---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-23-000064"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:18:42.157528+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Western Midstream Q3 net income $270.8M; raises distribution 2.2%; closes Meritage acquisition

## Summary
- Record Q3 Adjusted EBITDA $510.9M, net income $270.8M ($0.70/unit).
- Base distribution increased 2.2% to $0.5750/unit quarterly ($2.30 annualized).
- Repurchased 5.1M units from Oxy for $127.5M; bought back $159.1M near-term notes at ~94% par.
- Closed Meritage acquisition in PRB for $885M; expects 2023 EBITDA towards high end of $1.95-2.05B.
- Delaware Basin record throughput: nat gas 1.67 Bcf/d, crude/NGL 220 MBbls/d, water 1,101 MBbls/d.

## SEC filing metadata
- accession: 0001423902-23-000064
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423902/000142390223000064/0001423902-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390223000064/wes-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-23-000064
- JSON: https://secwatch.observer/filing/0001423902-23-000064.json
- Plain text: https://secwatch.observer/filing/0001423902-23-000064.txt

## Key facts
- Earnings Releases
  Western Midstream Partners, LP reported third-quarter 2023 results: net income $270.8 million, EPS $0.70 per common unit (diluted). Guidance raised.
  - Period: third-quarter 2023
  - Net income: $270.8 million
  - EPS: $0.70 per common unit (diluted)
  - Guidance: raised
  - Result: reported results
  source text: Western Midstream Partners, LP issued a press release announcing third-quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423902/000142390223000064/0001423902-23-000064-index.htm

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