WES Q1 2025 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q1 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$917M+3.3% YoY

Gross Profit

$705M76.9% margin

Operating Income

$410M44.7% margin

Net Income

$309M33.7% margin

EPS (Diluted)

$0.79

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$511M

Free Cash Flow

$369M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$9.1B

Stockholders' Equity

$3.2B

Cash & Equivalents

$448M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$917M	$888M	+3.3%
Gross Profit	$705M	$684M	+3.1%
Operating Income	$410M	$679M	-39.7%
Net Income	$309M	$573M	-46.1%

Revenue Segments

Service Fee Based

$823M90%

Service Product Based

$59M6%

Product

$34M4%

Product and Service, Other

$198,0000%