WES Q2 2021 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$719M+7.1% YoY

Gross Profit

$503M70.0% margin

Operating Income

$335M46.6% margin

Net Income

$231M32.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$452M

Free Cash Flow

$374M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$8.6B

Stockholders' Equity

$2.9B

Cash & Equivalents

$306M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$719M	$672M	+7.1%
Gross Profit	$503M	$533M	-5.6%
Operating Income	$335M	$374M	-10.4%
Net Income	$231M	$273M	-15.3%

Revenue Segments

Service Fee Based

$619M86%

Product

$72M10%

Service Product Based

$28M4%

Product and Service, Other

$87,0000%