Le Lézard
Classified in: Oil industry, Business
Subjects: CCA, DIV, FVT

Western Midstream Announces Second Quarter 2019 Distribution And Schedules Earnings Conference Call


HOUSTON, July 18, 2019 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.6180 per unit for the second quarter of 2019. This distribution represents a 1.3-percent increase over the prior quarter's distribution and a 6.1-percent increase over the distribution for the second quarter of 2018. WES's second quarter 2019 distribution is payable on August 13, 2019, to unitholders of record at the close of business on July 31, 2019.

The Partnership plans to report its second-quarter 2019 results after the market closes on Tuesday, July 30, 2019. Management will host a conference call on Wednesday, July 31, 2019, at 8 a.m. CDT (9 a.m. EDT) to discuss the quarterly results. The full text of the release announcing the results will be available on the Partnership's website at www.westernmidstream.com.

Second-Quarter 2019 Results
Wednesday, July 31, 2019
8 a.m. CDT (9 a.m. EDT)
Dial-in number: 877-883-0383
International dial-in number: 412-902-6506
Participant access code: 3434811

Individuals who would like to participate should dial the applicable dial-in number listed above approximately 15 minutes before 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 growth-oriented Delaware master limited partnership formed by Anadarko Petroleum Corporation 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 ("NGLs") and crude oil; and gathering and disposing of produced water for Anadarko, as well as for third-party 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 Contact
Jack W. Spinks
Manager, Investor Relations
jack.spinks@anadarko.com
832.636.6000

 

(PRNewsfoto/Western Midstream Partners, LP)

 

SOURCE Western Midstream Partners, LP


These press releases may also interest you

at 09:30
CME Group, the world's leading and most diverse derivatives marketplace, today announced enhanced product specifications and two additional delivery points for its WTI Houston crude oil futures contracts, pending regulatory review. Beginning with...

at 09:30
Simmons Bank, as Trustee of the Sabine Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.122560 per unit, payable on December 30, 2019, to unit holders of record on December 16, 2019. ...

at 09:20
Pipeline monitoring system market projected to grow at a CAGR of 7.1%The pipeline monitoring system market size is estimated to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 7.1% from 2019 to...

at 09:10
Functional safety market to exhibit significant growth during 2019?2024The functional safety market is estimated to grow from USD 4.6 billion in 2019 to USD 7.1 billion by 2024, at a CAGR of 8.8%. The key factors driving the market's growth include...

at 09:03
Reverse osmosis (RO) systems are a great solution for many homes, removing contaminants that may be in your water. However, RO systems can take up quite a lot of space. As a world leader in water treatment, Culligan® International is introducing the...

at 09:00
PAS Global LLC, the leading solution provider of industrial control system (ICS) cybersecurity, process safety, and asset reliability in the energy, power, and process industries, announced today recognition by Gartner as a Representative Vendor in...



News published on 18 july 2019 at 16:15 and distributed by: