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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues and other        
Revenues and other [1] $ 876,419 $ 719,131 $ 1,634,716 $ 1,394,105
Equity income, net – related parties 48,464 58,666 98,071 110,831
Operating expenses        
Cost of product 148,556 78,044 221,404 167,013
Operation and maintenance 168,153 153,028 297,129 293,360
General and administrative 47,848 44,448 96,450 89,564
Property and other taxes 22,662 17,967 41,104 32,351
Depreciation and amortization 139,036 137,849 273,618 268,402
Long-lived asset and other impairments 90 12,738 90 27,604
Total operating expenses [2] 526,345 444,074 929,795 878,294
Gain (loss) on divestiture and other, net (1,150) 1,225 (780) 642
Operating income (loss) 397,388 334,948 802,212 627,284
Interest expense (80,772) (95,290) (166,227) (193,783)
Gain (loss) on early extinguishment of debt 91 0 91 (289)
Other income (expense), net (45) 84 61 (1,123)
Income (loss) before income taxes 316,662 239,742 636,137 432,089
Income tax expense (benefit) 1,491 1,465 3,296 2,577
Net income (loss) 315,171 238,277 632,841 429,512
Net income (loss) attributable to noncontrolling interests 8,854 7,018 17,807 12,462
Net income (loss) attributable to Western Midstream Partners, LP 306,317 231,259 615,034 417,050
Limited partners' interest in net income (loss):        
Net income (loss) attributable to Western Midstream Partners, LP 306,317 231,259 615,034 417,050
General partner interest in net (income) loss (6,767) (4,964) (13,550) (8,957)
Limited partners' interest in net income (loss) [3] $ 299,550 $ 226,295 $ 601,484 $ 408,093
Net income (loss) per common unit - basic [3] $ 0.74 $ 0.55 $ 1.49 $ 0.99
Net income (loss) per common unit - diluted [3] $ 0.74 $ 0.55 $ 1.49 $ 0.99
Weighted-average common units outstanding - basic [3] 403,027 413,070 403,140 413,087
Weighted-average common units outstanding - diluted [3] 404,162 413,720 404,280 413,557
Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other $ 655,952 $ 618,985 $ 1,287,550 $ 1,191,260
Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 70,498 27,803 111,365 59,455
Product Sales [Member]        
Revenues and other        
Revenues and other 149,736 72,256 235,325 143,061
Other [Member]        
Revenues and other        
Revenues and other $ 233 $ 87 $ 476 $ 329
[1] Total revenues and other includes related-party amounts of $456.8 million and $885.5 million for the three and six months ended June 30, 2022, respectively, and $415.4 million and $793.7 million for the three and six months ended June 30, 2021, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $(11.2) million and $(28.8) million for the three and six months ended June 30, 2022, respectively, and $29.0 million and $68.8 million for the three and six months ended June 30, 2021, respectively. See Note 6.
[3] See Note 5.