Western Midstream Announces Fourth-Quarter And Full-Year 2020 Results

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Western Midstream Partners, LP (WES) Tops Q4 EPS by 4c, Revenues Miss

February 23, 2021 4:17 PM EST

Western Midstream Partners, LP (NYSE: WES) reported Q4 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $647.48 million versus the consensus estimate of $687.27 million.

RECENT HIGHLIGHTS

Strengthened operational performance by maintaining system availability above 99-percent for full-year 2020Repurchased 2,368,711 common units for aggregate consideration of $32.5 million during the fourth quarter as part of the recently announced buyback program of up to $250 million of the Partnership's common units through December 31,... More