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Stock impact report

Another Monster Energy Dividend Takes a Hit [The Motley Fool]

Western Midstream Partners, LP Common Units Representing Limited Partner Interests (WES) 
Last western midstream partners, lp common units representing limited partner interests earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
AddWestern Midstream Partners(NYSE:WESenergy sector's dividend casualties. Withcrude oil prices continuing to crater, the master limited partnership (MLP) is taking action to preserve cash amid the sector's worsening downturn, including slashing its sizable payout by 0%.It's another tough break for income investors. The sector, which had treated investors to lavish payouts over the years, has been doing nothing but taking them away this year.Image source: Getty Images.Writing on the wallWestern Midstream entered this year with high hopes. It anticipated that the expansion projects it finished last year would help boost the volumes flowing through its systems as well as the associated fees. In its view, this growth would fuel a % earnings increase this year. That would enable it to cover its payout with cash by . times. This cushion initially led Western to believe it could boost its distribution by another % in 00.However, with energy prices crating, and Western Midstream's main custo Show less Read more
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