XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues and other        
Revenues and other [1] $ 763,840 $ 679,044 $ 2,157,945 $ 2,125,112
Equity income, net – related parties 48,506 61,026 159,337 176,788
Operating expenses        
Cost of product 83,232 31,739 250,245 153,611
Operation and maintenance 140,838 132,293 434,198 436,670
General and administrative 50,409 41,578 139,973 118,466
Property and other taxes 13,641 19,392 45,992 57,263
Depreciation and amortization 139,002 132,564 407,404 384,688
Long-lived asset and other impairments 1,594 34,640 29,198 200,575
Goodwill impairment 0 0 0 441,017
Total operating expenses [2] 428,716 392,206 1,307,010 1,792,290
Gain (loss) on divestiture and other, net (364) (768) 278 (3,651)
Operating income (loss) 383,266 347,096 1,010,550 505,959
Interest income – Anadarko note receivable 0 3,286 0 11,736
Interest expense (93,257) (95,571) (287,040) (278,811)
Gain (loss) on early extinguishment of debt (24,655) 1,632 (24,944) 10,372
Other income (expense), net 110 720 (1,013) 612
Income (loss) before income taxes 265,464 257,163 697,553 249,868
Income tax expense (benefit) 1,826 3,028 4,403 3,792
Net income (loss) 263,638 254,135 693,150 246,076
Net income (loss) attributable to noncontrolling interest 7,913 7,524 20,375 (17,045)
Net income (loss) attributable to Western Midstream Operating, LP 255,725 246,611 672,775 263,121
Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 650,482 636,522 1,841,742 1,980,546
Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 28,812 12,316 88,267 35,237
Product Sales [Member]        
Revenues and other        
Revenues and other 84,298 30,106 227,359 108,491
Other [Member]        
Revenues and other        
Revenues and other 248 100 577 838
WES Operating [Member]        
Revenues and other        
Revenues and other [3] 763,840 679,044 2,157,945 2,125,112
Equity income, net – related parties 48,506 61,026 159,337 176,788
Operating expenses        
Cost of product 83,232 31,739 250,245 153,611
Operation and maintenance 140,838 132,293 434,198 436,670
General and administrative 50,689 41,483 137,767 115,783
Property and other taxes 13,641 19,392 45,992 57,263
Depreciation and amortization 139,002 132,564 407,404 384,688
Long-lived asset and other impairments 1,594 34,640 29,198 200,575
Goodwill impairment 0 0 0 441,017
Total operating expenses [4] 428,996 392,111 1,304,804 1,789,607
Gain (loss) on divestiture and other, net (364) (768) 278 (3,651)
Operating income (loss) 382,986 347,191 1,012,756 508,642
Interest income – Anadarko note receivable 0 3,286 0 11,736
Interest expense (93,257) (95,571) (287,040) (278,811)
Gain (loss) on early extinguishment of debt (24,655) 1,632 (24,944) 10,372
Other income (expense), net 106 718 (1,022) 606
Income (loss) before income taxes 265,180 257,256 699,750 252,545
Income tax expense (benefit) 1,823 3,028 4,400 3,792
Net income (loss) 263,357 254,228 695,350 248,753
Net income (loss) attributable to noncontrolling interest 2,699 2,488 6,596 (22,471)
Net income (loss) attributable to Western Midstream Operating, LP 260,658 251,740 688,754 271,224
WES Operating [Member] | Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 650,482 636,522 1,841,742 1,980,546
WES Operating [Member] | Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 28,812 12,316 88,267 35,237
WES Operating [Member] | Product Sales [Member]        
Revenues and other        
Revenues and other 84,298 30,106 227,359 108,491
WES Operating [Member] | Other [Member]        
Revenues and other        
Revenues and other $ 248 $ 100 $ 577 $ 838
[1] Total revenues and other includes related-party amounts of $431.7 million and $1.2 billion for the three and nine months ended September 30, 2021, respectively, and $455.6 million and $1.4 billion for the three and nine months ended September 30, 2020, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $22.7 million and $91.5 million for the three and nine months ended September 30, 2021, respectively, and $10.4 million and $161.5 million for the three and nine months ended September 30, 2020, respectively. See Note 6.
[3] Total revenues and other includes related-party amounts of $431.7 million and $1.2 billion for the three and nine months ended September 30, 2021, respectively, and $455.6 million and $1.4 billion for the three and nine months ended September 30, 2020, respectively. See Note 6.
[4] Total operating expenses includes related-party amounts of $23.7 million and $93.6 million for the three and nine months ended September 30, 2021, respectively, and $11.1 million and $162.2 million for the three and nine months ended September 30, 2020, respectively. See Note 6.