HOUSTON, Jan. 20, 2020 /PRNewswire/ -- Today Western
Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership")
announced that the board of directors of its general partner
declared a quarterly cash distribution of $0.622 per unit for the fourth-quarter of 2019,
resulting in a full-year 2019 distribution increase of 5-percent
over the full-year 2018. This distribution represents WES's
28th consecutive quarterly distribution increase. WES's
fourth-quarter 2019 distribution is payable February 13, 2020, to unitholders of record at
the close of business January 31,
2020.
The Partnership plans to report its fourth-quarter and full-year
2019 results after market close Thursday,
February 27, 2020. Management will host a conference call
Friday, February 28, 2020, at
1 p.m. CST (2
p.m. EST) to discuss WES's quarterly and annual results. The
full text of the release announcing the results will be available
on the Partnership's website at www.westernmidstream.com.
Fourth-Quarter and Full-Year 2019
Results
Friday, February 28,
2020
1 p.m. CST
(2 p.m. EST)
Dial-in
number: 877-883-0383
International dial-in number:
412-902-6506
Participant access code: 0032829
Individuals that would like to participate in WES's scheduled
fourth-quarter earnings call should dial the applicable dial-in
number listed above approximately 15 minutes prior to the scheduled
conference call time and enter the access code when prompted. To
access the live audio webcast of the conference call, please
visit the investor relations section of the Partnership's website
at www.westernmidstream.com. A replay of the conference call will
also be available on the website for two weeks following the
call.
ABOUT WESTERN MIDSTREAM
Western Midstream Partners, LP ("WES") is a Delaware master limited partnership formed to
acquire, own, develop and operate midstream assets. With midstream
assets located in the Rocky Mountains, North-central Pennsylvania, Texas and New
Mexico, WES is engaged in the business of gathering,
compressing, treating, processing and transporting natural gas;
gathering, stabilizing and transporting condensate, natural gas
liquids and crude oil; and gathering and disposing of produced
water for its customers. In addition, in its capacity as a
processor of natural gas, WES also buys and sells natural gas, NGLs
and condensate on behalf of itself and as agent for its customers
under certain of its contracts.
For more information about Western Midstream Partners, LP and
Western Midstream Flash Feed updates, please visit
www.westernmidstream.com.
Note regarding Non-United States Investors: This release is
intended to be a qualified notice under Treasury Regulation Section
1.1446-4(b). Brokers and nominees should treat one hundred percent
(100.0%) of Western Midstream Partners, LP's distributions to
non-U.S. investors as being attributable to income that is
effectively connected with a United
States trade or business. Accordingly, Western Midstream
Partners, LP's distributions to non-U.S. investors are subject to
federal income tax withholding at the highest applicable effective
tax rate.
WESTERN MIDSTREAM CONTACTS
Kristen Shults
Vice President, Investor Relations and Communications
Kristen.Shults@westernmidstream.com
832.636.6000
Abby Dempsey
Investor Relations
Abby.Dempsey@westernmidstream.com
832.636.6000
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SOURCE Western Midstream Partners, LP