
	For the Three Months Ended June 30, 2025
	Natural Gas		Natural Gas Liquids		Total
Revenues
Revenue from external customers	$	362.4	$	171.6	$	534.0
Intrasegment revenues	12.9		—		12.9
	$	375.3	$	171.6	$	546.9
Reconciliation of revenues:

Elimination of intrasegment revenues					(12.9)
Total consolidated revenues					$	534.0

Less:
Costs associated with service revenues	$	11.5	$	4.3
Costs associated with product sales	—		95.6
Operation and maintenance	62.8		12.2
Administrative and general	44.0		6.8
Taxes other than income taxes	30.3		3.0
Loss on sale of assets, impairments and other	0.1		—
Miscellaneous other income, net	(0.7)		0.1
Segment EBITDA	$	227.3	$	49.6	$	276.9

Reconciliation of profit or loss:


Depreciation and amortization					$	118.9
Interest expense					39.8
Interest income					(3.0)
Consolidated income before income taxes					$	121.2


	For the Three Months Ended June 30, 2024
	Natural Gas		Natural Gas Liquids		Total
Revenues
Revenue from external customers	$	318.0	$	159.5	$	477.5
Intrasegment revenues	12.3		—		12.3
	$	330.3	$	159.5	$	489.8
Reconciliation of revenues:
Elimination of intrasegment revenues					(12.3)
Total consolidated revenues					$	477.5

Less:
Costs associated with service revenues	$	9.8	$	4.6
Costs associated with product sales	—		78.9
Operation and maintenance	62.4		16.7
Administrative and general	40.9		6.5
Taxes other than income taxes	25.3		3.4

Miscellaneous other income, net	(0.9)		—
Segment EBITDA	$	192.8	$	49.4	$	242.2

Reconciliation of profit or loss:
Depreciation and amortization					$	106.5
Interest expense					46.9
Interest income					(8.8)
Consolidated income before income taxes					$	97.6


	For the Six Months Ended June 30, 2025
	Natural Gas		Natural Gas Liquids		Total
Revenues
Revenue from external customers	$	773.1	$	379.5	$	1,152.6
Intrasegment revenues	25.9		—		25.9
	$	799.0	$	379.5	$	1,178.5
Reconciliation of revenues:

Elimination of intrasegment revenues					(25.9)
Total consolidated revenues					$	1,152.6

Less:
Costs associated with service revenues	$	23.5	$	8.6
Costs associated with product sales	—		218.5
Operation and maintenance	110.6		22.6
Administrative and general	90.5		13.3
Taxes other than income taxes	59.2		6.4
Gain on sale of assets, impairments and other	(0.9)		—
Miscellaneous other income, net	(1.8)		—
Segment EBITDA	$	517.9	$	110.1	$	628.0

Reconciliation of profit or loss:


Depreciation and amortization					$	224.4
Interest expense					79.3
Interest income					(4.0)
Consolidated income before income taxes					$	328.3


	For the Six Months Ended June 30, 2024
	Natural Gas		Natural Gas Liquids		Total
Revenues
Revenue from external customers	$	691.3	$	296.7	$	988.0
Intrasegment revenues	24.7		—		24.7
	$	716.0	$	296.7	$	1,012.7
Reconciliation of revenues:
Elimination of intrasegment revenues					(24.7)
Total consolidated revenues					$	988.0

Less:
Costs associated with service revenues	$	19.8	$	9.3
Costs associated with product sales	—		142.7
Operation and maintenance	108.9		29.1
Administrative and general	88.1		13.5
Taxes other than income taxes	53.6		6.8
Gain on sale of assets, impairments and other	(7.7)		—
Miscellaneous other income, net	(3.8)		(0.1)
Segment EBITDA	$	457.1	$	95.4	$	552.5

Reconciliation of profit or loss:
Depreciation and amortization					$	212.0
Interest expense					90.2
Interest income					(12.5)
Consolidated income before income taxes					$	262.8

Segment assets include Property, plant, and equipment – net, Intangible assets – net of accumulated amortization and Goodwill. The following table reflects segment assets (in millions):


	Segment Assets
	As of June 30, 2025		As of December 31, 2024
Natural Gas	$	7,528.8	$	7,490.1
Natural Gas Liquids	1,501.1		1,628.7
Total Segment Assets	$	9,029.9	$	9,118.8