Western Midstream Partners Announce Q4 Earnings Call Details
Western Midstream Partners Announces Quarterly Distribution
Today, Western Midstream Partners, LP (NYSE: WES) declared a Base Distribution of $0.8750 per unit for the fourth quarter of 2024, maintaining alignment with previous distributions. This decision reflects ongoing stability within the company as it continues to serve its unitholders with consistent cash flow.
Important Dates for Unitholders
The declared fourth-quarter 2024 distribution is scheduled to be paid on February 14, 2025, to those unitholders who are registered by the close of business on February 3, 2025. This routine disbursement demonstrates Western Midstream's commitment to providing returns to its investors.
Upcoming Earnings Release and Conference Call
Western Midstream plans to announce its financial results for the fourth quarter and the full year of 2024 after the market closes on February 26, 2025. Following that, management will host a conference call on February 27, 2025, at 1:00 p.m. Central Time for an in-depth discussion of the results.
Call Participation Details
Participants interested in joining the earnings call can dial 800-836-8184 for domestic calls or 646-357-8785 for international participation. It is advisable for participants to join the call approximately ten to fifteen minutes before the scheduled start to ensure timely access to the discussion.
About Western Midstream Partners
Western Midstream Partners, LP is a master limited partnership primarily focused on developing, acquiring, and operating midstream asset holdings. The company manages extensive midstream activities, including the gathering, processing, and transporting of natural gas, crude oil, and related substances. With operations spread across various states, Western Midstream significantly contributes to energy transportation and processing.
Operational Stability and Revenue Streams
One of the main advantages for Western Midstream is its fee-based contract structure. This operating model provides the partnership with reassuring stability as it is largely insulated from fluctuations in commodity prices. Such arrangements allow the company to focus on growth, sustaining its distribution commitments to investors.
Company Contacts
For further inquiries regarding investments or partnerships, interested parties can reach out to:
Daniel Jenkins
Director, Investor Relations
Phone: 866-512-3523
Rhianna Disch
Manager, Investor Relations
Phone: 866-512-3523
Frequently Asked Questions
When will the fourth-quarter distribution be paid?
The fourth-quarter distribution will be payable on February 14, 2025, to unitholders of record by February 3, 2025.
What are the dial-in details for the earnings call?
Participants can call 800-836-8184 for domestic or 646-357-8785 for international access to the earnings call.
How does Western Midstream protect its cash flow?
Western Midstream relies on fee-based contracts which provide a safeguard against market volatility and support stable cash flows.
What services does Western Midstream offer?
The partnership specializes in gathering, processing, treating, and transporting natural gas and crude oil, offering a wide array of valuable midstream services.
Where can I find more information about Western Midstream?
For additional company details or investor relations materials, you may visit Western Midstream's official website.
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