{"schema_version":"secwatch.filing_event.v1","accession":"0001423902-23-000050","form_type":"8-K","ticker":"WES","cik":"0001423902","company_name":"Western Midstream Partners, LP","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.883073+00:00","generated_at":"2026-06-12T01:27:11.995559+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WES Q2 net income $247M; cuts 2023 Adj EBITDA guidance ~5% to $1.95-2.05B","bullets":["Q2 net income $247.1M ($0.64/diluted unit); Adj EBITDA $488.3M, cash from ops $490.8M, FCF $340.1M.","Base distribution raised 12.5% to $0.5625/unit quarterly ($2.25 annualized); payable Aug 14.","Repurchased $117.6M of senior notes in Q2 at ~94% par; $159.1M post-Q2, totaling $276.7M.","Revised 2023 Adj EBITDA guidance to $1.95-2.05B (5% cut at midpoint); FCF $900M-$1B; capex unchanged $700-800M.","Record Delaware Basin nat-gas throughput 1.59 Bcf/d; secured investment-grade rating from Fitch (BBB-)."],"urls":{"canonical":"https://secwatch.observer/filing/0001423902-23-000050","json":"https://secwatch.observer/filing/0001423902-23-000050.json","markdown":"https://secwatch.observer/filing/0001423902-23-000050.md","text":"https://secwatch.observer/filing/0001423902-23-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000050/0001423902-23-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000050/wes-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T01:27:11.995559+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f1aaf52006aa23d680535d5b7b568ab0d162596","claim":"Western Midstream Partners, LP reported second-quarter 2023 results: net income $247.1 million, EPS $0.64 per common unit (diluted). Guidance lowered.","evidence_excerpt":"Western Midstream Partners, LP issued a press release announcing second-quarter 2023 results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000050/0001423902-23-000050-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second-quarter 2023"},{"label":"Net income","value":"$247.1 million"},{"label":"EPS","value":"$0.64 per common unit (diluted)"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}