Detail akcie West Midstream Ptr online

Business Summary: Western Midstream Partners, LP acquires, owns, develops and operates midstream assets. The Company is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas, gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil, and gathering and disposing of produced water. The Company’s midstream assets are located in Texas, New Mexico, Colorado, Utah and Wyoming. In addition, in its capacity as a processor of natural gas, the Company also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain contracts. The Company’s subsidiaries include Western Midstream Operating GP, LLC, Western Midstream Services, LLC, Western Midstream Services Holdings, LLC and Western Midstream Operating, LP.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Western Midstream Partners LP revenues decreased 4% to $3.11B. Net income applicable to common stockholders decreased 16% to $998.5M. Revenues reflect Product sales decrease of 64% to $145M, Service revenues - product based decrease of 23% to $191.7M. Net income also reflects Gain (loss) on divestiture and other increase from $103.7M (income) to $10.1M (expense).