- Western Midstream Partners (WES, Financial) declares a 4% increase in Q1 2025 quarterly distribution to $0.910 per unit.
- Distribution payable on May 15, 2025, to record holders as of May 2, 2025.
- First-quarter results and earnings call scheduled for May 7 and May 8, 2025, respectively.
Western Midstream Partners, LP (WES) has announced a quarterly cash distribution of $0.910 per unit for the first quarter of 2025, marking a 4% increase from the previous quarter. This upward adjustment aligns with the company's previously announced expectations, bringing the annualized distribution to $3.64 per unit.
The distribution will be paid on May 15, 2025, to unitholders of record at the close of business on May 2, 2025. This payout maintains WES's commitment to returning value to its investors through consistent and increasing distributions.
Further details regarding the company's performance will be shared when Western Midstream reports its first-quarter 2025 results after market close on May 7, 2025. Following the results announcement, management will conduct a conference call on May 8, 2025, at 9:00 a.m. Central Time to discuss quarterly and full-year outcomes. Investors and analysts can join this call using the dial-in number 800-836-8184 or the international dial-in number 646-357-8785. Additionally, a live audio webcast of the conference call will be accessible via the investor relations section of Western Midstream's website at www.westernmidstream.com.
Western Midstream Partners, LP is a master limited partnership involved in developing, owning, and operating midstream assets across key regions including Texas, New Mexico, Colorado, Utah, and Wyoming. These operations focus on various services, including gathering, processing, and transporting natural gas and liquids, offering significant defense against commodity price volatility through fee-based contracts.
