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Consolidated Statements of Operations - WES Operating - USD ($)
$ 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 interest 9,257 7,412 25,884 29,714
Net income (loss) attributable to Western Midstream Operating, LP 339,615 288,480 990,302 1,239,958
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
WES Operating [Member]        
Revenues and other        
Total revenues and other [3] 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 63,780 64,017 196,599 193,497
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 [4] 524,962 511,231 1,571,990 1,513,383
Gain (loss) on divestiture and other, net (2,470) 467 (8,048) 299,426
Operating income (loss) 441,899 396,575 1,296,294 1,546,990
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 1,707 9,498 12,781 15,930
Income (loss) before income taxes 351,253 311,924 1,024,259 1,289,146
Income tax expense (benefit) 2,089 15,390 7,763 17,667
Net income (loss) 349,164 296,534 1,016,496 1,271,479
Net income (loss) attributable to noncontrolling interest 2,316 1,509 5,660 4,364
Net income (loss) attributable to Western Midstream Operating, LP 346,848 295,025 1,010,836 1,267,115
WES Operating [Member] | Service Revenues - Fee Based [Member]        
Revenues and other        
Total revenues and other 868,253 814,319 2,542,869 2,389,366
WES Operating [Member] | Service Revenues - Product Based [Member]        
Revenues and other        
Total revenues and other 33,919 49,115 143,613 177,321
WES Operating [Member] | Product Sales [Member]        
Revenues and other        
Total revenues and other 50,129 19,673 124,878 109,076
WES Operating [Member] | 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] 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.
[4] Total operating expenses includes related-party amounts of $4.1 million and $(12.9) million for the three and nine months ended September 30, 2025, respectively, and $(11.2) million and $(34.7) million for the three and nine months ended September 30, 2024, respectively. See Note 6.