WES Q2 2020 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q2 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$672M-10.3% YoY

Gross Profit

$533M79.4% margin

Operating Income

$374M55.6% margin

Net Income

$273M40.6% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

-13.2%

Cash Flow

Operating Cash Flow

$346M

Free Cash Flow

$205M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$9.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$672M	$749M	-10.3%
Gross Profit	$533M	$505M	+5.7%
Operating Income	$374M	$310M	+20.5%
Net Income	$273M	$170M	+61.0%

Revenue Segments

Service Fee Based

$643M88%

Leases Revenue

$61M8%

Product

$22M3%

Service Product Based

$7M1%

Product and Service, Other

$391,0000%