Western Midstream Partners operates midstream energy infrastructure—gathering, processing, transportation and storage of natural gas, NGLs and crude oil—primarily in major U.S. basins including the Delaware and DJ. As a master limited partnership, it earns fee-based and commodity-sensitive cash flows from producers. Long-lived assets tied to prolific shale plays and a historical link to Occidental Petroleum production underpin its network.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 942.3 | — | 333.8 | 9.6% |
| Q3 2025 | 952.5 | — | 331.7 | 16.2% |
| Q4 2025 | 1,031.5 | — | 187.2 | -44.1% |
| Q1 2026 | 1,123.6 | — | 342.4 | 9.5% |
| Q2 2026 | 1,224.7 | 30% | 394.9 | 18.3% |
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