$WES
Western Midstream Partners, LP

2016 Q4 Form 10-Q Financial Statement

#000142390216000072 Filed on November 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $510.8M $481.6M $432.5M
YoY Change 22.61% 11.36% 20.98%
Cost Of Revenue $167.2M $145.6M $127.7M
YoY Change 46.67% 14.02% 12.81%
Gross Profit $343.6M $336.0M $304.8M
YoY Change 13.59% 10.24% 24.76%
Gross Profit Margin 67.27% 69.76% 70.47%
Selling, General & Admin $101.7M $97.50M $108.7M
YoY Change -4.15% -10.3% 30.34%
% of Gross Profit 29.6% 29.02% 35.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.30M $67.25M $67.37M
YoY Change 8.27% -0.18% 42.49%
% of Gross Profit 21.33% 20.01% 22.1%
Operating Expenses $175.0M $164.8M $176.0M
YoY Change 0.69% -6.36% 34.66%
Operating Profit $168.6M $196.6M $225.7M
YoY Change 31.0% -12.9% 70.08%
Interest Expense -$12.00M $31.30M $31.77M
YoY Change -12.41% -1.49% 52.18%
% of Operating Profit -7.12% 15.92% 14.08%
Other Income/Expense, Net -$1.400M $165.0K $96.00K
YoY Change -41.67% 71.88% -18.64%
Pretax Income $145.2M $169.6M $198.2M
YoY Change -199.18% -14.42% 70.65%
Income Tax $900.0K $472.0K $12.64M
% Of Pretax Income 0.62% 0.28% 6.38%
Net Earnings $83.70M $91.40M $109.2M
YoY Change -658.0% -16.32% 64.4%
Net Earnings / Revenue 16.39% 18.98% 25.25%
Basic Earnings Per Share
Diluted Earnings Per Share $382.4K $417.5K $498.9K
COMMON SHARES
Basic Shares Outstanding 218.9M shares 218.9M shares 218.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $359.0M $146.0M $75.00M
YoY Change 259.0% 94.67% -3.85%
Cash & Equivalents $359.1M $146.3M $74.84M
Short-Term Investments
Other Short-Term Assets $13.50M $9.344M $11.54M
YoY Change 57.74% -19.03% 66.88%
Inventory $7.000M $5.000M $6.000M
Prepaid Expenses
Receivables $192.6M $184.2M $150.4M
Other Receivables $34.00M $32.00M $1.000M
Total Short-Term Assets $595.6M $369.8M $236.8M
YoY Change 97.63% 56.14% 12.03%
LONG-TERM ASSETS
Property, Plant & Equipment $5.050B $5.031B $4.790B
YoY Change 3.93% 5.03% 27.14%
Goodwill $417.6M $419.2M $387.6M
YoY Change -0.38% 8.14% 268.0%
Intangibles $803.7M $810.8M $839.2M
YoY Change -3.42% -3.39% 1496.69%
Long-Term Investments $828.7M $599.3M $629.6M
YoY Change 33.9% -4.82% -1.5%
Other Assets $15.06M $14.78M $30.78M
YoY Change 15.82% -51.99% 6.46%
Total Long-Term Assets $7.141B $7.135B $6.937B
YoY Change 1.98% 2.85% 42.93%
TOTAL ASSETS
Total Short-Term Assets $595.6M $369.8M $236.8M
Total Long-Term Assets $7.141B $7.135B $6.937B
Total Assets $7.736B $7.505B $7.174B
YoY Change 5.93% 4.61% 41.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $247.0M $101.0M $58.00M
YoY Change 149.49% 74.14% 114.81%
Accrued Expenses $45.19M $122.4M $139.0M
YoY Change -62.06% -11.96% -9.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $315.4M $254.6M $223.0M
YoY Change 33.89% 14.16% 10.72%
LONG-TERM LIABILITIES
Long-Term Debt $3.119B $2.935B $2.587B
YoY Change 15.94% 13.46% 24.21%
Other Long-Term Liabilities $184.0M $156.0M $304.0M
YoY Change -41.96% -48.68% 253.49%
Total Long-Term Liabilities $3.310B $3.098B $2.898B
YoY Change 5.16% 6.9% 33.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $315.4M $254.6M $223.0M
Total Long-Term Liabilities $3.310B $3.098B $2.898B
Total Liabilities $3.625B $3.352B $3.121B
YoY Change 7.16% 7.42% 31.63%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.048B $1.071B $1.170B
YoY Change
Total Liabilities & Shareholders Equity $7.736B $7.505B $7.174B
YoY Change 5.93% 4.61% 41.64%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $83.70M $91.40M $109.2M
YoY Change -658.0% -16.32% 64.4%
Depreciation, Depletion And Amortization $73.30M $67.25M $67.37M
YoY Change 8.27% -0.18% 42.49%
Cash From Operating Activities $258.4M $262.9M $224.1M
YoY Change 37.81% 17.31% 39.45%
INVESTING ACTIVITIES
Capital Expenditures -$107.3M -$116.8M -$144.0M
YoY Change -18.84% -18.89% 3.82%
Acquisitions
YoY Change
Other Investing Activities $42.50M $28.90M $147.3M
YoY Change 8400.0% -80.38% -1558.42%
Cash From Investing Activities -$64.80M -$87.90M $3.200M
YoY Change -50.76% -2846.88% -102.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.20M -188.4M -241.7M
YoY Change -161.74% -22.05% 333.15%
NET CHANGE
Cash From Operating Activities 258.4M 262.9M 224.1M
Cash From Investing Activities -64.80M -87.90M 3.200M
Cash From Financing Activities 19.20M -188.4M -241.7M
Net Change In Cash 212.8M -13.40M -14.40M
YoY Change 758.06% -6.94% -67.2%
FREE CASH FLOW
Cash From Operating Activities $258.4M $262.9M $224.1M
Capital Expenditures -$107.3M -$116.8M -$144.0M
Free Cash Flow $365.7M $379.7M $368.1M
YoY Change 14.39% 3.15% 22.95%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001423902
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
218922303 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Western Gas Equity Partners, LP
dei Trading Symbol
TradingSymbol
WGP
CY2015Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
193113000 USD
CY2016Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
214058000 USD
CY2015Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
98661000 USD
CY2016Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
101101000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
143341000 USD
CY2016Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
184239000 USD
CY2015Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
17808000 USD
CY2016Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
31120000 USD
CY2015Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1136000 USD
CY2016Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1136000 USD
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
119096000 USD
CY2016Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
122364000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1697999000 USD
CY2016Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1882012000 USD
CY2015Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2335000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
276579000 USD
CY2016Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2392000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
