WESTERN MIDSTREAM ANNOUNCES FOURTH-QUARTER 2024 DISTRIBUTION AND EARNINGS CONFERENCE CALL
Western Midstream Partners (WES) has declared a quarterly cash distribution of $0.8750 per unit for Q4 2024, maintaining the same Base Distribution as the previous quarter. This represents $3.50 on an annualized basis. The distribution will be paid on February 14, 2025, to unitholders of record as of February 3, 2025.
The Partnership has scheduled its fourth-quarter and full-year 2024 earnings release for February 26, 2025, after market close, followed by a conference call on February 27, 2025, at 1:00 p.m. Central time to discuss the results.
Western Midstream Partners (WES) ha dichiarato una distribuzione in contante trimestrale di $0,8750 per unità per il quarto trimestre del 2024, mantenendo la stessa distribuzione di base del trimestre precedente. Ciò rappresenta $3,50 su base annuale. La distribuzione sarà pagata il 14 febbraio 2025 agli azionisti registrati al 3 febbraio 2025.
La Partnership ha programmato la diffusione dei risultati del quarto trimestre e dell'anno intero 2024 per il 26 febbraio 2025, dopo la chiusura del mercato, seguita da una conferenza telefonica il 27 febbraio 2025 alle 13:00 ora centrale per discutere i risultati.
Western Midstream Partners (WES) ha declarado una distribución en efectivo trimestral de $0.8750 por unidad para el cuarto trimestre de 2024, manteniendo la misma distribución base que el trimestre anterior. Esto representa $3.50 en base anualizada. La distribución se pagará el 14 de febrero de 2025 a los titulares de unidades registrados hasta el 3 de febrero de 2025.
La sociedad ha programado la liberación de los resultados del cuarto trimestre y del año completo 2024 para el 26 de febrero de 2025, después del cierre del mercado, seguida de una conferencia telefónica el 27 de febrero de 2025 a la 1:00 p.m. hora central para discutir los resultados.
Western Midstream Partners (WES)는 2024년 4분기에 대해 주당 $0.8750의 분기 현금 배당금 선언했으며, 이는 이전 분기와 동일한 기준 배당으로 유지됩니다. 이는 연간 기준으로 $3.50에 해당합니다. 배당금은 2025년 2월 14일에 2025년 2월 3일 기준 주주에게 지급될 것입니다.
파트너십은 2024년 4분기 및 전체 연간 실적 발표를 2025년 2월 26일에 시장 마감 후로 예정하고 있으며, 결과를 논의하기 위해 2025년 2월 27일 오후 1시(중앙시간)에 전화 회의를 진행할 예정입니다.
Western Midstream Partners (WES) a déclaré une distribution en espèces trimestrielle de 0,8750 $ par unité pour le quatrième trimestre 2024, maintenant la même distribution de base que le trimestre précédent. Cela représente 3,50 $ sur une base annualisée. La distribution sera versée le 14 février 2025 aux détenteurs d'unités enregistrés jusqu'au 3 février 2025.
Le partenariat a programmé la publication de ses résultats pour le quatrième trimestre et l'année entière 2024 pour le 26 février 2025, après la fermeture du marché, suivie d'une conférence téléphonique le 27 février 2025 à 13h00, heure centrale, pour discuter des résultats.
Western Midstream Partners (WES) hat eine vierteljährliche Barausschüttung von $0,8750 pro Einheit für das vierte Quartal 2024 erklärt und hält damit die gleiche Basisverteilung wie im vorherigen Quartal aufrecht. Dies entspricht $3,50 auf annualisierter Basis. Die Ausschüttung wird am 14. Februar 2025 an die Einheitsinhaber, die zum 3. Februar 2025 registriert sind, ausgezahlt.
Die Partnerschaft hat die Veröffentlichung der Ergebnisse für das vierte Quartal und das Gesamtjahr 2024 auf den 26. Februar 2025 nach Börsenschluss angesetzt, gefolgt von einer Telefonkonferenz am 27. Februar 2025 um 13:00 Uhr zentraler Zeit, um die Ergebnisse zu besprechen.
- Maintained steady quarterly distribution of $0.8750 per unit ($3.50 annualized)
- Consistent dividend payment schedule demonstrates financial stability
- None.
Insights
Western Midstream's Q4 2024 distribution announcement reveals several key insights for investors. At the current unit price of
The decision to maintain the quarterly distribution at
For income-focused investors, particularly those in the MLP space, the maintained distribution level provides reliable quarterly income streams. The February 14 payment date, with a February 3 record date, offers a clear timeline for income planning. While some investors might prefer to see distribution growth, the stability in the current macroeconomic environment demonstrates prudent financial management and sustainable payout levels.
The Partnership plans to report its fourth-quarter and full-year 2024 results after market close on Wednesday, February 26, 2025. Management will host a conference call on Thursday, February 27, 2025, at 1:00 p.m. Central (2:00 p.m. Eastern) to discuss the Partnership's quarterly and full-year results. Participants are encouraged to dial into the conference call ten to fifteen minutes before the scheduled start time to avoid any delays entering the call. The full text of the release announcing the results will be available on the Partnership's website at www.westernmidstream.com.
Fourth-Quarter and Full-Year 2024 Results
Thursday, February 27, 2025
1:00 p.m. Central (2:00 p.m. Eastern)
Dial-in number: 800-836-8184
International dial-in number: 646-357-8785
To participate in WES's scheduled fourth-quarter and full-year 2024 earnings call, please refer to the above-listed dial-in information. 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 following the call.
ABOUT WESTERN MIDSTREAM
Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in
For more information about WES, please visit www.westernmidstream.com.
This news release contains forward-looking statements. WES and its general partner believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release. These factors include our ability to meet distribution expectations and financial guidance; our ability to safely and efficiently operate WES's assets; the supply of, demand for, and price of oil, natural gas, NGLs, and related products or services; our ability to meet projected in-service dates for capital-growth projects; construction costs or capital expenditures exceeding estimated or budgeted costs or expenditures; and the other factors described in the "Risk Factors" section of WES's most-recent Form 10-K filed with the Securities and Exchange Commission and other public filings and press releases. WES undertakes no obligation to publicly update or revise any forward-looking statements.
Note regarding Non-United States Investors: This release is intended to be a qualified notice under Treasury Regulation Sections 1.1446-4(b) and 1.1446(f)-4. Brokers and nominees should treat one hundred percent (
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations
Investors@westernmidstream.com
866-512-3523
Rhianna Disch
Manager, Investor Relations
Investors@westernmidstream.com
866-512-3523
View original content to download multimedia:https://www.prnewswire.com/news-releases/western-midstream-announces-fourth-quarter-2024-distribution-and-earnings-conference-call-302358805.html
SOURCE Western Midstream Partners, LP
FAQ
What is Western Midstream's (WES) Q4 2024 distribution amount per unit?
When will WES pay its Q4 2024 distribution?
When will Western Midstream (WES) release its Q4 2024 earnings?