WES Q2 2022 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$876M+21.9% YoY

Gross Profit

$589M67.2% margin

Operating Income

$397M45.3% margin

Net Income

$306M35.0% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+15.6%

Cash Flow

Operating Cash Flow

$467M

Free Cash Flow

$360M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$8.1B

Stockholders' Equity

$3.2B

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$876M	$719M	+21.9%
Gross Profit	$589M	$503M	+17.0%
Operating Income	$397M	$335M	+18.6%
Net Income	$306M	$231M	+32.5%

Revenue Segments

Service Fee Based

$656M75%

Product

$150M17%

Service Product Based

$70M8%

Product and Service, Other

$233,0000%