(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (IRS Employer Identification No.) |
Title of each class | Trading symbol | Name of exchange on which registered | ||
99.1 | ||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
WESTERN MIDSTREAM PARTNERS, LP | ||||
By: | Western Midstream Holdings, LLC, its general partner | |||
Dated: | February 27, 2020 | By: | /s/ Michael P. Ure | |
Michael P. Ure President and Chief Executive Officer |
• | Processed record DJ Basin Complex gas throughput of 1.30 Bcf/d for the fourth quarter, representing a 15-percent sequential-quarter increase as third-quarter downstream constraints were resolved and did not impact fourth-quarter operations |
• | Gathered record Delaware Basin produced-water throughput of 610 MBbls/d for the fourth quarter, representing a 5-percent sequential-quarter increase |
• | Achieved record Delaware and DJ Basin oil throughput of 297 MBbls/d for the fourth quarter, representing an 8-percent sequential-quarter increase |
• | Delivered full-year 2019 Adjusted EBITDA(1) of $1.719 billion, representing a 17-percent increase from 2018 |
• | Realized capital expenditures below low-end 2019 guidance range |
(1) Please see the tables at the end of this release for a reconciliation of GAAP to non-GAAP measures and calculation of the Coverage ratio. |
• | Finalized service and governance agreements with Occidental that will position WES to operate as a stand-alone enterprise |
• | Priced a $3.5 billion four-tranche senior notes offering that was 6.2x oversubscribed with each tranche pricing at WES’s lowest historical coupon for like-tenor notes |
(1) Please see the tables at the end of this release for a reconciliation of GAAP to non-GAAP measures and calculation of the Coverage ratio. | ||
(2) Represents total throughput attributable to WES, which excludes the 25% third-party interest in Chipeta and the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WES’s noncontrolling interests as of December 31, 2019. |
• | Adjusted EBITDA between $1.875 billion and $1.975 billion |
• | Total capital expenditures between $875 million and $950 million, including costs associated with over 60,000 horsepower of compression, over 140 miles of gathering, the completion of the second Latham train during first-quarter 2020, and the addition of two 30 MBbl/d oil-stabilization trains and approximately 180 MBbl/d of saltwater disposal capacity in the Delaware Basin by year-end 2020 |
• | Total maintenance capital expenditures between $125 million and $135 million |
• | Coverage ratio of at least 1.25x with ~1-percent year-over-year distribution increase from full-year 2019 per-unit distributions of $2.47 per unit |
(1) Accrual-based and excludes capital expenditures associated with the 25% third-party interest in Chipeta. | ||
(2) Acquisitions and contributions. |
Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||
thousands except Coverage ratio | 2019 | 2018 | 2019 | 2018 | ||||||||||||
Reconciliation of Net income (loss) to Distributable cash flow and calculation of the Coverage ratio | ||||||||||||||||
Net income (loss) | $ | 295,440 | $ | 183,917 | $ | 807,700 | $ | 630,654 | ||||||||
Add: | ||||||||||||||||
Distributions from equity investments | 61,288 | 71,327 | 264,828 | 216,977 | ||||||||||||
Non-cash equity-based compensation expense | 4,114 | 1,544 | 14,392 | 7,310 | ||||||||||||
Non-cash settled interest expense, net | 19 | — | 39 | — | ||||||||||||
Income tax (benefit) expense | 793 | 22,741 | 13,472 | 58,934 | ||||||||||||
Depreciation and amortization | 120,278 | 118,407 | 483,255 | 389,164 | ||||||||||||
