WES Q1 adj EBITDA record $683M; acquires Brazos Delaware for $1.6B

Western Midstream Partners, LP

Net income $342.4M ($0.85/diluted), record Adj EBITDA $683.1M (+15% YoY), DCF $508.9M.
Q1 distribution $0.930/unit (+2.2% QoQ); expects high-end of 2026 adj EBITDA and DCF guidance.
Acquires Brazos Delaware II for ~$1.6B ($800M cash + $800M common units), close late Q2 2026.
Brazos adds 470K dedicated acres, 460 MMcf/d processing; ~8.0x 2027 EBITDA multiple, immediately accretive.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Western Midstream Partners, LP reported first-quarter 2026 results: net income $342.4 million, EPS $0.85 per common unit (diluted).

Period: first-quarter 2026
Net income: $342.4 million
EPS: $0.85 per common unit (diluted)
Result: reported results

Exact text from the filing

Net income (loss) attributable to limited partners for the first quarter of 2026 totaled $342.4 million, or $0.85 per common unit (diluted)

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Western Midstream Partners, LP filing history →

Source: SEC EDGAR

accession 0001423902-26-000043

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.