PAA vs WES: Which Stock Is the Better Buy?
Plains All American Pipeline, L.P. and Western Midstream Partners, LP side by side — fundamentals from SEC filings, refreshed nightly. Sector: Energy.
AI verdict — PAA vs WES, read from the filings
The stronger business, the cheaper stock, and the risks — synthesised from both companies’ SEC filings, every figure computed not guessed. Not investment advice.
| Plains All American Pipeline, L.P. (PAA) | Western Midstream Partners, LP (WES) | |
|---|---|---|
| Market cap | $16.2B | $17.5B |
| Revenue (latest FY) | $44.26B | $3.84B |
| Net income (latest FY) | $1.39B | $1.18B |
| Revenue growth (5y CAGR) | 13.7% | 6.7% |
| Net margin | 3.1% | 30.7% |
| Return on equity | 10.6% | 28.4% |
| P/E ratio | 20.6 | 14.6 |
| Dividend yield | 7.0% | 8.4% |
| Profitable years (of last 10) | 9 | 10 |
| Positive free cash flow | Yes | Yes |
Verify the comparison
Use the filing period and source shown by each tool before treating two figures as comparable.
See the full PAA vs WES breakdown
Both companies across 19 years of income statement, balance sheet and cash flow — with ratios, health checks and Ask, the SEC-grounded research assistant. Free, no account needed.
Open PAA's full financials → Open WES's full financials →Frequently asked questions
Which is bigger, PAA or WES?
Western Midstream Partners, LP is larger by market capitalization — $17.5B versus $16.2B.
Which grows faster, PAA or WES?
Over the last five fiscal years, Plains All American Pipeline, L.P. grew revenue faster — 13.7%/yr versus 6.7%/yr, computed from SEC-filed statements.
Where does this data come from?
All figures are computed from official SEC filings (10-K), refreshed nightly. This is a data comparison, not investment advice.