Western Midstream Partners, LP reports news on a master limited partnership that develops, acquires, owns, and operates midstream energy assets in Texas, New Mexico, Colorado, Utah, and Wyoming. The partnership gathers, compresses, treats, processes, and transports natural gas; gathers, stabilizes, and transports condensate, NGLs, and crude oil; and provides produced-water gathering, transportation, recycling, treatment, and disposal services.
Recurring WES updates cover operating and financial results, throughput trends, capital spending, distributable cash flow, quarterly common-unit distributions, and management commentary after earnings. Company news also includes midstream contract amendments, common-unit and capital-structure actions, investor-conference participation, and produced-water expansion following the completed Aris Water Solutions acquisition.
Western Midstream Partners (NYSE: WES) has announced its second-quarter 2024 distribution and earnings conference call details. The company declared a quarterly cash distribution of $0.8750 per unit, maintaining the same level as the previous quarter. This equates to $3.50 on an annualized basis. The distribution is payable on August 14, 2024, to unitholders of record as of August 1, 2024.
WES will report its Q2 2024 results after market close on August 7, 2024. A conference call is scheduled for August 8, 2024, at 1:00 p.m. Central Time to discuss the quarterly results. Investors can access the call via phone or live audio webcast on the company's website. A replay of the call will be available on the website afterward.
Western Midstream Partners (NYSE: WES) announced the availability of its 2023 Schedule K-3 online for unitholders with international tax relevance. The form can be accessed on www.taxpackagesupport.com/westernmidstream. This information is important for a number of unitholders, especially foreign unitholders, those computing a foreign tax credit, and certain corporate or partnership unitholders. Unitholders can also request an electronic copy via email by calling Tax Package Support toll-free at 833-618-2034.
Western Midstream Partners, LP (NYSE: WES) announced an upcoming post-earnings interview with CFO Kristen Shults and SVP Danny Holderman to discuss first-quarter 2024 results. The company will also participate in investor conferences in the second quarter of 2024.
Western Midstream Partners, LP (NYSE: WES) reported first-quarter 2024 Net income of $559.5 million and Adjusted EBITDA of $608.4 million. They also announced a Base Distribution increase and completed a natural-gas processing project. The company is focused on reducing leverage and returning capital to stakeholders.
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