Western Midstream Partners LP

Common Name

Western Midstream Partners

Country

United States

Sector

Energy

Industry

Oil & Gas Midstream

Employees

1,511

Ticker

WES

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.westernmidstream.com

Description

Western Midstream Partners, LP is a publicly traded master limited partnership primarily engaged in gathering, processing, and transporting natural gas, condensate, natural gas liquids (NGLs), and cru... Show more

Financial Statements of Western Midstream Partners

Below are the financial statements of Western Midstream Partners, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Revenues and other	—	—	—
Service revenues - fee based	3,248.26^a	2,768.76^a	2,602.05^a
Service revenues - product based	215.78^a	191.73^a	249.69^a
Product sales	140.1^a	145.02^a	399.02^a
Other	1.09^a	0.97^a	0.95^a
Total revenues and other	3,605.22^a	3,106.48^a	3,251.72^a
Equity income, net - related parties	112.39^a	152.96^a	183.48^a
Operating expenses	—	—	—
Cost of product	-172.25^a	-164.6^a	-420.9^a
Operation and maintenance	-880.57^a	-762.53^a	-654.57^a
General and administrative	-271.53^a	-232.63^a	-194.02^a
Property and other taxes	-62.67^a	-56.46^a	-78.56^a
Depreciation and amortization	-650.43^a	-600.67^a	-582.37^a
Long-lived asset and other impairments	-6.21^a	-52.88^a	-20.59^a
Total operating expenses	-2,043.65^a	-1,869.77^a	-1,950.99^a
Gain (loss) on divestiture and other, net	296.77^a	-10.1^a	103.68^a
Operating income (loss)	1,970.73^a	1,379.56^a	1,587.89^a
Interest expense	-378.51^a	-348.23^a	-333.94^a
Gain (loss) on early extinguishment of debt	5.4^a	15.38^a	0.09^a
Other income (expense), net	31.74^a	5.68^a	1.6^a
Income (loss) before income taxes	1,629.36^a	1,052.39^a	1,255.64^a
Income tax expense (benefit)	-18.11^a	-4.39^a	-4.19^a
Net income (loss)	1,611.25^a	1,048.01^a	1,251.46^a
Net income (loss) attributable to noncontrolling interests	37.68^a	25.79^a	34.35^a
Net income (loss) attributable to Western Midstream Partners, LP	1,573.57^a	1,022.22^a	1,217.1^a
Limited partners’ interest in net income (loss)	—	—	—
Net income (loss) attributable to Western Midstream Partners, LP	1,573.57^a	1,022.22^a	1,217.1^a
General partner interest in net (income) loss	-36.6^a	-23.68^a	-27.54^a
Limited partners’ interest in net income (loss)	1,536.97^a	998.53^a	1,189.56^a
Service revenues - fee based	3,248.26^a	2,768.76^a	2,602.05^a
Service revenues - product based	215.78^a	191.73^a	249.69^a
Product sales	140.1^a	145.02^a	399.02^a
Other	1.09^a	0.97^a	0.95^a
Total revenues and other	3,605.22^a	3,106.48^a	3,251.72^a
Equity income, net - related parties	112.39^a	152.96^a	183.48^a
Cost of product	-172.25^a	-164.6^a	-420.9^a
Operation and maintenance	-880.57^a	-762.53^a	-654.57^a
General and administrative	-269.65^a	-229.69^a	-191.36^a
Property and other taxes	-62.67^a	-56.46^a	-78.56^a
Depreciation and amortization	-650.43^a	-600.67^a	-582.37^a
Long-lived asset and other impairments	-6.21^a	-52.88^a	-20.59^a
Total operating expenses	-2,041.77^a	-1,866.83^a	-1,948.34^a
Gain (loss) on divestiture and other, net	296.77^a	-10.1^a	103.68^a
Operating income (loss)	1,972.61^a	1,382.51^a	1,590.54^a
Interest expense	-378.51^a	-348.23^a	-333.94^a
Gain (loss) on early extinguishment of debt	5.4^a	15.38^a	0.09^a
Other income (expense), net	31.49^a	5.4^a	1.56^a
Income (loss) before income taxes	1,630.99^a	1,055.06^a	1,258.25^a
Income tax expense (benefit)	-18.1^a	-4.38^a	-4.18^a
Net income (loss)	1,612.88^a	1,050.68^a	1,254.07^a
Net income (loss) attributable to noncontrolling interest	5.53^a	4.87^a	9.45^a
Net income (loss) attributable to Western Midstream Operating, LP	1,607.36^a	1,045.81^a	1,244.62^a

Verified Sources Behind Western Midstream Partners’s Financial Fundamentals Data

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a. Western Midstream Partners's 10-K 2024

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Western Midstream Partners LP

Financial Statements of Western Midstream Partners

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