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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues and other        
Total revenues and other [1] $ 952,484 $ 883,362 $ 2,811,922 $ 2,676,720
Equity income, net – related parties 16,847 23,977 64,410 84,227
Operating expenses        
Cost of product 51,187 32,847 135,360 132,936
Operation and maintenance 212,385 231,066 663,528 649,324
General and administrative 64,119 64,726 197,051 195,498
Property and other taxes 15,725 12,635 51,356 43,984
Depreciation and amortization 170,323 166,015 512,896 487,438
Long-lived asset and other impairments 11,562 4,651 12,251 6,204
Total operating expenses [2] 525,301 511,940 1,572,442 1,515,384
Gain (loss) on divestiture and other, net (2,470) 467 (8,048) 299,426
Operating income (loss) 441,560 395,866 1,295,842 1,544,989
Interest expense (92,353) (94,149) (284,816) (279,177)
Gain (loss) on early extinguishment of debt 0 0 0 5,403
Other income (expense), net 1,754 9,565 12,923 16,124
Income (loss) before income taxes 350,961 311,282 1,023,949 1,287,339
Income tax expense (benefit) 2,089 15,390 7,763 17,667
Net income (loss) 348,872 295,892 1,016,186 1,269,672
Net income (loss) attributable to noncontrolling interests 9,257 7,412 25,884 29,714
Net income (loss) attributable to Western Midstream Partners, LP 339,615 288,480 990,302 1,239,958
Limited partners' interest in net income (loss):        
Net income (loss) attributable to Western Midstream Partners, LP 339,615 288,480 990,302 1,239,958
General partner interest in net (income) loss (7,885) (6,708) (22,985) (28,845)
Limited partners' interest in net income (loss) [3] $ 331,730 $ 281,772 $ 967,317 $ 1,211,113
Net income (loss) per common unit - basic [3] $ 0.87 $ 0.74 $ 2.54 $ 3.18
Net income (loss) per common unit - diluted [3] $ 0.87 $ 0.74 $ 2.53 $ 3.17
Weighted-average common units outstanding - basic [3] 381,330 380,513 381,216 380,343
Weighted-average common units outstanding - diluted [3] 382,788 382,620 382,630 382,189
Service Revenues - Fee Based [Member]        
Revenues and other        
Total revenues and other $ 868,253 $ 814,319 $ 2,542,869 $ 2,389,366
Service Revenues - Product Based [Member]        
Revenues and other        
Total revenues and other 33,919 49,115 143,613 177,321
Product Sales [Member]        
Revenues and other        
Total revenues and other 50,129 19,673 124,878 109,076
Other [Member]        
Revenues and other        
Total revenues and other $ 183 $ 255 $ 562 $ 957
[1] Total revenues and other includes related-party amounts of $586.0 million and $1.7 billion for the three and nine months ended September 30, 2025, respectively, and $545.2 million and $1.6 billion for the three and nine months ended September 30, 2024, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $3.2 million and $(16.2) million for the three and nine months ended September 30, 2025, respectively, and $(12.1) million and $(37.7) million for the three and nine months ended September 30, 2024, respectively. See Note 6.
[3] See Note 5.