Western Midstream Announces Third-Quarter 2023 Distribution Increase and Earnings Conference Call

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 (“Base Distribution”) of $0.5750 per unit for the third quarter of 2023, or $2.30 on an annualized basis. This distribution represents a 2.2% increase compared to the second-quarter’s Base Distribution of $0.5625 and is consistent with prior communications regarding a distribution increase upon the close of the acquisition of Meritage Midstream Services II, LLC. WES’s third-quarter 2023 Base Distribution is payable on November 13, 2023, to unitholders of record at the close of business on November 1, 2023.

The Partnership plans to report its third-quarter results after market close on Wednesday, November 1, 2023. Management will host a conference call on Thursday, November 2, 2023, at 1:00 p.m. CDT (2:00 p.m. EDT) to discuss the Partnership’s quarterly results. Participants are encouraged to dial into the conference call ten to fifteen minutes before the scheduled start time to avoid any delays entering the call. The full text of the release announcing the results will be available on the Partnership’s website at www.westernmidstream.com.

Third-Quarter 2023 Results
Thursday, November 2, 2023
1:00 p.m. CST (2:00 p.m. EDT)
Dial-in number: 888-770-7129
International dial-in number: 929-203-2109
Participant access code: 2187921

To participate in WES’s scheduled third-quarter 2023 earnings call, refer to the above-listed dial-in number and participant access code. To access the live audio webcast of the conference call, please visit the investor relations section of the Partnership’s website at www.westernmidstream.com. A replay of the conference call will also be available on the website following the call.

ABOUT WESTERN MIDSTREAM

Western Midstream Partners, LP (“WES”) is a Delaware master limited partnership formed to acquire, own, develop, and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas, and New Mexico, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, NGLs, and crude oil; and gathering and disposing of produced water for its customers. In addition, in its capacity as a processor of natural gas, WES also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain of its contracts.