WES Stock Recent News

Western Midstream's majority ownership by Occidental Petroleum no longer presents the risk it once did. The company has a manageable debt-to-EBITDA ratio, one that it's been consistently reducing.

Western Midstream Partners, LP (NYSE:WES ) Q2 2022 Earnings Conference Call August 4, 2022 2:00 PM ET Company Participants Daniel Jenkins - Director of Investor Relations Michael Ure - Chief Executive Officer Kristen Shults - Chief Financial Officer Craig Collins - Chief Operating Officer Conference Call Participants Gabe Moreen - Mizuho Securities Jeremy Tonet - JPMorgan Neel Mitra - Bank of America Michael Cusimano - Pickering Energy Partners Operator Good afternoon. My name is Rex and I will be your conference operator today.

HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the second quarter of 2022. This distribution is in line with the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution (“Base Distribution”) target of $2.00 per unit. WES's second-quarter 2022

Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Does Western Midstream (WES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Western Midstream (WES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

WES management executed superbly on the financial and operational fronts in the first quarter. The company continues to grow cash flow and repurchase units.

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Western Midstream signed deals in 1Q expanding gas throughput by over 10%. The prospect of a small special distribution in 2023 has increased. The special in 2024 will be significantly larger as debt will be down to target levels.

Western Midstream Partners, LP (NYSE:WES ) Q1 2022 Results Conference Call May 11, 2022 3:00 PM ET Company Participants Daniel Jenkins - Director, IR Michael Ure - CEO Kristen Shults - CFO Craig Collins - COO Conference Call Participants Spiro Dounis - Credit Suisse Colton Bean - Tudor, Pickering Chase Mulvehill - Bank of America Michael Cusimano - Pickering Energy Partners Ned Baramov - Wells Fargo Operator Good afternoon. My name is Celina, and I will be your conference operator today.