WallStSmart

Enterprise Products Partners LP (EPD)vsWestern Midstream Partners LP (WES)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Enterprise Products Partners LP generates 1173% more annual revenue ($51.56B vs $4.05B). WES leads profitability with a 29.5% profit margin vs 11.5%. EPD appears more attractively valued with a PEG of 1.52. WES earns a higher WallStSmart Score of 63/100 (C+).

EPD

Buy

54

out of 100

Grade: C-

Growth: 3.3Profit: 6.5Value: 6.7Quality: 4.3
Piotroski: 4/9

WES

Buy

63

out of 100

Grade: C+

Growth: 6.7Profit: 9.0Value: 4.7Quality: 3.8
Piotroski: 2/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EPDUndervalued (+22.1%)

Margin of Safety

+22.1%

Fair Value

$48.77

Current Price

$38.17

$10.60 discount

UndervaluedFair: $48.77Overvalued
WESFair Value (-0.3%)

Margin of Safety

-0.3%

Fair Value

$42.30

Current Price

$44.37

$2.07 premium

UndervaluedFair: $42.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EPD3 strengths · Avg: 8.3/10
Market CapQuality
$81.59B9/10

Large-cap with strong market position

P/E RatioValuation
14.0x8/10

Attractively priced relative to earnings

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

WES5 strengths · Avg: 9.0/10
Return on EquityProfitability
35.7%10/10

Every $100 of equity generates 36 in profit

Operating MarginProfitability
41.1%10/10

Strong operational efficiency at 41.1%

Profit MarginProfitability
29.5%9/10

Keeps 30 of every $100 in revenue as profit

P/E RatioValuation
14.7x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
22.5%8/10

Revenue surging 22.5% year-over-year

Areas to Watch

EPD3 concerns · Avg: 3.0/10
PEG RatioValuation
1.524/10

Expensive relative to growth rate

Debt/EquityHealth
1.173/10

Elevated debt levels

Revenue GrowthGrowth
-6.7%2/10

Revenue declined 6.7%

WES3 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
5.482/10

Expensive relative to growth rate

Debt/EquityHealth
2.591/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : EPD

The strongest argument for EPD centers on Market Cap, P/E Ratio, Price/Book.

Bull Case : WES

The strongest argument for WES centers on Return on Equity, Operating Margin, Profit Margin. Profitability is solid with margins at 29.5% and operating margin at 41.1%. Revenue growth of 22.5% demonstrates continued momentum.

Bear Case : EPD

The primary concerns for EPD are PEG Ratio, Debt/Equity, Revenue Growth.

Bear Case : WES

The primary concerns for WES are Piotroski F-Score, PEG Ratio, Debt/Equity. Debt-to-equity of 2.59 is elevated, increasing financial risk.

Key Dynamics to Monitor

EPD profiles as a declining stock while WES is a growth play — different risk/reward profiles.

WES carries more volatility with a beta of 0.65 — expect wider price swings.

WES is growing revenue faster at 22.5% — sustainability is the question.

EPD generates stronger free cash flow (486M), providing more financial flexibility.

Bottom Line

WES scores higher overall (63/100 vs 54/100), backed by strong 29.5% margins and 22.5% revenue growth. EPD offers better value entry with a 22.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Enterprise Products Partners LP

ENERGY · OIL & GAS MIDSTREAM · USA

Enterprise Products Partners LP provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGL), crude oil, petrochemicals, and refined products. The company is headquartered in Houston, Texas.

Western Midstream Partners LP

ENERGY · OIL & GAS MIDSTREAM · USA

Western Midstream Partners, LP, acquires, owns, develops and operates midstream assets primarily in the United States.

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