Western Midstream Partners, LP (WES) Change in Accured Expenses (2012 - 2018)

Western Midstream Partners (WES) has reported Change in Accured Expenses for 7 consecutive years, with -$23.6 million the latest figure, recorded in Q4 2018.

• In Q4 2018, Change in Accured Expenses fell 113.44% year-over-year to -$23.6 million; the TTM figure through Dec 2018 stood at $31.9 million (up 561.09% YoY), while the FY2018 annual figure was $31.9 million, up 561.09% from the prior year.
• Change in Accured Expenses eased to -$23.6 million in Q4 2018 per WES's latest filing, from $15.0 million in the prior quarter.
• Across five years, Change in Accured Expenses topped out at $46.0 million in Q3 2017 and bottomed at -$70.9 million in Q4 2014.
• Historically, Change in Accured Expenses has averaged $2.4 million across 5 years, with a median of $7.5 million in 2014.
• Annual changes were most pronounced in 2014 — Change in Accured Expenses jumped 1348.82% — and 2015, when it sank 788.24%.
• Western Midstream Partners' Change in Accured Expenses stood at -$70.9 million in 2014, then soared by 76.32% to -$16.8 million in 2015, then jumped by 303.37% to $34.1 million in 2016, then slumped by 132.36% to -$11.0 million in 2017, then tumbled by 113.44% to -$23.6 million in 2018.
• Business Quant data shows WES's Change in Accured Expenses at -$23.6 million in Q4 2018, $15.0 million in Q3 2018, and $13.2 million in Q2 2018.