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Income Statement
Balance Sheet
Cash Flow Statement

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Op Efficiency
Credit Analysis

Western Midstream Partners, LP (WGP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues and other          
Revenues and other  3,088.43,226.43,250.83,145.13,026.82,823.32,697.12,621.4
            Revenues and other growth  2.0%14.3%20.5%20.0%19.8%14.5%5.9%-1.9%
Equity income, net – related parties  166.8172.9183.5184.7191.9202.1204.6209.3
   
Operating expenses          
Operation and maintenance  715.1699.8654.6634.7585.1569.9581.3578.4
General and administrative  202.1196.5194.0200.2202.4199.0195.5177.3
Property and other taxes  62.866.978.678.873.068.364.357.1
Depreciation and amortization  596.9592.4582.4574.7556.8555.7551.6513.8
Long-lived asset and other impairments  73.173.020.61.43.0 30.532.5
    Total operating expenses  1,945.72,028.21,951.01,890.11,797.11,714.81,745.61,643.8
    Operating income (loss)  1,412.61,473.31,587.91,485.01,511.21,448.81,336.31,383.5
            Operating margin  45.7%45.7%48.8%47.2%49.9%51.3%49.5%52.8%
Interest expense  -335.6-330.2-333.9-338.8-349.0-363.5-376.5-388.3
Gain (loss) on early extinguishment of debt  6.8   -24.6  -24.1
Other income (expense), net  5.62.71.60.50.60.7-0.6-0.6
    Income (loss) before income taxes  1,089.41,145.91,255.61,146.71,138.21,061.3934.2970.5
Income tax expense (benefit)  3.03.84.2-10.5-9.1-9.1-9.86.6
    Net income (loss)  1,086.51,142.11,251.51,157.31,147.31,070.4944.0963.9
Net income (loss) attributable to noncontrolling interests  27.830.134.433.033.131.227.727.3
    Net income (loss) attributable to Western Midstream Partners, LP  1,058.61,112.01,217.11,124.31,114.31,039.2916.3936.7
   
Limited partners' interest in net income (loss):          
Net income (loss) attributable to Western Midstream Partners, LP  1,058.61,112.01,217.11,124.31,114.31,039.2916.3936.7
General partner interest in net (income) loss  -24.5-25.4-27.5-25.1-24.4-22.6-19.8-20.1
Limited partners' interest in net income (loss)  1,034.11,086.61,189.61,099.21,089.91,016.6896.5916.5
   
Net income (loss) per common unit - basic  $2.68$2.78$3.01$2.74$2.68$2.49$2.18$1.60
Net income (loss) per common unit - diluted  $2.67$2.77$3.00$2.74$2.69$2.50$2.19$1.60
   
Weighted-average common units outstanding - basic  388.2392.8397.5401.6407.4409.9412.3309.5
Weighted-average common units outstanding - diluted  389.5394.1398.8402.7408.3410.7413.0310.0

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