WES

Western Midstream Partners, LP

Energy
US companies in Oil & Gas Midstream (22)
NYSE · USD
Mkt cap $18.9bn

$45.82

as of 29 Oct 2026, 8% below its 52-week high

Screens as less well placed to keep growing its dividend, though its cut-risk signals are low. Its valuation looks somewhat extended against its own history.

These scores are a resilience check on the dividend, not a recommendation to buy or sell. They are not financial advice.

Trailing yield: 8.03%Last 12 months of regular payments at today's price
Forward yield: 8.08%Each payment expected in the next 12 months, not the latest one doubled
Earnings cover: 0.8×Pays 118% of earnings
Cash cover: 1.5×Free cash flow over dividends paid
5y dividend growth: +18.3% a yearMeasured from a cut in FY2020
Next ex-dividend date: Declared2 Nov 2026Quarterly dividend of $0.93

Compared with US companies in Oil & Gas Midstream (22)

Trailing yield is higher than 20 of the 21 other US companies in Oil & Gas Midstream.
5y dividend growth (as paid) is higher than 12 of the 14 other US companies in Oil & Gas Midstream with a 5y growth figure.

Quality

Low

Capacity to keep growing the dividend

Risk

Low

Signals of dividend-cut pressure

Trim

Moderate

How extended the valuation looks

Why Quality is 49

WES against US companies in Oil & Gas Midstream (22)

Valuation against its own history

As of the last reported period (30 Jun 2026). P80 means the figure is higher than 80% of WES’s past readings.

P/E13.8×P72, poor for this measure
Yield8.36%P63, neutral for this measure
FCF payout66.2%P38, neutral for this measure
Net debt / EBITDA3.91P79, poor for this measure
DGR 5y+24.0%P85, good for this measure
ROIC12.4%P50, neutral for this measure

Open valuation history

Forecast your income with the WES dividend calculator

Inspect surfaces history; it does not predict the future. Nothing here is financial advice or an instruction to buy or sell. Always do your own research. See the Terms of Service.