Western Midstream Partners, LP Declares Quarterly Cash Distribution, Payable on February 13, 2020
January 20, 2020 at 04:01 pm
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Western Midstream Partners, LP announced the board of directors of its general partner declared a quarterly cash distribution of $0.622 per unit for the fourth-quarter of 2019, resulting in a full-year 2019 distribution increase of 5% over the full-year 2018. This distribution represents WES's 28th consecutive quarterly distribution increase. WES's fourth-quarter 2019 distribution is payable February 13, 2020, to unit holders of record at the close of business January 31, 2020.
Western Midstream Partners, LP acquires, owns, develops and operates midstream assets. The Company is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas, gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil, and gathering and disposing of produced water. The Companyâs midstream assets are located in Texas, New Mexico, Colorado, Utah and Wyoming. In addition, in its capacity as a processor of natural gas, the Company also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain contracts. The Companyâs subsidiaries include Western Midstream Operating GP, LLC, Western Midstream Services, LLC, Western Midstream Services Holdings, LLC and Western Midstream Operating, LP.
WESTERN MIDSTREAM PARTNERS, LP 