11313000 USD
CY2015Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
3677000 USD
CY2016Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
2182000 USD
CY2015Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
128652000 USD
CY2016Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
139604000 USD
CY2015Q4 us-gaap Assets
Assets
7303344000 USD
CY2016Q3 us-gaap Assets
Assets
7504699000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
301364000 USD
CY2016Q3 us-gaap Assets Current
AssetsCurrent
369750000 USD
CY2015Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
188674000 USD
CY2016Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
16425000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67213000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74842000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99694000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
146348000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7629000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
46654000 USD
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
264500000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
306066000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1199476000 USD
CY2016Q3 us-gaap Costs And Expenses
CostsAndExpenses
312818000 USD
us-gaap Costs And Expenses
CostsAndExpenses
833686000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2720000000 USD
CY2016Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2968000000 USD
CY2015Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2690651000 USD
CY2016Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2935395000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9996000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2321000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
139704000 USD
CY2016Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
6360000 USD
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-135400000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67367000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
204896000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67246000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
199646000 USD
CY2015Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
74977000 USD
CY2015Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
79630000 USD
CY2015Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
83461000 USD
CY2015Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
88389000 USD
CY2016Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
92767000 USD
CY2016Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
94958000 USD
CY2016Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
97968000 USD
CY2015Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.34250
CY2015Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.36375
CY2015Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.38125
CY2015Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.40375
CY2016Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.42375
CY2016Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.43375
CY2016Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.44750
CY2015Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
2403000 USD
CY2016Q3 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
5086000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
60645000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
59671000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
618887000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
599286000 USD
CY2015Q3 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 USD
us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 USD
CY2016Q3 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
13667000 USD
us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
16270000 USD
CY2015Q4 us-gaap Gas Imbalance Asset Liability
GasImbalanceAssetLiability
2122000 USD
CY2016Q3 us-gaap Gas Imbalance Asset Liability
GasImbalanceAssetLiability
1514000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10884000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32983000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12112000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36514000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
419186000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
419186000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
198227000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
203015000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
169647000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
460142000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21976000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
59137000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
20294000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
56801000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12644000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37160000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
472000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7431000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-138000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
67000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17792000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24227000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18778000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41266000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1053000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
871000 USD
us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
-2435000 USD
us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
-1070000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
832127000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
810805000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
31773000 USD
us-gaap Interest Expense
