Western Midstream Partners, LP (WES) Misses Q1 EPS by 10c, Revenues Beat

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Western Midstream Announces First-Quarter 2021 Results

May 10, 2021 4:05 PM EDT

HOUSTON, May 10, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter 2021 financial and operating results. Net income (loss) available to limited partners for the first quarter of 2021 totaled $181.8 million, or $0.44 per common unit (diluted), with first-quarter 2021 Adjusted EBITDA(1) totaling $443.1 million, first-quarter 2021 Cash flows provided by operating activities totaling $261.6 million, and first-quarter 2021 Free cash flow(1) totaling $213.8 million.

RECENT HIGHLIGHTS

Awarded first place in the division-one category by the GPA Midstream Association for outstanding safety performance in 2020 Repaid the 5.375% Senior Notes due 2021 at... More