Every 10-Q that Western Midstream Partners Lp (WES) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WES and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WES filings page.
Western Midstream Partners, LP reported strong mid‑2026 results, with Q2 2026 revenues of $1.22 billion versus $942.3 million a year earlier and net income of $415.3 million versus $350.8 million. For the first six months, revenues were $2.35 billion and net income $774.3 million, both above 2025 levels.
The partnership closed the $1.67 billion Brazos Delaware acquisition, adding 900 miles of pipeline and 460 MMcf/d of processing capacity, and continues integrating the 2025 Aris water acquisition. Total assets rose to $16.32 billion, supported by $506.1 million of capital expenditures. Debt increased to a carrying value of $9.05 billion, including new 5.700% Senior Notes due 2036 and $163.3 million of commercial paper. The partnership raised its quarterly distribution to $0.93 per unit, with Q2 2026 cash distributions of $392.7 million.
Western Midstream Partners, LP reported strong first-quarter 2026 growth. Total revenues and other rose to $1,123.6 million from $917.1 million a year earlier, driven mainly by higher fee-based service revenues and significantly higher product sales.
Net income attributable to Western Midstream Partners, LP increased to $350.3 million from $309.0 million, with basic net income per common unit up to $0.86 from $0.79. Cash from operating activities was $469.9 million, while capital expenditures rose to $235.7 million. The partnership ended March 31 2026 with $647.5 million in cash and cash equivalents and total assets of $14.9 billion. The quarterly cash distribution increased to $0.930 per common unit. The report also highlights integration of the $2.0 billion Aris Water Solutions acquisition and a subsequent agreement to acquire Brazos Delaware in a $1.6 billion cash-and-equity transaction.
Western Midstream Partners (WES) reported stronger Q3 2025 results. Total revenues were $952.5 million, up from $883.4 million a year ago, driven mainly by higher fee‑based service revenues of $868.3 million. Operating income rose to $441.6 million from $395.9 million, and net income attributable to WES increased to $339.6 million versus $288.5 million. Diluted net income per common unit was $0.87, compared with $0.74 in Q3 2024.
Year‑to‑date, cash from operating activities reached $1.665 billion, with capital expenditures of $505.8 million and financing outflows of $2.102 billion reflecting debt repayment and cash distributions. Cash ended at $177.3 million. The quarterly cash distribution was $0.910 per unit for Q3 2025. Long‑term debt carrying value was $6.924 billion. As a subsequent event, WES acquired Aris Water Solutions, Inc. on October 15, 2025. Management notes ongoing discussions with Occidental regarding certain DJ Basin oil‑gathering rate provisions; an adverse outcome could negatively affect results.