Impairments | 1,985 | 75,298 | 6,279 | 230,584 | ||||||||||||
Above-market component of swap agreements with Anadarko | — | 10,896 | 7,407 | 51,618 | ||||||||||||
Other expense | — | 8,080 | 161,813 | 8,264 | ||||||||||||
Less: | ||||||||||||||||
Recognized Service revenues – fee based in excess of (less than) customer billings | (6,534 | ) | 53,527 | (28,764 | ) | 62,498 | ||||||||||
Gain (loss) on divestiture and other, net | (3 | ) | 961 | (1,406 | ) | 1,312 | ||||||||||
Equity income, net – affiliates | 62,035 | 61,595 | 237,518 | 195,469 | ||||||||||||
Cash paid for maintenance capital expenditures | 29,660 | 39,328 | 124,548 | 120,865 | ||||||||||||
Capitalized interest | 6,047 | 7,196 | 26,980 | 32,479 | ||||||||||||
Cash paid for (reimbursement of) income taxes | — | 2,495 | 96 | 2,408 | ||||||||||||
Other income | 37,792 | — | 37,792 | 2,749 | ||||||||||||
Distributable cash flow attributable to noncontrolling interests (1) | 9,512 | 9,000 | 36,976 | 36,138 | ||||||||||||
Distributable cash flow (2) | $ | 345,408 | $ | 318,108 | $ | 1,325,445 | $ | 1,139,587 | ||||||||
Distributions declared | ||||||||||||||||
Distributions from WES Operating | $ | 284,505 | $ | 1,128,309 | ||||||||||||
Less: Cash reserve for the proper conduct of WES’s business | 2,719 | 9,360 | ||||||||||||||
Distributions to WES unitholders (3) | $ | 281,786 | $ | 1,118,949 | ||||||||||||
Coverage ratio | 1.23 | x | 1.18 | x |
(1) | For all periods presented, includes (i) the 25% third-party interest in Chipeta and (ii) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WES’s noncontrolling interests as of December 31, 2019. |
(2) | For the three months and year ended December 31, 2019, excludes cash payments of $107.7 million related to the settlement of interest-rate swap agreements. |
(3) | Reflects cash distributions of $0.62200 and $2.47000 per unit declared for the three months and year ended December 31, 2019, respectively. |
Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||
thousands | 2019 | 2018 | 2019 | 2018 | ||||||||||||
Reconciliation of Net income (loss) to Adjusted EBITDA | ||||||||||||||||
Net income (loss) | $ | 295,440 | $ | 183,917 | $ | 807,700 | $ | 630,654 | ||||||||
Add: | ||||||||||||||||
Distributions from equity investments | 61,288 | 71,327 | 264,828 | 216,977 | ||||||||||||
Non-cash equity-based compensation expense | 4,114 | 1,544 | 14,392 | 7,310 | ||||||||||||
Interest expense | 79,414 | 54,702 | 303,286 | 183,831 | ||||||||||||
Income tax expense | 793 | 22,741 | 13,472 | 58,934 | ||||||||||||
Depreciation and amortization | 120,278 | 118,407 | 483,255 | 389,164 | ||||||||||||
Impairments | 1,985 | 75,298 | 6,279 | 230,584 | ||||||||||||
Other expense | — | 8,080 | 161,813 | 8,264 | ||||||||||||
Less: | ||||||||||||||||
Gain (loss) on divestiture and other, net | (3 | ) | 961 | (1,406 | ) | 1,312 | ||||||||||
Equity income, net – affiliates | 62,035 | 61,595 | 237,518 | 195,469 | ||||||||||||
Interest income – affiliates | 4,225 | 4,225 | 16,900 | 16,900 | ||||||||||||
Other income | 37,792 | — | 37,792 | 2,749 | ||||||||||||
Adjusted EBITDA attributable to noncontrolling interests (1) | 11,636 | 11,893 | 45,131 | 42,843 | ||||||||||||
Adjusted EBITDA | $ | 447,627 | $ | 457,342 | $ | 1,719,090 | $ | 1,466,445 | ||||||||
Reconciliation of Net cash provided by operating activities to Adjusted EBITDA | ||||||||||||||||
Net cash provided by operating activities | $ | 297,415 | $ | 382,980 | $ | 1,324,100 | $ | 1,348,175 | ||||||||
Interest (income) expense, net | 75,189 | 50,477 | 286,386 | 166,931 | ||||||||||||
Uncontributed cash-based compensation awards | (1,891 | ) | (53 | ) | (1,102 | ) | 879 | |||||||||
