{"schema_version":"secwatch.filing_event.v1","accession":"0001423902-23-000068","form_type":"8-K","ticker":"WES","cik":"0001423902","company_name":"Western Midstream Partners, LP","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.025312+00:00","generated_at":"2026-06-08T01:04:00.045851+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Western Midstream establishes $2B commercial paper program for general purposes","bullets":["Subsidiary WES Operating entered dealer agreements for a $2B CP program.","Proceeds may be used for general partnership purposes; notes unsecured, max 397-day maturity.","No notes issued as of filing date; program adds liquidity flexibility.","Notes issued under Section 4(a)(2) exemption, not registered under Securities Act.","Pricing will depend on market conditions and CP program credit ratings."],"urls":{"canonical":"https://secwatch.observer/filing/0001423902-23-000068","json":"https://secwatch.observer/filing/0001423902-23-000068.json","markdown":"https://secwatch.observer/filing/0001423902-23-000068.md","text":"https://secwatch.observer/filing/0001423902-23-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000068/0001423902-23-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000068/wes-20231116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:04:00.045851+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":"e4902e2e0727abce336fc52bad7105fdd6a557cd","claim":"Western Midstream Partners, LP entered into Dealer Agreements with certain investment banks (collectively, the \"Dealers\") valued at $2,000,000,000 (effective 2023-11-16).","evidence_excerpt":"On November 16, 2023, Western Midstream Operating, LP (the “ WES Operating ”), a subsidiary of Western Midstream Partners, LP (“ WES ”), entered into dealer agreements (the “ Dealer Agreements ”) with certain investment banks (collectively, the “ Dealers ”) relating to a $2,000,000,000 commercial paper program (the “ CP Program ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000068/0001423902-23-000068-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain investment banks (collectively, the \"Dealers\")"},{"label":"Value","value":"$2,000,000,000"},{"label":"Effective","value":"2023-11-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}