---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-21-000043"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:35:38.734731+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WES Q3 net income $250.2M ($0.61/unit), raises 2021 Adj. EBITDA guidance above $1.925B

## Summary
- Q3 net income $250.2M ($0.61 per unit), Adjusted EBITDA $531.6M; Free cash flow $320M.
- Raised 2021 Adjusted EBITDA guidance to exceed $1.925B high end; capex to be below $375M.
- Tendered $500M of Senior notes due 2022-2026 for $521.9M, saving $20.6M/year in borrowing costs.
- Repurchased 4.5M common units for $88.1M in Q3; $113M remaining under $250M buyback program.
- Q3 distribution of $0.323/unit (1.3% increase QoQ); Debt-to-TTM Adj. EBITDA below 3.7x.

## SEC filing metadata
- accession: 0001423902-21-000043
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423902/000142390221000043/0001423902-21-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390221000043/wes-20211109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-21-000043
- JSON: https://secwatch.observer/filing/0001423902-21-000043.json
- Plain text: https://secwatch.observer/filing/0001423902-21-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.