Western Midstream Partners, LP (WES) Misses Q2 EPS by 3c

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Western Midstream Announces Second-Quarter 2022 Results

August 3, 2022 4:05 PM EDT

Reported second-quarter 2022 Net income attributable to limited partners of $299.6 million, generating second-quarter record-breaking Adjusted EBITDA(1) of $548.3 million. Reported second-quarter 2022 Cash flows provided by operating activities of $467.0 million, generating second-quarter Free cash flow(1) of $372.1 million. Repurchased 17.1 million common units for aggregate consideration of $425.4 million year-to-date through July 29, 2022.

HOUSTON--(BUSINESS WIRE)-- Today Western Midstream Partners, LP (NYSE: WES) (WES or the Partnership) announced second-quarter 2022 financial and operating results. Net income (loss) attributable to limited partners for the second quarter of 2022 totaled $299.6 million, or $0.74 per common unit (diluted), with second-quarter 2022 Adjusted EBITDA(1) totaling $548.3... More