WES Q4 2022 Earnings — Western Midstream Partners, LP Revenue & Financial Results | Market Cap Arena

WESWestern Midstream Partners, LP

$17B

Q4 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$779M+8.4% YoY

Gross Profit

$535M68.6% margin

Operating Income

$429M55.0% margin

Net Income

$336M43.1% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

-6.9%

Cash Flow

Operating Cash Flow

$489M

Free Cash Flow

$343M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$8.2B

Stockholders' Equity

$3.0B

Cash & Equivalents

$287M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$779M	$719M	+8.4%
Gross Profit	$535M	$503M	+6.3%
Operating Income	$429M	$326M	+31.6%
Net Income	$336M	$244M	+38.1%

Revenue Segments

Service Fee Based

$648M83%

Product

$84M11%

Service Product Based

$47M6%

Product and Service, Other

$250,0000%