Western Midstream Partners LP has announced a quarterly cash distribution of $0.910 per unit for the second quarter of 2025, maintaining the same level as the previous quarter. The distribution is scheduled for payment on August 14, 2025. The company plans to release its second-quarter 2025 financial results after market close on August 6, 2025, followed by a conference call on August 7, 2025.
Western Midstream Partners LP (NYSE: WES) has declared a quarterly cash distribution of $0.910 per unit for the second quarter of 2025. This amount is consistent with the previous quarter's distribution and equates to an annual distribution of $3.64 per unit. The distribution will be paid on August 14, 2025, to unitholders of record as of August 1, 2025.
The company will release its second-quarter 2025 financial results after market close on August 6, 2025, followed by a conference call on August 7, 2025, at 9:00 a.m. Central Time. The earnings call will be accessible via phone and webcast through the company's website.
Western Midstream Partners LP is a midstream master limited partnership (MLP) that primarily supports its parent company, Occidental Petroleum. The MLP is known for its stable cash flows, with a significant portion of its revenue tied to cost-of-service and minimum volume commitments. This structure helps deliver steady results, even when commodity prices are volatile.
The company's infrastructure supports Occidental's growth plans, and its most notable project in the pipeline is the Pathfinder produced-water system, expected to be operational by the start of 2027. This $400 million to $450 million investment is designed to handle over 800,000 barrels of produced water per day, contributing to solid EBITDA growth once fully operational.
Western Midstream Partners LP is backed by solid fundamentals, with a 1.2 times coverage ratio based on free cash flow and leverage below 3 times. The company's attractive valuation, trading at an enterprise-value-to-EBITDA (EV/EBITDA) of just over 9 times, makes it an attractive option for income-focused investors.
For the latest financial information and updates, investors are encouraged to stay tuned to Western Midstream Partners LP's official announcements and earnings calls.
References:
[1] https://www.nasdaq.com/articles/3-ultra-high-yield-dividend-stocks-i-dont-plan-ever-selling-0
[2] https://www.stocktitan.net/news/WES/western-midstream-announces-second-quarter-2025-distribution-and-c4ij04b9gq8t.html
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