Western Midstream Partners reported revenue of $557.79M and net income of $108.78M for the quarter ended Dec 2018, down 11.7% year over year. This income statement covers 28 quarters of results from Mar 2012 through Dec 2018, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2012 | Jun2012 | Sep2012 | Dec2012 | Mar2013 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||
| Revenue | 301.25M | 357.38M | 357.52M | 517.23M | 437.01M | 465.99M | 432.51M | 416.56M | 383.14M | 428.66M | 481.64M | 510.82M | 516.19M | 525.45M | 574.70M | 632.02M | 437.17M | 435.95M | 507.76M | 557.79M | ||||||||
| Cost of RevenueCost of Rev | 95.39M | 122.32M | 113.22M | 127.45M | 139.41M | 147.22M | 127.70M | 114.04M | 76.47M | 104.85M | 145.64M | 167.24M | 189.36M | 203.28M | 239.22M | 276.83M | 77.80M | 68.15M | 105.97M | 128.40M | ||||||||
| Gross Profit | 205.86M | 235.06M | 244.30M | 389.77M | 297.60M | 318.78M | 304.81M | 302.52M | 306.67M | 323.81M | 336.00M | 343.58M | 326.83M | 322.17M | 335.47M | 355.18M | 359.37M | 367.80M | 401.80M | 429.39M | ||||||||
| Operating items | ||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 9.88M | 9.20M | 9.12M | 13.58M | 11.92M | 10.18M | 10.88M | 11.45M | 12.52M | 11.89M | 12.11M | 12.73M | 13.48M | 11.20M | 12.92M | 13.07M | 14.96M | 14.73M | 15.16M | 18.88M | ||||||||
| Other Operating ExpensesOther Opex | 195.80M | 240.38M | 566.47M | 2.60M | 13.67M | 5.77M | 24.11M | |||||||||||||||||||||
| Operating ExpensesOpex | 205.68M | 249.58M | 243.89M | 340.57M | 578.39M | 315.02M | 306.07M | 526.69M | 247.16M | 273.71M | 312.82M | 346.39M | 523.33M | 379.75M | 417.59M | 470.74M | 270.41M | 401.30M | 351.31M | 444.63M | ||||||||
| Operating IncomeOp. Inc | 104.82M | 120.81M | 132.69M | 193.16M | -123.17M | 169.91M | 225.68M | -118.24M | 152.16M | 175.34M | 196.56M | 180.47M | 137.57M | 207.00M | 178.69M | 181.14M | 187.29M | 74.04M | 199.63M | 164.40M | ||||||||
| EBIT | 104.82M | 120.81M | 132.69M | 193.16M | -123.17M | 169.91M | 225.68M | -118.24M | 152.16M | 175.34M | 196.56M | 180.47M | 137.57M | 207.00M | 178.69M | 181.14M | 187.29M | 74.04M | 199.63M | 164.40M | ||||||||
| Non-operating items | ||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 13.96M | 20.86M | 20.88M | 21.07M | 22.96M | 27.60M | 31.77M | 31.54M | 32.14M | 13.43M | 31.30M | 39.76M | 36.03M | 36.30M | 36.12M | 36.17M | 40.35M | 44.70M | 48.32M | 52.68M | ||||||||
| Interest & Investment IncomeInt & Inv Inc | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | ||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.50M | 0.23M | 0.12M | 0.09M | 0.08M | 0.08M | 0.10M | -0.83M | 0.14M | -0.04M | 0.17M | 0.28M | 0.45M | 0.27M | 0.31M | 0.35M | 0.82M | 1.28M | 0.66M | -7.51M | ||||||||
| Net income details | ||||||||||||||||||||||||||||
| EBT | 95.58M | 104.40M | 116.16M | 176.41M | -141.82M | 146.61M | 198.23M | -146.38M | 124.39M | 166.10M | 169.65M | 145.21M | 106.21M | 175.20M | 147.11M | 149.55M | 151.99M | 34.84M | 156.19M | 108.43M | ||||||||
| Tax ProvisionsTaxes | 1.78M | 2.52M | 3.89M | 30.86M | 12.27M | 12.25M | 12.64M | 8.37M | 6.63M | 0.33M | 0.47M | 0.94M | 3.55M | 0.84M | 0.51M | -0.04M | 1.50M | 0.28M | 1.52M | -0.35M | ||||||||
