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Western Midstream Partners (WES)
NYSE:WES
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.84Last Year’s EPS
0.97Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 8.32%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with significant achievements such as the commissioning of the North Loving plant and a strong financial position. However, concerns about sequential throughput declines, market volatility, and commodity price impacts were also highlighted.Company Guidance
During the Western Midstream Partners First Quarter 2025 Earnings Conference Call, significant guidance was provided regarding the company's financial and operational outlook. Key metrics included a 13% increase in natural gas processing capacity with the commissioning of the North Loving plant, net leverage below three times, and approximately $2.4 billion in liquidity. The company reported a net income attributable to limited partners of $302 million, an adjusted EBITDA of $594 million, and a free cash flow of $399 million. Operationally, there was a 2% sequential decrease in natural gas throughput and a 6% decrease in crude oil and NGL throughput. Despite these declines, the company expects mid-single-digit percentage growth in natural gas and produced water throughput, and low single-digit growth in crude oil and NGLs for the year. The company maintains an investment-grade credit rating and plans to retire senior notes maturing in 2025. While maintaining its 2025 financial guidance ranges, the company acknowledged potential impacts from lower commodity prices but remains confident in its financial resilience and strategic positioning.North Loving Plant Commissioning
The North Loving plant in the Delaware Basin was completed and became operational in February, increasing West Texas natural gas processing capacity by approximately 13% or 250 million cubic feet per day.
Strong Balance Sheet and Liquidity
Western Midstream has an investment grade credit rating, net leverage below three times, and approximately $2.4 billion of liquidity.
Positive Conversations for Pathfinder Pipeline
Positive discussions with customers and midstream providers for contracting pipe space on the Pathfinder produced water pipeline, expected to be in service by January 2027.
Adjusted Gross Margin Increases
Natural gas assets saw an adjusted gross margin increase of $0.05 per thousand cubic feet, and crude oil and NGL assets increased by $0.17 per barrel compared to the prior quarter.
Distribution Increase
Declared a quarterly distribution of $0.91 per unit, representing a 4% increase over the prior quarter's distribution.
WES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $35.95 | $36.62 | +1.86% |
Feb 26, 2025 | $40.44 | $39.95 | -1.21% |
Nov 06, 2024 | $37.71 | $36.51 | -3.18% |
Aug 07, 2024 | $37.35 | $37.77 | +1.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Western Midstream Partners (WES) report earnings?
Western Midstream Partners (WES) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Western Midstream Partners (WES) earnings time?
Western Midstream Partners (WES) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WES EPS forecast?
WES EPS forecast for the fiscal quarter 2025 (Q2) is 0.84.