secwatch.observer — SEC 8-K summary
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Issuer:     Western Midstream Partners, LP (WES)
CIK:        0001423902
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001423902-23-000054
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

WES repurchases 5.1M common units from Occidental for $127.5M
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- 5.1 million common units repurchased from Occidental subsidiary at $25 per unit.
- Occidental's indirect ownership falls to 48.8% of outstanding common units.
- Repurchase is part of previously announced $1.250 billion buyback program.
- Transaction approved by special committee of independent directors of WES's general partner.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423902/000142390223000054/0001423902-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423902/000142390223000054/wes-20230907.htm
  HTML page:      https://secwatch.observer/filing/0001423902-23-000054

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