Western Midstream Partners LP Common (WES) exhibits 41.0% gross margins and 16.0% return on invested capital within Energy (Natural Gas Distribution), balanced against a 13.0x enterprise multiple and 7.0% implied options volatility.
Sustained 41.0% gross profitability converts into 41.7% operating margin and 16.0% ROIC, outpacing sector cost of capital.
ROIC: 16.0% // GM: 41.0%YoY revenue trajectory of +6.6% paired with 10.83% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +6.6% // FCF YLD: 10.83%Altman Z-Score of 1.85 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.85 // F-SCORE: 8/9Trading at 16.0x trailing P/E (14.9x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 16.0x // EV/EBITDA: 13.0xOptions market prices a ±7.0% implied move with a 0.73 put/call ratio around $45.00 max pain.
IMPL MOVE: ±7.0% // P/C: 0.73Elevated industry capital intensity and customer concentration in Natural Gas Distribution require continuous execution to defend 30.7% net margins.
NET MARGIN: 30.7% // D/E: 1.09x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for WES & activate live FRED threshold breach alerts.