XML 21 R9.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues and other    
Revenues and other [1] $ 758,297 $ 674,974
Equity income, net – related parties 49,607 52,165
Operating expenses    
Cost of product 72,848 88,969
Operation and maintenance 128,976 140,332
General and administrative 48,602 45,116
Property and other taxes 18,442 14,384
Depreciation and amortization 134,582 130,553
Long-lived asset and other impairments 0 14,866
Total operating expenses [2] 403,450 434,220
Gain (loss) on divestiture and other, net 370 (583)
Operating income (loss) 404,824 292,336
Interest expense (85,455) (98,493)
Gain (loss) on early extinguishment of debt 0 (289)
Other income (expense), net 106 (1,207)
Income (loss) before income taxes 319,475 192,347
Income tax expense (benefit) 1,805 1,112
Net income (loss) 317,670 191,235
Net income (loss) attributable to noncontrolling interest 8,953 5,444
Net income (loss) attributable to Western Midstream Operating, LP 308,717 185,791
Service Revenues - Fee Based [Member]    
Revenues and other    
Revenues and other 631,598 572,275
Service Revenues - Product Based [Member]    
Revenues and other    
Revenues and other 40,867 31,652
Product Sales [Member]    
Revenues and other    
Revenues and other 85,589 70,805
Other [Member]    
Revenues and other    
Revenues and other 243 242
WES Operating [Member]    
Revenues and other    
Revenues and other [3] 758,297 674,974
Equity income, net – related parties 49,607 52,165
Operating expenses    
Cost of product 72,848 88,969
Operation and maintenance 128,976 140,332
General and administrative 47,861 44,230
Property and other taxes 18,442 14,384
Depreciation and amortization 134,582 130,553
Long-lived asset and other impairments 0 14,866
Total operating expenses [4] 402,709 433,334
Gain (loss) on divestiture and other, net 370 (583)
Operating income (loss) 405,565 293,222
Interest expense (85,455) (98,493)
Gain (loss) on early extinguishment of debt 0 (289)
Other income (expense), net 103 (1,210)
Income (loss) before income taxes 320,213 193,230
Income tax expense (benefit) 1,805 1,112
Net income (loss) 318,408 192,118
Net income (loss) attributable to noncontrolling interest 2,636 1,633
Net income (loss) attributable to Western Midstream Operating, LP 315,772 190,485
WES Operating [Member] | Service Revenues - Fee Based [Member]    
Revenues and other    
Revenues and other 631,598 572,275
WES Operating [Member] | Service Revenues - Product Based [Member]    
Revenues and other    
Revenues and other 40,867 31,652
WES Operating [Member] | Product Sales [Member]    
Revenues and other    
Revenues and other 85,589 70,805
WES Operating [Member] | Other [Member]    
Revenues and other    
Revenues and other $ 243 $ 242
[1] Total revenues and other includes related-party amounts of $428.7 million and $378.3 million for the three months ended March 31, 2022 and 2021, respectively. See Note 5.
[2] Total operating expenses includes related-party amounts of $(17.6) million and $39.9 million for the three months ended March 31, 2022 and 2021, respectively. See Note 5.
[3] Total revenues and other includes related-party amounts of $428.7 million and $378.3 million for the three months ended March 31, 2022 and 2021, respectively. See Note 5.
[4] Total operating expenses includes related-party amounts of $(16.7) million and $40.4 million for the three months ended March 31, 2022 and 2021, respectively. See Note 5.