DBA Sempra (SRE) vs Western Midstream Partners (WES)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Western Midstream Partners (WES) has outperformed DBA Sempra (SRE) over the past year, gaining 19.1% versus a loss of 11.2%. Over five years, WES leads with a +95.1% price change compared with +26.7% for SRE. DBA Sempra is the larger company by market cap ($53.19 billion vs $18.85 billion), about 2.8 times the size, while Western Midstream Partners is growing revenue faster (+6.6% vs +3.9%).
On valuation, Western Midstream Partners trades at a lower forward P/E (11.9x vs 14.7x for DBA Sempra). Western Midstream Partners offers the higher dividend yield (8.07% vs 3.21%). Western Midstream Partners converts more of its revenue into profit, with a net margin of 30.7% versus 13.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | SRE | WES |
|---|---|---|
| Share price | $81.34 | $45.62 |
| Market cap | $53.19B | $18.85B |
| 1-day change | +1.57% | -0.44% |
| YTD return | -7.87% | +15.49% |
| 1-year return | -11.24% | +19.08% |
| 5-year return | +26.69% | +95.12% |
| P/E ratio (TTM) | 23.51 | 14.44 |
| Forward P/E | 14.68 | 11.91 |
| EPS (TTM) | $3.46 | $3.16 |
| Dividend yield | 3.21% | 8.07% |
| Annual dividend | $2.61 | $3.68 |
| Revenue (latest FY) | $13.70B | $3.84B |
| Revenue growth (YoY) | +3.92% | +6.61% |
| Net income (latest FY) | $1.84B | $1.18B |
| Gross margin | — | 94.61% |
| Operating margin | — | 41.67% |
| Net margin | 13.41% | 30.73% |
| 52-week high | $101.04 | $50.07 |
| 52-week low | $76.21 | $36.90 |
| Distance from 52-week high | -19.50% | -8.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.84% | +8.92% |
| Average volume | 3.66M | 823.53K |
| Shares outstanding | 653.90M | 413.17M |
| Employees | 15,938 | 1,704 |
| Sector | Utilities | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DBA Sempra is about 2.8 times larger than Western Midstream Partners by market value ($53.19B vs $18.85B).
- WES has outperformed SRE by 30.3 percentage points over the past year.
- DBA Sempra trades at a higher earnings multiple (23.5x vs 14.4x trailing P/E).
- Western Midstream Partners offers a meaningfully higher dividend yield (8.07% vs 3.21%).
- Western Midstream Partners is more profitable, keeping 30.7 cents of every revenue dollar as net income versus 13.4 cents for DBA Sempra.
About DBA Sempra
SRE stock →Sempra engages in the regulated utilities business in the United States and Mexico. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure.
Utilities · Natural Gas Distribution · 15,938 employees
About Western Midstream Partners
WES stock →Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water.
Utilities · Natural Gas Distribution · 1,704 employees
SRE vs WES FAQ
Which is bigger, DBA Sempra or Western Midstream Partners?
DBA Sempra (SRE) is larger, with a market capitalization of $53.19B compared with $18.85B for Western Midstream Partners (WES).
Which stock has performed better over the past year, SRE or WES?
WES returned +19.08% over the past 12 months, compared with -11.24% for SRE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, SRE or WES?
WES has the lower trailing P/E at 14.4, versus 23.5 for SRE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, DBA Sempra or Western Midstream Partners?
Western Midstream Partners has the higher yield at 8.07%, compared with 3.21% for DBA Sempra.
Are DBA Sempra and Western Midstream Partners in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.