WES earnings
Western Midstream Partners LP (WES) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Western Midstream Announces First-Quarter 2026 Distribution and Earnings Conference CallHOUSTON, April 20, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.93 per unit for the first quarter of 2026, or $3.72 per unit on an annualized basis, which represents a 2.2-percent increase over the prior quarter's distribution, and is in-line with WES's previously announced expectations. WES's first-quarter 2026 distribution is payable on May 15, 2026, to unitholders of record at the close of business on May 1, 2026.The Partnership plans to report its first-quarter 2026 results after market close on Wednesday, May 6, 2026. Management w
- Western Midstream Announces Record Fourth-Quarter and Full-Year 2025 ResultsAnnounces 2026 Financial GuidanceReported fourth-quarter 2025 Net income attributable to limited partners of $187.2 million, generating record fourth-quarter Adjusted EBITDA(1) of $635.6 million, which included $29.5 million of unfavorable non-cash revenue adjustments.Reported full-year 2025 Net income attributable to limited partners of $1.154 billion, generating record full-year Adjusted EBITDA(1) of $2.481 billion, exceeding the midpoint of the full-year 2025 Adjusted EBITDA guidance range of $2.350 billion to $2.550 billion, and representing a 6-percent year-over-year increase.Reported fourth-quarter 2025 Cash flows provided by operating activities of $557.6 million, generating fourth-qu
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, Jan. 23, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the fourth quarter of 2025, or $3.64 per unit on an annualized basis, which is in-line with the prior quarter's distribution. WES's fourth-quarter 2025 distribution is payable on February 13, 2026, to unitholders of record at the close of business on February 2, 2026. The Partnership plans to report its fourth-quarter 2025 results after market close on Wednesday, February 18, 2026. Management will host a conference call on Thursday, February 19, 2026, at 9
- WESTERN MIDSTREAM ANNOUNCES RECORD THIRD-QUARTER 2025 RESULTSReported third-quarter 2025 Net income attributable to limited partners of $331.7 million, generating record third-quarter Adjusted EBITDA(1) of $633.8 million.Reported third-quarter 2025 Cash flows provided by operating activities of $570.2 million, generating third-quarter Free Cash Flow(1) of $397.4 million.Announced a third-quarter distribution of $0.910 per unit, which is consistent with the prior quarter's distribution, or $3.64 per unit on an annualized basis.On October 15, 2025, closed the previously announced acquisition of Aris Water Solutions, Inc. ("Aris") establishing WES as one of the largest three-stream midstream providers in the Delaware Basin.Anticipates being towards the h
- WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, Oct. 17, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the third quarter of 2025, or $3.64 per unit on an annualized basis, which is in-line with the prior quarter's distribution. WES's third-quarter 2025 distribution is payable on November 14, 2025, to unitholders of record at the close of business on October 31, 2025. The Partnership plans to report its third-quarter 2025 results after market close on Tuesday, November 4, 2025. Management will host a conference call on Wednesday, November 5, 2025, at 8:00 a.m
- Western Midstream to Acquire Aris Water SolutionsCreates a differentiated Delaware Basin produced-water system, enhancing WES's ability to compete for new business development opportunities. The combined infrastructure creates a fully integrated produced-water value chain through water gathering, disposal, recycle/reuse, beneficial reuse (including desalination and mineral extraction), industrial water, and long-haul transport via the Pathfinder pipeline. Significantly expands WES's New Mexico footprint unlocking new opportunities to be a "one-stop shop" for customers and to grow its natural-gas and crude-oil and NGLs gathering and processing businesses in the area. McNeill Ranch provides access to significant pore space and oth
- WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2025 RESULTSEXECUTING ON CORE GROWTH STRATEGY AND REAFFIRMING 2025 FINANCIAL GUIDANCE RANGES Reported second-quarter 2025 Net income attributable to limited partners of $333.8 million, generating record second-quarter Adjusted EBITDA(1) of $617.9 million.Reported second-quarter 2025 Cash flows provided by operating activities of $564.0 million, generating second-quarter Free Cash Flow(1) of $388.4 million.Announced a second-quarter distribution of $0.910 per unit, which is consistent with the prior quarter's distribution, or $3.64 per unit on an annualized basis.Executing on growth strategy by announcing an agreement to acquire Aris Water Solutions, Inc. and sanctioning a new 300 MMcf/d cryogenic natura
