Western Midstream Partners, LP (WES) Tops Q2 EPS by 13c, Misses on Revenue

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WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2024 RESULTS

August 7, 2024 4:15 PM EDT

Reported second-quarter 2024 Net income attributable to limited partners of $369.8 million, generating second-quarter Adjusted EBITDA(1) of $578.1 million.Reported second-quarter 2024 Cash flows provided by operating activities of $631.4 million, generating second-quarter Free cash flow(1) of $424.8 million.Announced a second-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which is in-line with the prior-quarter's Base Distribution.

HOUSTON, Aug. 7, 2024... More