Western Midstream Partners LP (WES) CEO Michael Ure on Q4 2019 Results - Earnings Call Transcript

Western Midstream Partners LP (NYSE:WES) Q4 2019 Results Earnings Conference Call February 28, 2020 2:00 PM ET

Company Participants

Abby Dempsey - Investor Relations
Michael Ure - Chief Executive Officer
Mike Pearl - Chief Financial Officer
Craig Collins - Chief Operating Officer

Conference Call Participants

Colton Bean - Tudor, Pickering & Holt
Jeremy Tonet - JP Morgan
Derek Walker - Bank of America
Spiro Dounis - Credit Suisse
Shneur Gershuni - UBS

Operator

Good day, and welcome to the Western Midstream Partners fourth quarter 2019 earnings conference call. All participants will be in listen-only mode. [Operator Instructions] Please note, today's event is being recorded.

I'd now like to turn the conference over to Abby Dempsey, Investor Relations. Please go ahead.

Abby Dempsey

Thank you. I'm glad you could join us today for Western Midstream's fourth quarter 2019 conference call. I'd like to remind you that today's call, the accompanying slide deck and last night's earnings release contain important disclosures regarding forward-looking statements and non-GAAP reconciliations. Please reference Western Midstream's Form 10-K and our other public filings for a description of risk factors that could cause actual results to differ materially from what we discussed today. Those materials are all posted on our website at www.westernmidstream.com.

Additionally, I am pleased to inform you that the Western Gas Partners and Western Midstream Partners, K-1s will be available on our website in mid-March. Hard copies will be mailed out several days later. With me today are Michael Ure, our Chief Executive Officer; Mike Pearl, our Chief Financial Officer; and Craig Collins, our Chief Operating Officer.

I would now like to turn the call over to Michael Ure.

Michael Ure

Thank you, Abby, and good afternoon, everyone. 2019 was a historic year for WES. The Partnership completed the Simplification Transaction and related asset acquisitions from Anadarko Petroleum, who was acquired