- WESTERN MIDSTREAM TO ACQUIRE ARIS WATER SOLUTIONSCreates a differentiated Delaware Basin produced-water system, enhancing WES's ability to compete for new business development opportunities.The combined infrastructure creates a fully integrated produced-water value chain through water gathering, disposal, recycle/reuse, beneficial reuse (including desalination and mineral extraction), industrial water, and long-haul transport via the Pathfinder pipeline.Significantly expands WES's New Mexico footprint unlocking new opportunities to be a "one-stop shop" for customers and to grow its natural-gas and crude-oil and NGLs gathering and processing businesses in the area.McNeill Ranch provides access to significant pore space and other surface use
- WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, July 22, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the second quarter of 2025, or $3.64 per unit on an annualized basis, which is in-line with the prior quarter's distribution. WES's second-quarter 2025 distribution is payable on August 14, 2025, to unitholders of record at the close of business on August 1, 2025. The Partnership plans to report its second-quarter 2025 results after market close on Wednesday, August 6, 2025. Management will host a conference call on Thursday, August 7, 2025, at 9:00 a.m. Ce
- WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2025 RESULTSReported first-quarter 2025 Net income attributable to limited partners of $301.8 million, generating first-quarter Adjusted EBITDA(1) of $593.6 million.Reported first-quarter 2025 Cash flows provided by operating activities of $530.8 million, generating first-quarter Free Cash Flow(1) of $399.4 million.Announced a first-quarter distribution of $0.910 per unit, which is 4-percent higher than the prior quarter's distribution, or $3.64 per unit on an annualized basis, and in-line with prior management commentary.HOUSTON, May 7, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced first-quarter financial and operating results. Net income (l
- WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2025 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, April 21, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the first quarter of 2025, or $3.64 per unit on an annualized basis, which represents a 4-percent increase over the prior quarter's distribution, and is in-line with WES's previously announced expectations. WES's first-quarter 2025 distribution is payable on May 15, 2025, to unitholders of record at the close of business on May 2, 2025. The Partnership plans to report its first-quarter 2025 results after market close on Wednesday, May 7, 2025. Management w
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2024 RESULTSReported fourth-quarter 2024 Net income attributable to limited partners of $325.9 million, generating fourth-quarter Adjusted EBITDA(1) of $590.7 million.Reported full-year 2024 Net income attributable to limited partners of $1.537 billion, generating full-year Adjusted EBITDA(1) of $2.344 billion, and exceeding the midpoint of the full-year 2024 Adjusted EBITDA guidance range of $2.200 billion to $2.400 billion.Reported fourth-quarter 2024 Cash flows provided by operating activities of $554.4 million, generating fourth-quarter Free Cash Flow(1) of $309.3 million.Reported full-year 2024 Cash flows provided by operating activities of $2.137 billion, generating full-year Free Cash Flow(1) of
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, Jan. 24, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the fourth quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's fourth-quarter 2024 Base Distribution is payable on February 14, 2025, to unitholders of record at the close of business on February 3, 2025. The Partnership plans to report its fourth-quarter and full-year 2024 results after market close on Wednesday, February 26, 2025. Management will host a conference call
- WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2024 RESULTSReported third-quarter 2024 Net income attributable to limited partners of $281.8 million, generating third-quarter Adjusted EBITDA(1) of $566.9 million.Reported third-quarter 2024 Cash flows provided by operating activities of $551.3 million, generating third-quarter Free cash flow(1) of $365.1 million.Announced a third-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which is in-line with the prior-quarter's Base Distribution.HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced third-quarter 2024 financial and operating results. Net income (loss) attributable to limited partners f
