secwatch.observer — SEC 8-K summary
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Issuer:     Western Midstream Partners, LP (WES)
CIK:        0001423902
Form:       8-K
Filed at:   2026-08-05T20:24:33+00:00
Accession:  0001423902-26-000092
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423902/000142390226000092/0001423902-26-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423902/000142390226000092/wes-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001423902-26-000092

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