: $46.39 (+1.24%) • MKT CAP: $18.93B
options-implied-move
7.00%
LAST: $95.33 (+1.38%) • MKT CAP: $205.16B
options-implied-move
6.80%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WES VS. TTE)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WES | TTE | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 16.00% | 9.90% | +6.10 | WES | /roic <GO> |
| EV/EBITDA & P/E Valuation | 13.0x | 21.0x | -8.00 | WES | /valuation <GO> |
| Free Cash Flow Yield | 10.83% | 2.21% | +8.62 | WES | /fcf-yield <GO> |
| Operating Margin | 41.70% | 13.90% | +27.80 | WES | /operating-margins <GO> |
| Net Profit Margin | 30.70% | 10.90% | +19.80 | WES | /net-margins <GO> |
| Revenue Growth (YoY) | 6.60% | 2.20% | +4.40 | WES | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 7.56% | 0.00% | +7.56 | WES | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.85 | 3.74 | -1.89 | TTE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | WES | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 7.00% | 6.80% | +0.20 | TTE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 59.0 | 67.8 | -8.83 | TTE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.03 | 0.97 | +0.06 | WES | /macro-sensitivity <GO> |
| Forward P/E Multiple | 14.9x | 30.5x | -15.60 | WES | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $18.93B | $205.16B | -$186.23B | TTE | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WES REV | TTE REV | WES GROSS % | TTE GROSS % | WES FCF | TTE FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $3.84B | — | 44.0% | — | $2.05B | — |
| FY 2024 | $3.60B | — | 44.0% | — | $1.97B | — |
| FY 2023 | $3.11B | — | 44.0% | — | $1.52B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WES // BETA 1.03
TTE // BETA 0.97