Western Gas Partners

Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Western Midstream achieves record earnings, eyes growth amid operational challenges

Western Midstream Partners delivered strong financial results in 2022, with record net income and adjusted EBITDA.
Despite challenges in Q4 2022, the company remains focused on growth opportunities and returning capital to stakeholders.
Strategic agreements, debt retirement, and unit repurchases showcase commitment to enhancing shareholder value and financial strength.
Continued evaluation of M&A opportunities and focus on operational efficiency position the company for sustained success in the future.

Western Gas Partners (WES) faces operational challenges amidst financial strength

Western Gas Partners (WES) reported increased throughput but a sequential decline in adjusted EBITDA, highlighting operational challenges. Despite this, the company demonstrated financial strength through liquidity enhancements and an enhanced distribution payment. WES aims to capitalize on opportunities by maintaining guidance, assessing processing needs, and focusing on capital return.

Western Gas Partners reports Q2 challenges and opportunities for growth

Q2 2023 showed growth in throughput but a decline in adjusted EBITDA due to higher expenses and operational challenges.
WES focuses on maintaining reliability, customer service, and stable contracts while aiming for balance sheet strength and sustainable growth.
Challenges include slower throughput growth impacting guidance and operational hurdles discussed in the Q&A session.
Opportunities lie in debt reduction, capital-efficient expansions, and a balanced approach to capital return for future growth.

Western Gas Partners excels in Q3, eyes growth in 2024

Western Gas Partners delivered a strong Q3 performance with increased throughput and improved margins, showcasing financial strength through strategic financial moves. Challenges include managing capital allocation amidst growth opportunities. The company is well-positioned for growth in 2024 with a focus on organic projects and acquisition synergies.

Western Gas Partners boosts distributions, eyes growth in key markets

Western Gas Partners' strategic divestments, distribution increases, and focus on operational efficiency position the company for sustained growth. Despite challenges in credit rating maintenance and operational transitions, opportunities in growth markets and cost savings offer avenues for continued success.

Western Gas Partners (WES) reports record Q1 earnings and growth opportunities

Western Gas Partners (WES) excelled in Q1 2024, showcasing record financial performance and operational achievements. The company's strategic focus on optimizing the MLP model, generating free cash flow, and strengthening distribution returns positions it well in the midstream sector. While challenges exist in managing capital expenditures and leverage, WES is poised for growth and profitability.

Western Gas Partners (WES) excels in Q3, eyes growth amid challenges

Western Gas Partners (WES) delivered a strong performance in Q3 2024, with a focus on increasing natural gas throughput, financial strength, and strategic initiatives under new leadership. While facing challenges in moderated growth and regulatory uncertainties, the company remains optimistic about its financial outlook and investment opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Western Midstream Partners LP engages in the ownership, operation, acquisition, and development of midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers. The company was founded in 2007 and is headquartered in The Woodlands, TX.

The high-yielding MLP continues to tumble.

Why Units of Western Midstream Slumped Another 16% in January

Phillips 66

WES vs. PSXP: Which Stock Is the Better Value Option?

Occidental Petroleum

Occidental (OXY) continues to make financial and strategic moves to lower debt level, and strengthen operations and profitability.

Occidental Makes Tactical Move to Cut Western Midstream Stake

Occidental Petroleum Corp  said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP  to less than 50% in 2020, to reduce its debt that grew significantly with the Anadarko Petroleum Corp deal.

Occidental to cut Western Midstream stake to reduce debt

Western Midstream: Occidental Fears Have Made It Undervalued

Western Midstream believes it has plenty of payout fuel left.

This 13.7%-Yielding Stock Plans to Keep Increasing Its Dividend in 2020

Western Midstream offers dividend investors an appealing combination of a double-digit yield and growth rate.

This Ultra-High-Yield Stock Sees More Growth Ahead

Western Midstream Partners LP (WES) CEO Michael Ure on Q3 2019 Results - Earnings Call Transcript

Calumet Inc

Global Partners

Sunoco

Oil & Gas Refining & Marketing MLP Industry: A Steady Growth Story

The midstream company’s parent is pausing the sales process.

With Its Sale Plan Shelved, Is This 10.4%-Yielding Dividend Stock Worth Buying?

Western Midstream Partners has been beaten up by the market since reporting 2Q results.

Western Midstream Partners Has Upside Potential

Antero Midstream Partners

Icahn Enterprises

National CineMedia

New Media Investment Group

Annaly Capital

New Residential Investment

Tanger Factory Outlet Centers

Investors love their dividends. These payouts over time can supplement income needs for retirement, and they also can be reinvested to grow total returns over many years.

8 Dividends Yields of 10% and Higher That May Have Upside Potential

Western Midstream Partners, LP (WES) CEO Robin Fielder on Q2 2019 Results - Earnings Call Transcript

The MLP isn't as optimistic as it was earlier this year.

Why Units of Western Midstream Are Sinking Today

Anadarko Petroleum

Occidental Petroleum is reportedly shopping the MLP it will acquire in the Anadarko deal.

This High-Yield Stock Could Become a High-Profile Acquisition Target

Chevron

The oil giant is getting more than just additional land in the Permian Basin.

Chevron Is Getting a Hidden Gem in the Anadarko Deal

Western Gas Equity Partners (WES) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

Western Gas Partners (WES) Jumps: Stock Rises 8.4%

Blueknight Energy Partners, L.P.

Cypress Energy Partners

Crestwood Equity Partners

EnLink Midstream

Enterprise Products Partners

EQT Midstream Partners

Kinder Morgan

ONEOK

SemGroup

Summit Midstream Partners LP

Sprague Resources

Tellurian

Tallgrass Energy LP - Ordinary Shares - Class A

Targa Resources

USA Compression Partners

Williams

Midstream and MLPs were unchanged on the week, but finished strong along with the rest of the energy sector after the mega-merger announcement by Chevron Friday morning.

Getting To Yes

With its simplification transaction complete, the newly named Western Midstream Partners looks like a compelling option for income-seeking investors.

This Little-Known High-Yield Stock Is Starting to Look Very Attractive

News for Western Gas Partners Stock (WES)