Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Western Midstream Partners LP FCF Yield %?
Western Midstream Partners LPWES +1.43%85 FCF Yield % is 6.31 as of Aug. 06, 2026, which is 26% below its 10-year median of 8.49. GuruFocus rates WES with a GF Score™ of 85/100 and a GF Value™ of $43.92 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,022 Oil & Gas companies, Western Midstream Partners LP ranks better than 68.49% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Western Midstream Partners LP FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Western Midstream Partners LP FCF Yield % Related Terms
Western Midstream Partners LP FCF Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Midstream Partners LP FCF Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Western Midstream Partners LP's FCF Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Midstream Partners LP (WES) has a FCF Yield % of 6.31 as of Aug. 06, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Western Midstream Partners LP and its competitors. This is 26% below median its historical median of 8.49. According to the industry distribution chart, Western Midstream Partners LP ranks #322 out of 1022 companies in the Oil & Gas industry, placing it in the top 31.5%.
Is Western Midstream Partners LP's FCF Yield % too high?
Western Midstream Partners LP's current FCF Yield % of 6.31 is 26% below median its 10-year median of 8.49. The Oil & Gas industry median FCF Yield % is 2.01. Western Midstream Partners LP's value of 6.31 is 214.7% above this industry median. Based on the distribution chart, Western Midstream Partners LP ranks #322 out of 1022 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Western Midstream Partners LP has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Midstream Partners LP's FCF Yield % compare to PAA and DTM?
According to the Oil & Gas industry distribution chart, Western Midstream Partners LP ranks #322 out of 1022 companies for FCF Yield %. This puts Western Midstream Partners LP in the upper half of its industry. The industry median FCF Yield % is 2.01. Western Midstream Partners LP's value of 6.31 is 214.7% above this benchmark. While the company's 10-year median is 8.49 vs. the industry median of 2.01, Western Midstream Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Oil & Gas company?
The median FCF Yield % among Oil & Gas companies is 2.01, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Midstream Partners LP's current FCF Yield % of 6.31 is 214.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Western Midstream Partners LP and its competitors. For the Oil & Gas industry, the median FCF Yield % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Midstream Partners LP's current FCF Yield % is 6.31, which is 26% below median its own 10-year median of 8.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Western Midstream Partners LP (WES) is currently considered Fairly Valued. The stock's GF Value™ is $43.92, compared to a current price of $46.81 — trading 6.6% above its estimated fair value. The current FCF Yield % is 6.31, which is 26% below median its 10-year median of 8.49 and 214.7% above the Oil & Gas industry median of 2.01. Western Midstream Partners LP's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current FCF Yield % is 6.31 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Midstream Partners LP (WES) Overvalued in 2026?
Based on GuruFocus' analysis, Western Midstream Partners LP stock appears to be overvalued.
The current stock price of $46.81 is trading 6.6% above its estimated GF Value™ of $43.92.
GuruFocus considers Western Midstream Partners LP to be Fairly Valued.
Key valuation signals for WES:
FCF Yield %: 6.31 (26% below median its 10-year median of 8.49)
GF Value™: $43.92 vs. price of $46.81 (6.6% above fair value)
Industry Position: 214.7% above the Oil & Gas median (#322 of 1022)
No single metric tells the full story. See the WES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma) and Texas.
85GF Score
Get the complete analysis for WES
FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WES has been successfully added to your 
