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Western Midstream Partners, LP (WES)

For the quarter ending 2025-06-30, WES made $942,322K in revenue. $341,680K in net income. Net profit margin of 36.26%.

Overview

Revenue
$942,322K
Net Income
$341,680K
Net Profit Margin
36.26%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Service Fee Based
    • Service Product Based
    • Product
    • Revenue from other than customer...
Revenue Breakdown
    • Revenue from customers
    • Revenue from other than customer...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues and other942,322 917,116 883,362 905,629
Equity income, net related parties27,128 20,435 23,977 27,431
Property and other taxes17,805 17,826 12,635 17,429
Operation and maintenance224,629 226,514 231,066 223,319
Long-lived asset and other impairments686 3 4,651 1,530
General and administrative66,146 66,786 64,726 62,933
Depreciation and amortization172,113 170,460 166,015 163,432
Cost of product42,681 41,492 32,847 54,010
Total operating expenses524,060 523,081 511,940 522,653
Gain (loss) on divestiture and other, net-911 -4,667 467 59,342
Operating income (loss)444,479 409,803 395,866 469,749
Interest expense95,170 97,293 94,149 90,522
Gain (loss) on early extinguishment of debt- - - 4,879
Other income (expense), net3,692 7,477 9,565 4,213
Income (loss) before income taxes353,001 319,987 311,282 388,319
Income tax expense (benefit)2,239 3,435 15,390 755
Net income (loss)350,762 316,552 295,892 387,564
Net income (loss) attributable to noncontrolling interests9,082 7,545 - -
Net income (loss) attributable to western midstream partners, lp341,680 309,007 295,892 387,564
Basic eps- - - 172,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Product$40,280K Service Fee Based$851,419K Service Product Based$50,442K Revenue from customers$942,141K Revenue from other thancustomers, other$181K Equity income, net related parties$27,128K (-1.10%↓ Y/Y)Total revenues andother$942,322K (4.05%↑ Y/Y)Operating income (loss)$444,479K (-5.38%↓ Y/Y)Other income(expense), net$3,692K (-12.37%↓ Y/Y)Total operatingexpenses$524,060K (0.27%↑ Y/Y)Gain (loss) ondivestiture and other, net-$911K (-101.54%↓ Y/Y)Income (loss) beforeincome taxes$353,001K (-9.10%↓ Y/Y)Interest expense$95,170K (5.13%↑ Y/Y)Cost of product$42,681K (-20.98%↓ Y/Y)Depreciation andamortization$172,113K (5.31%↑ Y/Y)General andadministrative$66,146K (5.11%↑ Y/Y)Long-lived asset and otherimpairments$686K (-55.16%↓ Y/Y)Operation and maintenance$224,629K (0.59%↑ Y/Y)Property and other taxes$17,805K (2.16%↑ Y/Y)Net income (loss)$350,762K (-9.50%↓ Y/Y)Income tax expense(benefit)$2,239K (196.56%↑ Y/Y)Net income (loss)attributable to western...$341,680K Net income (loss)attributable to...$9,082K