InterestExpense
82339000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
31301000 USD
us-gaap Interest Expense
InterestExpense
76869000 USD
CY2015Q3 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
4225000 USD
us-gaap Interest Income Related Party
InterestIncomeRelatedParty
12675000 USD
CY2016Q3 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
4225000 USD
us-gaap Interest Income Related Party
InterestIncomeRelatedParty
12675000 USD
us-gaap Interest Paid Net
InterestPaidNet
60612000 USD
us-gaap Interest Paid Net
InterestPaidNet
83352000 USD
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
26194000 USD
CY2016Q3 us-gaap Interest Payable Current
InterestPayableCurrent
28536000 USD
us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
41000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
3383246000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
3352369000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7303344000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7504699000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
235565000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
254585000 USD
CY2015Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3147681000 USD
CY2016Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3097784000 USD
CY2015Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
1060842000 USD
CY2016Q3 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
1071185000 USD
CY2015Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
218919380 shares
CY2016Q3 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
218922303 shares
CY2015Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
218919380 shares
CY2016Q3 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
218922303 shares
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2690651000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2935395000 USD
CY2015Q3 us-gaap Natural Gas Midstream Costs
NaturalGasMidstreamCosts
127704000 USD
us-gaap Natural Gas Midstream Costs
NaturalGasMidstreamCosts
414328000 USD
CY2016Q3 us-gaap Natural Gas Midstream Costs
NaturalGasMidstreamCosts
145643000 USD
us-gaap Natural Gas Midstream Costs
NaturalGasMidstreamCosts
326959000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-219016000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
432646000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-368651000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1040692000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
595296000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
654700000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
109219000 USD
us-gaap Net Income Loss
NetIncomeLoss
180498000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
91397000 USD
us-gaap Net Income Loss
NetIncomeLoss
262076000 USD
CY2015Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
89371000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
116892000 USD
CY2016Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
91397000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
250750000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
76364000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14643000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
77778000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
190635000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2015Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
49772000 USD
CY2016Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
29819000 USD
CY2015Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
260000000 USD
CY2016Q3 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
260000000 USD
CY2015Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
88722000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
242744000 USD
CY2016Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
74755000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
226141000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
225679000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
272423000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
196558000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
524066000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8557000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
9344000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
1034000 USD
CY2016Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
0 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13001000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14778000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
96000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
256000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
165000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
270000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
12296000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-8820000 USD
CY2015Q4 us-gaap Other Partners Capital
OtherPartnersCapital
430598000 USD
CY2016Q3 us-gaap Other Partners Capital
OtherPartnersCapital
0 USD
CY2015Q4 us-gaap Partners Capital
PartnersCapital
1491440000 USD
CY2016Q3 us-gaap Partners Capital
PartnersCapital
1071185000 USD
us-gaap Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
-712500000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
276114000 USD
us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
686937000 USD
CY2015Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
2428658000 USD
CY2016Q3 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
3081145000 USD
CY2015Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
3920098000 USD
CY2016Q3 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
4152330000 USD
us-gaap Partners Capital Other
PartnersCapitalOther
888000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
505848000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
372725000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
223016000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
