Western Midstream Partners, LP logo

Western Midstream Partners, LP (WES) Financials

NYSE NYSE:WES

Market Cap

10.23B

Total Revenue

3.25B

Gross Profit

2.25B

Operating Income

1.59B

Net Income

1.22B

Metric2013201420152016201720182019202020212022
1,053,495,0001,273,763,0001,561,372,0001,804,270,0002,248,356,0001,990,276,0002,746,174,0002,772,592,0002,877,155,0003,251,721,000
510,201,000621,112,000772,598,000767,127,0001,199,567,000769,457,000927,502,000679,174,000873,914,0001,003,265,000
543,294,000652,651,000788,774,0001,037,143,0001,048,789,0001,220,819,0001,818,672,0002,093,418,0002,003,241,0002,248,456,000
--------------------
--------------------
33,464,00037,458,00041,217,00049,248,00050,668,00063,735,000114,591,000155,769,000195,549,000194,017,000
33,464,00037,458,00041,217,00049,248,00050,668,00063,735,000114,591,000155,769,000195,549,000194,017,000
225,365,000262,150,000368,563,000397,419,000413,480,000521,453,000817,162,000804,983,000841,116,000927,142,000
317,929,000448,337,00034,386,000704,535,000704,399,000625,364,0001,231,343,0001,527,946,0001,336,271,0001,587,888,000
-165,00058,774,000-386,403,00065,356,00070,474,000-78,765,000-410,171,000-1,005,096,000-402,079,000-332,245,000
478,231,000644,228,000746,213,0001,001,310,0001,021,691,0001,202,063,0001,615,398,0002,019,032,0001,917,776,0002,088,765,000
145,916,000183,156,000244,163,000272,933,000290,874,000337,536,000384,055,000491,086,000581,505,000500,877,000
19,000,00016,900,00016,900,00016,900,00016,900,00016,900,00016,900,00011,736,000----
47,348,00071,666,000108,140,000109,119,000136,645,000186,043,000303,286,000380,058,000376,512,000333,939,000
284,967,000389,406,000-63,166,000605,352,000578,068,000451,458,000821,172,000522,850,000934,192,0001,255,643,000
2,580,0002,027,0003,380,0008,372,0004,866,0002,946,00013,472,0005,998,000-9,807,0004,187,000
160,165,000221,911,00087,863,000345,772,000376,607,000369,429,000697,241,000527,012,000916,292,0001,217,103,000
0.711.020.391.531.721.691.591.182.183.01
0.711.020.391.531.721.691.591.182.183
218,896,000218,910,000218,913,000218,922,000218,931,000218,936,000415,794,000435,554,000411,309,000394,951,000
218,896,000218,910,000218,913,000218,922,000218,931,000218,936,000415,794,000435,624,000412,022,000396,236,000
735,566,000883,262,0001,141,161,0001,164,546,0001,613,047,0001,290,910,0001,744,664,0001,484,157,0001,715,030,0001,930,407,000
-165,000938,000-578,000545,0001,384,000-4,763,000702,571,000649,214,000645,567,000733,125,000

Key Facts

Industry

Oil & Gas Midstream

Sector

Energy

Headquarters

The Woodlands, TX, US

CEO

Mr. Michael P. Ure

Employees

2022

About the Company

Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.