WES (Western Midstream Partners LP) Dividend Payout Ratio : 1.17 (As of Sep. 2024)

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What is Western Midstream Partners LP Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Western Midstream Partners LP's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Midstream Partners LP is 0.92, which seems too high.

The historical rank and industry rank for Western Midstream Partners LP's Dividend Payout Ratio or its related term are showing as below:

WES' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.89 Max: 1.52
Current: 0.92

During the past 13 years, the highest Dividend Payout Ratio of Western Midstream Partners LP was 1.52. The lowest was 0.55. And the median was 0.89.

WES's Dividend Payout Ratio is ranked worse than
72.22% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs WES: 0.92

As of today (2024-12-13), the Dividend Yield % of Western Midstream Partners LP is 8.07%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Western Midstream Partners LP was 77.19%. The lowest was 1.59%. And the median was 6.24%.

Western Midstream Partners LP's Dividends per Share for the months ended in Sep. 2024 was $0.88.

During the past 12 months, Western Midstream Partners LP's average Dividends Per Share Growth Rate was 19.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Midstream Partners LP was 39.80% per year. The lowest was -17.90% per year. And the median was 14.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Western Midstream Partners LP Dividend Payout Ratio Historical Data

The historical data trend for Western Midstream Partners LP's Dividend Payout Ratio 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.

* Premium members only.

Western Midstream Partners LP Dividend Payout Ratio Chart

Western Midstream Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.52

0.60

0.55

0.66

0.92

Western Midstream Partners LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.83	0.76	0.68	1.09	1.17

Competitive Comparison of Western Midstream Partners LP's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's Dividend Payout Ratio falls into.

Western Midstream Partners LP Dividend Payout Ratio Calculation

Western Midstream Partners LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.494	/	2.723
	=	0.92

Western Midstream Partners LP's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.875	/	0.75
	=	1.17

Western Midstream Partners LP (NYSE:WES) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Western Midstream Partners LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Western Midstream Partners LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Midstream Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Western Midstream Partners LP (NYSE:WES) » Definitions » Dividend Payout Ratio

Comparable Companies

PAA AM ENLC DTM FRO ETRN PAGP STNG CEQP HEP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380

Website

http://www.westernmidstream.com

Western Midstream Partners LP is a US-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), North-central Pennsylvania and Texas.

Executives

Occidental Petroleum Corp /de/	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Robert W. Bourne	officer: SVP & Chief Commercial Officer	1400 16TH STREET, SUITE 310, DENVER CO 80202
Lisa A Stewart	director	EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Michael Ure	director, officer: President & CEO	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Oscar B. Brown	director	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
David J Schulte	director	233 WEST 47TH ST., KANSAS CITY MO 64112
Kenneth F. Owen	director	15631 JACINTOPORT BLVD., HOUSTON TX 77015
Kerr Mcgee Corp /de	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Alejandro O Nebreda	officer: SVP, Business Services	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Michael S. Forsyth	officer: SVP, North Operations	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman	officer: SVP Co-Chief Operating Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Kristen S. Shults	officer: SVP & Chief Financial Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber	director	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046