THE WOODLANDS, Texas (AP) _ Western Midstream Partners, LP (WES) on Monday reported second-quarter profit of $267.6 million.

On a per-share basis, the The Woodlands, Texas-based company said it had profit of 60 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The oil and gas transportation and storage company posted revenue of $671.8 million in the period.

Western Midstream shares have decreased 47% since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.36, a decrease of 57% in the last 12 months.

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

Automated Insights, source Associated Press News