Western Midstream Partners, LP, a midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Revenue of Western Midstream Partners, LP (WES)
Revenue in 2023 (TTM): $3.11 B
According to Western Midstream Partners, LP's latest financial reports the company's current revenue (TTM) is $3.11 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Western Midstream Partners, LP
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.11 B | $2.18 B | $2 B | $1.05 B | $998.53 M |
| 2022 | $3.25 B | $2.25 B | $2.17 B | $1.26 B | $1.22 B |
| 2021 | $2.88 B | $2 B | $1.71 B | $934.19 M | $916.29 M |
| 2020 | $2.77 B | $2.09 B | $1.78 B | $522.85 M | $527.01 M |
| 2019 | $2.75 B | $1.82 B | $1.48 B | $821.17 M | $697.24 M |
| 2018 | $1.99 B | $1.22 B | $1.28 B | $451.46 M | $369.43 M |
| 2017 | $2.25 B | $1.05 B | $1.01 B | $578.07 M | $376.61 M |
| 2016 | $1.8 B | $1.04 B | $910.02 M | $605.35 M | $345.77 M |
| 2015 | $1.56 B | $788.77 M | $814 M | $-63,166,000 | $87.86 M |
| 2014 | $1.27 B | $652.65 M | $710.59 M | $389.41 M | $221.91 M |
| 2013 | $1.05 B | $543.29 M | $482.68 M | $284.97 M | $160.17 M |
| 2012 | $849.44 M | $396.1 M | $279.32 M | $122.62 M | $2.81 M |
| 2011 | $809.67 M | $482.3 M | $349.61 M | $207.36 M | $75.64 M |
| 2010 | $494.87 M | $337.82 M | $288.7 M | $147.65 M | $126.07 M |
| 2009 | $236.54 M | $185.41 M | $249.3 M | $87.62 M | $77.35 M |
| 2008 | $689.48 M | $356.6 M | $249.38 M | $177.98 M | $126.32 M |
| 2007 | $255.35 M | $143.07 M | $94.5 M | $55.89 M | $36.56 M |