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WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES 2024 GUIDANCE AND NON-CORE ASSET SALES FOR AGGREGATE PROCEEDS OF $790 MILLION

Wed, 21 Feb 2024 16:07:00 -0400

EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE

Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in multiple non-core assets for aggregate proceeds of $790 million and for an aggregate multiple of approximately 9.6 times 2023 Adjusted EBITDA.
Provided 2024 guidance ranges of $2.200 billion to $2.400 billion for Adjusted EBITDA⁽¹⁾, $700.0 million to $850.0 million for total capital expenditures⁽²⁾, and $1.050 billion to $1.250 billion for Free cash flow⁽¹⁾, all of which include the impact of the non-core asset divestitures.
As a result of WES's meaningful net leverage reduction, reduced unit count, and

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

HOUSTON, Jan. 22, 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 $0.5750 per unit for the fourth quarter of 2023, or $2.30 on an annualized basis, which is in line with the prior quarters' distribution. WES's fourth-quarter 2023 Base Distribution is payable on February 13, 2024, to unitholders of record at the close of business on February 1, 2024.

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2023 DISTRIBUTION AND EARNINGS CONFERENCE CALL

Mon, 22 Jan 2024 07:00:00 -0400

The Partnership plans to report its fourth-quarter 2023 results after market close on Wednesday,

Form S-8 Western Midstream Partne

Thu, 28 Feb 2019 17:20:00 -0400

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