Western Midstream Partners, LP (WES) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Morning, my name is Chihuana and I will be your conference operator today. At this time, I would like to welcome everyone to the Western Midstream Partners Second Quarter 2025 Earnings Conference Call. My lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press the star followed by the number two. Thank you. I would now like to turn the conference over to Daniel Jenkins, Director of Investor Relations. Please go ahead. Thank you. I'm glad you could join us today for Western Midstream's Second Quarter 2025 Conference Call. I'd like to remind you that today's call, the accompanying slide deck in yesterday's earnings release and the ARIES Acquisition Press Release and slide deck contain important disclosures regarding forward-looking statements and non-GAAP reconciliations. Please reference Western Midstream's most recent Form 10-K and 10-Q and other public filings for a description of risk factors that could cause actual results to differ materially from any forward-looking statements we discussed today. Relevant reference materials are posted on our website. You will also note that due to the pending ARIES Water Solutions Transaction, today's discussion is subject to certain additional securities laws. And so we refer you to the slides in the ARIES Acquisition slide deck titled, Board-Looking Statements and Ownership Structure and Additional Disclaimers that are posted in the Events and Presentations section of WESA's corporate website. With me today are Oscar Brown, our Chief Executive Officer, Danny Holderman, our...