WES Q1 2019 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q1 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$672M+53.7% YoY

Gross Profit

$444M66.1% margin

Operating Income

$319M47.5% margin

Net Income

$119M17.7% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

+20.5%

Cash Flow

Operating Cash Flow

$343M

Free Cash Flow

-$43M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.8B

Total Liabilities

$8.2B

Stockholders' Equity

$3.4B

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$672M	$437M	+53.7%
Gross Profit	$444M	$283M	+57.1%
Operating Income	$319M	$187M	+70.3%
Net Income	$119M	$101M	+17.5%

Revenue Segments

Service Fee Based

$580M89%

Product

$73M11%