v3.25.2
Consolidated Balance Sheets - WES Operating - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 129,732 $ 1,090,464
Accounts receivable, net 704,629 701,838
Other current assets 70,646 54,888
Total current assets 905,007 1,847,190
Property, plant, and equipment    
Cost 15,846,749 15,509,910
Less accumulated depreciation 6,106,545 5,795,301
Net property, plant, and equipment 9,740,204 9,714,609
Goodwill 4,783 4,783
Other intangible assets 633,907 649,740
Equity investments 523,532 541,435
Other assets 352,096 387,028
Total assets [1] 12,159,529 13,144,785
Current liabilities    
Accounts and imbalance payables 357,037 312,945
Short-term debt 13,233 1,011,032
Accrued ad valorem taxes 35,419 38,319
Accrued liabilities 289,110 329,398
Total current liabilities 694,799 1,691,694
Long-term liabilities    
Long-term debt 6,924,108 6,926,647
Deferred income taxes 31,691 29,679
Asset retirement obligations 385,224 370,195
Other liabilities 790,270 751,400
Total long-term liabilities 8,131,293 8,077,921
Total liabilities [2] 8,826,092 9,769,615
Equity and partners' capital    
Common units (318,675,578 units issued and outstanding at June 30, 2025, and December 31, 2024) 3,179,232 3,224,802
Total partners' capital 3,188,962 3,235,605
Noncontrolling interest 144,475 139,565
Total equity and partners' capital 3,333,437 3,375,170
Total liabilities, equity, and partners' capital $ 12,159,529 $ 13,144,785
Common units issued 381,328,604 380,556,643
Common units outstanding 381,328,604 380,556,643
WES Operating [Member]    
Current assets    
Cash and cash equivalents $ 123,647 $ 1,084,446
Accounts receivable, net 730,576 701,814
Other current assets 66,823 53,775
Total current assets 921,046 1,840,035
Property, plant, and equipment    
Cost 15,846,749 15,509,910
Less accumulated depreciation 6,106,545 5,795,301
Net property, plant, and equipment 9,740,204 9,714,609
Goodwill 4,783 4,783
Other intangible assets 633,907 649,740
Equity investments 523,532 541,435
Other assets 349,123 383,808
Total assets [3] 12,172,595 13,134,410
Current liabilities    
Accounts and imbalance payables 356,901 339,108
Short-term debt 13,233 1,011,032
Accrued ad valorem taxes 35,419 38,319
Accrued liabilities 235,753 248,589
Total current liabilities 641,306 1,637,048
Long-term liabilities    
Long-term debt 6,924,108 6,926,647
Deferred income taxes 31,691 29,679
Asset retirement obligations 385,224 370,195
Other liabilities 786,247 744,715
Total long-term liabilities 8,127,270 8,071,236
Total liabilities [4] 8,768,576 9,708,284
Equity and partners' capital    
Common units (318,675,578 units issued and outstanding at June 30, 2025, and December 31, 2024) 3,371,699 3,399,650
Total partners' capital 3,371,699 3,399,650
Noncontrolling interest 32,320 26,476
Total equity and partners' capital 3,404,019 3,426,126
Total liabilities, equity, and partners' capital $ 12,172,595 $ 13,134,410
Common units issued 318,675,578 318,675,578
Common units outstanding 318,675,578 318,675,578
[1] Total assets includes related-party amounts of $981.6 million and $991.1 million as of June 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts receivable, net of $412.5 million and $401.3 million as of June 30, 2025, and December 31, 2024, respectively. See Note 6.
[2] Total liabilities includes related-party amounts of $607.9 million and $529.7 million as of June 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts and imbalance payable of $37.0 million and $20.6 million as of June 30, 2025, and December 31, 2024, respectively. See Note 6.
[3] Total assets includes related-party amounts of $1.0 billion and $987.4 million as of June 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts receivable, net of $438.4 million and $401.3 million as of June 30, 2025, and December 31, 2024, respectively. See Note 6.
[4] Total liabilities includes related-party amounts of $607.9 million and $555.9 million as of June 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts and imbalance payable of $37.0 million and $46.8 million as of June 30, 2025, and December 31, 2024, respectively. See Note 6.