Western Midstream Reports Q3 2026 Results with 12% Adjusted EBITDA Growth
Western Midstream (WES) reported third-quarter 2026 results characterized by strong operational throughput and significant growth in the Delaware Basin. The company achieved an Adjusted EBITDA of $708.3 million, a 12% increase year-over-year, driven largely by natural gas throughput reaching 5.9 billion cubic feet per day following the Brazos acquisition. Despite record produced water throughput and strong cash distributions, net income saw a slight decline to $324.8 million due to lower pricing and increased expenses. Management provided optimistic full-year guidance, expecting 2026 Adjusted EBITDA to exceed the midpoint of their $2.75 billion to $2.95 billion range, supported by strong commodity prices and upcoming well connections.
Tickers: $WES
Topics: Capital Expenditure EBITDA Guidance Natural Gas Throughput Net Income