WES Q3 2024 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q3 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$883M+13.8% YoY

Gross Profit

$685M77.5% margin

Operating Income

$396M44.8% margin

Net Income

$288M32.7% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$551M

Free Cash Flow

$362M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$13.0B

Total Liabilities

$9.6B

Stockholders' Equity

$3.2B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$883M	$776M	+13.8%
Gross Profit	$685M	$601M	+13.9%
Operating Income	$396M	$361M	+9.7%
Net Income	$288M	$277M	+4.0%

Revenue Segments

Service Fee Based

$814M92%

Service Product Based

$49M6%

Product

$20M2%

Product and Service, Other

$255,0000%