Page 4 - Western Midstream News Today

Operator: Good afternoon. My name is Shiloh [ph] and Ill be your conference operator today.

Two days ago, MDN told you about the rumor that Occidental Petroleum is considering a sale of its majority share in Western Midstream Partners for $20 billion, looking to work down a big pile of debt (see Sources: Occidental Looking to Sell Its Share of Western Midstream). That post was mainly about the dispute over

While the upstream mega deals in the U.S. shale patch have been drawing the most market attention, pipeline operators are also embarking on a merger spree

Occidental is hoping to avoid repeating its past mistakes.

Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of close to $20 billion, including debt, according to people familiar with the matter.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.

Reported fourth-quarter 2023 Net income attributable to limited partners of $281.6 million, generating fourth-quarter Adjusted EBITDA(1) of $570.7 million....

Occidental Petroleum is considering a sale of its $20 billion natural gas pipeline operator Western Midstream Partners, anonymous sources told Reuters

Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt, according to...