Last 7 days
-5.3%
Last 30 days
0.8%
Last 90 days
8.7%
Trailing 12 Months
9.2%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.2B | 3.1B | 3.0B | 0 |
2022 | 3.0B | 3.1B | 3.2B | 3.3B |
2021 | 2.7B | 2.7B | 2.8B | 2.9B |
2020 | 2.8B | 2.8B | 2.8B | 2.8B |
2019 | 2.5B | 2.6B | 2.7B | 2.7B |
2018 | 2.4B | 2.4B | 2.4B | 2.3B |
2017 | 2.1B | 2.2B | 2.3B | 2.4B |
2016 | 1.7B | 1.7B | 1.7B | 1.9B |
2015 | 1.7B | 1.8B | 1.9B | 1.8B |
2014 | 1.3B | 1.4B | 1.5B | 1.5B |
2013 | 895.6M | 926.7M | 965.4M | 1.2B |
2012 | 898.7M | 890.0M | 906.3M | 894.5M |
2011 | 0 | 0 | 0 | 858.1M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Sep 21, 2023 | ure michael | gifted | - | - | -16,000 | president & ceo |
Sep 12, 2023 | occidental petroleum corp /de/ | sold | -127,500,000 | 25.00 | -5,100,000 | - |
Feb 14, 2023 | ure michael | acquired | - | - | 146,678 | president & ceo |
Feb 14, 2023 | ure michael | sold (taxes) | -1,644,960 | 28.5 | -57,718 | president & ceo |
Feb 14, 2023 | bourne robert w. | acquired | - | - | 34,225 | svp & chief commercial officer |
Feb 14, 2023 | dial christopher b. | acquired | - | - | 29,335 | svp, gc and secretary |
Feb 14, 2023 | bourne robert w. | sold (taxes) | -383,838 | 28.5 | -13,468 | svp & chief commercial officer |
Feb 14, 2023 | green catherine a. | acquired | - | - | 12,225 | svp & chief accounting officer |
Feb 14, 2023 | dial christopher b. | sold (taxes) | -329,004 | 28.5 | -11,544 | svp, gc and secretary |
Feb 14, 2023 | green catherine a. | sold (taxes) | -137,085 | 28.5 | -4,810 | svp & chief accounting officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 06, 2023 | CITIGROUP INC | reduced | -68.95 | -1,605,820 | 751,520 | -% |
Dec 05, 2023 | RR Advisors, LLC | reduced | -2.29 | 219,000 | 73,074,000 | 12.64% |
Dec 01, 2023 | B. Riley Wealth Advisors, Inc. | reduced | -4.87 | -22,060 | 928,788 | 0.03% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -59.37 | -9,200,450 | 6,585,850 | -% |
Nov 21, 2023 | COMERICA BANK | reduced | -99.12 | 362,120 | 404,120 | -% |
Nov 21, 2023 | Walleye Trading LLC | reduced | -76.93 | -802,999 | 249,209 | -% |
Nov 15, 2023 | London & Capital Asset Management Ltd | unchanged | - | 19,170 | 735,210 | 0.07% |
Nov 15, 2023 | MORGAN STANLEY | added | 3.69 | 3,470,020 | 57,136,500 | 0.01% |
Nov 15, 2023 | Westside Investment Management, Inc. | unchanged | - | 639 | 24,507 | 0.01% |
Nov 15, 2023 | JANE STREET GROUP, LLC | new | - | 460,105 | 460,105 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Sep 14, 2023 | occidental petroleum corp /de/ | 48.8% | 185,181,578 | SC 13D/A | |
Feb 13, 2023 | alps advisors inc | 6.60% | 25,442,166 | SC 13G/A | |
Feb 16, 2021 | invesco ltd. | 5.1% | 21,340,971 | SC 13G | |
Sep 17, 2020 | occidental petroleum corp /de/ | 51.5% | 214,281,578 | SC 13D/A | |
Feb 14, 2020 | tortoise capital advisors, l.l.c. | 4.6% | 20,879,174 | SC 13G/A | |
Feb 12, 2020 | neuberger berman group llc | 3.40% | 15,386,554 | SC 13G/A | |
Feb 12, 2020 | neuberger berman group llc | 3.40% | 15,386,554 | SC 13G/A | |
