| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 1,016,186 | 667,314 |
| Depreciation and amortization | 512,896 | 342,573 |
| Long-lived asset and other impairments | 12,251 | 689 |
| Non-cash equity-based compensation expense | 29,417 | 18,961 |
| Deferred income taxes | 2,236 | 2,012 |
| Accretion and amortization of long-term obligations, net | 6,130 | 4,234 |
| Equity income, net related parties | 64,410 | 47,563 |
| Distributions from equity-investment earnings related parties | 69,217 | 51,419 |
| (gain) loss on divestiture and other, net | -8,048 | -5,578 |
| (gain) loss on early extinguishment of debt | 0 | 0 |
| Other | 286 | 233 |
| (increase) decrease in accounts receivable, net | -19,165 | 2,791 |
| Increase (decrease) in accounts and imbalance payables and accrued liabilities, net | -56,482 | -15,645 |
| Change in other items, net | -110,040 | -67,756 |
| Net cash provided by operating activities | 1,664,980 | 1,094,770 |
| Capital expenditures | 505,783 | 321,025 |
| Acquisitions from third parties-Third Parties | 0 | 0 |
| Distributions from equity investments in excess of cumulative earnings related parties | 26,000 | 14,047 |
| Proceeds from the sale of assets-Third Parties | 162 | 34 |
| (increase) decrease in materials and supplies inventory and other | -3,329 | 7,820 |
| Net cash provided by (used in) investing activities | -476,292 | -314,764 |
| Borrowings, net of debt issuance costs | -1,171 | -1,171 |
| Repayments of debt | 1,000,589 | 1,000,589 |
| Commercial paper borrowings (repayments), net | 0 | 0 |
| Increase (decrease) in outstanding checks | -3,114 | -7,656 |
| Distributions to partnership unitholders | 1,051,503 | 696,249 |
| Distributions to chipeta noncontrolling interest owner-Chipeta Processing Limited Liability Company | 0 | 0 |
| Distributions to noncontrolling interest owner of wes operating-Western Midstream Operating LP | 21,485 | 14,217 |
| Other | -24,002 | -20,856 |
| Net cash provided by (used in) financing activities | -2,101,864 | -1,740,738 |
| Net increase (decrease) in cash and cash equivalents | -913,176 | -960,732 |
| Cash and cash equivalents at beginning of period | 1,090,464 | - |
| Cash and cash equivalents at end of period | 177,288 | - |
Western Midstream Partners, LP (WES)
Western Midstream Partners, LP (WES)