- WESTERN MIDSTREAM APPOINTS OSCAR BROWN AS PRESIDENT AND CHIEF EXECUTIVE OFFICERMichael Ure Steps Down Following Successful Transformation of Western Midstream into Leading Midstream Operator Partnership Reaffirms 2024 Adjusted EBITDA and Free Cash Flow Guidance HOUSTON, Oct. 28, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced Oscar K. Brown, an independent director of Western Midstream Holdings, LLC, WES's general partner (the "General Partner"), has been appointed President and Chief Executive Officer of the General Partner, effective immediately. The Board of Directors of the General Partner (the "Board") and Michael Ure agreed that he will step down from his position, including as Director. To ensure a smoo
- WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, Oct. 17, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the third quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's third-quarter 2024 Base Distribution is payable on November 14, 2024, to unitholders of record at the close of business on November 1, 2024. The Partnership plans to report its third-quarter 2024 results after market close on Wednesday, November 6, 2024. Management will host a conference call on Thursday, Nove
- WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2024 RESULTSReported second-quarter 2024 Net income attributable to limited partners of $369.8 million, generating second-quarter Adjusted EBITDA(1) of $578.1 million.Reported second-quarter 2024 Cash flows provided by operating activities of $631.4 million, generating second-quarter Free cash flow(1) of $424.8 million.Announced a second-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which is in-line with the prior-quarter's Base Distribution.HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced second-quarter 2024 financial and operating results. Net income (loss) attributable to limited part
- WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, July 18, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the second quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's second-quarter 2024 Base Distribution is payable on August 14, 2024, to unitholders of record at the close of business on August 1, 2024. The Partnership plans to report its second-quarter 2024 results after market close on Wednesday, August 7, 2024. Management will host a conference call on Thursday, August
- WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 RESULTSReported record first-quarter 2024 Net income attributable to limited partners of $559.5 million, generating record first-quarter Adjusted EBITDA(1) of $608.4 million.Reported first-quarter 2024 Cash flows provided by operating activities of $399.7 million, generating first-quarter Free cash flow(1) of $225.0 million.Announced a first-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which represents a 52-percent increase over the prior-quarter's distribution.Completed the start-up of Mentone Train III ("Mentone III") at our West Texas complex in early April.Year-to-date, repurchased a total of $150.0 million of senior notes at approximately 96-percent o
- WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, April 18, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the first quarter of 2024, or $3.50 on an annualized basis, which is 52-percent higher than the prior quarter's distribution and in-line with WES's previously announced expectations. WES's first-quarter 2024 Base Distribution is payable on May 15, 2024, to unitholders of record at the close of business on May 1, 2024. The Partnership plans to report its first-quarter 2024 results after market close on Wednesday, May 8, 2024. Manageme
- WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLIONEXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA(1), $700.0 million to $850.0 million for total capital expenditures(2), and $1.050 billion to $1.250 billion for Free cash flow(1), all of which include the impact of the non-core asset divestitures.As a result of WES's meaningful net leverage reduction, reduced unit count, and significant, sustainable Free cash
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2023 RESULTSReported fourth-quarter 2023 Net income attributable to limited partners of $281.6 million, generating fourth-quarter Adjusted EBITDA(1) of $570.7 million.Reported full-year 2023 Net income attributable to limited partners of $998.5 million, generating full-year Adjusted EBITDA(1) of $2.069 billion, and exceeding the revised full-year 2023 Adjusted EBITDA range of $1.950 billion to $2.050 billion.Reported fourth-quarter 2023 Cash flows provided by operating activities of $473.3 million, generating fourth-quarter Free cash flow(1) of $282.0 million.Reported full-year 2023 Cash flows provided by operating activities of $1.661 billion, generating full-year Free cash flow(1) of $964.2 million, a
- WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALLHOUSTON, Jan. 22, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.5750 per unit for the fourth quarter of 2023, or $2.30 on an annualized basis, which is in line with the prior quarters' distribution. WES's fourth-quarter 2023 Base Distribution is payable on February 13, 2024, to unitholders of record at the close of business on February 1, 2024. The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday, February 21, 2024. Management will host a conference call on Thursday, Febru
- Western Midstream Announces Third-Quarter 2023 ResultsReported third-quarter 2023 Net income attributable to limited partners of $270.8 million, generating third-quarter Adjusted EBITDA(1) of $510.9 million. Reported third-quarter 2023 Cash flows provided by operating activities of $394.8 million, generating third-quarter Free cash flow(1) of $200.4 million. Announced a third-quarter Base Distribution of $0.5750 per unit, or $2.30 on an annualized basis, which represents a 2.2-percent increase to the prior-quarter's Base Distribution. Repurchased 5.1 million common units from Occidental Petroleum Corporation ("Oxy") for $127.5 million, reducing Oxy's total ownership interest in WES to below 50.0% when taking into account both its lim
- Western Midstream Announces Third-Quarter 2023 Distribution Increase and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.5750 per unit for the third quarter of 2023, or $2.30 on an annualized basis. This distribution represents a 2.2% increase compared to the second-quarter's Base Distribution of $0.5625 and is consistent with prior communications regarding a distribution increase upon the close of the acquisition of Meritage Midstream Services II, LLC. WES's third-quarter 2023 Base Distribution is payable on November 13, 2023, to unitholders of record at the close of business on November 1, 2023. The Part
- Western Midstream Announces Second-Quarter 2023 Distribution Increase and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.5625 per unit for the second quarter of 2023, or $2.25 on an annualized basis. This distribution represents a 12.5% increase over the prior quarter's Base Distribution of $0.500 per unit. WES's second-quarter 2023 Base Distribution is payable on August 14, 2023, to unitholders of record at the close of business on July 31, 2023. Additionally, WES is raising its expected 2023 Base Distribution guidance to at least $2.1875 per unit(1). "Over the past year, our commercial team has generated
- Western Midstream Announces First-quarter 2023 ResultsReported first-quarter 2023 Net income attributable to limited partners of $199.0 million, generating first-quarter Adjusted EBITDA(1) of $498.7 million. Reported first-quarter 2023 Cash flows provided by operating activities of $302.4 million, generating first-quarter Free cash flow(1) of $141.6 million. Announced a first-quarter distribution of $0.856 per unit, which includes the Partnership's Base Distribution of $0.500 per unit, as well as an Enhanced Distribution of $0.356 per unit. Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced first-quarter 2023 financial and operating results. Net income (loss) attributable to limited partners for th
- Western Midstream Announces First-Quarter 2023 Distribution, 2022 Enhanced Distribution, and First-Quarter 2023 Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.856 per unit for the first quarter of 2023. This distribution includes the Partnership's quarterly Base Distribution of $0.500 per unit, which is consistent with the Partnership's previously disclosed annualized Base Distribution target of $2.00 per unit, as well as an Enhanced Distribution of $0.356 per unit, which pertains to the Partnership's 2022 financial performance. The distribution is payable on May 15, 2023, to unitholders of record at the close of business on May 1, 2023. The Partnership plans to re
- Western Midstream Announces Fourth-Quarter and Full-Year 2022 ResultsAnnounces 2023 Guidance and 2022 Enhanced Distribution Expectation Reported fourth-quarter 2022 Net income attributable to limited partners of $328.6 million, generating fourth-quarter Adjusted EBITDA(1) of $515.8 million. Reported full-year 2022 Net income attributable to limited partners of $1.190 billion, generating full-year Adjusted EBITDA(1) of $2.128 billion, achieving the full-year 2022 Adjusted EBITDA guidance range of $2.125 billion to $2.225 billion. Reported fourth-quarter 2022 Cash flows provided by operating activities of $489.2 million, generating fourth-quarter Free cash flow(1) of $365.6 million. Reported full-year 2022 Cash flows provided by operating activities of
