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Western Midstream Partners WES Product Sales — Total revenues and other

Other product segments

Service Revenues - Fee Based
$933.3M+13.4%
Service Revenues - Product Based
$88.77M+49.8%

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Other financials

Income statement

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Revenue$1.1B+22.5%
Gross profit$1.0B+16.6%
Operating income$469.2M+14.5%
Net income$350.3M+13.4%
EPS (diluted)$0.85+7.6%

Balance sheet

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Cash & equivalents$647.5M+44.4%
Total debt$8.7B+18.7%
Total assets$14.9B+19.8%

Cash flow

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Operating cash flow$469.9M-11.5%
CapEx$235.7M+65.5%
Free cash flow$234.2M-39.7%

Valuation

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Market cap$19.31B+23.8%
Enterprise value$27.37B+21.8%
P/E15.8×+3.5×
P/S4.8×+0.5×

Profitability

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Gross margin93.4%-2.0pp
Operating margin41%-5.8pp
Net margin30.2%-5.9pp
FCF margin33.1%-7.8pp

Returns & leverage

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Current ratio1.1×-0.1×

Where this comes from

Reported directly by Western Midstream Partners in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Western Midstream Partners’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Midstream Partners's product sales — total revenues and other?
Western Midstream Partners (WES) reported product sales — total revenues and other of $99.62M in Q1 2026.
How has Western Midstream Partners's product sales — total revenues and other changed year-over-year?
Western Midstream Partners's product sales — total revenues and other increased by 189.0% year-over-year, from $34.47M to $99.62M.
What is the long-term trend for Western Midstream Partners's product sales — total revenues and other?
Over 4 years (2021 to 2025), Western Midstream Partners's product sales — total revenues and other has grown at a -9.6% compound annual growth rate (CAGR), from $290.95M to $194.68M.
What does product sales — total revenues and other mean?
This metric represents the total gross revenue generated from the sale of natural gas, natural gas liquids, and condensate products processed or gathered by the midstream assets. It reflects the commercial performance of the company's commodity-based business segment, distinct from fee-based gathering and processing services. Fluctuations in this figure are primarily driven by changes in commodity market prices and the physical volumes of products sold.