WES Q3 2022 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q3 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$838M+9.7% YoY

Gross Profit

$574M68.5% margin

Operating Income

$357M42.6% margin

Net Income

$266M31.7% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$469M

Free Cash Flow

$319M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$8.5B

Stockholders' Equity

$2.9B

Cash & Equivalents

$159M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$838M	$764M	+9.7%
Gross Profit	$574M	$542M	+6.0%
Operating Income	$357M	$383M	-6.8%
Net Income	$266M	$256M	+3.9%

Revenue Segments

Service Fee Based

$667M80%

Service Product Based

$91M11%

Product

$79M9%

Product and Service, Other

$227,0000%