WES Q2 2019 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q2 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$749M+71.7% YoY

Gross Profit

$505M67.4% margin

Operating Income

$310M41.4% margin

Net Income

$170M22.7% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$343M

Free Cash Flow

$25M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$8.5B

Stockholders' Equity

$3.3B

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$749M	$436M	+71.7%
Gross Profit	$505M	$289M	+74.6%
Operating Income	$310M	$74M	+318.8%
Net Income	$170M	$68M	+151.0%

Revenue Segments

Service Fee Based

$594M89%

Product

$74M11%