Western Midstream and Aris Water Solutions Announce Preliminary Election Results for Merger Consideration

Western Midstream Partners and Aris Water Solutions announce the preliminary results of the merger consideration election. Holders of 9.6 million shares of Aris Class A Common Stock and 4.3 million Aris OpCo Stapled Units elected to receive WES common units, 1.9 million shares and 9.3 million Aris OpCo Stapled Units elected to receive a mix of cash and WES common units, and 21.2 million shares and 12.9 million Aris OpCo Stapled Units elected to receive cash. The total cash consideration payable in the transaction will not exceed $415 million.