Western Midstream Partners announced strong first-quarter results during an earnings call on May 12, driven by acquisitions and higher oil prices. The company highlighted growth across its operations.
Western Midstream Partners, LP reported adjusted EBITDA of $683 million for the first quarter of 2026. This figure represented a 15 percent increase compared to the same period last year. Executives attributed the performance to the completed integration of the Aris acquisition, daily throughput gains in all product lines, and ongoing cost reductions. Higher crude oil prices in March also boosted margins through skim oil recoveries on Aris contracts. The call featured President and CEO Oscar Brown and CFO Kristen Shults, who discussed the fee-based nature of the portfolio alongside upside from commodity price movements. Integration of the acquired assets is now complete, with performance meeting expectations.
