UGI (UGI) vs Western Midstream Partners (WES)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Western Midstream Partners (WES) has outperformed UGI (UGI) over the past year, gaining 19.6% versus a gain of 13.5%. Over five years, WES leads with a +97.5% price change compared with -17.0% for UGI. Western Midstream Partners is the larger company by market cap ($19.01 billion vs $7.94 billion), about 2.4 times the size.
On valuation, UGI trades at a lower forward P/E (11.5x vs 12.0x for Western Midstream Partners). Western Midstream Partners offers the higher dividend yield (8.00% vs 4.05%). Western Midstream Partners converts more of its revenue into profit, with a net margin of 30.7% versus 9.3%.
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 | UGI | WES |
|---|---|---|
| Share price | $37.02 | $46.00 |
| Market cap | $7.94B | $19.01B |
| 1-day change | +1.01% | +0.99% |
| YTD return | -2.08% | +16.91% |
| 1-year return | +13.50% | +19.64% |
| 5-year return | -17.01% | +97.52% |
| P/E ratio (TTM) | 12.30 | 14.56 |
| Forward P/E | 11.50 | 12.01 |
| EPS (TTM) | $3.01 | $3.16 |
| Dividend yield | 4.05% | 8.00% |
| Annual dividend | $1.50 | $3.68 |
| Revenue (latest FY) | $7.29B | $3.84B |
| Revenue growth (YoY) | +1.07% | +6.61% |
| Net income (latest FY) | $678.00M | $1.18B |
| Gross margin | 49.86% | 94.61% |
| Operating margin | 15.19% | 41.67% |
| Net margin | 9.30% | 30.73% |
| 52-week high | $41.34 | $50.07 |
| 52-week low | $31.62 | $36.90 |
| Distance from 52-week high | -10.45% | -8.13% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +16.83% | +8.02% |
| Average volume | 1.94M | 824.08K |
| Shares outstanding | 214.49M | 413.17M |
| Employees | 9,400 | 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
- Western Midstream Partners is about 2.4 times larger than UGI by market value ($19.01B vs $7.94B).
- Western Midstream Partners offers a meaningfully higher dividend yield (8.00% vs 4.05%).
- Western Midstream Partners is more profitable, keeping 30.7 cents of every revenue dollar as net income versus 9.3 cents for UGI.
- Western Midstream Partners grew revenue faster in its latest fiscal year (+6.61% vs +1.07%).
About UGI
UGI stock →UGI Corporation, together with its subsidiaries, engages in the distribution, storage, transportation, and marketing of energy products and related services in the United States and internationally. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane.
Utilities · Natural Gas Distribution · 9,400 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
UGI vs WES FAQ
Which is bigger, UGI or Western Midstream Partners?
Western Midstream Partners (WES) is larger, with a market capitalization of $19.01B compared with $7.94B for UGI (UGI).
Which stock has performed better over the past year, UGI or WES?
WES returned +19.64% over the past 12 months, compared with +13.50% for UGI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, UGI or WES?
UGI has the lower trailing P/E at 12.3, versus 14.6 for WES. 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, UGI or Western Midstream Partners?
Western Midstream Partners has the higher yield at 8.00%, compared with 4.05% for UGI.
Are UGI and Western Midstream Partners in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.