Previous close | 0.1200 |
Open | 0.1200 |
Bid | 0.0000 |
Ask | 0.2500 |
Strike | 20.00 |
Expiry date | 2024-05-17 |
Day's range | 0.1200 - 0.1200 |
Contract range | N/A |
Volume | |
Open interest | 9 |
Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced first-quarter 2024 financial and operating results. Net income (loss) attributable to limited partners for the first quarter of 2024 totaled $559.5 million, or $1.47 per common unit (diluted), with first-quarter 2024 Adjusted EBITDA(1) totaling $608.4 million. First-quarter 2024 Cash flows provided by operating activities totaled $399.7 million, and first-quarter 2024 Free cash flow(1) totaled $225.0 million.
Western Midstream (WES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution ("Base Distribution") of $0.8750 per unit for the first quarter of 2024, or $3.50 on an annualized basis, which is 52-percent higher than the prior quarter's distribution and in-line with WES's previously announced expectations. WES's first-quarter 2024 Base Distribution is payable on May 15, 2024, to unitholders of reco