Western Midstream Partners LP - Company Profile
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Western Midstream Partners LP (Western Midstream), a subsidiary of Occidental Petroleum Corp, is a midstream oil and gas company. The company’s robust operational capabilities, support from the parent company and strategic presence in high-return basins strengthened its operations, even as increase in debt could be a cause for concern. Nevertheless, global demand for oil, strategic acquisitions and strategic initiatives could provide growth opportunities for the company. However, fluctuations in oil and gas prices, intense competition and stringent regulations could affect its operations.
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