Western Midstream(WES) - 2021 Q4 - Earnings Call Presentation

Financial Performance - Western Midstream's Operating Cash Flow for FY 2021 was $1766.9 million[15] - Western Midstream's Free Cash Flow for FY 2021 was $1490.1 million[15] - Western Midstream's Free Cash Flow After Distributions for FY 2021 was $956.4 million[15] - Western Midstream's Net Income for FY 2021 was $896 million[15] - Western Midstream's Adjusted EBITDA for FY 2021 was $1947 million[15] Capital Allocation and Returns - Western Midstream retired $931 million in debt during FY 2021[17] - Western Midstream completed $250 million in unit repurchases since November 2020[17] - Western Midstream returned $1.2 billion in distributions to unitholders during 2020 and through December 31, 2021[23] - Western Midstream plans to pay $2.00 base distribution per unit annually[25] - Western Midstream expects to generate free cash flow between $1200 million and $1300 million in 2022[31] Operational Performance - Natural-Gas Throughput for FY 2021 was 4,148 MMcf/d[34] - Crude-Oil and NGLs Throughput for FY 2021 was 659 MBbls/d[34] - Produced-Water Throughput for FY 2021 was 703 MBbls/d[34]