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WESTERN MIDSTREAM ANNOUNCES FIRST-QUARTER 2025 RESULTS
Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter financial and operating results. Net income (loss) attributable to limited partners for the first quarter of 2025 totaled $301.8 million, or $0.79 per common unit (diluted), with first-quarter 2025 Adjusted EBITDA(1) totaling $593.6 million. First-quarter 2025 Cash flows provided by operating activities totaled $530.8 million, and first-quarter 2025 Free Cash Flow(1) totaled $399.4 million. Firs
About this update from Western Midstream Partners, Lp
[{"type":"list","items":[{"val":[{"type":"text","content":"Reported first-quarter 2025 Net income attributable to limited partners of $301.8 million, generating first-quarter Adjusted EBITDA(1) of $593.6 million.","length":153,"tagName":"p"}]},{"val":[{"type":"text","content":"Reported first-quarter 2025 Cash flows provided by operating activities of $530.8 million, generating first-quarter Free Cash Flow(1) of $399.4 million.","length":152,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced a first-quarter distribution of $0.910 per unit, which is 4-percent higher than the prior quarter's distribution, or $3.64 per unit on an annualized basis, and in-line with prior management commentary.","length":215,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":520,"olType":false},{"type":"text","content":"HOUSTON, May 7, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter financial and operating results. Net income (loss) attributable to limited partners for the first quarter of 2025 totaled $301.8 million, or $0.79 per common unit (diluted), with first-quarter 2025 Adjusted EBITDA(1) totaling $593.6 million. First-quarter 2025 Cash flows provided by operating activities totaled $530.8 million, and first-quarter 2025 Free Cash Flow(1) totaled $399.4 million. First-quarter 2025 capital expenditures(3) totaled $163.6 million.","length":619,"tagName":"p"},{"type":"text","content":"FIRST-QUARTER HIGHLIGHTS","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Gathered record natural-gas throughput in the Delaware Basin of 2.0 Bcf/d, representing a modest sequential-quarter increase.","length":130,"tagName":"p"}]},{"val":[{"type":"text","content":"Completed the start-up of the North Loving natural-gas processing plant in late-February, increasing WES's operated, nameplate natural-gas processing capacity by 250 MMcf/d to approximately 2.2 Bcf/d at our West Texas complex in the Delaware Basin.","length":257,"tagName":"p"}]},{"val":[{"type":"text","content":"Placed steel pipe order necessary to construct the Pathfinder Pipeline from a domestic steel mill, protecting the project's targeted returns by minimizing the impact from tariffs.","length":183,"tagName":"p"}]},{"val":[{"type":"text","content":"Retired $...