WES (Western Midstream Partners LP) Tax Rate % : 0.13% (As of Dec. 2024)

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What is Western Midstream Partners LP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Western Midstream Partners LP's Tax Expense for the three months ended in Dec. 2024 was $0 Mil. Western Midstream Partners LP's Pre-Tax Income for the three months ended in Dec. 2024 was $342 Mil. Therefore, Western Midstream Partners LP's Tax Rate % for the quarter that ended in Dec. 2024 was 0.13%.

Western Midstream Partners LP Tax Rate % Historical Data

The historical data trend for Western Midstream Partners LP's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Western Midstream Partners LP Tax Rate % Chart

Western Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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1.15

-1.05

0.33

0.42

1.11

Western Midstream Partners LP Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															0.47	0.26	0.19	4.94	0.13

Western Midstream Partners LP Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Western Midstream Partners LP's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	18.111	/	1629.363
	=	1.11 %

Western Midstream Partners LP's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.444	/	342.024
	=	0.13 %

Western Midstream Partners LP Tax Rate % Related Terms

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Western Midstream Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Western Midstream Partners LP (NYSE:WES) » Definitions » Tax Rate %

Comparable Companies

PAA DTM AM VNOM HESM PAGP GLNG FRO KNTK STNG TSX:ENB EPD WMB ET OKE KMI MPLX LNG TSX:TRP TRGP

Traded in Other Exchanges

N/A

Address

9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380

Website

http://www.westernmidstream.com

Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

Executives

Occidental Petroleum Corp /de/	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Robert W. Bourne	officer: SVP & Chief Commercial Officer	1400 16TH STREET, SUITE 310, DENVER CO 80202
Lisa A Stewart	director	EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Michael Ure	director, officer: President & CEO	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Oscar B. Brown	director	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
David J Schulte	director	233 WEST 47TH ST., KANSAS CITY MO 64112
Kenneth F. Owen	director	15631 JACINTOPORT BLVD., HOUSTON TX 77015
Kerr Mcgee Corp /de	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Alejandro O Nebreda	officer: SVP, Business Services	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Michael S. Forsyth	officer: SVP, North Operations	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman	officer: SVP Co-Chief Operating Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Kristen S. Shults	officer: SVP & Chief Financial Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber	director	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046