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Western Midstream Announces Fourth-Quarter Post-Earnings Interview with CFO, Kristen Shults

and Participation in Upcoming Investor Conferences HOUSTON, Feb. 23, 2026 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that tomorrow before the market open it will make available on its website at www.westernmidstream.com a post-earnings interview with Kristen Shults, Senior Vice President and Chief Financial Officer that provides additional insights related to WES's full-year and fourth-quarter 2025 results and 2026 outlook. WES intends to participate in the following investor conferences during the first and second quarters of 2026: Morgan Stanley Energy & Power Conference, in New York, New York, on March 3, 2026 Barclays IG Energy & Utilities Corporate Days, in New York, New York, on March 4, 2026 NYSE Investor Access Energy & Utilities Day (Virtual) on March 19, 2026 US Capital Advisors 15th Annual Midstream Corporate Access Day in Houston, Texas on April 1, 2026 The 23rd Annual Energy Infrastructure CEO & Investor Conference in Adventura, Florida, on May 19 – 20, 2026 ABOUT WESTERN MIDSTREAM Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets.

Western Midstream Announces Record Fourth-Quarter and Full-Year 2025 Results

Announces 2026 Financial Guidance Reported fourth-quarter 2025 Net income attributable to limited partners of $187.2 million, generating record fourth-quarter Adjusted EBITDA(1) of $635.6 million, which included $29.5 million of unfavorable non-cash revenue adjustments. Reported full-year 2025 Net income attributable to limited partners of $1.154 billion, generating record full-year Adjusted EBITDA(1) of $2.481 billion, exceeding the midpoint of the full-year 2025 Adjusted EBITDA guidance range of $2.350 billion to $2.550 billion, and representing a 6-percent year-over-year increase.

WESTERN MIDSTREAM ANNOUNCES DELAWARE BASIN NATURAL-GAS CONTRACT AMENDMENTS IN EXCHANGE FOR COMMON UNITS AND ANNOUNCES INTERVIEW WITH CEO, OSCAR BROWN, AND CFO, KRISTEN SHULTS, DISCUSSING THESE TRANSACTIONS

HOUSTON, Jan. 20, 2026 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today that it has renegotiated natural-gas gathering and processing contracts in the Delaware Basin with a subsidiary of Occidental Petroleum Corporation ("Occidental"), replacing the legacy cost-of-service structure of the gathering contract with a simplified, fixed-fee structure, which will continue to be supported by an acreage dedication. Additionally, WES entered into new agreements with ConocoPhillips to deliver natural-gas volumes to WES under a new dedication arrangement for existing volumes on WES's system.

WESTERN MIDSTREAM ANNOUNCES PRICING OF NOTES OFFERING

HOUSTON , Dec. 1, 2025 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or "Western Midstream") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $600 million in aggregate principal amount of 4.800% senior notes due 2031 at a price to the public of 99.993% of their face value (the "2031 Senior Notes") and $600 million in aggregate principal amount of 5.500% senior notes due 2035 at a price to the public of 99.405% of their face value (the "2035 Senior Notes" and, together with the 2031 Senior Notes, the "Senior Notes"). The offering of the Senior Notes is expected to close on December 4, 2025, subject to the satisfaction of customary closing conditions.