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Equity (Policies)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Net income (loss) per common unit policy
Partnership’s net income (loss) per common unit. The common and general partner unitholders’ allocation of net income (loss) attributable to the Partnership was equal to their cash distributions plus their respective allocations of undistributed earnings or losses in accordance with their weighted-average ownership percentage during each period using the two-class method.
The following table provides a reconciliation between basic and diluted net income (loss) per common unit:
Three Months Ended 
March 31,
thousands except per-unit amounts20262025
Net income (loss)
Limited partners’ interest in net income (loss)$342,390 $301,837 
Weighted-average common units outstanding
Basic399,095 380,986 
Dilutive effect of non-vested phantom units1,474 1,508 
Diluted400,569 382,494 
Excluded due to anti-dilutive effect402 250 
Net income (loss) per common unit
Basic$0.86 $0.79 
Diluted$0.85 $0.79 

WES Operating’s net income (loss) per common unit. Net income (loss) per common unit for WES Operating is not calculated because it has no publicly traded units.