| Profit After TaxPAT | 93.80M | 101.88M | 112.27M | 145.55M | -154.09M | 134.37M | 185.58M | -14.99M | 117.76M | 165.78M | 169.18M | 144.27M | 102.66M | 174.35M | 146.60M | 149.59M | 150.49M | 67.58M | 154.68M | 108.78M | ||||||||
| Equity Income | 9.25M | 13.01M | 19.06M | 16.51M | 18.22M | 18.94M | 21.98M | 12.11M | 16.81M | 19.69M | 20.29M | 21.92M | 19.46M | 21.73M | 21.52M | 22.49M | 20.42M | 39.22M | 43.11M | 50.27M | ||||||||
| Income from Non-Controlling InterestsInc. Minority | 40.63M | 42.49M | 45.83M | 36.51M | -137.72M | 46.72M | 76.36M | -139.77M | 35.94M | 76.91M | 77.78M | 60.57M | 26.72M | 69.41M | 50.40M | 50.07M | 49.48M | -33.02M | 47.20M | 15.41M | ||||||||
| Income from Continuing OperationsIncome (Continuing) | 93.80M | 101.88M | 112.27M | 145.55M | -154.09M | 134.37M | 185.58M | -154.76M | 117.76M | 165.78M | 169.18M | 144.27M | 102.66M | 174.35M | 146.60M | 149.59M | 150.49M | 34.56M | 154.68M | 108.78M | ||||||||
| Consolidated Net IncomeConsol Net Inc. | 93.80M | 101.88M | 112.27M | 145.55M | -154.09M | 134.37M | 185.58M | -154.76M | 117.76M | 165.78M | 169.18M | 144.27M | 102.66M | 174.35M | 146.60M | 149.59M | 150.49M | 34.56M | 154.68M | 108.78M | ||||||||
| Income towards Parent CompanyParent Net Inc | 93.80M | 101.88M | 112.27M | 145.55M | -154.09M | 134.37M | 185.58M | -154.76M | 117.76M | 165.78M | 169.18M | 144.27M | 102.66M | 174.35M | 146.60M | 149.59M | 150.49M | 34.56M | 154.68M | 108.78M | ||||||||
| Preferred Dividend PaymentsPref Dividends | 2.67M | 4.13M | 6.48M | 51.87M | 25.04M | 18.72M | 19.85M | 15.78M | 11.33M | |||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 50.50M | 55.25M | 59.95M | 57.16M | -41.41M | 68.93M | 89.37M | -30.77M | 70.49M | 88.86M | 91.40M | 83.70M | 75.94M | 104.94M | 96.20M | 99.52M | 150.49M | 34.56M | 154.68M | 108.78M | ||||||||
| Additional items | ||||||||||||||||||||||||||||
| EPS (Basic) | 0.23 | 0.25 | 0.27 | 0.26 | -0.19 | 0.31 | 0.41 | -0.14 | 0.32 | 0.41 | 0.42 | 0.38 | 0.35 | 0.48 | 0.44 | 0.45 | 0.69 | 0.16 | 0.71 | 0.50 | ||||||||
| Shares Outstanding | 218.90M | 218.90M | 218.90M | 218.91M | 218.91M | 218.91M | 218.91M | 218.91M | 218.92M | 218.92M | 218.92M | 218.92M | 218.93M | 218.93M | 218.93M | 218.93M | 218.93M | 218.93M | 218.94M | 218.94M | ||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 218.90M | 218.90M | 218.90M | 218.91M | 218.91M | 218.91M | 218.91M | 218.92M | 218.92M | 218.92M | 218.92M | 218.93M | 218.93M | 218.93M | 218.93M | 218.93M | 218.93M | 218.94M | 218.94M | 218.94M | ||||||||
| EBITDA | 104.82M | 120.81M | 132.69M | 193.16M | -123.17M | 169.91M | 225.68M | -118.24M | 152.16M | 175.34M | 196.56M | 180.47M | 137.57M | 207.00M | 178.69M | 181.14M | 187.29M | 74.04M | 199.63M | 164.40M | ||||||||
| Interest ExpensesInt Expense | 13.96M | 20.86M | 20.88M | 21.07M | 22.96M | 27.60M | 31.77M | 31.54M | 32.14M | 13.43M | 31.30M | 39.76M | 36.03M | 36.30M | 36.12M | 36.17M | 40.35M | 44.70M | 48.32M | 52.68M | ||||||||
| Tax Rate | 1.87% | 2.42% | 3.35% | 17.49% | -8.65% | 8.35% | 6.38% | -5.72% | 5.33% | 0.20% | 0.28% | 0.65% | 3.34% | 0.48% | 0.35% | -0.03% | 0.99% | 0.81% | 0.97% | -0.33% |