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Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues and Other        
Revenues and other $ 685,054 $ 518,078 [1] $ 1,356,937 $ 1,019,132 [1]
Equity income, net – affiliates 63,598 49,430 [1] 121,590 79,659 [1]
Operating expenses        
Cost of product [2] 122,877 95,656 [1] 236,940 189,974 [1]
Operation and maintenance [2] 148,431 112,789 [1] 291,260 209,584 [1]
General and administrative [2] 30,027 15,597 [1] 52,871 31,426 [1]
Property and other taxes 14,282 13,750 [1] 30,567 28,350 [1]
Depreciation and amortization 121,117 88,488 [1] 235,063 173,278 [1]
Impairments 797 127,184 [1] 1,187 127,384 [1]
Total operating expenses 437,531 453,464 [1] 847,888 759,996 [1]
Gain (loss) on divestiture and other, net (1,061) 170 [1] (1,651) 286 [1]
Operating income (loss) 310,060 114,214 [1] 628,988 339,081 [1]
Interest income – affiliates 4,225 4,225 [1] 8,450 8,450 [1]
Interest expense [3] (79,472) (42,245) [1] (145,348) (80,260) [1]
Other income (expense), net (58,477) 1,277 [1] (93,683) 2,094 [1]
Income (loss) before income taxes 176,336 77,471 [1] 398,407 269,365 [1]
Income tax expense (benefit) 1,278 10,304 [1] 11,370 21,188 [1]
Net income (loss) 175,058 67,167 [1] 387,037 248,177 [1]
Net income (loss) attributable to noncontrolling interest 5,464 (33,017) [1] 98,783 16,466 [1]
Net income (loss) attributable to Western Midstream Operating, LP 169,594 100,184 [1] 288,254 231,711 [1]
Limited partners' interest in net income (loss):        
Net income (loss) attributable to Western Midstream Operating, LP 169,594 100,184 [1] 288,254 231,711 [1]
Pre-acquisition net (income) loss allocated to Anadarko (163) (32,604) [1] (29,279) (63,126) [1]
Limited partners' interest in net income (loss) 169,431 67,580 [1] 258,975 168,585 [1]
Affiliates [Member]        
Revenues and Other        
Revenues and other 385,184 289,544 [1] 763,621 574,720 [1]
Operating expenses        
Cost of product 68,225 38,001 124,397 72,820
Operation and maintenance 32,318 26,826 71,459 49,827
General and administrative 26,892 12,262 45,786 24,950
Total operating expenses 127,435 77,089 241,642 147,597
Interest expense (20) (1,409) (1,853) (1,986)
Affiliates [Member] | Service Revenues - Fee Based [Member]        
Revenues and Other        
Revenues and other 343,484 234,512 [1] 670,126 456,550 [1]
Affiliates [Member] | Service Revenues - Product Based [Member]        
Revenues and Other        
Revenues and other 634 538 [1] 1,986 1,169 [1]
Affiliates [Member] | Product Sales [Member]        
Revenues and Other        
Revenues and other 41,066 54,494 [1] 91,509 117,001 [1]
Third Parties [Member]        
Revenues and Other        
Revenues and other 299,870 228,534 [1] 593,316 444,412 [1]
Operating expenses        
Interest expense (79,452) (40,836) (143,495) (78,274)
Third Parties [Member] | Service Revenues - Fee Based [Member]        
Revenues and Other        
Revenues and other 250,060 197,349 [1] 503,392 369,084 [1]
Third Parties [Member] | Service Revenues - Product Based [Member]        
Revenues and Other        
Revenues and other 16,041 22,124 [1] 34,068 44,916 [1]
Third Parties [Member] | Product Sales [Member]        
Revenues and Other        
Revenues and other 33,403 8,821 [1] 55,093 29,939 [1]
Third Parties [Member] | Other [Member]        
Revenues and Other        
Revenues and other 366 240 [1] 763 473 [1]
WES Operating [Member]        
Revenues and Other        
Revenues and other 685,054 518,078 [1] 1,356,937 1,019,132 [1]
Equity income, net – affiliates 63,598 49,430 [1] 121,590 79,659 [1]
Operating expenses        
Cost of product [4] 122,877 95,656 [1] 236,940 189,974 [1]
Operation and maintenance [4] 148,431 112,789 [1] 291,260 209,584 [1]
General and administrative [4] 28,101 14,901 [1] 48,661 29,898 [1]
Property and other taxes 14,282 13,750 [1] 30,567 28,350 [1]
Depreciation and amortization 121,117 88,488 [1] 235,063 173,278 [1]
Impairments 797 127,184 [1] 1,187 127,384 [1]
Total operating expenses 435,605 452,768 [1] 843,678 758,468 [1]
Gain (loss) on divestiture and other, net (1,061) 170 [1] (1,651) 286 [1]
Operating income (loss) 311,986 114,910 [1] 633,198 340,609 [1]
Interest income – affiliates 4,225 4,225 [1] 8,450 8,450 [1]
Interest expense [5] (79,472) (41,937) [1] (145,103) (78,889) [1]
Other income (expense), net (58,482) 1,229 [1] (93,746) 2,011 [1]
Income (loss) before income taxes 178,257 78,427 [1] 402,799 272,181 [1]
Income tax expense (benefit) 1,278 10,304 [1] 11,370 21,188 [1]
Net income (loss) 176,979 68,123 [1] 391,429 250,993 [1]
Net income (loss) attributable to noncontrolling interest 1,967 2,811 [1] 3,821 5,796 [1]
Net income (loss) attributable to Western Midstream Operating, LP 175,012 65,312 [1] 387,608 245,197 [1]
Limited partners' interest in net income (loss):        
