Western Midstream Partners, LP financial data

Symbol
WES on NYSE
Industry
Natural Gas Transmission
Location
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Western Gas Equity Partners, LP (to 2/20/2019), WGR Holdings LLC (to 10/18/2012)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 122 % +7.35%
Return On Assets 11.7 % +19%
Operating Margin 54.3 % +18.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 380 M shares -1.07%
Entity Public Float 5.1 B USD +4.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.26 B USD +1.02%
Revenue from Contract with Customer, Excluding Assessed Tax 3.26 B USD +1.01%
General and Administrative Expense 249 M USD +26.9%
Costs and Expenses 1.87 B USD -7.81%
Operating Income (Loss) 1.77 B USD +20.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.43 B USD +24.8%
Income Tax Expense (Benefit) 4.49 M USD +18.2%
Net Income (Loss) Attributable to Parent 1.39 B USD +25.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 295 M USD +162%
Accounts Receivable, after Allowance for Credit Loss, Current 720 M USD +29%
Other Assets, Current 50.8 M USD -21.1%
Assets, Current 1.07 B USD +45%
Property, Plant and Equipment, Net 9.73 B USD +13.9%
Operating Lease, Right-of-Use Asset 84.3 M USD +25.6%
Intangible Assets, Net (Excluding Goodwill) 673 M USD -4.49%
Goodwill 4.78 M USD 0%
Other Assets, Noncurrent 249 M USD +28.5%
Assets 12.3 B USD +10.4%
Employee-related Liabilities, Current 30.6 M USD +22.8%
Accrued Liabilities, Current 174 M USD +6.25%
Contract with Customer, Liability, Current 11.9 M USD -17%
Liabilities, Current 708 M USD +21.8%
Long-term Debt and Lease Obligation 7.27 B USD +8.64%
Contract with Customer, Liability, Noncurrent 459 M USD +24.5%
Deferred Income Tax Liabilities, Net 15.7 M USD +2.28%
Operating Lease, Liability, Noncurrent 48.5 M USD +45.4%
Other Liabilities, Noncurrent 527 M USD +23.4%
Liabilities 8.89 B USD +11%
Liabilities and Equity 12.3 B USD +10.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 400 M USD +32.2%
Net Cash Provided by (Used in) Financing Activities -774 M USD -160%
Net Cash Provided by (Used in) Investing Activities 397 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 22.5 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 295 M USD +162%
Interest Paid, Excluding Capitalized Interest, Operating Activities 131 M USD -1.77%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure
Operating Lease, Liability 59.7 M USD +36.8%
Lessee, Operating Lease, Liability, to be Paid 79.3 M USD +51.7%
Property, Plant and Equipment, Gross 15.2 B USD +11.9%
Operating Lease, Liability, Current 11.3 M USD +8.87%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.54 M USD +21.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.6 M USD +10.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 230 K USD -75.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.5 M USD +128%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.27 M USD +43.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.85 M USD +76.4%
Operating Lease, Payments 14.2 M USD +4.41%
Current State and Local Tax Expense (Benefit) 3.34 M USD +52.7%
Amortization of Intangible Assets 31.7 M USD 0%
Depreciation, Depletion and Amortization 614 M USD +3.65%
Deferred State and Local Income Tax Expense (Benefit) 1.04 M USD -47.8%
Interest Expense 361 M USD +9.36%