Western Midstream: Q2 Earnings Snapshot

THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Western Midstream Partners, LP (WES) on Wednesday reported second-quarter profit of $394.9 million.

On a per-share basis, the The Woodlands, Texas-based company said it had net income of 99 cents.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.

The oil and gas transportation and storage company posted revenue of $1.22 billion in the period.

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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