Jan 07, 2020 | occidental petroleum corp /de/ | 54.5% | 242,136,976 | SC 13D/A | |
Jan 07, 2020 | occidental petroleum corp /de/ | 54.5% | 242,136,976 | SC 13D/A | |
Oct 09, 2019 | tortoise capital advisors, l.l.c. | 5.3% | 23,952,076 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Nov 16, 2023 | 8-K | Current Report | |
Nov 01, 2023 | 8-K | Current Report | |
Nov 01, 2023 | 10-Q | Quarterly Report | |
Sep 29, 2023 | 8-K | Current Report | |
Sep 22, 2023 | 4 | Insider Trading | |
Sep 14, 2023 | SC 13D/A | 13D - Major Acquisition | |
Sep 14, 2023 | 4 | Insider Trading | |
Sep 14, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ENB | 74.0B | 45.8B | 3.42% | -11.39% | 21.82 | 1.62 | -12.57% | -42.73% |
EPD | 56.7B | 48.7B | -0.49% | 10.02% | 10.17 | 0.98 | -12.81% | 5.61% |
LNG | 41.7B | 24.3B | 1.84% | 2.18% | 3.35 | 1.72 | -18.13% | 424.66% |
ET | 40.6B | 78.6B | 0.15% | 14.55% | 8.97 | 1.48 | -10.77% | -16.78% |
KMI | 39.0B | 15.9B | 5.74% | -2.99% | 15.8 | 2.46 | -16.65% | -1.91% |
MID-CAP | ||||||||
PAA | 9.4B | 49.0B | -3.86% | 26.91% | 7.41 | 0.17 | -14.66% | -3.51% |
AM | 6.1B | 1.0B | -0.70% | 19.44% | 17.23 | 5.96 | 14.33% | 9.95% |
ENLC | 4.7B | 7.1B | 2.81% | 6.57% | 12.19 | 0.52 | -26.07% | 17.92% |
ETRN | 4.2B | 1.4B | 11.00% | 41.57% | 11.25 | 3.05 | 11.16% | 119.27% |
INSW | 2.2B | 1.2B | -8.18% | 17.13% | 3.37 | 1.87 | 86.61% | 374.47% |
SMALL-CAP | ||||||||
GEL | 1.5B | 3.1B | 7.32% | 25.97% | 10.22 | 0.48 | 17.33% | 524.80% |
HESM | 1.3B | 1.3B | 3.37% | 6.41% | 3.71 | 1.02 | 2.33% | 116.48% |
GLP | 1.1B | 16.5B | 17.95% | 23.53% | 2.99 | 0.06 | -10.96% | -2.81% |
GPP | 303.6M | 82.4M | -10.73% | -2.46% | 7.41 | 3.9 | 5.74% | -6.51% |
MMLP | 107.8M | 860.2M | -7.00% | -26.46% | 128.07 | 0.11 | -18.95% | -746.20% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 5.1% | 776 | 738 | 734 | 779 | 838 | 876 | 758 | 719 | 764 | 719 | 675 | 647 | 679 | 672 | 774 | 723 | 666 | 685 | 672 | 693 | 588 |
Costs and Expenses | 1.2% | 449 | 444 | 481 | 499 | 522 | 526 | 403 | 439 | 429 | 444 | 434 | 337 | 392 | 350 | 1,051 | 452 | 451 | 438 | 410 | 491 | 385 |
Operating Expenses | 11.5% | 204 | 183 | 174 | 167 | 191 | 168 | 129 | 147 | 141 | 153 | 140 | 144 | 132 | 145 | 159 | 173 | 177 | 148 | 143 | 142 | 129 |
S&GA Expenses | 3.1% | 55.00 | 53.00 | 51.00 | 49.00 | 48.00 | 48.00 | 49.00 | 56.00 | 50.00 | 44.00 | 45.00 | 37.00 | 42.00 | 36.00 | 40.00 | 31.00 | 31.00 | 30.00 | 23.00 | 20.00 | 16.00 |
EBITDA Margin | -100.0% | - | 0.65* | 0.64* | 0.67* | 0.65* | 0.63* | 0.67* | 0.65* | 0.67* | 0.68* | - | - | - | - | - | - | - | - | - | 0.52* | 0.50* |
Interest Expenses | -4.0% | 83.00 | 86.00 | 82.00 | 85.00 | 83.00 | 81.00 | 85.00 | 89.00 | 93.00 | 95.00 | 98.00 | 101 | 96.00 | 95.00 | 89.00 | 79.00 | 79.00 | 79.00 | 66.00 | 55.00 | 49.00 |
Income Taxes | 37.3% | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 2.00 | -14.21 | 2.00 | 1.00 | 1.00 | 2.00 | 3.00 | 5.00 | -4.28 | 1.00 | 1.00 | 1.00 | 10.00 | 23.00 | 15.00 |
