Western Midstream Partners, LP (WES) Misses Q3 EPS by 17c, Revenues Miss

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Go back to Western Midstream Partners, LP (WES) Misses Q3 EPS by 17c, Revenues Miss

Western Midstream Announces Third-Quarter 2019 Results

November 4, 2019 4:15 PM EST

HOUSTON, Nov. 4, 2019 /PRNewswire/ -- Today, Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced third-quarter 2019 financial and operating results. Net income (loss) available to limited partners for the third quarter of 2019 totaled $121.2 million, or $0.27 per common unit (diluted), with third-quarter 2019 Adjusted EBITDA(1) totaling $410.2 million and third-quarter 2019 Distributable cash flow(1) totaling $304.4 million.

RECENT HIGHLIGHTS

Achieved record West Texas Complex gas throughput of 1.27 Bcf/d for third quarter, representing an 8% sequential-quarter increase Achieved record Delaware Basin water throughput of 580 MBbls/d for third quarter,... More