• Western Midstream Partners posted 1Q’26 net income of $342 million, while adjusted EBITDA rose 15% year over year to $683 million.
• Distributable cash flow totaled $509 million, while free cash flow fell to $242.3 million from $340.8 million in 4Q’25.
• Delaware Basin throughput increased sequentially across all three products, with natural-gas volumes up 3% quarter over quarter to 2,035 MBbls/d and produced-water volumes up 4% to 2,795 MBbls/d.
• Quarterly distribution increased 2.2% to $0.93 per unit, while Western Midstream executed an agreement to acquire Brazos Delaware for $1.6 billion in a leverage-neutral transaction.
• Western Midstream guided to 2026 adjusted EBITDA of $2.5 billion-$2.7 billion and distributable cash flow of $1.85 billion-$2.05 billion, while forecasting an ~80% increase in produced-water throughput.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Midstream Partners LP published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.