Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues and other | | | | | | | | |
Revenues and other | 3,250.8 | 2,697.1 | 2,547.6 | 2,745.4 | 2,305.4 | 2,429.6 | 1,804.3 | 1,752.1 |
Revenues and other growth | 20.5% | 5.9% | -7.2% | 19.1% | -5.1% | 34.7% | 3.0% | 14.3% |
Equity income, net – related parties | 183.5 | 204.6 | 226.8 | 237.5 | 195.5 | 115.1 | 78.7 | 71.3 |
|
Operating expenses | | | | | | | | |
Operation and maintenance | 654.6 | 581.3 | 580.9 | 641.2 | 480.9 | 345.6 | 308.0 | 332.0 |
General and administrative | 194.0 | 195.5 | 155.8 | 114.6 | 67.2 | 53.9 | 49.2 | 44.4 |
Property and other taxes | 78.6 | 64.3 | 68.3 | 61.4 | 51.8 | 53.1 | 40.2 | 33.3 |
Depreciation and amortization | 582.4 | 551.6 | 491.1 | 483.3 | 389.2 | 318.8 | 272.9 | 272.6 |
Long-lived asset and other impairments | 20.6 | 30.5 | 203.9 | 6.3 | 230.6 | | | |
Total operating expenses | 1,951.0 | 1,745.6 | 2,129.1 | 1,750.9 | 1,635.2 | 1,905.3 | 1,180.1 | 1,726.2 |
Operating income (loss) | 1,587.9 | 1,336.3 | 878.9 | 1,231.3 | 861.3 | 801.7 | 704.5 | 154.2 |
Operating margin | 48.8% | 49.5% | 34.5% | 44.9% | 37.4% | 33.0% | 39.0% | 8.8% |
Interest expense | -333.9 | -376.5 | -380.1 | -303.3 | -183.8 | -142.5 | -116.6 | -113.9 |
Gain (loss) on early extinguishment of debt | 0.1 | -24.9 | 11.2 | | | | | |
Other income (expense), net | 1.6 | -0.6 | 1.0 | -123.8 | -4.8 | 1.4 | 0.5 | -0.6 |
Income (loss) before income taxes | 1,255.6 | 934.2 | 522.9 | 821.2 | 689.6 | 677.5 | 605.4 | 56.6 |
Income tax expense (benefit) | 4.2 | -9.8 | 6.0 | 13.5 | 58.9 | -59.9 | 8.4 | 45.5 |
Net income (loss) | 1,251.5 | 944.0 | 516.9 | 807.7 | 630.7 | 737.4 | 597.0 | 11.1 |
Net income (loss) attributable to noncontrolling interests | 34.4 | 27.7 | -10.2 | 110.5 | 79.1 | 196.6 | 251.2 | -154.4 |
Net income (loss) attributable to Western Midstream Partners, LP | 1,217.1 | 916.3 | 527.0 | 697.2 | 551.6 | 540.8 | 345.8 | 165.5 |
|
Limited partners' interest in net income (loss): | | | | | | | | |
Net income (loss) attributable to Western Midstream Partners, LP | 1,217.1 | 916.3 | 527.0 | 697.2 | 551.6 | 540.8 | 345.8 | 165.5 |
General partner interest in net (income) loss | -27.5 | -19.8 | -11.1 | -5.6 | | | | |
Limited partners' interest in net income (loss) | 1,189.6 | 896.5 | 515.9 | 662.3 | 369.4 | 376.6 | 334.4 | 86.1 |
|
Net income (loss) per common unit - basic | $3.01 | $2.18 | $1.18 | $1.59 | | | | |
Net income (loss) per common unit - diluted | $3.00 | $2.18 | $1.18 | $1.59 | | | | |
|
Weighted-average common units outstanding - basic | 395.0 | 411.3 | 435.6 | 415.8 | | | | |
Weighted-average common units outstanding - diluted | 396.2 | 412.0 | 435.6 | 415.8 | | | | |
|