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Consolidated Balance Sheets - WES Operating - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 1,090,464 $ 272,787
Accounts receivable, net 701,838 666,637
Other current assets 54,888 52,986
Total current assets 1,847,190 992,410
Property, plant, and equipment    
Cost 15,509,910 14,945,431
Less accumulated depreciation 5,795,301 5,290,415
Net property, plant, and equipment 9,714,609 9,655,016
Goodwill 4,783 4,783
Other intangible assets 649,740 681,408
Equity investments 541,435 904,535
Other assets [1] 387,028 233,455
Total assets [2] 13,144,785 12,471,607
Current liabilities    
Accounts and imbalance payables 312,945 362,451
Short-term debt 1,011,032 617,748
Accrued ad valorem taxes 38,319 61,285
Accrued liabilities 329,398 262,572
Total current liabilities 1,691,694 1,304,056
Long-term liabilities    
Long-term debt 6,926,647 7,283,556
Deferred income taxes 29,679 15,468
Asset retirement obligations 370,195 359,185
Other liabilities 751,400 480,212
Total long-term liabilities 8,077,921 8,138,421
Total liabilities [3] 9,769,615 9,442,477
Equity and partners' capital    
Common units (318,675,578 units issued and outstanding at December 31, 2024 and 2023) 3,224,802 2,894,231
Total partners' capital 3,235,605 2,897,424
Noncontrolling interest 139,565 131,706
Total equity and partners' capital 3,375,170 3,029,130
Total liabilities, equity, and partners' capital $ 13,144,785 $ 12,471,607
Common units issued 380,556,643 379,519,983
Common units outstanding 380,556,643 379,519,983
WES Operating [Member]    
Current assets    
Cash and cash equivalents $ 1,084,446 $ 268,184
Accounts receivable, net 701,814 666,615
Other current assets 53,775 50,468
Total current assets 1,840,035 985,267
Property, plant, and equipment    
Cost 15,509,910 14,945,431
Less accumulated depreciation 5,795,301 5,290,415
Net property, plant, and equipment 9,714,609 9,655,016
Goodwill 4,783 4,783
Other intangible assets 649,740 681,408
Equity investments 541,435 904,535
Other assets [4] 383,808 231,644
Total assets [5] 13,134,410 12,462,653
Current liabilities    
Accounts and imbalance payables 339,108 392,752
Short-term debt 1,011,032 617,748
Accrued ad valorem taxes 38,319 61,285
Accrued liabilities 248,589 203,461
Total current liabilities 1,637,048 1,275,246
Long-term liabilities    
Long-term debt 6,926,647 7,283,556
Deferred income taxes 29,679 15,468
Asset retirement obligations 370,195 359,185
Other liabilities 744,715 476,844
Total long-term liabilities 8,071,236 8,135,053
Total liabilities [6] 9,708,284 9,410,299
Equity and partners' capital    
Common units (318,675,578 units issued and outstanding at December 31, 2024 and 2023) 3,399,650 3,027,031
Total partners' capital 3,399,650 3,027,031
Noncontrolling interest 26,476 25,323
Total equity and partners' capital 3,426,126 3,052,354
Total liabilities, equity, and partners' capital $ 13,134,410 $ 12,462,653
Common units issued 318,675,578 318,675,578
Common units outstanding 318,675,578 318,675,578
[1] Other assets includes $5.5 million and $5.7 million of NGLs line-fill inventory as of December 31, 2024 and 2023, respectively. Other assets also includes $110.3 million and $96.3 million of materials and supplies inventory as of December 31, 2024 and 2023, respectively
[2] Total assets includes related-party amounts of $991.1 million and $1.3 billion as of December 31, 2024 and 2023, respectively, which includes related-party Accounts receivable, net of $401.3 million and $358.1 million as of December 31, 2024 and 2023, respectively. See Note 6.
[3] Total liabilities includes related-party amounts of $529.7 million and $378.8 million as of December 31, 2024 and 2023, respectively. See Note 6.
[4] Other assets includes $5.5 million and $5.7 million of NGLs line-fill inventory as of December 31, 2024 and 2023, respectively. Other assets also includes $110.3 million and $96.3 million of materials and supplies inventory as of December 31, 2024 and 2023, respectively.
[5] Total assets includes related-party amounts of $987.4 million and $1.3 billion as of December 31, 2024 and 2023, respectively, which includes related-party Accounts receivable, net of $401.3 million and $358.1 million as of December 31, 2024 and 2023, respectively. See Note 6.
[6] Total liabilities includes related-party amounts of $555.9 million and $409.5 million as of December 31, 2024 and 2023, respectively. See Note 6.