Western Midstream — Third Quarter 2026 Earnings Summary

Western Midstream Partners, LP reported third-quarter 2026 net income attributable to limited partners of $324.8 million, generating $708.3 million in Adjusted EBITDA and $512.3 million in Distributable Cash Flow. The company achieved record natural gas throughput of 5.9 billion cubic feet per day, driven by increased activity in the Delaware Basin following the June 2026 acquisition of Brazos Delaware. Western Midstream announced a quarterly distribution of $0.930 per unit and reaffirmed its full-year 2026 guidance for Adjusted EBITDA, Distributable Cash Flow, and Free Cash Flow. Management expects 2026 capital expenditures to slightly exceed the high end of the $850 million to $1 billion range due to investments in the Solitude Pipeline System and accelerating producer activity.