WES (Western Midstream Partners LP) OCF Yield %: 11.01 (As of Aug. 06, 2026) — 29% Below Median

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WES Western Midstream Partners LP WES
85 GF Score
Price $46.88
GF Value $43.92
Valuation Fairly Valued
! 9 Warning Signs
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What is Western Midstream Partners LP OCF Yield %?

Western Midstream Partners LP WES +1.58% 85 OCF Yield % is 11.01 as of Aug. 06, 2026, which is 29% below its 10-year median of 15.51. 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 1,023 Oil & Gas companies, Western Midstream Partners LP ranks better than 55.03% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Western Midstream Partners LP's Trailing 12-Month Cash Flow from Operations is $2,132 Mil, and Market Cap is $19,370 Mil. Therefore, Western Midstream Partners LP's OCF Yield % for today is 11.01%.

The historical rank and industry rank for Western Midstream Partners LP's OCF Yield % or its related term are showing as below:

WES' s OCF Yield % Range Over the Past 10 Years
Min: 8.39   Med: 15.51   Max: 97.31
Current: 11.01


During the past 13 years, the highest OCF Yield % of Western Midstream Partners LP was 97.31%. The lowest was 8.39%. And the median was 15.51%.

WES's OCF Yield % is ranked better than
55.03% of 1023 companies
in the Oil & Gas industry
Industry Median: 9.23 vs WES: 11.01

Western Midstream Partners LP's OCF Margin % for the quarter that ended in Jun. 2026 was %.


Western Midstream Partners LP OCF Yield % Explanation

Similar to Earnings Yield %, OCF 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 operating 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 OCF Yield % Related Terms


Western Midstream Partners LP OCF Yield % Historical Data

* Premium members only.

The historical data trend for Western Midstream Partners LP's OCF Yield % can be seen below:

* 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 OCF Yield % Chart

Western Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.69 16.43 14.96 14.61 13.79

Western Midstream Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
OCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.29 15.22 13.84 11.59 12.24

WES vs PAA, DTM, AM: OCF Yield % Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's OCF Yield %, along with its competitors' market caps and OCF 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 OCF Yield % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's OCF Yield % distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's OCF Yield % falls into.


WES
85GF Score
Western Midstream Partners LP WES
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Midstream Partners LP OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Western Midstream Partners LP's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=2222.625 / 16121.5695
=13.79%

Western Midstream Partners LP's annualized OCF Yield % for the quarter that ended in Jun. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=534.736 * 4 / 17476.91256
=12.24%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 11.01 mean?
Western Midstream Partners LP (WES) has a OCF Yield % of 11.01 as of Aug. 06, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Western Midstream Partners LP and its competitors. This is 29% below median its historical median of 15.51. Over the past decade, Western Midstream Partners LP's OCF Yield % has ranged from 8.39 to 97.31. According to the industry distribution chart, Western Midstream Partners LP ranks #460 out of 1023 companies in the Oil & Gas industry, placing it in the top 45%.
Is Western Midstream Partners LP's OCF Yield % too high?
Western Midstream Partners LP's current OCF Yield % of 11.01 is 29% below median its 10-year median of 15.51. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 97.31. The Oil & Gas industry median OCF Yield % is 9.23. Western Midstream Partners LP's value of 11.01 is 19.3% above this industry median. Based on the distribution chart, Western Midstream Partners LP ranks #460 out of 1023 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 OCF Yield % compare to PAA and DTM?
According to the Oil & Gas industry distribution chart, Western Midstream Partners LP ranks #460 out of 1023 companies for OCF Yield %. This puts Western Midstream Partners LP in the upper half of its industry. The industry median OCF Yield % is 9.23. Western Midstream Partners LP's value of 11.01 is 19.3% above this benchmark. Historically, Western Midstream Partners LP's own OCF Yield % has ranged from 8.39 to 97.31 over the past decade. While the company's 10-year median is 15.51 vs. the industry median of 9.23, 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 OCF Yield % for an Oil & Gas company?
The median OCF Yield % among Oil & Gas companies is 9.23, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Midstream Partners LP's current OCF Yield % of 11.01 is 19.3% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Western Midstream Partners LP and its competitors. For the Oil & Gas industry, the median OCF Yield % is 9.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Midstream Partners LP's current OCF Yield % is 11.01, which is 29% below median its own 10-year median of 15.51. 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 $46.88 — trading 6.7% above its estimated fair value. The current OCF Yield % is 11.01, which is 29% below median its 10-year median of 15.51 and 19.3% above the Oil & Gas industry median of 9.23. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current OCF Yield % is 11.01 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 $46.88 is trading 6.7% above its estimated GF Value™ of $43.92. GuruFocus considers Western Midstream Partners LP to be Fairly Valued.

Key valuation signals for WES:

  • OCF Yield %: 11.01 (29% below median its 10-year median of 15.51)
  • GF Value™: $43.92 vs. price of $46.88 (6.7% above fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 19.3% above the Oil & Gas median (#460 of 1023)

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 Business Description

Industry EnergyOil & Gas
Address 9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
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

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OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.88
Price
$43.92
GF Value