Western Gas Revenue, Profits - WGP Quarterly Income Statement

Add to My Stocks
$33.38 $0.95 (2.77%) WGP stock closing price Mar 22, 2018 (Closing)

Fundamental analysis of WGP stock involves analyzing its financial statements, apart from checking the Western Gas stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the WGP income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 9.37% when compared to the same period in the past. The Western Gas profit and loss statement for 2017 Q3 shows a net profit of $96.2M. Profits for last year was $104.94M. Apart from this an investor should also check Western Gas assets and Western Gas free cash flow.

View and download details of revenue and profits for Western Gas for latest & last 40 quarters.
show more
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Western Gas Revenues or Net Sales
Cost Of Goods Sold (COGS)318.75M279.42M263.11M249.11M220.39M180.02M152.68M219.67M208.35M
Western Gas Gross Profit
Research & Development Expense---------
Selling General & Admin Expense4.7M-35M45.79M7.95M-2.55M5.99M13.2M246.61M-80.8M
Income Before Depreciation Depletion Amortization251.23M281.02M207.27M253.76M263.8M242.64M217.26M-85.76M257.55M
Depreciation Depletion Amortization72.53M74.03M69.7M73.3M67.24M67.3M65.09M42.23M65.68M
Non Operating Income4.53M4.49M4.67M4.51M4.39M4.18M4.36M3.4M4.32M
Interest Expense36.11M36.29M36.03M39.77M31.3M13.42M32.13M31.54M31.77M
Western Gas Pretax Income
Provision for Income Taxes--3.55M---6.63M-0.93M1.66M
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations96.2M104.94M75.94M83.7M91.4M88.86M81.82M-30.77M88.28M
Extraordinary Items & Discontinued Operations---------
Western Gas Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS218.93M218.93M218.93M218.93M218.92M218.92M218.92M218.92M218.91M
Average Shares used to compute Basic EPS218.93M218.93M218.93M218.93M218.92M218.92M218.92M218.92M218.91M
Income Before Nonrecurring Items96.2M104.94M75.94M86.44M91.4M88.86M81.82M-30.77M88.28M
Income from Nonrecurring Items----2.74M-----
Western Gas Earnings Per Share Basic Net
Western Gas Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.440.480.350.390.420.410.32-0.140.40
Preferred Dividends Acc Pd---------
Dividends Common115.49--------
Dividend Per Share Common0.530.490.460.450.430.420.400.380.36
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

It is very helpful to read a report on Western Gas stock analysis. An investor must check the following items in an income statement:

  • Topline: A growing topline, as seen from the Western Gas revenue chart, as is the case with Western Gas indicates a growing business. One needs to compare the QoQ topline or sales growth of WGP stock with its peers like TRGP stock and PSXP stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $96.2M for Western Gas for 2017 Q3. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the WGP income statement, one can check the Western Gas historical stock prices to check how the price has moved with time.

Western Gas Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
PS Ratio (price sales ratio)
Operating Margin
Net Profit Margin
Dividend Yield