Earnings Before Taxes | 9.7% | 285 | 260 | 210 | 346 | 274 | 317 | 319 | 237 | 265 | 240 | 192 | 273 | 257 | 286 | -293 | 296 | 127 | 176 | 222 | 207 | 214 |
EBT Margin | -100.0% | - | 0.35* | 0.36* | 0.39* | 0.36* | 0.35* | 0.36* | 0.32* | 0.35* | 0.35* | - | - | - | - | - | - | - | - | - | 0.23* | 0.25* |
Net Income | 9.6% | 277 | 253 | 208 | 336 | 266 | 306 | 318 | 244 | 256 | 238 | 191 | 264 | 247 | 281 | -289 | 288 | 121 | 175 | 212 | 169 | 151 |
Net Income Margin | -100.0% | - | 0.34* | 0.35* | 0.37* | 0.36* | 0.34* | 0.35* | 0.32* | 0.33* | 0.34* | - | - | - | - | - | - | - | - | - | 0.32* | 0.32* |
Free Cashflow | -100.0% | - | 491 | 302 | 489 | 469 | 467 | 276 | 662 | 391 | 452 | - | - | - | - | - | - | - | - | - | 269 | 237 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 3.6% | 11,627 | 11,219 | 11,112 | 11,272 | 11,473 | 11,389 | 11,446 | 11,273 | 11,419 | 11,626 | 11,435 | 11,830 | 11,690 | 11,953 | 11,909 | 12,346 | 12,178 | 11,981 | 11,797 | 11,457 | 9,034 |
Current Assets | 42.5% | 1,136 | 797 | 735 | 900 | 896 | 863 | 906 | 685 | 757 | 886 | 611 | 943 | 644 | 559 | 491 | 402 | 393 | 336 | 336 | 345 | 384 |
Cash Equivalents | 128.8% | 489 | 214 | 113 | 287 | 159 | 97.00 | 248 | 202 | 100 | 306 | 56.00 | 445 | 138 | 60.00 | 152 | 100 | 117 | 96.00 | 100 | 92.00 | 133 |
Net PPE | 0.7% | 8,664 | 8,601 | 8,541 | 8,542 | 8,540 | 8,478 | 8,475 | 8,513 | 8,524 | 8,590 | 8,640 | 8,710 | 8,825 | 8,915 | 8,987 | 9,065 | 8,934 | 8,794 | 8,630 | 8,410 | 6,419 |
Goodwill | 0% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 446 | 446 | 446 | 446 | 446 | 416 |
Liabilities | 5.8% | 8,671 | 8,197 | 8,011 | 8,164 | 8,467 | 8,084 | 8,175 | 8,177 | 8,323 | 8,573 | 8,493 | 8,935 | 8,899 | 9,018 | 9,117 | 9,001 | 8,843 | 8,489 | 8,205 | 6,565 | 5,417 |
Current Liabilities | 2.3% | 636 | 622 | 581 | 904 | 746 | 755 | 1,337 | 1,140 | 1,307 | 1,127 | 490 | 961 | 837 | 891 | 450 | 486 | 597 | 499 | 2,519 | 637 | 540 |
Long Term Debt | 6.4% | 7,260 | 6,824 | 6,694 | 6,570 | 7,027 | 6,656 | 6,189 | 6,401 | 6,400 | 6,836 | 7,416 | 7,416 | 7,440 | 7,544 | - | 7,952 | - | - | - | - | - |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,089 | 7,952 | 7,731 | 7,489 | 5,208 | 4,787 | 4,566 |
Accumulated Depreciation | 0.1% | 5,145 | 5,140 | 5,009 | 4,824 | 4,697 | 4,581 | 4,455 | 4,333 | 4,209 | 4,087 | 4,050 | 3,932 | 3,808 | 3,685 | 3,559 | 3,291 | 3,176 | 3,059 | 2,950 | 2,848 | 2,494 |
Cashflow (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -19.6% | 394,787 | 490,823 | 302,424 | 489,219 | 468,768 | 466,981 | 276,458 | 661,858 | 391,333 | 452,111 | 261,550 | 505,525 | 392,894 | 345,688 | 393,311 | 297,415 | 340,154 | 343,458 | 343,073 | 382,980 | 335,869 |
Share Based Compensation | -6.4% | 7,171 | 7,665 | 7,199 | 6,538 | 6,464 | 7,038 | 7,743 | 6,842 | 6,979 | 7,121 | 6,734 | 5,935 | 5,616 | 5,677 | 5,234 | 6,005 | 3,996 | 3,125 | 2,368 | 1,597 | 1,669 |
Cashflow From Investing | -37.2% | -207,916 | -151,490 | -179,178 | 138,015 | -185,305 | -99,330 | -71,617 | -70,251 | -80,883 | -59,932 | -46,472 | -21,584 | -71,669 | -176,277 | -178,724 | -253,210 | -269,475 | -349,436 | -2,515,732 | -412,111 | -510,798 |