Accretion and amortization of long-term obligations, net | (1,942 | ) | (1,284 | ) | (8,441 | ) | (5,943 | ) | ||||||||
Current income tax (benefit) expense | (215 | ) | (33,012 | ) | 5,863 | (80,114 | ) | |||||||||
Other (income) expense, net (2) | 107,533 | (460 | ) | 106,136 | (3,209 | ) | ||||||||||
Distributions from equity investments in excess of cumulative earnings – affiliates | 9,053 | 9,769 | 30,256 | 29,585 | ||||||||||||
Changes in assets and liabilities: | ||||||||||||||||
Accounts receivable, net | 35,283 | (4,351 | ) | 45,033 | 60,502 | |||||||||||
Accounts and imbalance payables and accrued liabilities, net | (38,524 | ) | 15,476 | 30,866 | (45,605 | ) | ||||||||||
Other items, net | (22,638 | ) | 49,693 | (54,876 | ) | 38,087 | ||||||||||
Adjusted EBITDA attributable to noncontrolling interests (1) | (11,636 | ) | (11,893 | ) | (45,131 | ) | (42,843 | ) | ||||||||
Adjusted EBITDA | $ | 447,627 | $ | 457,342 | $ | 1,719,090 | $ | 1,466,445 | ||||||||
Cash flow information | ||||||||||||||||
Net cash provided by operating activities | $ | 1,324,100 | $ | 1,348,175 | ||||||||||||
Net cash used in investing activities | (3,387,853 | ) | (2,210,813 | ) | ||||||||||||
Net cash provided by (used in) financing activities | 2,071,573 | 875,192 |
(1) | For all periods presented, includes (i) the 25% third-party interest in Chipeta and (ii) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WES’s noncontrolling interests as of December 31, 2019. |
(2) | Excludes interest-rate swap losses of $25.6 million that will be paid in 2020 for the three months and year ended December 31, 2019, and $8.0 million for the three months and year ended December 31, 2018. |
Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||
thousands | 2019 | 2018 | 2019 | 2018 | ||||||||||||
Reconciliation of Operating income (loss) to Adjusted gross margin | ||||||||||||||||
Operating income (loss) | $ | 333,630 | $ | 264,647 | $ | 1,231,343 | $ | 861,282 | ||||||||
Add: | ||||||||||||||||
Distributions from equity investments | 61,288 | 71,327 | 264,828 | 216,977 | ||||||||||||
Operation and maintenance | 173,387 | 142,235 | 641,219 | 480,861 | ||||||||||||
General and administrative | 30,951 | 19,747 | 114,591 | 67,195 | ||||||||||||
Property and other taxes | 15,504 | 10,352 | 61,352 | 51,848 | ||||||||||||
Depreciation and amortization | 120,278 | 118,407 | 483,255 | 389,164 | ||||||||||||
Impairments | 1,985 | 75,298 | 6,279 | 230,584 | ||||||||||||
Less: | ||||||||||||||||
Gain (loss) on divestiture and other, net | (3 | ) | 961 | (1,406 | ) | 1,312 | ||||||||||
Equity income, net – affiliates | 62,035 | 61,595 | 237,518 | 195,469 | ||||||||||||
Reimbursed electricity-related charges recorded as revenues | 13,882 | 16,474 | 74,629 | 66,678 | ||||||||||||
Adjusted gross margin attributable to noncontrolling interests (1) | 16,846 | 15,913 | 64,049 | 56,247 | ||||||||||||
Adjusted gross margin | $ | 644,263 | $ | 607,070 | $ | 2,428,077 | $ | 1,978,205 | ||||||||
Adjusted gross margin for natural-gas assets | $ | 429,739 | $ | 395,281 | $ | 1,656,041 | $ | 1,443,466 | ||||||||
Adjusted gross margin for crude-oil, NGLs, and produced-water assets | 214,524 | 211,789 | 772,036 | 534,739 |
(1) | For all periods presented, includes (i) the 25% third-party interest in Chipeta and (ii) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WES’s noncontrolling interests as of December 31, 2019. |
Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||
thousands except per-unit amounts | 2019 | 2018 | 2019 | 2018 | ||||||||||||
Revenues and other | ||||||||||||||||
