WES Mergers

Western Midstream to Acquire Aris Water Solutions

Published August 06, 2025 at 08:53 PM

HOUSTON--(BUSINESS WIRE)--Western Midstream Partners, LP (“WES” or the “Partnership”) (NYSE: WES) and Aris Water Solutions, Inc. (“Aris”) (NYSE: ARIS) announced today that the parties have entered into a definitive agreement pursuant to which WES will acquire all of the outstanding shares of Aris in an equity-and-cash transaction valued at approximately $1.5 billion. Under the terms of the agreement, Aris shareholders will receive 0.625 common units of WES for each Aris share, with the option t

Related Questions

How will the equity‑and‑cash transaction affect WES’s share price and trading volume in the near term? What regulatory approvals or antitrust considerations could delay or block the deal? What is the implied valuation multiple for Aris Water Solutions and how does it compare to industry benchmarks? What are the expected synergies and cost savings from the acquisition, and how will they be reflected in WES’s earnings forecasts? How will the issuance of 0.625 WES common units per Aris share dilute existing shareholders, and what impact will this have on EPS? Will the acquisition generate new revenue streams or cross‑selling opportunities for the midstream services offered by WES? What are the financing terms, including any debt financing or cash reserves used, and how will they affect WES’s balance sheet and leverage ratios? What are the possible risks or integration challenges that could affect the projected benefits of the deal? What is the timeline for deal closing and the integration plan for Aris’s water solutions business? What are the potential tax implications for both a US and international shareholders of the exchange‑for‑share transaction? How sensitive is the deal to fluctuations in oil, gas, and water market prices? How will the acquisition impact WES’s cash flow and dividend policy, particularly for current dividend yield?