Net income (loss) attributable to Western Midstream Operating, LP 175,012 65,312 [1] 387,608 245,197 [1]
Pre-acquisition net (income) loss allocated to Anadarko (163) (32,604) [1] (29,279) (63,126) [1]
General partner interest in net (income) loss [6] 0 (84,176) [1] 0 (167,615) [1]
WES Operating [Member] | Common Units [Member]        
Limited partners' interest in net income (loss):        
Limited partners' interest in net income (loss)   $ (48,417)   $ 9,906
Net income (loss) per common unit - basic and diluted [1],[6]   $ (0.32)   $ 0.06
WES Operating [Member] | Common and Class C Units [Member]        
Limited partners' interest in net income (loss):        
Limited partners' interest in net income (loss) [6] 174,849 $ (51,468) [1] 358,329 $ 14,456 [1]
WES Operating [Member] | Affiliates [Member]        
Revenues and Other        
Revenues and other 385,184 289,544 [1] 763,621 574,720 [1]
Operating expenses        
Cost of product 68,200 38,000 124,400 72,800
Operation and maintenance 32,300 26,800 71,500 49,800
General and administrative 26,380 12,044 44,878 24,523
Interest expense (20) (1,400) (1,900) (2,000)
WES Operating [Member] | Affiliates [Member] | Service Revenues - Fee Based [Member]        
Revenues and Other        
Revenues and other 343,484 234,512 [1] 670,126 456,550 [1]
WES Operating [Member] | Affiliates [Member] | Service Revenues - Product Based [Member]        
Revenues and Other        
Revenues and other 634 538 [1] 1,986 1,169 [1]
WES Operating [Member] | Affiliates [Member] | Product Sales [Member]        
Revenues and Other        
Revenues and other 41,066 54,494 [1] 91,509 117,001 [1]
WES Operating [Member] | Third Parties [Member]        
Revenues and Other        
Revenues and other 299,870 228,534 [1] 593,316 444,412 [1]
WES Operating [Member] | Third Parties [Member] | Service Revenues - Fee Based [Member]        
Revenues and Other        
Revenues and other 250,060 197,349 [1] 503,392 369,084 [1]
WES Operating [Member] | Third Parties [Member] | Service Revenues - Product Based [Member]        
Revenues and Other        
Revenues and other 16,041 22,124 [1] 34,068 44,916 [1]
WES Operating [Member] | Third Parties [Member] | Product Sales [Member]        
Revenues and Other        
Revenues and other 33,403 8,821 [1] 55,093 29,939 [1]
WES Operating [Member] | Third Parties [Member] | Other [Member]        
Revenues and Other        
Revenues and other $ 366 $ 240 [1] $ 763 $ 473 [1]
[1]
Financial information has been recast to include the financial position and results attributable to AMA. See Note 1 and Note 3.
[2]
Cost of product includes product purchases from affiliates (as defined in Note 1) of $68.2 million and $124.4 million for the three and six months ended June 30, 2019, respectively, and $38.0 million and $72.8 million for the three and six months ended June 30, 2018, respectively. Operation and maintenance includes charges from affiliates of $32.3 million and $71.5 million for the three and six months ended June 30, 2019, respectively, and $26.8 million and $49.8 million for the three and six months ended June 30, 2018, respectively. General and administrative includes charges from affiliates of $26.9 million and $45.8 million for the three and six months ended June 30, 2019, respectively, and $12.3 million and $25.0 million for the three and six months ended June 30, 2018, respectively. See Note 6.
[3]
Includes affiliate (as defined in Note 1) amounts of $0.02 million and $1.9 million for the three and six months ended June 30, 2019, respectively, and $1.4 million and $2.0 million for the three and six months ended June 30, 2018, respectively. See Note 1 and Note 10.
[4]
Cost of product includes product purchases from affiliates (as defined in Note 1) of $68.2 million and $124.4 million for the three and six months ended June 30, 2019, respectively, and $38.0 million and $72.8 million for the three and six months ended June 30, 2018, respectively. Operation and maintenance includes charges from affiliates of $32.3 million and $71.5 million for the three and six months ended June 30, 2019, respectively, and $26.8 million and $49.8 million for the three and six months ended June 30, 2018, respectively. General and administrative includes charges from affiliates of $26.4 million and $44.9 million for the three and six months ended June 30, 2019, respectively, and $12.0 million and $24.5 million for the three and six months ended June 30, 2018, respectively. See Note 6.
[5]
Includes affiliate (as defined in Note 1) amounts of $0.02 million and $1.9 million for the three and six months ended June 30, 2019, respectively, and $1.4 million and $2.0 million for the three and six months ended June 30, 2018, respectively. See Note 1 and Note 10.
[6]
See Note 5 for the calculation of net income (loss) per common unit.