Discontinued — last reported Q4 '23

Products & Services · Revenue from other than customers, lease revenue

Lease Revenue — Revenue from other than customers, lease revenue

Over 2 years (FY 2021 to FY 2023), Lease Revenue — Revenue from other than customers, lease revenue shows a downward trend with a -100.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2023Feb 21, 2024

How to read this metric

An increase suggests successful monetization of underutilized infrastructure or a strategic shift toward asset-leasing business models. A decrease indicates a reduction in leased asset capacity or a transition toward integrated service-based revenue models.

Detailed definition

This metric represents revenue generated from leasing midstream infrastructure assets to third parties or internal entit...

Peer comparison

Peers in the midstream sector often report this under 'Other Revenue' or 'Lease Income,' though many focus primarily on fee-based throughput contracts, making this a niche revenue stream for asset-heavy operators.

Metric ID: wes_segment_lease_revenue_revenue_from_other_than_customers_lease_revenue

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$46.38M$44.52M$45.50M$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
QoQ Change-4.0%+2.2%-100.0%
YoY Change-100.0%-100.0%-100.0%
Range$0.00$46.38M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Western Midstream Partners's lease revenue — revenue from other than customers, lease revenue?
Western Midstream Partners (WES) reported lease revenue — revenue from other than customers, lease revenue of $0.00 in Q4 2023.
What is the long-term trend for Western Midstream Partners's lease revenue — revenue from other than customers, lease revenue?
Over 2 years (2021 to 2023), Western Midstream Partners's lease revenue — revenue from other than customers, lease revenue has grown at a -100.0% compound annual growth rate (CAGR), from $179.25M to $0.00.
What does lease revenue — revenue from other than customers, lease revenue mean?
Revenue earned from renting out midstream energy infrastructure assets rather than providing processing or transportation services.