Western Midstream Partners’ Shares Lag Sector with 2.5% Gain and 8.7% Yield
WES shares rose 2.5% over the past month, trailing Targa Resources’ 18.3% gain and the broader midstream sector’s 11.9% increase. Western Midstream Partners delivers an 8.7% dividend yield, well above Targa Resources’ 1.6% yield and its peers Sunoco LP’s 5.9% and CrossAmerica Partners’ 10.1%.
1. Peer Performance
Western Midstream Partners’ stock has advanced 2.5% over the past month, underperforming Targa Resources’ 18.3% rally, the sub-industry’s 11.9% gain and the broader oil and energy sector’s 9% increase. In the same period, Sunoco LP shares climbed 8% while CrossAmerica Partners shares declined 3.6%.
2. Dividend Profile
The partnership offers an 8.7% dividend yield, significantly higher than Targa Resources’ 1.6% and Sunoco LP’s 5.9%, though below CrossAmerica Partners’ 10.1%. This elevated yield highlights strong cash distribution but may also reflect midstream sector risks and capital spending demands.