---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-23-000040"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:47:17.293892+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Midstream Q1 net income $199M, Adj. EBITDA $498.7M; record Delaware throughput; distribution $0.856/unit

## Summary
- Net income $199.0M ($0.52 diluted EPS); Adjusted EBITDA $498.7M; Free cash flow $141.6M.
- Record Delaware Basin nat-gas throughput 1.57 Bcf/d (+3% seq); produced-water 977 MBbls/d (+13% seq).
- Distribution of $0.856/unit ($0.500 base + $0.356 enhanced); payable May 15, 2023.
- Closed $750M 6.150% senior notes due 2033; extended credit facility to $2B through 2028.
- Executed long-term amendment with Occidental for up to 300 MMcf/d additional firm processing capacity.

## SEC filing metadata
- accession: 0001423902-23-000040
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2023-05-03T23:59:59+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/1423902/000142390223000040/0001423902-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390223000040/wes-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-23-000040
- JSON: https://secwatch.observer/filing/0001423902-23-000040.json
- Plain text: https://secwatch.observer/filing/0001423902-23-000040.txt

## Key facts
- Earnings Releases
  Western Midstream Partners, LP reported first-quarter 2023 results: net income Net income attributable to limited partners of $199.0 million, EPS $0.52 per common unit (diluted).
  - Period: first-quarter 2023
  - Net income: Net income attributable to limited partners of $199.0 million
  - EPS: $0.52 per common unit (diluted)
  - Result: reported results
  source text: Net income (loss) attributable to limited partners for the first quarter of 2023 totaled $199.0 million, or $0.52 per common unit (diluted)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423902/000142390223000040/0001423902-23-000040-index.htm

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