WES Q2 2018 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q2 2018 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$436M-17.0% YoY

Gross Profit

$289M66.3% margin

Operating Income

$74M17.0% margin

Net Income

$68M15.5% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$272M

Free Cash Flow

-$75M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$5.0B

Stockholders' Equity

$994M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$436M	$525M	-17.0%
Gross Profit	$289M	$248M	+16.5%
Operating Income	$74M	$207M	-64.2%
Net Income	$68M	$105M	-35.6%

Revenue Segments

Service Fee Based

$360M82%

Product

$55M13%

Service Product Based

$22M5%

Product and Service, Other

$223,0000%