Western Midstream Partners, LP Announces Quarterly Cash Distribution for the Fourth Quarter of 2022, Payable on February 13, 2023
January 20, 2023 at 06:30 pm IST
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Western Midstream Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per
unit for the fourth quarter of 2022. This distribution is in line with the prior quarter's distribution and is consistent with the partnership's previously disclosed annualized regular quarterly distribution target of $2.00 per unit. The fourth-quarter 2022 distribution is payable February 13, 2023, to unitholders of record at the close of business on February 1, 2023.
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 
