Western Gas Partners LP (WES) Misses Q1 EPS by 20c, Revenues Beat

Go back to Western Gas Partners LP (WES) Misses Q1 EPS by 20c, Revenues Beat

Western Midstream Announces First-Quarter 2019 Results

April 30, 2019 4:21 PM EDT

HOUSTON, April 30, 2019 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") today announced first-quarter 2019 financial and operating results. Net income (loss) available to limited partners for the first quarter of 2019 totaled $118.7 million, or $0.30 per common unit (diluted), with first-quarter 2019 Adjusted EBITDA(1) of $428.3 million and first-quarter 2019 Distributable cash flow(1) of $340.2 million. Financial and operational information has been recast to include the financial position and results attributable to the assets acquired from Anadarko Petroleum Corporation in February 2019 (the "Anadarko Midstream Assets" or "AMA") as if WES had owned them for all periods... More