Reported second-quarter 2024 Net income attributable to limited partners of $369.8 million, generating second-quarter Adjusted EBITDA(1) of $578.1 million. Reported second-quarter 2024 Cash flows provided by operating activities of $631.4 million, generating second-quarter Free cash flow(1) of $424.8 million. Announced a second-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized basis, which is in-line with the prior-quarter's Base Distribution. HOUSTON, Aug. 7, 2024 /PRNewswire ...

onurdongelCo-authored by Treading Softly It's often said everything happens in cycles. There was a time when bell-bottom jeans were popular, then there was a time when they were completely out of fashion, and now they've worked their way back into the trend again. The cyclical nature of human society and culture can be seen in a number of different areas — fashion being one of the easiest. Old ideas become new, then old again, and the cycle goes on. There's no exception to this when it comes to hot topi ...

Western Midstream (WES) closed the latest trading day at $40.37, indicating a +1.41% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.12%, and the technology-dominated Nasdaq saw an increase of 0.07%.Prior to today's trading, shares of the oil and gas transportation and storage company had gained 0.2% over the past month. This has outpaced the Oils-Energy sector's loss of 9.38% and the S&P 500's loss of 0.2 ...

In the latest trading session, Western Midstream (WES) closed at $42.74, marking a +1.62% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Prior to today's trading, shares of the oil and gas transportation and storage company had gained 9.39% over the past month. This has outpaced the Oils-Energy sector's loss of 9.19% and the S&P 500's gain of 0.43% in that time.The investment ...

HOUSTON, July 18, 2024 /PRNewswire/ -- 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 $0.8750 per unit for the second quarter of 2024, or $3.50 on an annualized basis, which is in-line with the prior quarter's Base Distribution. WES's second-quarter 2024 Base Distribution is payable on August 14, 2024, to unitholders of record at the close of business on ...

In the latest market close, Western Midstream (WES) reached $41.77, with a +0.05% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%.The oil and gas transportation and storage company's shares have seen an increase of 10.65% over the last month, surpassing the Oils-Energy sector's loss of 8% and the S&P 500's gain of 3.82%.The investment community ...

The most recent trading session ended with Western Midstream (WES) standing at $41.15, reflecting a -0.07% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%.Heading into today, shares of the oil and gas transportation and storage company had gained 7.74% over the past month, outpacing the Oils-Energy sector's loss of 11.98% and the S&P 500's gain of 4 ...

onurdongelNote: WES is a partnership that issues a Schedule K-1. Western Midstream (NYSE:WES) announced a 52% distribution increase in the latest first quarter press release as the partnership achieved an investment grade rating. Not only is the distribution increasing, but so is the balance sheet improving. The last article that I wrote with Rida Morwa focused more on the business itself and the advantages of being part of the Occidental Petroleum (OXY) organization. This one will report the first quar ...

HAKINMHAN Article Thesis Western Midstream Partners, LP (NYSE:WES) is not among the largest energy or midstream companies, but it offers one of the highest dividend yields that is available today, at 8.5%. While shares have rallied substantially over the last year, they still aren't expensive today. For someone looking for a high yield from a company with a K-1, Western Midstream Partners remains a solid choice. Company Overview And Macro Midstream companies are active in gathering, compressing, transportin ...

HOUSTON, July 1, 2024 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that its 2023 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/westernmidstream.A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitho ...