Western Midstream: Income Roars Ahead
WESWestern Midstream(WES) Seeking Alpha·2024-08-13 13:21

onurdongel Western Midstream (NYSE:WES) reported some sizable gains in income for the second quarter of 2024. Evidently, the results and the common unit price were good enough for Occidental Petroleum (OXY) to register to sell some units (click on August 12 announcement). Normally, when the main controlling entity wants to sell, that is a bearish signal because an insider is indicating to the public that the insider is getting a good price for the stock. However, Occidental has long wanted to liquidate at l ...