Western Midstream Partners, LP (WES) Interest Expenses (2012 - 2018)
Western Midstream Partners (WES) recorded Interest Expenses of $52.68 million in Q4 2018, up 45.7% from $36.17 million a year earlier and up 9.0% from the prior quarter.
Western Midstream Partners, LP (WES) Interest Expenses (2012 - 2018) Analysis & Trends
For FY2018, Western Midstream Partners reported Interest Expenses of $186.04 million, up 28.6% from FY2017.
- Annual Interest Expenses has increased for seven straight years, with a five-year compound annual growth rate of 29.1% (FY2013 to FY2018).
- Across earlier years, Interest Expenses came in at $144.62 million in FY2017 (+24.0%), $116.63 million in FY2016 (+2.4%), $113.87 million in FY2015 (+48.3%) and $76.77 million in FY2014 (+48.2%).
- The Q4 2018 figure is the highest quarterly Interest Expenses in data going back to Q1 2012.
- On a year-over-year basis, Interest Expenses has increased for four consecutive quarters, with growth averaging 37.9% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 170.3% in Q2 2017, against a decline of 51.4% in Q2 2016 at the low end.
- Per Business Quant, the preceding three quarters came in at $48.32 million (Q3 2018), $44.7 million (Q2 2018) and $40.35 million (Q1 2018).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 52.68 Mn |
| Sep 30, 2018 | 48.32 Mn |
| Jun 30, 2018 | 44.70 Mn |
| Mar 31, 2018 | 40.35 Mn |
| Dec 31, 2017 | 36.17 Mn |
| Sep 30, 2017 | 36.12 Mn |
| Jun 30, 2017 | 36.30 Mn |
| Mar 31, 2017 | 36.03 Mn |
| Dec 31, 2016 | 39.76 Mn |
| Sep 30, 2016 | 31.30 Mn |
| Jun 30, 2016 | 13.43 Mn |
| Mar 31, 2016 | 32.14 Mn |
| Dec 31, 2015 | 31.54 Mn |
| Sep 30, 2015 | 31.77 Mn |
| Jun 30, 2015 | 27.60 Mn |
| Mar 31, 2015 | 22.96 Mn |
| Dec 31, 2014 | 21.07 Mn |
| Sep 30, 2014 | 20.88 Mn |
| Jun 30, 2014 | 20.86 Mn |
| Mar 31, 2014 | 13.96 Mn |
Western Midstream Partners, LP Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "WES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();