WES Q3 2020 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q3 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$679M+2.0% YoY

Gross Profit

$515M75.8% margin

Operating Income

$347M51.1% margin

Net Income

$247M36.3% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$393M

Free Cash Flow

$334M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$8.9B

Stockholders' Equity

$2.7B

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$679M	$666M	+2.0%
Gross Profit	$515M	$440M	+16.9%
Operating Income	$347M	$269M	+29.2%
Net Income	$247M	$121M	+103.4%

Revenue Segments

Service Fee Based

$637M87%

Leases Revenue

$54M7%

Product

$30M4%

Service Product Based

$12M2%

Product and Service, Other

$100,0000%