[Form 4] Western Midstream Partners, LP Insider Trading Activity
Rhea-AI Filing Summary
Western Gas Resources, Inc., an Occidental Petroleum affiliate, transferred and surrendered 15,307,402 common units of Western Midstream Partners to the partnership on February 3, 2026 under a Unit Redemption Agreement tied to amendments of operating agreements.
After this transaction, WGRI holds 140,912,118 common units, APC Midstream Holdings, LLC holds 457,849 common units, and Anadarko USH1 Corporation holds 9,004,209 common units, all through a chain of entities that are wholly owned, directly or indirectly, by Occidental.
Positive
- None.
Negative
- None.
Insights
Occidental affiliates redeemed 15,307,402 Western Midstream units with the issuer.
The filing shows Western Gas Resources, Inc. entered a Unit Redemption Agreement and on February 3, 2026 surrendered 15,307,402 Western Midstream common units to the issuer. The transaction is coded "J", indicating an event such as a redemption or other non-open-market transfer at a stated price of 0.0000 per unit.
Following the redemption, Occidental’s affiliate structure still collectively holds large positions: WGRI with 140,912,118 units, APC Midstream Holdings, LLC with 457,849, and Anadarko USH1 Corporation with 9,004,209. All are wholly owned, directly or indirectly, by Occidental Petroleum Corporation, so changes mainly affect how ownership is held within this corporate group rather than introducing a new outside holder.
The arrangement is tied to amendments to existing operating agreements, so future company disclosures about those amended terms may clarify how governance or economic rights evolve after this redemption.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | COMMON UNITS (LIMITED PARTNER INTERESTS) | 15,307,402 | $0.00 | -- |
Footnotes (1)
- On January 16, 2026, Western Gas Resources, Inc. ("WGRI") entered into a Unit Redemption Agreement with the Issuer and the other parties thereto, pursuant to which WGRI transferred and surrendered on February 3, 2026 an aggregate of 15,307,402 common units representing limited partner interests in the Issuer (the "Common Units") to the Issuer in connection with certain amendments to existing operating agreements, as described in the Unit Redemption Agreement. Following the transaction reported herein, WGRI holds 140,912,118 Common Units, APC Midstream Holdings, LLC ("APCMH") holds 457,849 Common Units and Anadarko USH1 Corporation ("AUSHI") holds 9,004,209 Common Units. WGRI also is the sole member of Western Midstream Holdings, LLC, the 2% economic general partner of the Issuer. OXY USA Inc. ("OXY USA") is a wholly owned subsidiary of Occidental Petroleum Corporation ("Occidental"). OXY USA owns 100% of the outstanding common stock of OXY Oil Partners, Inc. ("OOP"). OOP owns 100% of the outstanding common stock of Baseball Merger Sub 2, Inc. ("BMS"). Anadarko Petroleum Corporation ("APC") is a wholly owned subsidiary of BMS. APC owns (i) 100% of Anadarko Holding Company ("AHC") and (ii) indirectly, 100% of the common stock of WGRI and Kerr-McGee Corporation ("KMG"). WGRI is the sole member of APCMH. KMG and AHC together own 100% of the common stock of Kerr-McGee Worldwide Corporation ("KMWW"), and APC and KMWW together indirectly own 100% of the common stock of AUSH1. Accordingly, OXY USA, OOP, BMS, APC, AHC, WGRI, AUSH1, KMG, APCMH and KMWW are all direct or indirect wholly owned subsidiaries of Occidental.