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Consolidated Statements of Operations - WES Operating - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and other        
Revenues and other [1] $ 738,273 $ 876,419 $ 1,472,255 $ 1,634,716
Equity income, net – related parties 42,324 48,464 81,345 98,071
Operating expenses        
Cost of product 44,746 148,556 96,205 221,404
Operation and maintenance 183,431 168,153 357,670 297,129
General and administrative 53,405 47,848 104,522 96,450
Property and other taxes 18,547 22,662 25,378 41,104
Depreciation and amortization 143,492 139,036 288,118 273,618
Long-lived asset and other impairments [2] 234 90 52,635 90
Total operating expenses [3] 443,855 526,345 924,528 929,795
Gain (loss) on divestiture and other, net (70) (1,150) (2,188) (780)
Operating income (loss) 336,672 397,388 626,884 802,212
Interest expense (86,182) (80,772) (167,852) (166,227)
Gain (loss) on early extinguishment of debt 6,813 91 6,813 91
Other income (expense), net 2,872 (45) 4,087 61
Income (loss) before income taxes 260,175 316,662 469,932 636,137
Income tax expense (benefit) 659 1,491 2,075 3,296
Net income (loss) 259,516 315,171 467,857 632,841
Net income (loss) attributable to noncontrolling interest 6,595 8,854 11,291 17,807
Net income (loss) attributable to Western Midstream Operating, LP 252,921 306,317 456,566 615,034
Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 661,506 655,952 1,309,373 1,287,550
Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 46,956 70,498 93,766 111,365
Product Sales [Member]        
Revenues and other        
Revenues and other 29,659 149,736 68,684 235,325
Other [Member]        
Revenues and other        
Revenues and other 152 233 432 476
WES Operating [Member]        
Revenues and other        
Revenues and other [4] 738,273 876,419 1,472,255 1,634,716
Equity income, net – related parties 42,324 48,464 81,345 98,071
Operating expenses        
Cost of product 44,746 148,556 96,205 221,404
Operation and maintenance 183,431 168,153 357,670 297,129
General and administrative 52,219 47,227 103,104 95,088
Property and other taxes 18,547 22,662 25,378 41,104
Depreciation and amortization 143,492 139,036 288,118 273,618
Long-lived asset and other impairments [5] 234 90 52,635 90
Total operating expenses [6] 442,669 525,724 923,110 928,433
Gain (loss) on divestiture and other, net (70) (1,150) (2,188) (780)
Operating income (loss) 337,858 398,009 628,302 803,574
Interest expense (86,182) (80,772) (167,852) (166,227)
Gain (loss) on early extinguishment of debt 6,813 91 6,813 91
Other income (expense), net 2,743 (49) 3,933 54
Income (loss) before income taxes 261,232 317,279 471,196 637,492
Income tax expense (benefit) 659 1,491 2,075 3,296
Net income (loss) 260,573 315,788 469,121 634,196
Net income (loss) attributable to noncontrolling interest 1,410 2,587 1,945 5,223
Net income (loss) attributable to Western Midstream Operating, LP 259,163 313,201 467,176 628,973
WES Operating [Member] | Service Revenues - Fee Based [Member]        
Revenues and other        
Revenues and other 661,506 655,952 1,309,373 1,287,550
WES Operating [Member] | Service Revenues - Product Based [Member]        
Revenues and other        
Revenues and other 46,956 70,498 93,766 111,365
WES Operating [Member] | Product Sales [Member]        
Revenues and other        
Revenues and other 29,659 149,736 68,684 235,325
WES Operating [Member] | Other [Member]        
Revenues and other        
Revenues and other $ 152 $ 233 $ 432 $ 476
[1] Total revenues and other includes related-party amounts of $441.6 million and $890.4 million for the three and six months ended June 30, 2023, respectively, and $456.8 million and $885.5 million for the three and six months ended June 30, 2022, respectively. See Note 5.
[2] See Note 7.
[3] Total operating expenses includes related-party amounts of $(14.1) million and $(17.2) million for the three and six months ended June 30, 2023, respectively, and $(11.2) million and $(28.8) million for the three and six months ended June 30, 2022, respectively, all primarily related to changes in imbalance positions. See Note 5.
[4] Total revenues and other includes related-party amounts of $441.6 million and $890.4 million for the three and six months ended June 30, 2023, respectively, and $456.8 million and $885.5 million for the three and six months ended June 30, 2022, respectively. See Note 5.
[5] See Note 7.
[6] Total operating expenses includes related-party amounts of $(13.4) million and $(15.3) million for the three and six months ended June 30, 2023, respectively, and $(10.5) million and $(27.2) million for the three and six months ended June 30, 2022, respectively, all primarily related to changes in imbalance positions. See Note 5.