WES vs XOM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WES offers the higher yield at 8.24%, XOM has the higher dividend-safety score, and WES looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: WES vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Western Midstream Partners, LP (WES) has the higher forward dividend yield at 8.24%, versus 2.23% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 27, 2026, SmarterDividends grades WES's dividend safety C (54/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 27, 2026, WES has raised its dividend for 5 consecutive years and XOM for 24.
- As of Oct 27, 2026, WES pays out 116% of its earnings as dividends and XOM pays out 53%.
- As of Oct 27, 2026, WES's fair-value estimate is 65% above its share price and XOM's fair-value estimate is 55% below its share price, so WES looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "WES vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/wes-vs-xom
| Metric | WES | XOM |
|---|---|---|
| Forward yield | 8.24% | 2.23% |
| Annual dividend | $3.72 | $4.12 |
| Payout ratio | 116% | 53% |
| Years of growth | 5 yr | 24 yr |
| 5-yr dividend growth | 23.7% | 2.8% |
| 5-yr total return | 135% | 206% |
| Dividend safety score | 54 (C) | 92 (A) |
| Fair value estimate | $74.55 | $83.10 |
| Upside to fair value | +65% | -55% |
| Frequency | quarterly | quarterly |
| Market cap | $18.7B | $758.8B |
| P/E ratio | 14.3 | 23.8 |
Higher yield
WES
8.24%
Safer dividend
XOM
Grade A
Faster growth
WES
23.7%
Better value
WES
+65% upside
WES vs XOM — FAQ
Is WES or XOM a better dividend stock?
On the data, XOM wins more head-to-head categories (5 vs 3). WES offers the higher yield (8.24%), while XOM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, WES or XOM?
WES has the higher forward dividend yield at 8.24%, versus 2.23% for XOM.
Is WES or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is WES or XOM better value right now?
As of Oct 27, 2026, WES looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For XOM, its fair-value estimate is 55% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.