Western Midstream Earnings Reports

Western Midstream reported $301.8 million in net income and $593.6 million in adjusted EBITDA for Q1 2025. Despite small declines in throughput across all product categories, the company maintained healthy margins and continued to execute on capital and distribution strategies.

Western Midstream Partners, LP reported Q4 2024 net income of $325.9 million and Adjusted EBITDA of $590.7 million. Natural gas, crude oil, and produced water throughput saw sequential growth. The company generated $309.3 million in free cash flow and maintained a strong balance sheet while executing its capital return strategy.