Business
Western Midstream Announces First-Quarter 2026 Results
Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter 2026 financial and operating results. Net income (loss) attributable to limited partners for the first quarter of 2026 totaled $342.4 million, or $0.85 per common unit (diluted), with first-quarter 2026 Adjusted EBITDA(1) totaling $683.1 million and Distributable Cash Flow(1) totaling $508.9 million. First-quarter 2026 Cash flows provided by operating activities totaled $469.9 million and first-
About this update from Western Midstream Partners, Lp
[{"type":"list","items":[{"val":[{"type":"text","content":"Reported first-quarter 2026 Net income attributable to limited partners of $342.4 million, generating record first-quarter Adjusted EBITDA(1) of $683.1 million, which represents a 15-percent increase compared to the prior-year period, and first-quarter Distributable Cash Flow(1) of $508.9 million.","length":298,"tagName":"p"}]},{"val":[{"type":"text","content":"Reported first-quarter 2026 Cash flows provided by operating activities of $469.9 million, generating first-quarter Free Cash Flow(1) of $242.3 million.","length":152,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced a first-quarter distribution of $0.930 per unit, which is 2.2-percent higher than the prior quarter's distribution, or $3.72 per unit on an annualized basis, and in-line with prior management commentary.","length":217,"tagName":"p"}]},{"val":[{"type":"text","content":"Expecting to be towards the high-end of the 2026 Adjusted EBITDA(2) and Distributable Cash Flow(2) guidance ranges of $2.50 billion to $2.70 billion and $1.85 billion to $2.05 billion, respectively, should the current crude-oil and NGLs pricing environment continue.","length":266,"tagName":"p"}]},{"val":[{"type":"text","content":"Expecting 2026 total capital expenditures(3) to still range between $850.0 million to $1.00 billion.","length":100,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1033,"olType":false},{"type":"text","content":"HOUSTON, May 6, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter 2026 financial and operating results. Net income (loss) attributable to limited partners for the first quarter of 2026 totaled $342.4 million, or $0.85 per common unit (diluted), with first-quarter 2026 Adjusted EBITDA(1) totaling $683.1 million and Distributable Cash Flow(1) totaling $508.9 million. First-quarter 2026 Cash flows provided by operating activities totaled $469.9 million and first-quarter 2026 Free Cash Flow(1) totaled $242.3 million. First-quarter 2026 capital expenditures(3) totaled $250.5 million.","length":688,"tagName":"p"},{"type":"text","content":"RECENT HIGHLIGHTS","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Generated record Adjusted EBITDA(1) of $683.1 million, an increase of...