- Western Midstream Announces Fourth-Quarter 2022 Distribution and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the fourth quarter of 2022. This distribution is in line with the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution ("Base Distribution") target of $2.00 per unit. WES's fourth-quarter 2022 distribution is payable February 13, 2023, to unitholders of record at the close of business on February 1, 2023. The Partnership plans to report its fourth-quarter and full-year 2022 results after market close on Wednesday, F
- Western Midstream Announces Third-Quarter 2022 ResultsReported third-quarter 2022 Net income attributable to limited partners of $259.5 million, generating third-quarter Adjusted EBITDA(1) of $524.8 million. Reported third-quarter 2022 Cash flows provided by operating activities of $468.8 million, generating third-quarter Free cash flow(1) of $330.4 million. Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced third-quarter 2022 financial and operating results. Net income (loss) attributable to limited partners for the third quarter of 2022 totaled $259.5 million, or $0.67 per common unit (diluted), with third-quarter 2022 Adjusted EBITDA(1) totaling $524.8 million, third-quarter 2022 Cash flows provided
- Western Midstream Announces Third-Quarter 2022 Distribution and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the third quarter of 2022. This distribution is in line with the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution ("Base Distribution") target of $2.00 per unit. WES's third-quarter 2022 distribution is payable November 14, 2022, to unitholders of record at the close of business on October 31, 2022. The Partnership plans to report its third-quarter 2022 results after market close on Wednesday, November 2, 2022.
- Western Midstream Announces Second-Quarter 2022 ResultsReported second-quarter 2022 Net income attributable to limited partners of $299.6 million, generating second-quarter record-breaking Adjusted EBITDA(1) of $548.3 million. Reported second-quarter 2022 Cash flows provided by operating activities of $467.0 million, generating second-quarter Free cash flow(1) of $372.1 million. Repurchased 17.1 million common units for aggregate consideration of $425.4 million year-to-date through July 29, 2022. Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced second-quarter 2022 financial and operating results. Net income (loss) attributable to limited partners for the second quarter of 2022 totaled $299.6 million,
- Western Midstream Announces Second-Quarter 2022 Distribution and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the second quarter of 2022. This distribution is in line with the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution ("Base Distribution") target of $2.00 per unit. WES's second-quarter 2022 distribution is payable August 12, 2022, to unitholders of record at the close of business on August 1, 2022. The Partnership plans to report its second-quarter 2022 results after market close on Wednesday, August 3, 2022. Man
- Western Midstream Announces First-Quarter 2022 ResultsAnnounces 2022 Revised Guidance Reported first-quarter 2022 Net income attributable to limited partners of $301.9 million, generating first-quarter record-breaking Adjusted EBITDA(1) of $539.1 million. Reported first-quarter 2022 Cash flows provided by operating activities of $276.5 million, generating first-quarter Free cash flow(1) of $200.3 million. Increased 2022 Adjusted EBITDA(2) guidance range to $2.125 billion to $2.225 billion, total capital expenditures(3) range to $550 million to $600 million, and Free cash flow(2) range to $1.25 billion to $1.35 billion. The distribution guidance of at least $2.00(4) per unit remains unchanged. Today Western Midstream Partners, LP (NYS
- Western Midstream Announces First-Quarter 2022 Distribution Increase and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the first quarter of 2022. This distribution represents a 53-percent increase over the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution ("Base Distribution") target of $2.00 per unit. WES's first-quarter 2022 distribution is payable May 13, 2022, to unitholders of record at the close of business on May 2, 2022. The Partnership plans to report its first-quarter 2022 results after market close on Tuesday, May 10,
