Western Midstream: Distribution Increases 52% As The Turnaround Continues
Western Midstream(WES) Seeking Alpha·2024-07-09 02:26
Western Midstream largely provides transportation to either long-distance connections or a gathering service, after which a competitor transports the production to a customer or for export. Shown below are the major products that are gathered and transported. When Occidental gained control of this midstream company, the center of operations was the DJ Basin. That's the one that has been upgraded and rationalized the most. On the other hand, the Delaware Basin is much more favorably located for natural gas e ...