Western Midstream Partners, LP (WES) Tops Q2 EPS by 10c, Revenues Miss
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Western Midstream Announces Second-Quarter 2020 Results
August 10, 2020 4:05 PM EDTHOUSTON, Aug. 10, 2020 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced second-quarter 2020 financial and operating results. Net income (loss) available to limited partners for the second quarter of 2020 totaled $267.6 million, or $0.60 per common unit (diluted), with second-quarter 2020 Adjusted EBITDA(1) totaling $514.4 million, second-quarter 2020 Cash flows from operating activities totaling $345.7 million, and second-quarter 2020 Free cash flow(1) totaling $208.6 million.
SECOND-QUARTER HIGHLIGHTS
Gathered record Delaware Basin produced-water throughput of 773 MBbls/d, representing an 8-percent sequential-quarter increase Achieved record Delaware oil throughput of 202 MBbls/d, representing a 5-percent... More