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Western Midstream Partners LPWES +1.32%85 5-Year Yield-on-Cost % is 22.31 as of Aug. 06, 2026, which is 8% above its 10-year median of 20.69. 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 498 Oil & Gas companies, Western Midstream Partners LP ranks better than 92.97% on this metric.
Western Midstream Partners LP (NYSE:WES) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Western Midstream Partners LP 5-Year Yield-on-Cost % Related Terms
WES vs PAA, DTM, AM: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Western Midstream Partners LP's 5-Year Yield-on-Cost % falls into.
Western Midstream Partners LP 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Western Midstream Partners LP (WES) has a 5-Year Yield-on-Cost % of 22.31 as of Aug. 06, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Western Midstream Partners LP and its competitors. This is near median its historical median of 20.69. Over the past decade, Western Midstream Partners LP's 5-Year Yield-on-Cost % has ranged from 10.16 to 219.09. According to the industry distribution chart, Western Midstream Partners LP ranks #35 out of 498 companies in the Oil & Gas industry, placing it in the top 7%.
Is Western Midstream Partners LP's 5-Year Yield-on-Cost % too high?
Western Midstream Partners LP's current 5-Year Yield-on-Cost % of 22.31 is near median its 10-year median of 20.69. Over the past 10 years, this metric has ranged from a low of 10.16 to a high of 219.09. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.96. Western Midstream Partners LP's value of 22.31 is 350.3% above this industry median. Based on the distribution chart, Western Midstream Partners LP ranks #35 out of 498 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 5-Year Yield-on-Cost % compare to PAA and DTM?
According to the Oil & Gas industry distribution chart, Western Midstream Partners LP ranks #35 out of 498 companies for 5-Year Yield-on-Cost %. This places Western Midstream Partners LP in the top 7% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 4.96. Western Midstream Partners LP's value of 22.31 is 350.3% above this benchmark. Historically, Western Midstream Partners LP's own 5-Year Yield-on-Cost % has ranged from 10.16 to 219.09 over the past decade. While the company's 10-year median is 20.69 vs. the industry median of 4.96, 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.96, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Midstream Partners LP's current 5-Year Yield-on-Cost % of 22.31 is 350.3% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Western Midstream Partners LP and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Midstream Partners LP's current 5-Year Yield-on-Cost % is 22.31, which is near median its own 10-year median of 20.69. 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 $46.76 — trading 6.5% above its estimated fair value. The current 5-Year Yield-on-Cost % is 22.31, which is near median its 10-year median of 20.69 and 350.3% above the Oil & Gas industry median of 4.96. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current 5-Year Yield-on-Cost % is 22.31 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 $46.76 is trading 6.5% above its estimated GF Value™ of $43.92.
GuruFocus considers Western Midstream Partners LP to be Fairly Valued.
Key valuation signals for WES:
5-Year Yield-on-Cost %: 22.31 (near median its 10-year median of 20.69)
GF Value™: $43.92 vs. price of $46.76 (6.5% above fair value)
Industry Position: 350.3% above the Oil & Gas median (#35 of 498)
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
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