Western Midstream(WES)
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Western Midstream(WES) - 2024 Q3 - Earnings Call Presentation
2024-11-07 19:17
Third-Quarter 2024 Review November 6, 2024 Forward-Looking Statements and Ownership Structure 2 | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Western Midstream(WES) - 2024 Q3 - Quarterly Report
2024-11-06 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to WESTERN MIDSTREAM PARTNERS, LP WESTERN MIDSTREAM OPERATING, LP (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | --- | - ...
Western Midstream(WES) - 2024 Q3 - Quarterly Results
2024-11-06 21:09
EXHIBIT 99.1 Western Midstream NEWS RELEASE WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2024 RESULTS • Reported third-quarter 2024 Net income attributable to limited partners of $281.8 million, generating (1) third-quarter Adjusted EBITDA of $566.9 million. • Reported third-quarter 2024 Cash flows provided by operating activities of $551.3 million, generating (1) third-quarter Free cash flow of $365.1 million. • Announced a third-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized ...
WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2024 RESULTS
Prnewswire· 2024-11-06 21:05
Reported third-quarter 2024 Net income attributable to limited partners of $281.8 million, generating third-quarter Adjusted EBITDA(1) of $566.9 million. Reported third-quarter 2024 Cash flows provided by operating activities of $551.3 million, generating third-quarter Free cash flow(1) of $365.1 million. Announced a third-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which is in-line with the prior-quarter's Base Distribution.HOUSTON, Nov. 6, 2024 /PRNewswire/ -- ...
Western Midstream (WES) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-10-28 23:20
In the latest market close, Western Midstream (WES) reached $37.98, with a -1.17% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%. Prior to today's trading, shares of the oil and gas transportation and storage company had gained 0.55% over the past month. This has outpaced the Oils-Energy sector's loss of 9.27% and lagged the S&P 500's gain of 2% in that time. The investment co ...
WESTERN MIDSTREAM APPOINTS OSCAR BROWN AS PRESIDENT AND CHIEF EXECUTIVE OFFICER
Prnewswire· 2024-10-28 21:00
Michael Ure Steps Down Following Successful Transformation of Western Midstream into Leading Midstream OperatorPartnership Reaffirms 2024 Adjusted EBITDA and Free Cash Flow GuidanceHOUSTON, Oct. 28, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced Oscar K. Brown, an independent director of Western Midstream Holdings, LLC, WES's general partner (the "General Partner"), has been appointed President and Chief Executive Officer of the General Partner, ...
Western Midstream (WES) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-10-21 23:20
The latest trading session saw Western Midstream (WES) ending at $38.32, denoting a -1.03% adjustment from its last day's close. This change lagged the S&P 500's 0.18% loss on the day. Meanwhile, the Dow experienced a drop of 0.8%, and the technology-dominated Nasdaq saw an increase of 0.27%.Shares of the oil and gas transportation and storage company have depreciated by 0.08% over the course of the past month, outperforming the Oils-Energy sector's loss of 8.08% and lagging the S&P 500's gain of 4.46%.Mark ...
Western Midstream: Pumping Out A Massive 9% Yield
Seeking Alpha· 2024-10-18 16:11
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today! Western Midstream Partners, LP (NYSE: WES ) offers one of the highest dividend yields in the midstream industry. Its very strong balance sheet and the high demand for it ...
WESTERN MIDSTREAM ANNOUNCES THIRD-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALL
Prnewswire· 2024-10-17 11:00
HOUSTON, Oct. 17, 2024 /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 ("Base Distribution") of $0.8750 per unit for the third quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's third-quarter 2024 Base Distribution is payable on November 14, 2024, to unitholders of record at the close of business on ...
Western Midstream (WES) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-15 23:21
Western Midstream (WES) ended the recent trading session at $38.80, demonstrating a -1.62% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.76%. Elsewhere, the Dow lost 0.75%, while the tech-heavy Nasdaq lost 1.01%. The the stock of oil and gas transportation and storage company has fallen by 0.88% in the past month, leading the Oils-Energy sector's loss of 4.09% and undershooting the S&P 500's gain of 4.31%. Market participants will be closely fol ...