Cashflow From Financing | 137.3% | 88,670 | -238,025 | -297,257 | -499,671 | -221,804 | -518,466 | -158,591 | -489,470 | -516,161 | -142,982 | -603,624 | -177,064 | -242,918 | -261,955 | -162,267 | -61,673 | -49,044 | 1,726 | 2,180,564 | -11,604 | 252,489 |
Dividend Payments | -34.3% | 221,442 | 336,987 | 196,569 | 197,065 | 197,744 | 206,197 | 134,749 | 134,862 | 134,662 | 132,969 | 131,265 | 132,255 | 140,900 | 140,893 | 281,786 | 280,880 | 279,959 | 276,324 | 131,910 | 130,268 | 127,531 |
Buy Backs | 310875.6% | 127,500 | 41.00 | 7,061 | 40,515 | 367,858 | 74,068 | 5,149 | 113,099 | 88,125 | - | 16,241 | 32,535 | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||||||||
Revenues and other | ||||||||||||
Revenues and other | [1] | $ 776,013 | $ 837,568 | $ 2,248,268 | $ 2,472,284 | |||||||
Equity income, net – related parties | 35,494 | 41,317 | 116,839 | 139,388 | ||||||||
Operating expenses | ||||||||||||
Cost of product | 27,590 | 106,833 | 123,795 | 328,237 | ||||||||
Operation and maintenance | 204,434 | 190,514 | 562,104 | 487,643 | ||||||||
General and administrative | 55,050 | 48,185 | 159,572 | 144,635 | ||||||||
Property and other taxes | 14,583 | 19,390 | 39,961 | 60,494 | ||||||||
Depreciation and amortization | 147,363 | 156,837 | 435,481 | 430,455 | ||||||||
Long-lived asset and other impairments | [2] | 245 | 4 | 52,880 | 94 | |||||||
Total operating expenses | [3] | 449,265 | 521,763 | 1,373,793 | 1,451,558 | |||||||
Gain (loss) on divestiture and other, net | (1,480) | (104) | (3,668) | (884) | ||||||||
Operating income (loss) | 360,762 | 357,018 | 987,646 | 1,159,230 | ||||||||
Interest expense | (82,754) | (83,106) | (250,606) | (249,333) | ||||||||
Gain (loss) on early extinguishment of debt | 8,565 | 0 | 15,378 | 91 | ||||||||
Other income (expense), net | (1,270) | 56 | 2,817 | 117 | ||||||||
Income (loss) before income taxes | 285,303 | 273,968 | 755,235 | 910,105 | ||||||||
Income tax expense (benefit) | 905 | 387 | 2,980 | 3,683 | ||||||||
Net income (loss) | 284,398 | 273,581 | 752,255 | 906,422 | ||||||||
Net income (loss) attributable to noncontrolling interests | 7,102 | 7,836 | 18,393 | 25,643 | ||||||||
Net income (loss) attributable to Western Midstream Partners, LP | 277,296 | 265,745 | 733,862 | 880,779 | ||||||||
Limited partners' interest in net income (loss): | ||||||||||||
Net income (loss) attributable to Western Midstream Partners, LP | 277,296 | 265,745 | 733,862 | 880,779 | ||||||||
General partner interest in net (income) loss | (6,453) | (6,244) | (16,960) | (19,794) | ||||||||
Limited partners' interest in net income (loss) | [4] | $ 270,843 | $ 259,501 | $ 716,902 | $ 860,985 | |||||||
Net income (loss) per common unit - basic | [4] | $ 0.71 | $ 0.67 | $ 1.87 | $ 2.16 | |||||||
Net income (loss) per common unit - diluted | [4] | $ 0.70 | $ 0.66 | $ 1.86 | $ 2.15 | |||||||
Weighted-average common units outstanding - basic | [4] | 383,561 | 388,906 | 384,211 | 398,343 | |||||||
