05:10 PM EDT, 08/12/2024 (MT Newswires) -- Western Midstream Partners ( WES ) said late Monday that Occidental (OXY) affiliates have launched a secondary public offering of 19 million Western Midstream ( WES ) common units representing limited partner interests in the company.
The selling unit holders plan to grant a 30-day overallotment option to the underwriter to acquire up to 2.85 million additional units, Western Midstream ( WES ) said.
The shares of Western Midstream ( WES ) were down 3.1% in after-hours activity.
Price: 36.75, Change: -1.18, Percent Change: -3.11