THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Western Midstream Partners, LP (WES) on Wednesday reported fourth-quarter earnings of $336.3 million.
On a per-share basis, the The Woodlands, Texas-based company said it had net income of 85 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The oil and gas transportation and storage company posted revenue of $779.4 million in the period.
For the year, the company reported profit of $1.22 billion, or $3 per share. Revenue was reported as $3.25 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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