Weighted-average common units outstanding - diluted | [4] | 384,772 | 390,318 | 385,344 | 399,545 | |||||||
Service Revenues - Fee Based [Member] | ||||||||||||
Revenues and other | ||||||||||||
Revenues and other | $ 695,547 | $ 666,555 | $ 2,004,920 | $ 1,954,105 | ||||||||
Service Revenues - Product Based [Member] | ||||||||||||
Revenues and other | ||||||||||||
Revenues and other | 48,446 | 91,356 | 142,212 | 202,721 | ||||||||
Product Sales [Member] | ||||||||||||
Revenues and other | ||||||||||||
Revenues and other | 31,652 | 79,430 | 100,336 | 314,755 | ||||||||
Other [Member] | ||||||||||||
Revenues and other | ||||||||||||
Revenues and other | $ 368 | $ 227 | $ 800 | $ 703 | ||||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | ||||||
---|---|---|---|---|---|---|---|---|
Current assets | ||||||||
Cash and cash equivalents | $ 489,494 | $ 286,656 | ||||||
Accounts receivable, net | 614,836 | 554,263 | ||||||
Other current assets | 31,476 | 59,506 | ||||||
Total current assets | 1,135,806 | 900,425 | ||||||
Property, plant, and equipment | ||||||||
Cost | 13,809,080 | 13,365,593 | ||||||
Less accumulated depreciation | 5,144,678 | 4,823,993 | ||||||
Net property, plant, and equipment | 8,664,402 | 8,541,600 | ||||||
Goodwill | 4,783 | 4,783 | ||||||
Other intangible assets | 689,324 | 713,075 | ||||||
Equity investments | 915,076 | 944,696 | ||||||
Other assets | [1] | 217,163 | 167,049 | |||||
Total assets | [2] | 11,626,554 | 11,271,628 | |||||
Current liabilities | ||||||||
Accounts and imbalance payables | 393,358 | 360,562 | ||||||
Short-term debt | 2,268 | 215,780 | ||||||
Accrued ad valorem taxes | 50,291 | 72,875 | ||||||
Accrued liabilities | 189,983 | 254,640 | ||||||
Total current liabilities | 635,900 | 903,857 | ||||||
Long-term liabilities | ||||||||
Long-term debt | 7,260,051 | 6,569,582 | ||||||
Deferred income taxes | 15,378 | 14,424 | ||||||
Asset retirement obligations | 307,945 | 290,021 | ||||||
Other liabilities | 452,188 | 385,629 | ||||||
Total long-term liabilities | 8,035,562 | 7,259,656 | ||||||
Total liabilities | [3] | 8,671,462 | 8,163,513 | |||||
Equity and partners' capital | ||||||||
Common units (379,516,369 and 384,070,984 units issued and outstanding at September 30, 2023, and December 31, 2022, respectively) | 2,821,958 | 2,969,604 | ||||||
General partner units (9,060,641 units issued and outstanding at September 30, 2023, and December 31, 2022) | 1,678 | 2,105 | ||||||
Total partners' capital | 2,823,636 | 2,971,709 | ||||||
Noncontrolling interests | 131,456 | 136,406 | ||||||
Total equity and partners' capital | 2,955,092 | 3,108,115 | ||||||
Total liabilities, equity, and partners' capital | $ 11,626,554 | $ 11,271,628 | ||||||
Common units issued | 379,516,369 | 384,070,984 | ||||||
Common units outstanding | 379,516,369 | 384,070,984 | ||||||
General partner units issued | 9,060,641 | 9,060,641 | ||||||
General partner units outstanding | 9,060,641 | 9,060,641 | ||||||
|
 CEO | Mr. Michael P. Ure |
---|---|
 WEBSITE | www.westernmidstream.com |
 EMPLOYEES | 2022 |