276114000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
9052000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
-139000 USD
CY2015Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2998000 USD
CY2016Q3 us-gaap Prepaid Insurance
PrepaidInsurance
2744000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
12409000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
16592000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
18398000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
769606000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1120580000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
185583000 USD
us-gaap Profit Loss
ProfitLoss
165855000 USD
wgp Contributions Of Equity Based Compensation From Parent
ContributionsOfEquityBasedCompensationFromParent
3026000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
169175000 USD
us-gaap Profit Loss
ProfitLoss
452711000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6556778000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6912906000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4858779000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5030894000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
611150000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
880000000 USD
CY2015Q3 us-gaap Revenues
Revenues
432515000 USD
us-gaap Revenues
Revenues
1335514000 USD
CY2016Q3 us-gaap Revenues
Revenues
481645000 USD
us-gaap Revenues
Revenues
1293450000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3453000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3759000 USD
CY2015Q3 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
9054000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
27946000 USD
CY2016Q3 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
10670000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
33113000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
770000 USD
CY2016Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
488000 USD
wgp Above Market Component Of Swap Extensions
AboveMarketComponentOfSwapExtensions
34782000 USD
CY2015Q3 wgp Gain Loss On Disposition Of Assets And Other Net
GainLossOnDispositionOfAssetsAndOtherNet
77254000 USD
wgp Gain Loss On Disposition Of Assets And Other Net
GainLossOnDispositionOfAssetsAndOtherNet
77248000 USD
CY2016Q3 wgp Gain Loss On Disposition Of Assets And Other Net
GainLossOnDispositionOfAssetsAndOtherNet
-6230000 USD
wgp Gain Loss On Disposition Of Assets And Other Net
GainLossOnDispositionOfAssetsAndOtherNet
-8769000 USD
wgp Number Of Days Subsequent To Quarter End That Cash Is Required To Be Distributed
NumberOfDaysSubsequentToQuarterEndThatCashIsRequiredToBeDistributed
P55D
wgp Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets
PartnersCapitalAccountAdjustmentDistributionsToContributionsFromAffiliateOfOtherAssets
4250000 USD
wgp Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets
PartnersCapitalAccountAdjustmentDistributionsToContributionsFromAffiliateOfOtherAssets
581000 USD
wgp Partners Capital Account Adjustment Preacquisition Contributions From Distributions To Affiliate
PartnersCapitalAccountAdjustmentPreacquisitionContributionsFromDistributionsToAffiliate
-29335000 USD
wgp Partners Capital Account Deferred Purchase Price Obligation Change
PartnersCapitalAccountDeferredPurchasePriceObligationChange
160152000 USD
CY2015Q3 wgp Preacquisition Net Income Loss Allocated To Parent
PreacquisitionNetIncomeLossAllocatedToParent
19848000 USD
wgp Preacquisition Net Income Loss Allocated To Parent
PreacquisitionNetIncomeLossAllocatedToParent
63606000 USD
CY2016Q3 wgp Preacquisition Net Income Loss Allocated To Parent
PreacquisitionNetIncomeLossAllocatedToParent
0 USD
wgp Preacquisition Net Income Loss Allocated To Parent
PreacquisitionNetIncomeLossAllocatedToParent
11326000 USD
CY2015Q3 wgp Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
7916000 USD
wgp Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
7916000 USD
CY2016Q3 wgp Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
18417000 USD
wgp Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
34782000 USD
wgp Proceeds From Payment For Affiliate
ProceedsFromPaymentForAffiliate
-35403000 USD
wgp Proceeds From Payment For Affiliate
ProceedsFromPaymentForAffiliate
-29335000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In preparing financial statements in accordance with GAAP, management makes informed judgments and estimates that affect the reported amounts of assets, liabilities, revenues and expenses. Management evaluates its estimates and related assumptions regularly, using historical experience and other methods considered reasonable. Changes in facts and circumstances or additional information may result in revised estimates and actual results may differ from these estimates. Effects on the business, financial condition and results of operations resulting from revisions to estimates are recognized when the facts that give rise to the revisions become known. The information furnished herein reflects all normal recurring adjustments which are, in the opinion of management, necessary for a fair presentation of the consolidated financial statements, and certain prior-period amounts have been reclassified to conform to the current-year presentation.</font></div></div>

Files In Submission

Name View Source Status
0001423902-16-000072-index-headers.html Edgar Link pending
0001423902-16-000072-index.html Edgar Link pending
0001423902-16-000072.txt Edgar Link pending
0001423902-16-000072-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wgp-20160930.xml Edgar Link completed
wgp-20160930.xsd Edgar Link pending
wgp-20160930_cal.xml Edgar Link unprocessable
wgp-20160930_def.xml Edgar Link unprocessable
wgp-20160930_lab.xml Edgar Link unprocessable
wgp-20160930_pre.xml Edgar Link unprocessable
wgp09301610-q.htm Edgar Link pending
wgp093016ex311.htm Edgar Link pending
wgp093016ex312.htm Edgar Link pending
wgp093016ex321.htm Edgar Link pending