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WESTERN MIDSTREAM PARTNERS, LP

CIK: 1423902 SIC: 4922
$3.74B
Revenue
$1.32B
Net Income
95.33%
Gross Margin
46.03%
Op. Margin
$3.84B
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 36 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $952.48M $942.32M $917.12M $928.50M $883.36M $905.63M
Revenue Growth % (YoY) 7.8% 4.1% nan% nan% nan% nan%
Cost of Revenue $51.19M $42.68M $41.49M $39.31M $32.85M $54.01M
+ Gross Profit $901.30M $899.64M $875.62M $889.19M $850.51M $851.62M
Gross Margin % 94.6% 95.5% 95.5% 95.8% 96.3% 94.0%
Operating Expenses $525.30M $524.06M $523.08M $528.26M $511.94M $522.65M
+ Operating Income $441.56M $444.48M $409.80M $425.74M $395.87M $469.75M
Operating Margin % 46.4% 47.2% 44.7% 45.9% 44.8% 51.9%
Interest Expense $92.35M $95.17M $97.29M $99.34M $94.15M $90.52M
Other Income/Expense $1.75M $3.69M $7.48M $15.62M $9.56M $4.21M
Income Before Tax $350.96M $353.00M $319.99M $342.02M $311.28M $388.32M
Income Tax Expense $2.09M $2.24M $3.44M $444.00K $15.39M $755.00K
+ Net Income $339.62M $341.68M $309.01M $333.61M $288.48M $378.65M
Net Margin % 35.7% 36.3% 33.7% 35.9% 32.7% 41.8%
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $177.29M $129.73M $448.45M $1.09B $1.12B $344.12M
Accounts Receivable - - - $701.23M - -
Other Current Assets $57.09M $70.65M $68.24M $54.89M $36.32M $39.85M
Total Current Assets $917.05M $905.01M $1.19B $1.85B $1.83B $1.07B
Property Plant & Equipment $9.73B $9.74B $9.73B $9.71B $9.70B $9.64B
Goodwill $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M
Intangible Assets $625.99M $633.91M $641.82M $649.74M $657.66M $665.57M
Other Non-current Assets $340.55M $352.10M $365.76M $387.03M $255.33M $256.90M
Total Assets $12.13B $12.16B $12.46B $13.14B $12.98B $12.18B
Accrued Liabilities $279.35M $289.11M $257.04M $329.40M $203.72M $226.06M
Deferred Revenue - - - $11.05M - -
Total Current Liabilities $640.47M $694.80M $1.01B $1.69B $1.65B $634.12M
Long-term Debt $6.92B $6.92B $6.93B $6.93B $6.93B $7.14B
Deferred Tax Liabilities $31.91M $31.69M $31.39M $29.68M $29.65M $15.73M
Other Non-current Liabilities $810.21M $790.27M $777.06M $751.40M $624.01M $597.05M
Total Liabilities $8.80B $8.83B $9.12B $9.77B $9.60B $8.76B
Total Liabilities & Equity $12.13B $12.16B $12.46B $13.14B $12.98B $12.18B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $339.62M $341.68M $309.01M $333.61M $1.24B $951.48M
Depreciation & Amortization $170.32M $342.57M $170.46M $162.99M $487.44M $163.43M
Stock-based Compensation $29.42M $18.96M $8.25M $9.42M $28.57M $19.81M
Deferred Income Tax $2.24M $2.01M $1.71M $33.00K $14.18M $259.00K
Change in Receivables $-19.16M $2.79M $-28.63M $30.20M $12.60M $25.28M
Operating Cash Flow $1.66B $1.09B $530.79M $554.45M $1.58B $1.03B
Investing Cash Flow $-476.29M $-314.76M $-140.79M $-230.32M $191.15M $381.85M
Debt Repayment $1.00B $1.00B $663.83M - $143.85M $143.85M
Stock Repurchased - - - - - -
Dividends Paid $1.05B $696.25M $341.00M $340.91M $905.15M $564.30M
Financing Cash Flow $-2.10B $-1.74B $-1.03B $-358.40M $-921.62M $-1.34B
Net Change in Cash $-913.18M $-960.73M $-642.02M $-34.27M $851.95M $71.33M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $952.48M - $2.81B -
Cost of Revenue $51.19M - $135.36M -
Operating Expenses $525.30M - $1.57B -
Operating Income $441.56M - $1.30B -
Interest Expense $92.35M - $284.82M -
Other Income/Expense $1.75M - $12.92M -
Income Before Tax $350.96M - $1.02B -
Income Tax Expense $2.09M - $7.76M -
Net Income $339.62M $387.56M $990.30M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $177.29M $1.09B
Other Current Assets $57.09M $54.89M
Total Current Assets $917.05M $1.85B
Property Plant & Equipment $9.73B $9.71B
Goodwill $4.78M $4.78M
Intangible Assets $625.99M $649.74M
Other Non-current Assets $340.55M $387.03M
Total Assets $12.13B $13.14B
Accrued Liabilities $279.35M $329.40M
Total Current Liabilities $640.47M $1.69B
Long-term Debt $6.92B $6.93B
Deferred Tax Liabilities $31.91M $29.68M
Other Non-current Liabilities $810.21M $751.40M
Total Liabilities $8.80B $9.77B
Total Liabilities & Equity $12.13B $13.14B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $339.62M $387.56M $990.30M -
Depreciation & Amortization $170.32M - $512.90M -
Stock-based Compensation - - $29.42M -
Deferred Income Tax - - $2.24M -
Change in Receivables - - $-19.16M -
Operating Cash Flow - - $1.66B -
Investing Cash Flow - - $-476.29M -
Debt Repayment - - $1.00B -
Dividends Paid - - $1.05B -
Financing Cash Flow - - $-2.10B -
Net Change in Cash - - $-913.18M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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