Western Midstream Partners, LP

NYSE:WES Stock Report

Market Cap: US$15.1b

Western Midstream Partners Dividends and Buybacks

Dividend criteria checks 5/6

Western Midstream Partners is a dividend paying company with a current yield of 8.8% that is well covered by earnings.

Key information

8.8%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield8.8%
Future Dividend Yield9.5%
Dividend Growth8.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$3.500
Payout ratio81%

Recent dividend and buyback updates

Recent updates

Western Midstream: A 9% Yield, Undervalued, And Still Room To Grow

Dec 16

Western Midstream: 9% Yield Looks Solid Despite Moderating Growth

Nov 19

Western Midstream: 9% Yield With Growth Tailwinds From Permian Gas Expansion

Nov 08

Western Midstream: Pumping Out A Massive 9% Yield

Oct 18

Western Midstream: My Top 2 MLP Income Pick

Oct 06

Western Midstream: Time To Buy This Ultra-High-Yielding Bargain

Sep 13

Western Midstream Partners: High Yield Supported By Growth

Aug 09

8.8% Yield And Investment Grade? I'm All In - Western Midstream

Jul 30

Western Midstream: One Of The Highest Energy Yields

Jul 08

Western Midstream: This 9%-Yielding MLP May Be Worth Buying Now

Jun 20

9.3% Yield And Investment-Grade Rating Yes! Western Midstream

Jun 07

Shopping For Income? Don't Ignore 9%-Yielding Western Midstream Partners

May 20

Western Midstream Continues To Drive Reliable Returns

May 13

Western Midstream: 10% Forward Yield Plus Capital Appreciation From Investment Grade Company

Apr 03

Western Midstream: Redlining The Balance Sheet

Mar 16

Western Midstream's Recent Strength Doesn't Change The Thesis

Mar 05

My Income Climbed 52%, More Capital Gains Ahead: Western Midstream

Feb 28

Western Midstream: The Breakout Is Here And It's Likely Not Over

Feb 22

Natural Gas Demand Is Soaring: Earn +8% Yields From Western Midstream

Dec 26

Western Midstream Partners: Latest Actions Should Drive A Breakout

Nov 02

Western Midstream: Meritage Acquisition Should Drive Growth

Oct 26

Western Midstream's Lack Of Appreciation Is Your Opportunity

Oct 01

Western Midstream Partners LP: Strong And Reliable Yield For The Dividend-Oriented Investor

Sep 25

Western Midstream Partners: Guidance Doesn't Reflect Long-Term Opportunity

Aug 13

Western Midstream Partners LP: Occidental Benefits

Jul 24

Western Midstream: Steady Performer Remains A Buy

Jul 13

Western Midstream: Leading The Pack In Midstream

Jun 13

Western Midstream: Buy The Dip

Jun 06

Western Midstream: Untapped Potential

Feb 21

Western Midstream Partners declares $0.50 dividend

Jan 20

Western Midstream: Growth Moderating, Bonds Looking Competitive

Nov 04

Western Midstream Partners goes ex-dividend tomorrow

Oct 27

Western Midstream Partners: A 12% Distribution Yield Could Be Coming Soon

Sep 10

Western Midstream: A Double-Digit Yielding Investment For Any Retirement Portfolio

Aug 08

Western Midstream Partners goes ex-dividend tomorrow

Jul 28

Western Midstream: Still Cheap Despite Operational Strides And Outperformance

May 26

Western Midstream: New Deals Speed Up Growth

May 12

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: WES's dividends per share have been stable in the past 10 years.

Growing Dividend: WES's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Western Midstream Partners Dividend Yield vs Market
How does WES dividend yield compare to the market?
SegmentDividend Yield
Company (WES)8.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Oil and Gas)4.2%
Analyst forecast (WES) (up to 3 years)9.5%

Notable Dividend: WES's dividend (8.8%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: WES's dividend (8.8%) is in the top 25% of dividend payers in the US market (4.45%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.5%), WES's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (105.5%), WES's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:06
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western Midstream Partners, LP is covered by 34 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Marc SolecittoBarclays
Indraneel MitraBofA Global Research