Service revenues – fee based | $ | 626,708 | $ | 593,765 | $ | 2,388,191 | $ | 1,905,728 | ||||||||
Service revenues – product based | 24,597 | 19,364 | 70,127 | 88,785 | ||||||||||||
Product sales | 71,538 | 79,081 | 286,388 | 303,020 | ||||||||||||
Other | 367 | 416 | 1,468 | 2,125 | ||||||||||||
Total revenues and other | 723,210 | 692,626 | 2,746,174 | 2,299,658 | ||||||||||||
Equity income, net – affiliates | 62,035 | 61,595 | 237,518 | 195,469 | ||||||||||||
Operating expenses | ||||||||||||||||
Cost of product | 109,507 | 124,496 | 444,247 | 415,505 | ||||||||||||
Operation and maintenance | 173,387 | 142,235 | 641,219 | 480,861 | ||||||||||||
General and administrative | 30,951 | 19,747 | 114,591 | 67,195 | ||||||||||||
Property and other taxes | 15,504 | 10,352 | 61,352 | 51,848 | ||||||||||||
Depreciation and amortization | 120,278 | 118,407 | 483,255 | 389,164 | ||||||||||||
Impairments | 1,985 | 75,298 | 6,279 | 230,584 | ||||||||||||
Total operating expenses | 451,612 | 490,535 | 1,750,943 | 1,635,157 | ||||||||||||
Gain (loss) on divestiture and other, net | (3 | ) | 961 | (1,406 | ) | 1,312 | ||||||||||
Operating income (loss) | 333,630 | 264,647 | 1,231,343 | 861,282 | ||||||||||||
Interest income – affiliates | 4,225 | 4,225 | 16,900 | 16,900 | ||||||||||||
Interest expense | (79,414 | ) | (54,702 | ) | (303,286 | ) | (183,831 | ) | ||||||||
Other income (expense), net (1) | 37,792 | (7,512 | ) | (123,785 | ) | (4,763 | ) | |||||||||
Income (loss) before income taxes | 296,233 | 206,658 | 821,172 | 689,588 | ||||||||||||
Income tax expense (benefit) | 793 | 22,741 | 13,472 | 58,934 | ||||||||||||
Net income (loss) | 295,440 | 183,917 | 807,700 | 630,654 | ||||||||||||
Net income (loss) attributable to noncontrolling interests | 7,670 | 15,414 | 110,459 | 79,083 | ||||||||||||
Net income (loss) attributable to Western Midstream Partners, LP | $ | 287,770 | $ | 168,503 | $ | 697,241 | $ | 551,571 | ||||||||
Limited partners’ interest in net income (loss): | ||||||||||||||||
Net income (loss) attributable to Western Midstream Partners, LP | $ | 287,770 | $ | 168,503 | $ | 697,241 | $ | 551,571 | ||||||||
Pre-acquisition net (income) loss allocated to Anadarko | — | (75,133 | ) | (29,279 | ) | (182,142 | ) | |||||||||
General partner interest in net income (loss) | (5,637 | ) | — | (5,637 | ) | — | ||||||||||
Limited partners’ interest in net income (loss) | $ | 282,133 | $ | 93,370 | $ | 662,325 | $ | 369,429 | ||||||||
Net income (loss) per common unit – basic and diluted | $ | 0.62 | $ | 0.43 | $ | 1.59 | $ | 1.69 | ||||||||
Weighted-average common units outstanding – basic and diluted | 452,934 | 218,938 | 415,794 | 218,936 |
(1) | Includes net gains (losses) on interest-rate swaps of $37.6 million and ($125.3) million for the three months and year ended December 31, 2019, respectively, and ($8.0) million for the three months and year ended December 31, 2018. |
December 31, | ||||||||
thousands except number of units | 2019 | 2018 | ||||||
Total current assets | $ | 402,412 | $ | 344,764 | ||||
Note receivable – Anadarko | 260,000 | 260,000 | ||||||
Net property, plant, and equipment | 9,064,931 | 8,410,353 | ||||||
Other assets | 2,619,110 | 2,442,088 | ||||||
Total assets | $ | 12,346,453 | $ | 11,457,205 | ||||
Total current liabilities | $ | 485,954 | $ | 637,477 | ||||
Long-term debt | 7,951,565 | 4,787,381 | ||||||
APCWH Note Payable | — | 427,493 | ||||||
Asset retirement obligations | 336,396 | 300,024 | ||||||
Other liabilities | 227,245 | 412,147 | ||||||
Total liabilities | 9,001,160 | 6,564,522 | ||||||
Equity and partners’ capital | ||||||||
