Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

Western Midstream Partners, LP

As a midstream service provider, we help deliver essential energy and inputs that improve the quality of life across the globe. We focus on ensuring the reliability and performance of our systems, creating sustainable cost efficiencies, enhancing our safety culture, and protecting the environment.

Western Midstream

Wishing you and your family a joyful and relaxing holiday season filled with memorable moments and warm celebrations.

Resolving for a new start in ’24? Start it with WES! We have more than 40 open positions posted on our Careers site, including one for a Projects Controls Analyst.

This position will support the schedule and cost control efforts for projects in our growing West Texas operations. At least five years of work experience in upstream or midstream capital projects is required. Check out the post below and apply today to take advantage of a generous PTO policy and emerging culture.
 
https://lnkd.in/gzCSW9gb

Seniors are the fastest growing population in Montgomery County, Texas, where our headquarters are located.

To support our neighbors, WES is proud to highlight Meals on Wheels and their efforts to support more than 850 homebound seniors in the NYSE’s Global Giving Campaign. Our people volunteer hundreds of hours to ensuring Meals on Wheels can help seniors avoid the high cost of nursing home care and alleviate the stress of caregiving.

Our ornament can be seen at NYSE for their 100th Tree Lighting on Nov. 30 and through the holiday season. #NYSETreeLighting

Join us this Thursday for the Houston Veterans Job Fair at Minute Maid Park. We look forward to seeing you there!

https://lnkd.in/gm_q6PRU

To commemorate National Native American Heritage Month, we’d like to share the fascinating background of WES Measurement Specialist Guyrene Ben. Guyrene is full Diné (Navajo) from the Tábaahá (Water Edge clan). She was raised on the Utah/Colorado border of the Navajo Reservation, and her Great Grandmother was part of a band of Navajos who survived the Long Walk, a 250-450 mile route in the mid-1800s. Her Grandfather is a clan descendant of Chief Manuelito, whose band avoided capture. 
 
Before her time in our industry, she was a credentialed delegate to the United Nations Permanent Forum on Indigenous Issues focused on the advancement of Women’s Rights for Indigenous Women Worldwide. She helps mentor Indigenous students when she’s not reviewing and evaluating Hydrocarbon measurement data as a part of WES’s Measurement team. 
 
“WES’s emphasis on volunteering is important to me as it is the same fundamental teachings of my Indigenous knowledge. Because of WES works with the Food Bank of the Rockies, the local Denver Indian Center can keep their food pantry stocked for struggling American Indian families in the greater Denver area. It brings my traditional Diné teachings full circle.”
  
