Western Midstream: Q4 Earnings Snapshot

THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Western Midstream Partners, LP (WES) on Wednesday reported fourth-quarter net income of $288.4 million.

The The Woodlands, Texas-based company said it had profit of 74 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The oil and gas transportation and storage company posted revenue of $858.2 million in the period.

For the year, the company reported profit of $1.02 billion, or $2.60 per share. Revenue was reported as $3.11 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WES at https://www.zacks.com/ap/WES