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Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues and other        
Revenues and other [1] $ 719,131 $ 671,755 $ 1,394,105 $ 1,446,068
Equity income, net – related parties 58,666 54,415 110,831 115,762
Operating expenses        
Cost of product 78,044 18,602 167,013 121,872
Operation and maintenance 153,028 145,186 293,360 304,377
General and administrative 44,448 36,423 89,564 76,888
Property and other taxes 17,967 19,395 32,351 37,871
Depreciation and amortization 137,849 119,805 268,402 252,124
Long-lived asset and other impairments 12,738 10,150 27,604 165,935
Goodwill impairment 0 0 0 441,017
Total operating expenses [2] 444,074 349,561 878,294 1,400,084
Gain (loss) on divestiture and other, net 1,225 (2,843) 642 (2,883)
Operating income (loss) 334,948 373,766 627,284 158,863
Interest income – Anadarko note receivable 0 4,225 0 8,450
Interest expense (95,290) (94,654) (193,783) (183,240)
Gain (loss) on early extinguishment of debt 0 1,395 (289) 8,740
Other income (expense), net 84 1,653 (1,123) (108)
Income (loss) before income taxes 239,742 286,385 432,089 (7,295)
Income tax expense (benefit) 1,465 5,044 2,577 764
Net income (loss) 238,277 281,341 429,512 (8,059)
Net income (loss) attributable to noncontrolling interest 7,018 8,304 12,462 (24,569)
Net income (loss) attributable to Western Midstream Operating, LP 231,259 273,037 417,050 16,510
Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 618,985 642,628 1,191,260 1,344,024
Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 27,803 7,000 59,455 22,921
Product Sales [Member]        
Revenues and other        
Revenues and other 72,256 21,736 143,061 78,385
Other [Member]        
Revenues and other        
Revenues and other 87 391 329 738
WES Operating [Member]        
Revenues and other        
Revenues and other [3] 719,131 671,755 1,394,105 1,446,068
Equity income, net – related parties 58,666 54,415 110,831 115,762
Operating expenses        
Cost of product 78,044 18,602 167,013 121,872
Operation and maintenance 153,028 145,186 293,360 304,377
General and administrative 42,848 35,242 87,078 74,300
Property and other taxes 17,967 19,395 32,351 37,871
Depreciation and amortization 137,849 119,805 268,402 252,124
Long-lived asset and other impairments 12,738 10,150 27,604 165,935
Goodwill impairment 0 0 0 441,017
Total operating expenses [4] 442,474 348,380 875,808 1,397,496
Gain (loss) on divestiture and other, net 1,225 (2,843) 642 (2,883)
Operating income (loss) 336,548 374,947 629,770 161,451
Interest income – Anadarko note receivable 0 4,225 0 8,450
Interest expense (95,290) (94,654) (193,783) (183,240)
Gain (loss) on early extinguishment of debt 0 1,395 (289) 8,740
Other income (expense), net 82 1,651 (1,128) (112)
Income (loss) before income taxes 241,340 287,564 434,570 (4,711)
Income tax expense (benefit) 1,465 5,044 2,577 764
Net income (loss) 239,875 282,520 431,993 (5,475)
Net income (loss) attributable to noncontrolling interest 2,264 2,706 3,897 (24,959)
Net income (loss) attributable to Western Midstream Operating, LP 237,611 279,814 428,096 19,484
WES Operating [Member] | Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 618,985 642,628 1,191,260 1,344,024
WES Operating [Member] | Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 27,803 7,000 59,455 22,921
WES Operating [Member] | Product Sales [Member]        
Revenues and other        
Revenues and other 72,256 21,736 143,061 78,385
WES Operating [Member] | Other [Member]        
Revenues and other        
Revenues and other $ 87 $ 391 $ 329 $ 738
[1] Total revenues and other includes related-party amounts of $415.4 million and $793.7 million for the three and six months ended June 30, 2021, respectively, and $473.4 million and $955.8 million for the three and six months ended June 30, 2020, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $29.0 million and $68.8 million for the three and six months ended June 30, 2021, respectively, and $18.5 million and $151.1 million for the three and six months ended June 30, 2020, respectively. See Note 6.
[3] Total revenues and other includes related-party amounts of $415.4 million and $793.7 million for the three and six months ended June 30, 2021, respectively, and $473.4 million and $955.8 million for the three and six months ended June 30, 2020, respectively. See Note 6.
[4] Total operating expenses includes related-party amounts of $29.6 million and $69.9 million for the three and six months ended June 30, 2021, respectively, and $18.7 million and $151.1 million for the three and six months ended June 30, 2020, respectively. See Note 6.