Western Midstream Partners (WES) Registration filing summary
Event summary combining transcript, slides, and related documents.
Registration filing summary
28 Jul, 2026Company overview and business model
Operates as a Delaware master limited partnership focused on acquiring, owning, developing, and operating midstream assets, primarily through its 98.2% interest in Western Midstream Operating.
Formed in 2012, with consolidated financials including Western Midstream Operating.
Principal executive offices are in The Woodlands, Texas.
Financial performance and metrics
Consolidated financial statements for the years ended December 31, 2025 and 2024, and management's assessment of internal controls as of December 31, 2025, are incorporated by reference.
Use of proceeds and capital allocation
Will not receive any proceeds from the sale of common units by the selling unitholders; all proceeds go to the selling unitholders.
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Latest events from Western Midstream Partners
- Guidance raised on record EBITDA, expansion projects, and major water reuse initiative.WES
Status update - Targeting 12-14% annual equity returns with $2.75B–$2.95B 2026 EBITDA and robust capital returns.WESInvestor presentation
- Record Q2 results and raised 2026 guidance reflect strong throughput and margin expansion.WESQ2 2026
- Brazos acquisition boosts Delaware Basin scale and EBITDA, supporting high-end guidance and distributions.WESInvestor update
- Record Q1 2026 EBITDA, major acquisition, and strong outlook for Delaware Basin growth.WESQ1 2026
- 2025 outperformed guidance; 2026 targets growth, cost discipline, and higher distributions.WESFireside chat
- Record 2025 financials, Aris integration, and strong 2026 guidance highlight continued growth.WESQ4 2025
- Contract amendments and cost initiatives drive diversification, savings, and future growth.WESFireside chat
- Record Q2 2024 throughput, strong cash flow, and asset sales drive high-end guidance.WESQ2 2024