8-K
filed May 6, 2026, 7:59 PM ET
ticker WES
CIK 0001423902
other material
confidence high
sentiment positive
materiality 0.85
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.
Machine-readable event card
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- https://www.sec.gov/Archives/edgar/data/1423902/000142390226000043/wes-20260506.htm
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