WES Q3 2021 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$16B

Q3 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$764M+12.5% YoY

Gross Profit

$542M70.9% margin

Operating Income

$383M50.2% margin

Net Income

$256M33.5% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$391M

Free Cash Flow

$312M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$8.3B

Stockholders' Equity

$3.0B

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$764M	$679M	+12.5%
Gross Profit	$542M	$515M	+5.2%
Operating Income	$383M	$347M	+10.4%
Net Income	$256M	$247M	+3.7%

Revenue Segments

Service Fee Based

$650M85%

Product

$84M11%

Service Product Based

$29M4%

Product and Service, Other

$248,0000%