Western Midstream Partners is positioned well with strong financials and long-term growth potential in the energy sector. Its dividend is sustainable, supported by fee-based contracts that shield its revenues from commodity price risk. Amid market volatility, the MLP stands out with a 9.4% yield and robust business model. The company’s financial performance has been impressive, posting $594 million in adjusted EBITDA in Q1. With a debt-to-EBITDA ratio lower than the industry average, Western Midstream offers a resilient investment opportunity. Its recent expansions and attractive valuation make it an appealing choice for investors looking for steady returns.
Read more at Nasdaq: 1 Dividend Giant Yielding Over 9%, With Big Things Coming