Common units (443,971,409 and 218,937,797 units issued and outstanding at December 31, 2019 and 2018, respectively) | 3,209,947 | 951,888 | ||||||
General partner units (9,060,641 and zero units issued and outstanding at December 31, 2019 and 2018, respectively) | (14,224 | ) | — | |||||
Net investment by Anadarko | — | 1,388,018 | ||||||
Noncontrolling interests | 149,570 | 2,552,777 | ||||||
Total liabilities, equity and partners’ capital | $ | 12,346,453 | $ | 11,457,205 |
Year Ended December 31, | ||||||||
thousands | 2019 | 2018 | ||||||
Cash flows from operating activities | ||||||||
Net income (loss) | $ | 807,700 | $ | 630,654 | ||||
Adjustments to reconcile net income (loss) to net cash provided by operating activities and changes in assets and liabilities: | ||||||||
Depreciation and amortization | 483,255 | 389,164 | ||||||
Impairments | 6,279 | 230,584 | ||||||
(Gain) loss on divestiture and other, net | 1,406 | (1,312 | ) | |||||
(Gain) loss on interest-rate swaps | 125,334 | 7,972 | ||||||
Cash paid to settle interest-rate swaps | (107,685 | ) | — | |||||
Change in other items, net | 7,811 | 91,113 | ||||||
Net cash provided by operating activities | $ | 1,324,100 | $ | 1,348,175 | ||||
Cash flows from investing activities | ||||||||
Capital expenditures | $ | (1,188,829 | ) | $ | (1,948,595 | ) | ||
Acquisitions from affiliates | (2,007,926 | ) | (254 | ) | ||||
Acquisitions from third parties | (93,303 | ) | (161,858 | ) | ||||
Investments in equity affiliates | (128,393 | ) | (133,629 | ) | ||||
Distributions from equity investments in excess of cumulative earnings – affiliates | 30,256 | 29,585 | ||||||
Proceeds from the sale of assets to third parties | 342 | 3,938 | ||||||
Net cash used in investing activities | $ | (3,387,853 | ) | $ | (2,210,813 | ) | ||
Cash flows from financing activities | ||||||||
Borrowings, net of debt issuance costs | $ | 4,169,695 | $ | 2,671,337 | ||||
Repayments of debt | (1,467,595 | ) | (1,040,000 | ) | ||||
Increase (decrease) in outstanding checks | 1,571 | (3,206 | ) | |||||
Registration expenses related to the issuance of Partnership common units | (855 | ) | — | |||||
Distributions to Partnership unitholders | (969,073 | ) | (502,457 | ) | ||||
Distributions to Chipeta noncontrolling interest owner | (9,663 | ) | (13,529 | ) | ||||
Distributions to noncontrolling interest owners of WES Operating | (118,225 | ) | (386,326 | ) | ||||
Net contributions from (distributions to) Anadarko | 458,819 | 97,755 | ||||||
Above-market component of swap agreements with Anadarko | 7,407 | 51,618 | ||||||
Finance lease payments – affiliates | (508 | ) | — | |||||
Net cash provided by (used in) financing activities | $ | 2,071,573 | $ | 875,192 | ||||
Net increase (decrease) in cash and cash equivalents | $ | 7,820 | $ | 12,554 | ||||
Cash and cash equivalents at beginning of period | 92,142 | 79,588 | ||||||
Cash and cash equivalents at end of period | $ | 99,962 | $ | 92,142 |
Three Months Ended December 31, | Year Ended December 31, | |||||||||||||||
2019 | 2018 | 2019 | 2018 | |||||||||||||
Throughput for natural-gas assets (MMcf/d) | ||||||||||||||||
Gathering, treating, and transportation | 534 | 589 | 528 | 546 | ||||||||||||
Processing | 3,532 | 3,307 | 3,497 | 3,231 | ||||||||||||
Equity investment (1) | 423 | 272 | 398 | 291 | ||||||||||||
Total throughput | 4,489 | 4,168 | 4,423 | 4,068 | ||||||||||||
Throughput attributable to noncontrolling interests (2) | 174 | 166 | 175 | 170 | ||||||||||||
Total throughput attributable to WES for natural-gas assets | 4,315 | 4,002 | 4,248 | 3,898 | ||||||||||||
Throughput for crude-oil, NGLs, and produced-water assets (MBbls/d) | ||||||||||||||||
