High materiality8/10
Public signal · 1-minute delayed
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WES's revenue rose 22.7% year-over-year to $905.6 million in Q2. Mentone Train III and North Loving projects will drive future growth. WES aims for net leverage under three times with capital projects ongoing. WES has a 9% distribution yield, higher than sector median at 4.6%. Company shows excess free cash flow, ensuring stability in distributions.
- WES's revenue rose 22.7% year-over-year to $905.6 million in Q2.
- Mentone Train III and North Loving projects will drive future growth.
- WES aims for net leverage under three times with capital projects ongoing.
- WES has a 9% distribution yield, higher than sector median at 4.6%.
- Company shows excess free cash flow, ensuring stability in distributions.
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