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Western Midstream Partners, LP $9.11$.283.17%

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Income Statement for Western Midstream Partners, LP
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $2,746.17 $1,990.28 $2,248.36
Cost of Goods Sold $1,085.47 $846.71 $1,224.69
Gross Profit $1,660.71 $1,143.57 $1,023.67
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense ($53.89) $180.67 $28.40
Income Before Depreciation $1,714.60 $962.90 $995.27
       
Depreciation, Depletion, Amortization $483.26 $337.54 $290.87
Non-Operating Income ($106.89) $12.14 $18.28
Interest Expense $303.29 $186.04 $144.62
Pretax Income $821.17 $451.46 $578.07
       
Provision for Income Taxes $13.47 $2.95 $4.87
Minority Interest $110.46 $79.08 $196.60
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $807.70 $448.51 $573.20
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $697.24 $369.43 $376.61
       
Basic Earnings Per Share $1.59 $1.69 $1.72
Diluted Earnings Per Share $1.59 $1.69 $1.72
       
Weighted Average Basic Shares Outstanding 415.79 218.94 218.93
Weighted Average Diluted Shares Outstanding 415.79 218.94 218.93
       
Income Before Non-Recurring Items $697.24 $549.82 $376.61
Income From Non-Recurring Items $0.00 ($180.39) $0.00
Diluted Earnings Per Share before extras $1.59 $2.51 $1.72
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $1,110.16 $502.46 $441.98
Dividend Per Share (common) $2.45 $2.30 $2.02




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