---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-26-000092"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2026-08-05T20:24:33+00:00"
generated_at: "2026-08-05T20:25:07.507607+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Western Midstream Q2 record EBITDA $736.5M, raises 2026 guidance midpoints 10-20%

## Summary
- Q2 net income $394.9M ($0.99/unit); record Adj. EBITDA $736.5M (+19% YoY, +8% sequentially).
- Q2 DCF $537.2M, FCF $263.6M; distribution maintained at $0.93/unit ($3.72 annualized).
- Raised 2026 Adj. EBITDA midpoint to $2.85B (+10% from original); DCF midpoint $2.15B (+10%), FCF midpoint $1.2B (+20%).
- Executed two new G&P agreements in Powder River Basin adding ~270,000 dedicated acres; completed Brazos Delaware acquisition adding 460 MMcf/d capacity.
- Record Delaware Basin throughput: nat-gas 2,140 MMcf/d, produced water 2,993 MBbls/d; DJ Basin nat-gas 1,547 MMcf/d.

## SEC filing metadata
- accession: 0001423902-26-000092
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2026-08-05T20:24:33+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/1423902/000142390226000092/0001423902-26-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390226000092/wes-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-26-000092
- JSON: https://secwatch.observer/filing/0001423902-26-000092.json
- Plain text: https://secwatch.observer/filing/0001423902-26-000092.txt

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