Western Midstream Partners reports Q3 2026 results with record gas throughput and reaffirmed guidance
Western Midstream Partners, LP announced third‑quarter 2026 net income of $324.8 million and adjusted EBITDA of $708.3 million, a 12% year‑over‑year increase. The partnership recorded a record natural‑gas throughput of 5.9 billion cubic feet per day and paid a distribution of $0.930 per unit. It reaffirmed its 2026 adjusted EBITDA guidance of $2.750 billion to $2.950 billion and said capital spending will likely exceed the high end of its $850 million to $1.0 billion range.
Why it matters
The company’s reaffirmation of full‑year EBITDA guidance above the midpoint suggests upside potential for unitholders (the partnership said it expects full‑year adjusted EBITDA to exceed the midpoint of its range). The $0.930 per‑unit distribution provides immediate cash return to investors.
Key facts
- 1Third‑quarter 2026 net income attributable to limited partners was $324.8 million. prnewswire.com
- 2Quarterly adjusted EBITDA for Q3 2026 was $708.3 million, up 12% YoY. prnewswire.com
- 3Distributable cash flow for Q3 2026 was $512.3 million. prnewswire.com
- 4The partnership announced a Q3 distribution of $0.930 per unit (annualized $3.72 per unit). prnewswire.com
- 5Record natural‑gas throughput of 5.9 billion cubic feet per day was achieved in the quarter. prnewswire.com
- 6Capital expenditures in Q3 2026 totaled $303.4 million. prnewswire.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.