Welcome to our dedicated page for Western Midstream Partners Lp SEC filings (Ticker: WES), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Western Midstream Partners, LP (WES) SEC filings page on Stock Titan provides access to the partnership’s regulatory disclosures, including current reports, registration statements, and other documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on WES’s midstream operations, financing activities, and significant transactions.
Recent Form 8-K filings illustrate how WES uses SEC reports to document material events. An 8-K dated October 15, 2025, describes the completion of WES’s transaction with Aris Water Solutions, Inc., outlining the merger structure, the forms of consideration available to Aris securityholders, and the total cash and common units issued. Another 8-K dated December 4, 2025, details the issuance by Western Midstream Operating, LP of 4.800% Senior Notes due 2031 and 5.500% Senior Notes due 2035, including key terms of the notes, the governing indenture, and the intended use of proceeds.
Additional 8-K filings cover topics such as results of operations and financial condition, where WES furnishes press releases announcing quarterly results and references slide presentations made available on its website. Other filings describe entry into material definitive agreements, including the Agreement and Plan of Merger with Aris and related support agreements, as well as amendments to partnership and financing arrangements.
On this page, Stock Titan pairs WES’s raw SEC documents with AI-powered summaries that explain the main points of each filing in plain language. Users can quickly see how new senior notes affect the capital structure, how mergers and acquisitions are structured, and what key terms appear in indentures and merger agreements. Real-time updates from EDGAR, combined with simplified explanations of forms such as 8-K and registration statements, help investors and researchers understand Western Midstream’s regulatory disclosures without reading every page of each filing.
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.
Western Midstream Partners, LP (WES) filed an 8-K stating it issued a press release announcing third-quarter 2025 results. The company also made the slide presentation for its upcoming earnings call available on its website. The press release is furnished as Exhibit 99.1, with the cover page interactive data file listed as Exhibit 104.
Western Midstream Partners (WES) reported an insider equity transaction by its President & CEO and Director. On 10/28/2025, the reporting person converted equity awards into 52,660 common units at $0 (code M), then had 20,722 units withheld for taxes at $38.78 (code F). Following these transactions, the reporting person directly owned 71,928 common units.
Derivative awards reported as beneficially owned after the transactions include 105,318 2024 Phantom Units, 72,063 2025 Phantom Units, and performance-based units of 36,032 (ROA) and 36,032 (TUR). The phantom units are economically equivalent to one common unit and vest over three years, with distribution equivalent rights paid in cash as they vest.
Western Midstream Partners, LP filed a Form S-8 to register 4,903,998 common units for delivery under its 2021 Long Term Incentive Plan, pursuant to General Instruction E.
The filing follows the completion of mergers in which Aris Water Solutions, Inc. and Aris Water Holdings, LLC became subsidiaries. At the merger’s effective time, Western Midstream assumed the outstanding unused share reserve under the Aris 2021 Equity Incentive Plan, with each outstanding share of Aris Class A common stock converted into 0.625 Western Midstream common units, and those Assumed Units will be incorporated into the Plan. The company incorporates by reference its prior Form S-8 from August 20, 2021, which registered 11,875,000 common units under the same plan.
Western Midstream Partners (WES) completed its merger with Aris Water Solutions. At closing, Aris holders could elect consideration per share/unit of either 0.625 WES common units, $25.00 cash (subject to proration), or a mixed option of 0.450 units plus $7.00 cash. Elections were: 14,385,652 for units, 33,801,151 for cash, and 11,017,951 for the mixed option.
Based on these elections, WES issued approximately 26.6 million common units and paid $415.0 million in cash, reaching the maximum cash consideration under the merger agreement, which triggered proration for cash electors. WES registered the unit issuance on Form S-4. WES also assumed Aris OpCo’s 7.250% senior notes due 2030 at the operating partnership level and will amend and restate the WES OpCo partnership agreement to provide for the issuance of preferred units.
Schedule 13G/A shows that Alerian MLP ETF and ALPS Advisors, Inc. report shared voting and dispositive power over substantial stakes in Western Midstream Partners LP common units. Alerian MLP ETF holds 34,395,602 units, representing
Aris and WES have entered into a proposed merger documented in this S-4/A describing an equity-for-unit combination and related governance, tax and employee outcomes. The filing discloses that certain Aris restricted stock units and performance stock units held by non-continuing employees or non-employee directors will be cashed out at $25.00 per Aris share/unit (plus accrued dividend equivalents) at the Effective Time.
The document includes non-public, unaudited internal forecasts for Aris for 2025–2029 showing multiple line items: 2025E–2029E: $227, $247, $267, $290, $296; a second series $484, $512, $549, $587, $602; and a third series 91, 71, 48, 46, 45 (each series presented in the filing). It also shows implied per-share valuation ranges (e.g., $20.60–$27.60 and $23.90–$28.00) and specific implied consideration comparisons such as $24.86–$24.90 and referenced per-share values.
The Merger Agreement contemplates deal protections, non-solicitation provisions with limited exceptions, potential expense reimbursement to the WES parties of up to $11,875,000, and discusses Tax Receivable Agreement termination considerations including a potential discounted TRA termination payment of approximately $80.0 million referenced in committee discussions. The filing also details voting mechanics (broker non-votes count as votes "AGAINST" the Merger Agreement Proposal) and numerous employee benefit, tax and withholding consequences for holders and unitholders.
Proxy statement/prospectus excerpt relating to the proposed merger of Aris and WES (S-4) describes the Merger Agreement economics, shareholder election mechanics and related tax and governance consequences. The Merger Consideration is presented in cash, unit and mixed election forms with implied per-share values referenced at approximately $25.00, $24.86 and $24.90; other referenced values include $39.78 and $20.18 in comparative tables. Aris provided internal, non-public forecasts for 2025–2029 (sample values shown: 2025E $227, 2026E $247, 2027E $267, 2028E $290, 2029E $296), and Citi-derived implied per-share ranges (e.g., $20.60–$27.60 and illustrative ranges around $23.90–$28.00).
The document also discloses material deal mechanics and risks: securityholder election procedures and deadlines, tax considerations including potential recognition of "built-in gain" for former Aris holders, withholding and reporting rules for Non-U.S. unitholders, a possible discounted TRA termination payment discussed at $80.0 million, and an expense reimbursement cap for WES parties up to $11,875,000. Governance and voting rules (including broker non-votes treated as "AGAINST") and executive severance/vesting treatments are summarized.