Western Midstream Partners LP Files 8-K
Ticker: WES · Form: 8-K · Filed: Nov 1, 2024 · CIK: 1423902
| Field | Detail |
|---|---|
| Company | Western Midstream Partners, LP (WES) |
| Form Type | 8-K |
| Filed Date | Nov 1, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $950,000, $300,000, $6,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-change
Related Tickers: WES
TL;DR
WES filed an 8-K detailing director changes and executive appointments.
AI Summary
Western Midstream Partners, LP filed an 8-K on October 28, 2024, reporting on the departure of a director, election of a new director, appointment of officers, and compensatory arrangements. The filing also includes Regulation FD disclosures and financial statements/exhibits. The company is incorporated in Delaware and its fiscal year ends on December 31.
Why It Matters
This filing provides updates on corporate governance and executive changes, which can impact investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain significant negative news.
Key Numbers
- 001-35753 — SEC File Number (Identifies the company's filing with the SEC)
Key Players & Entities
- Western Midstream Partners, LP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- October 28, 2024 (date) — Date of earliest event reported
FAQ
Who departed from the board of directors?
The filing indicates the departure of a director, but the specific name is not provided in the excerpt.
Was a new director elected?
Yes, the filing reports on the election of a new director.
What other corporate actions are reported?
The filing also covers the appointment of certain officers and details compensatory arrangements for certain officers.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the company's primary industry?
Western Midstream Partners, LP is in the NATURAL GAS TRANSMISSION industry.
Filing Stats: 1,515 words · 6 min read · ~5 pages · Grade level 13.2 · Accepted 2024-11-01 16:23:54
Key Financial Figures
- $950,000 — s follows: (1) an annual base salary of $950,000; (2) a special target bonus of $300,000
- $300,000 — $950,000; (2) a special target bonus of $300,000 for 2024 under the WES Cash Bonus Progr
- $6,000,000 — ial grant of time-based units valued at $6,000,000, which vest annually over a three-year
Filing Documents
- wes-20241028.htm (8-K) — 34KB
- wes20248-kxoctoberxex991.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 20KB
- 0001423902-24-000074.txt ( ) — 205KB
- wes-20241028.xsd (EX-101.SCH) — 2KB
- wes-20241028_lab.xml (EX-101.LAB) — 21KB
- wes-20241028_pre.xml (EX-101.PRE) — 12KB
- wes-20241028_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the Partnership's related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in the press release is being furnished, not filed, pursuant to Item 7.01. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Partnership under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated October 28, 2024 issued by the Partnership. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTERN MIDSTREAM PARTNERS, LP By: Western Midstream Holdings, LLC, its general partner Dated: November 1, 2024 By: /s/ Kristen S. Shults Kristen S. Shults Senior Vice President and Chief Financial Officer