Q2 2023 Western Midstream Partners LP Post-Earnings Interview Transcript

Aug 15, 2023 / NTS GMT
Daniel Edwards Jenkins - Western Midstream Partners, LP - Director of IR - Western Midstream Holdings LLC

Welcome to Western Midstream's Second Quarter 2023 Post Earnings Call Fireside Chat with our Chief Financial Officer, Kristen Shults; and our Senior Vice President of Operations, Danny Holderman. Let's get started today.

Questions and Answers:

Daniel Edwards Jenkins - Western Midstream Partners, LP - Director of IR - Western Midstream Holdings LLC

Kristen, can you talk about what WES saw from a throughput perspective during the second quarter? How did this compare to our initial expectations?

Kristen S. Shults - Western Midstream Partners, LP - Senior VP & CFO - Western Midstream Holdings LLC

Sure. So in the second quarter, we saw an increase portfolio-wide for neutral gas and our crude oil and NGLs. If you remember, during the first quarter, we had inclement weather in Utah and Wyoming. And so that impacted both the natural gas and the crude oil volumes in Q1. So we saw a bounce back of those volumes. And
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