Thanks for being such an advocate for the Indigenous community, Guyrene!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	1.05B -	1.27B 20.91%	1.56B 22.58%	1.80B 15.56%	2.25B 24.61%	1.99B 11.48%	2.75B 37.98%	2.77B 0.96%	2.88B 3.77%	3.25B 13.02%	3.11B 4.47%
cost of revenue	510.20M -	621.11M 21.74%	772.60M 24.39%	767.13M 0.71%	1.20B 56.37%	769.46M 35.86%	927.50M 20.54%	679.17M 26.77%	873.91M 28.67%	1.00B 14.80%	1.53B 52.28%
gross profit	543.29M -	652.65M 20.13%	788.77M 20.86%	1.04B 31.49%	1.05B 1.12%	1.22B 16.40%	1.82B 48.97%	2.09B 15.11%	2.00B 4.31%	2.25B 12.24%	1.58B 29.79%
selling and marketing expenses
general and administrative expenses	33.46M -	37.46M 11.94%	41.22M 10.04%	49.25M 19.48%	50.67M 2.88%	63.73M 25.79%	114.59M 79.79%	155.77M 35.93%	195.55M 25.54%	194.02M 0.78%	232.63M 19.90%
selling general and administrative expenses	33.46M -	37.46M 11.94%	41.22M 10.04%	49.25M 19.48%	50.67M 2.88%	63.73M 25.79%	114.59M 79.79%	155.77M 35.93%	195.55M 25.54%	194.02M 0.78%	232.63M 19.90%
research and development expenses
other expenses	-165K -	938K 668.48%	-578K 161.62%	545K 194.29%	1.38M 153.94%	-4.76M 444.15%	702.57M 14,850.60%	649.21M 7.59%	645.57M 0.56%	733.13M 13.56%	-56.46M 107.70%
cost and expenses	735.57M -	883.26M 20.08%	1.14B 29.20%	1.16B 2.05%	1.61B 38.51%	1.29B 19.97%	1.74B 35.15%	1.48B 14.93%	1.72B 15.56%	1.93B 12.56%	1.82B 5.88%
operating expenses	225.37M -	262.15M 16.32%	368.56M 40.59%	397.42M 7.83%	413.48M 4.04%	521.45M 26.11%	817.16M 56.71%	804.98M 1.49%	841.12M 4.49%	927.14M 10.23%	289.09M 68.82%
interest expense	47.35M -	71.67M 51.36%	108.14M 50.89%	109.12M 0.91%	136.65M 25.23%	186.04M 36.15%	303.29M 63.02%	380.06M 25.31%	376.51M 0.93%	333.94M 11.31%	361.87M 8.36%
ebitda	478.23M -	644.23M 34.71%	746.21M 15.83%	1.00B 34.19%	1.02B 2.04%	1.20B 17.65%	1.62B 34.39%	2.02B 24.99%	1.92B 5.02%	2.09B 8.92%	1.89B 9.50%
operating income	317.93M -	448.34M 41.02%	34.39M 92.33%	704.53M 1,948.90%	704.40M 0.02%	625.36M 11.22%	1.23B 96.90%	1.53B 24.09%	1.34B 12.54%	1.59B 18.83%	1.29B 18.79%
depreciation and amortization	145.92M -	183.16M 25.52%	244.16M 33.31%	272.93M 11.78%	290.87M 6.57%	337.54M 16.04%	384.06M 13.78%	491.09M 27.87%	581.50M 18.41%	500.88M 13.87%	600.67M 19.92%
total other income expenses net	-165K -	58.77M 35,720.61%	-386.40M 757.44%	65.36M 116.91%	70.47M 7.83%	-78.77M 211.76%	-410.17M 420.75%	-1.01B 145.04%	-402.08M 60.00%	-332.25M 17.37%	-237.20M 28.61%
income before tax	284.97M -	389.41M 36.65%	-63.17M 116.22%	605.35M 1,058.35%	578.07M 4.51%	451.46M 21.90%	821.17M 81.89%	522.85M 36.33%	934.19M 78.67%	1.26B 34.41%	1.05B 16.19%
income tax expense	2.58M -	2.03M 21.43%	3.38M 66.75%	8.37M 147.69%	4.87M 41.88%	2.95M 39.46%	13.47M 357.30%	6.00M 55.48%	-9.81M 263.50%	4.19M 142.69%	4.38M 4.73%
net income	160.16M -	221.91M 38.55%	87.86M 60.41%	345.77M 293.54%	376.61M 8.92%	369.43M 1.91%	697.24M 88.73%	527.01M 24.41%	916.29M 73.87%	1.22B 32.83%	1.02B 16.01%
weighted average shs out	218.90M -	218.91M 0.01%	218.91M 0.00%	218.92M 0.00%	218.93M 0.00%	218.94M 0.00%	415.79M 89.92%	435.55M 4.75%	411.31M 5.57%	394.95M 3.98%	383.03M 3.02%
weighted average shs out dil	218.90M -	218.91M 0.01%	218.91M 0.00%	218.92M 0.00%	218.93M 0.00%	218.94M 0.00%	415.79M 89.92%	435.55M 4.75%	411.31M 5.57%	396.24M 3.66%	384.41M 2.99%
eps	0.71 -	1.02 43.66%	0.39 61.76%	1.53 292.31%	1.72 12.42%	1.69 1.74%	1.59 5.92%	1.18 25.79%	2.18 84.75%	3.01 38.07%	2.61 13.29%
epsdiluted	0.71 -	1.02 43.66%	0.39 61.76%	1.53 292.31%	1.72 12.42%	1.69 1.74%	1.59 5.92%	1.18 25.79%	2.18 84.75%	3 37.61%	2.60 13.33%

COM:WESTERNMIDSTREAM

Western Midstream Partners, LP

Last Close

35.70

12/11 21:00

Market Cap

15.66B

Beta: -

Volume Today

1.28M

Avg: -

Preview