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WES Q1 2024 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena
WES
Western Midstream Partners, LP
$17B
Q1 2024 Earnings
Energy
Oil & Gas Midstream
Income Statement
Revenue
$888M
+20.9% YoY
Gross Profit
$684M
77.0% margin
Operating Income
$679M
76.5% margin
Net Income
$573M
64.5% margin
EPS (Diluted)
$1.47
QoQ Revenue Growth
+3.4%
Cash Flow
Operating Cash Flow
$381M
Free Cash Flow
$187M
Stock-Based Comp.
$9M
Balance Sheet
Total Assets
$12.3B
Total Liabilities
$8.9B
Stockholders' Equity
$3.2B
Cash & Equivalents
$295M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$888M
$734M
+20.9%
Gross Profit
$684M
$538M
+27.1%
Operating Income
$679M
$290M
+134.1%
Net Income
$573M
$204M
+181.3%
Revenue Segments
Service Fee Based
$781M
88%
Service Product Based
$67M
8%
Product
$39M
4%
Product and Service, Other
$435,000
0%
← FY 2024
All Quarters
Q2 2024 →