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Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and other    
Revenues and other [1] $ 887,729 $ 733,982
Equity income, net – related parties 32,819 39,021
Operating expenses    
Cost of product 46,079 51,459
Operation and maintenance 194,939 174,239
General and administrative 67,839 51,117
Property and other taxes 13,920 6,831
Depreciation and amortization 157,991 144,626
Long-lived asset and other impairments [2] 23 52,401
Total operating expenses [3] 480,791 480,673
Gain (loss) on divestiture and other, net 239,617 (2,118)
Operating income (loss) 679,374 290,212
Interest expense (94,506) (81,670)
Gain (loss) on early extinguishment of debt 524 0
Other income (expense), net 2,346 1,215
Income (loss) before income taxes 587,738 209,757
Income tax expense (benefit) 1,522 1,416
Net income (loss) 586,216 208,341
Net income (loss) attributable to noncontrolling interest 13,386 4,696
Net income (loss) attributable to Western Midstream Operating, LP 572,830 203,645
Service Revenues - Fee Based [Member]    
Revenues and other    
Revenues and other 781,262 647,867
Service Revenues - Product Based [Member]    
Revenues and other    
Revenues and other 66,740 46,810
Product Sales [Member]    
Revenues and other    
Revenues and other 39,292 39,025
Other [Member]    
Revenues and other    
Revenues and other 435 280
WES Operating [Member]    
Revenues and other    
Revenues and other [4] 887,729 733,982
Equity income, net – related parties 32,819 39,021
Operating expenses    
Cost of product 46,079 51,459
Operation and maintenance 194,939 174,239
General and administrative 67,479 50,885
Property and other taxes 13,920 6,831
Depreciation and amortization 157,991 144,626
Long-lived asset and other impairments [5] 23 52,401
Total operating expenses [6] 480,431 480,441
Gain (loss) on divestiture and other, net 239,617 (2,118)
Operating income (loss) 679,734 290,444
Interest expense (94,506) (81,670)
Gain (loss) on early extinguishment of debt 524 0
Other income (expense), net 2,287 1,190
Income (loss) before income taxes 588,039 209,964
Income tax expense (benefit) 1,522 1,416
Net income (loss) 586,517 208,548
Net income (loss) attributable to noncontrolling interest 1,686 535
Net income (loss) attributable to Western Midstream Operating, LP 584,831 208,013
WES Operating [Member] | Service Revenues - Fee Based [Member]    
Revenues and other    
Revenues and other 781,262 647,867
WES Operating [Member] | Service Revenues - Product Based [Member]    
Revenues and other    
Revenues and other 66,740 46,810
WES Operating [Member] | Product Sales [Member]    
Revenues and other    
Revenues and other 39,292 39,025
WES Operating [Member] | Other [Member]    
Revenues and other    
Revenues and other $ 435 $ 280
[1] Total revenues and other includes related-party amounts of $499.8 million and $448.8 million for the three months ended March 31, 2024 and 2023, respectively. See Note 6.
[2] See Note 8.
[3] Total operating expenses includes related-party amounts of $(26.0) million and $(3.1) million for the three months ended March 31, 2024 and 2023, respectively, all primarily related to changes in imbalance positions. See Note 6.
[4] Total revenues and other includes related-party amounts of $499.8 million and $448.8 million for the three months ended March 31, 2024 and 2023, respectively. See Note 6.
[5] See Note 8.
[6] Total operating expenses includes related-party amounts of $(24.7) million and $(1.9) million for the three months ended March 31, 2024 and 2023, respectively, all primarily related to changes in imbalance positions. See Note 6.