---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-22-000015"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:34:58.468134+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Midstream reports record Q1 Adjusted EBITDA of $539.1M, raises 2022 guidance

## Summary
- Net income $301.9M ($0.75 diluted EPS); Adjusted EBITDA record $539.1M, Free cash flow $200.3M.
- 2022 guidance raised: Adjusted EBITDA $2.125-2.225B (midpoint +$200M), FCF $1.25-1.35B.
- Signed long-term agreements with Occidental, ConocoPhillips, DCP; sanctioned Mentone Train III (300 MMcf/d, Q4 2023).
- Repurchased 225,355 units for $5.1M; retired $502.2M senior notes due 2022 in April.
- Q1 distribution $0.50/unit (52.9% increase vs prior quarter); annualized $2.00 target unchanged.

## SEC filing metadata
- accession: 0001423902-22-000015
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2022-05-10T23:59:59+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/1423902/000142390222000015/0001423902-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390222000015/wes-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-22-000015
- JSON: https://secwatch.observer/filing/0001423902-22-000015.json
- Plain text: https://secwatch.observer/filing/0001423902-22-000015.txt

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