Gathering, treating, transportation, and disposal | 957 | 723 | 876 | 534 | ||||||||||||
Equity investment (3) | 449 | 298 | 343 | 241 | ||||||||||||
Total throughput | 1,406 | 1,021 | 1,219 | 775 | ||||||||||||
Throughput attributable to noncontrolling interests (2) | 28 | 20 | 24 | 15 | ||||||||||||
Total throughput attributable to WES for crude-oil, NGLs, and produced-water assets | 1,378 | 1,001 | 1,195 | 760 | ||||||||||||
Per-Mcf Adjusted gross margin for natural-gas assets (4) | $ | 1.08 | $ | 1.07 | $ | 1.07 | $ | 1.01 | ||||||||
Per-Bbl Adjusted gross margin for crude-oil, NGLs, and produced-water assets (5) | 1.69 | 2.30 | 1.77 | 1.93 |
(1) | Represents the 14.81% share of average Fort Union throughput, 22% share of average Rendezvous throughput, 50% share of average Mi Vida and Ranch Westex throughput, and 30% share of average Red Bluff Express throughput. |
(2) | For all periods presented, includes (i) the 25% third-party interest in Chipeta and (ii) the 2.0% Occidental subsidiary-owned limited partner interest in WES Operating, which collectively represent WES’s noncontrolling interests as of December 31, 2019. |
(3) | Represents the 10% share of average White Cliffs throughput; 25% share of average Mont Belvieu JV throughput; 20% share of average TEG, TEP, Whitethorn, and Saddlehorn throughput; 33.33% share of average FRP throughput; and 15% share of average Panola and Cactus II throughput. |
(4) | Average for period. Calculated as Adjusted gross margin for natural-gas assets, divided by total throughput (MMcf/d) attributable to WES for natural-gas assets. |
(5) | Average for period. Calculated as Adjusted gross margin for crude-oil, NGLs, and produced-water assets, divided by total throughput (MBbls/d) attributable to WES for crude-oil, NGLs, and produced-water assets. |
Three Months Ended December 31, | ||||||||||||||||||
2019 | 2018 | 2019 | 2018 | 2019 | 2018 | |||||||||||||
Natural gas (MMcf/d) | Crude oil & NGLs (MBbls/d) | Produced water (MBbls/d) | ||||||||||||||||
Delaware Basin | 1,274 | 1,101 | 168 | 148 | 610 | 413 | ||||||||||||
DJ Basin | 1,295 | 1,185 | 129 | 107 | — | — | ||||||||||||
Equity investments | 423 | 272 | 449 | 298 | — | — | ||||||||||||
Other | 1,497 | 1,610 | 50 | 55 | — | — | ||||||||||||
Total throughput | 4,489 | 4,168 | 796 | 608 | 610 | 413 |
Year Ended December 31, | ||||||||||||||||||
2019 | 2018 | 2019 | 2018 | 2019 | 2018 | |||||||||||||
Natural gas (MMcf/d) | Crude oil & NGLs (MBbls/d) | Produced water (MBbls/d) | ||||||||||||||||
Delaware Basin | 1,226 | 1,041 | 150 | 132 | 556 | 239 | ||||||||||||
DJ Basin | 1,236 | 1,133 | 118 | 105 | — | — | ||||||||||||
Equity investments | 398 | 291 | 343 | 241 | — | — | ||||||||||||
Other | 1,563 | 1,603 | 52 | 58 | — | — | ||||||||||||
Total throughput | 4,423 | 4,068 | 663 | 536 | 556 | 239 |
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Cover Page Cover Page |
Feb. 27, 2020 |
---|---|
Cover page. | |
Document Type | 8-K |
Document Period End Date | Feb. 27, 2020 |
Entity Registrant Name | WESTERN MIDSTREAM PARTNERS, LP |
Entity Incorporation, State or Country Code | DE |
Entity File Number | 001-35753 |
Entity Tax Identification Number | 46-0967367 |
Entity Address, Address Line One | 1201 Lake Robbins Drive |
Entity Address, City or Town | The Woodlands |
Entity Address, State or Province | TX |
Entity Address, Postal Zip Code | 77380 |
City Area Code | 832 |
Local Phone Number | 636-6000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common units |
Trading Symbol | WES |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0001423902 |
Amendment Flag | false |
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