Western Midstream Operating, LP
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
WES$41.14+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity and Partners’ Capital
| thousands | CommonUnits | Preferred Units | NoncontrollingInterest | Total |
|---|---|---|---|---|
| Balance at December 31, 2025 | $3,347,576 | $868,978 | $34,518 | $4,251,072 |
| Net income (loss) | 345,787 | 14,946 | 1,929 | 362,662 |
| Distributions to Chipeta noncontrolling interest owner | — | — | (2,117) | (2,117) |
| Distributions to WES Operating unitholders | (370,965) | (14,946) | — | (385,911) |
| Contributions of equity-based compensation from WES | 10,668 | — | — | 10,668 |
| Distribution of receivable related to the WES unit redemption with Occidental (1) | (610,000) | — | — | (610,000) |
| Balance at March 31, 2026 | $2,723,066 | $868,978 | $34,330 | $3,626,374 |
| Net income (loss) | 398,939 | 14,945 | 3,918 | 417,802 |
| Acquisition-related issuance of units | 851,963 | — | — | 851,963 |
| Distributions to Chipeta noncontrolling interest owner | — | — | (1,881) | (1,881) |
| Distributions to WES Operating unitholders | (363,738) | (14,945) | — | (378,683) |
| Contributions of equity-based compensation from WES | 13,307 | — | — | 13,307 |
| Balance at June 30, 2026 | $3,623,537 | $868,978 | $36,367 | $4,528,882 |
| thousands | CommonUnits | NoncontrollingInterest | Total |
|---|---|---|---|
| Balance at December 31, 2024 | $3,399,650 | $26,476 | $3,426,126 |
| Net income (loss) | 315,076 | 1,242 | 316,318 |
| Distributions to WES Operating unitholders | (347,356) | — | (347,356) |
| Contributions of equity-based compensation from WES | 8,144 | — | 8,144 |
| Balance at March 31, 2025 | $3,375,514 | $27,718 | $3,403,232 |
| Net income (loss) | 348,912 | 2,102 | 351,014 |
| Distributions to WES Operating unitholders | (363,290) | — | (363,290) |
| Contributions of equity-based compensation from WES | 10,563 | — | 10,563 |
| Other | — | 2,500 | 2,500 |
| Balance at June 30, 2025 | $3,371,699 | $32,320 | $3,404,019 |
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