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Western Midstream Partners, LP (WES) guidance and outlook

Western Midstream Partners, LP's 10-Q filed Nov 4, 2026 makes 8 forward-looking statements, 1 of them new and 0 no longer said since the filing before.

Guidance and outlook

8 statements; tone -0.12 (−1 all cautious, +1 all confident); 2 hedged.

Forward-looking statements, 10-Q filed Nov 4, 2026

We expect our business to be affected by the below - described key trends and uncertainties.
To the extent our underlying assumptions about, or interpretations of, available information prove incorrect, our actual results may vary materially from expected results.
To address the risks posed by fluctuating commodity prices, we intend to continue evaluating the relevant price environments and adjust our capital spending plans to reflect our customers’ anticipated activity levels, while maintaining appropriate liquidity and financial flexibility.
However, we expect our cost of capital to remain competitive, as our peers face similar interest-rate dynamics.
new · We utilize DCF as a measure of the operating performance of our asset base and as such reconcile it to net income (loss) and Adjusted EBITDA, with the adjustments intended to enhance period-over-period comparability.
The timing and amount of purchases under the program will be determined based on ongoing assessments of capital needs, our financial performance, the market price of our common units, and other factors, including organic growth and acquisition opportunities and general market conditions.
We expect our exposure to the concentrated risk of non - payment or non - performance to continue for as long as our commercial relationships with Occidental generate a significant portion of our revenues.
The preparation of consolidated financial statements in accordance with GAAP requires management to make informed judgments and estimates that affect the amounts of assets and liabilities as of the date of the financial statements and the amounts of revenues and expenses recognized during the periods reported.

Western Midstream Partners, LP's latest quarter

Western Midstream Partners, LP, Q3 2026: revenue $1.2B (+25% year over year), operating margin 38.6%, net earnings $332M. The chart follows the revenue to costs, profit and cash.

Questions

What does Western Midstream Partners, LP expect?

We utilize DCF as a measure of the operating performance of our asset base and as such reconcile it to net income (loss) and Adjusted EBITDA, with the adjustments intended to enhance period-over-period comparability.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.