Western Midstream Announces First-Quarter 2026 Distribution and Earnings Conference Call

Rhea-AI Summary

Western Midstream (NYSE: WES) declared a quarterly cash distribution of $0.93 per unit for Q1 2026, equal to $3.72 annualized, a 2.2% increase versus the prior quarter. The distribution is payable May 15, 2026, to unitholders of record at close May 1, 2026.

The Partnership will report Q1 2026 results after market close on May 6, 2026, and will host an earnings conference call on May 7, 2026 at 9:00 a.m. Central (10:00 a.m. Eastern) with dial-in and webcast access; a replay will be available on the investor website.

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HOUSTON, 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 will host a conference call on Thursday, May 7, 2026, at 9:00 a.m. Central (10:00 a.m. Eastern) to discuss the Partnership's quarterly results. Participants are encouraged to dial into the conference call ten to fifteen minutes before the scheduled start time to avoid any delays entering the call. The full text of the release announcing the results will be available on the Partnership's website at www.westernmidstream.com.

First-Quarter 2026 Results
Thursday, May 7, 2026
9:00 a.m. Central (10:00 a.m. Eastern)
Dial-in number: 888-880-3330
International dial-in number: 646-357-8766

To participate in WES's scheduled first-quarter earnings call, please refer to the above-listed dial-in information. To access the live audio webcast of the conference call, please visit the investor relations section of the Partnership's website at www.westernmidstream.com. A replay of the conference call will also be available on the website following the call.

ABOUT WESTERN MIDSTREAM

Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells natural gas, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.

For more information about WES, please visit www.westernmidstream.com.

This news release contains forward-looking statements. WES and its general partner believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release. These factors include our ability to meet distribution expectations and financial guidance; our ability to safely and efficiently operate WES's assets; the supply of, demand for, and price of oil, natural gas, NGLs, and related products or services; our ability to meet projected in-service dates for capital-growth projects; construction costs or capital expenditures exceeding estimated or budgeted costs or expenditures; and the other factors described in the "Risk Factors" section of WES's most-recent Form 10-K filed with the Securities and Exchange Commission and other public filings and press releases. WES undertakes no obligation to publicly update or revise any forward-looking statements.

Note regarding Non-United States Investors: This release is intended to be a qualified notice under Treasury Regulation Sections 1.1446-4(b) and 1.1446(f)-4. Brokers and nominees should treat one hundred percent (100.0%) of Western Midstream Partners, LP's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Western Midstream Partners, LP's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Furthermore, one hundred percent (100.0%) of Western Midstream Partners, LP's distributions to non-U.S. investors is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(iii). Brokers and nominees are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors. The CUSIP number of Western Midstream Partners, LP's common units is 958669 103.

WESTERN MIDSTREAM CONTACTS

Daniel Jenkins
Director, Investor Relations
Investors@westernmidstream.com
866-512-3523

Rhianna Disch
Manager, Investor Relations
Investors@westernmidstream.com
866-512-3523

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SOURCE Western Midstream Partners, LP

FAQ

What distribution did Western Midstream (WES) declare for Q1 2026 and when is it payable?

WES declared a $0.93 per unit Q1 2026 distribution payable on May 15, 2026. According to the company, the distribution is for unitholders of record at the close of business on May 1, 2026 and equals $3.72 on an annualized basis.

How much did WES's Q1 2026 distribution increase compared to the prior quarter?

The Q1 2026 distribution represents a 2.2% increase over the prior quarter. According to the company, this rise is in line with WES's previously announced expectations and maintains the Partnership's stated distribution pacing.

When will Western Midstream (WES) report Q1 2026 earnings and how can investors access the call?

WES will report Q1 2026 results after market close on May 6, 2026, with a conference call on May 7, 2026 at 9:00 a.m. Central. According to the company, investors can join by dial-in, webcast on the investor website, or access the replay after the call.

What are the dial-in numbers and webcast options for WES's May 7, 2026 earnings call?

The domestic dial-in is 888-880-3330 and international is 646-357-8766; a live webcast is on the investor site. According to the company, participants should dial in 10–15 minutes early to avoid delays entering the call.

Who is eligible to receive the May 15, 2026 distribution for Western Midstream (WES)?

Unitholders of record at the close of business on May 1, 2026 are eligible for the May 15 distribution. According to the company, eligible holders recorded by that date will receive the declared $0.93 per unit payment on the stated pay date.