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 $0.856 per unit for the first quarter of 2023. This distribution includes the Partnership’s quarterly Base Distribution of $0.500 per unit, which is consistent with the Partnership’s previously disclosed annualized Base Distribution target of $2.00 per unit, as well as an Enhanced Distribution of $0.356 per unit, which pertains to the Partnership’s 2022 financial performance. The distribution is payable on May 15, 2023, to unitholders of record at the close of business on May 1, 2023.
Western Midstream Announces First-Quarter 2023 Distribution, 2022 Enhanced Distribution, and First-Quarter 2023 Earnings Conference Call
Apr 20, 2023
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