NYSE: WES Western Midstream Partners, LP 10-Q

WES integrates $2B Aris acquisition, adds water assets and debt; new saltwater lawsuit disclosed

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 7, 2025 · ~1 min read

Key Changes

  • high

    Completed $2.0B Aris acquisition in Q4 2025, driving 139% surge in produced-water throughput to 2,848 MBbls/d and adding $103.6M in fee-based revenues. Integration added $16.1M in annual interest expense from new and assumed debt.

    MD&A: Aris acquisition verify on EDGAR →
  • high

    Subsidiary Solaris faces lawsuit alleging saltwater injection harmed plaintiffs' oil/gas lease through negligence and trespass. Trial scheduled September 2026; defendants dispute liability and damages.

    Legal Proceedings verify on EDGAR →
  • high

    Amended West Texas gas-gathering contract replaces cost-of-service fees with fixed fees and adds minimum-volume commitments through 2027 in exchange for unit redemption, stabilizing revenue structure.

    MD&A: West Texas contract verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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