Western Midstream Partners, LP (WES) Tops Q4 EPS by 4c, Revenues Miss
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Western Midstream Announces Fourth-Quarter And Full-Year 2020 Results
February 23, 2021 4:15 PM ESTHOUSTON, Feb. 23, 2021 /PRNewswire/ --Â Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced fourth-quarter and full-year 2020 financial and operating results. Net income (loss) available to limited partners for the fourth quarter of 2020 totaled $258.2 million, or $0.62 per common unit (diluted), with fourth-quarter 2020 Adjusted EBITDA(1) totaling $484.0 million, fourth-quarter 2020 Cash flows from operating activities totaling $505.5 million, and fourth-quarter 2020 Free cash flow(1) totaling $464.7 million. Net income (loss) available to limited partners for 2020 totaled $515.9 million, or $1.18 per common unit (diluted), with full-year 2020 Adjusted EBITDA(1) totaling $2.0 billion, full-year 2020 Cash flows from operating activities totaling $1.6 billion, and... More
