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Stock impact report

Western Midstream: Why I Am Buying This 9% Yield Hand Over Fist [Seeking Alpha]

Aris Water Solutions, Inc. (ARIS) 
Last aris water solutions, inc. earnings: 6/8 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
WES recently agreed to acquire Aris Water Solutions for $1.5 billion, expanding its water infrastructure and recycling capacity significantly. Western Midstream Partners expects the deal to be accretive to FCF and it improves the company's revenue mix as well as customer base. Units trade at a reasonable 8.9X forward EBITDA, slightly below midstream peers, supporting an attractive valuation for income-focused investors. WES has grown its dividend at double-digit rates, on average, in the last several years, making it a dependable choice for dividend investors seeking long-term payout growth. Travel Ink/DigitalVision via Getty Images Western Midstream Partners ( NYSE: WES ) is a rapidly growing pipeline operator with an expanding asset footprint. WES recently announced the acquisition of Aris Water Solutions which is a premier water infrastructure platform in the Delaware This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares Show less Read more
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