- Western Midstream Announces Fourth-Quarter and Full-Year 2021 ResultsAnnounces 2022 Guidance and Annual Enhanced Distribution Framework Western Midstream Partners, LP (NYSE:WES): Reported fourth-quarter 2021 Net income attributable to limited partners of $238.2 million, generating fourth-quarter Adjusted EBITDA(1) of $480.9 million, which included $26.2 million of an unfavorable non-cash revenue adjustment. Reported full-year 2021 Net income attributable to limited partners of $896.5 million, generating full-year Adjusted EBITDA(1) of $1.947 billion, exceeding the high end of full-year 2021 Adjusted EBITDA guidance range of $1.825 billion to $1.925 billion. Reported fourth-quarter 2021 Cash flows provided by operating activities of $661.9 million, gen
- Western Midstream Announces Fourth-Quarter 2021 Distribution Increase and Earnings Conference CallToday Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.327 per unit for the fourth quarter of 2021. This distribution represents a 1.3-percent increase over the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized 2021 distribution growth rate of 5-percent. WES's fourth-quarter 2021 distribution is payable February 14, 2022, to unitholders of record at the close of business on January 31, 2022. In addition, the Partnership plans to engage with its board of directors regarding its financial policy, inclusive of its 2
- Western Midstream Announces Third-Quarter 2021 ResultsHOUSTON, Nov. 9, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced third-quarter 2021 financial and operating results. Net income (loss) available to limited partners for the third quarter of 2021 totaled $250.2 million, or $0.61 per common unit (diluted), with third-quarter 2021 Adjusted EBITDA(1) totaling $531.6 million, third-quarter 2021 Cash flows provided by operating activities totaling $391.3 million, and third-quarter 2021 Free cash flow(1) totaling $320.0 million. RECENT HIGHLIGHTS Executed a debt tender offer and repaid $500.0 million of Senior notes due 2022, 2023, 2025, and 2026 for an aggregate purchase price of approxim
- Western Midstream Announces Third-Quarter 2021 Distribution Increase And Earnings Conference CallHOUSTON, Oct. 22, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.323 per unit for the third quarter of 2021. This distribution represents a 1.3-percent increase over the prior quarter's distribution and is consistent with an annualized distribution growth of 5-percent. WES's third-quarter 2021 distribution is payable November 12, 2021, to unitholders of record at the close of business November 1, 2021. The Partnership plans to report its third-quarter 2021 results after market close Tuesday, November 9, 2021. Management will host a conf
- Western Midstream Announces Second-Quarter Post-Earnings Interview With CEO, Michael UreHOUSTON, Aug. 13, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) announced that after market close on Monday, August 16, 2021, it will make available on its website at www.westernmidstream.com a post-earnings interview with Michael Ure, President and Chief Executive Officer, to provide additional insight related to second-quarter results. On August 18, 2021, and August 19, 2021, Michael Ure and Craig Collins, Senior Vice President and Chief Operating Officer, will participate in one-on-one sessions at the Citi 2021 One-on-One Midstream/ Energy Infrastructure Virtual Conference. On September 8, 2021, Michael Ure will participate in one-on-one sessions and a fireside cha
- Western Midstream Announces Second-Quarter 2021 ResultsHOUSTON, Aug. 9, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced second-quarter 2021 financial and operating results. Net income (loss) available to limited partners for the second quarter of 2021 totaled $226.3 million, or $0.55 per common unit (diluted), with second-quarter 2021 Adjusted EBITDA(1) totaling $491.1 million, second-quarter 2021 Cash flows provided by operating activities totaling $452.1 million, and second-quarter 2021 Free cash flow(1) totaling $379.8 million. RECENT HIGHLIGHTS Achieved record DJ Basin gas throughput of 1.4 Bcf/d for the second quarter, representing a 5-percent sequential-quarter increase. Executed
- Western Midstream Announces Second-Quarter 2021 Distribution Increase And Earnings Conference CallHOUSTON, July 20, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.319 per unit for the second quarter of 2021. This distribution represents a 1.3-percent increase over the prior quarter's distribution and is consistent with an annualized distribution growth of 5-percent. WES's second-quarter 2021 distribution is payable August 13, 2021, to unitholders of record at the close of business July 30, 2021. The Partnership plans to report its second-quarter 2021 results after market close Monday, August 9, 2021. Management will host a conferenc