v3.25.2
Segment Data - Schedule of Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Revenues $ 246,350 $ 264,628 $ 496,280 $ 516,703
Operating expenses 36,481 27,353 76,022 55,907
Income from equity method investments (10,536) (7,882) (20,686) (16,372)
Other segment items 622 (2,393) (3,603) (3,698)
Segment EBITDA 100,449 109,519 196,189 219,169
Corporate expenses and other 10,360 7,127 20,614 15,276
Depreciation and amortization 27,097 24,207 54,813 50,702
Interest income (23,538) (28) (46,085) (28)
Interest expense 41,711 35,296 82,812 75,525
Income Tax Expense (Benefit) 245 57 427 383
Net income 44,574 41,058 83,608 73,706
Capital spending 119,189 10,187 191,132 25,352
Affiliated Entity        
Segment Reporting Information [Line Items]        
Revenues [1] 114,083 156,828 240,404 296,453
Cost of materials and other [1] 84,411 103,065 174,377 195,947
Operating expenses 21,153 14,939 43,093 33,157
Nonrelated Party        
Segment Reporting Information [Line Items]        
Revenues 132,267 107,800 255,876 220,250
Cost of materials and other 34,950 34,995 74,036 65,805
Segment Reporting, Reconciling Item, Corporate Nonsegment        
Segment Reporting Information [Line Items]        
Depreciation and amortization 759 988 1,519 1,842
Capital spending 0 0    
Capital spending     0 0
Operating Segments Excluding Intersegment Elimination        
Segment Reporting Information [Line Items]        
Cost of materials and other 119,334 138,031 248,358 261,697
Marketing Contract Intangible        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets 0 1,802 0 3,605
Marketing Contract Intangible | Segment Reporting, Reconciling Item, Corporate Nonsegment        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets   0   0
Gathering and Processing        
Segment Reporting Information [Line Items]        
Revenues 117,767 92,643 236,370 188,526
Gathering and Processing | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 117,767 92,643 236,370 188,526
Cost of materials and other 21,748 19,660 46,092 37,529
Operating expenses 31,516 19,546 62,097 39,251
Income from equity method investments 0 0 0 0
Other segment items 556 (1,243) (3,705) (693)
Segment EBITDA 63,947 54,680 131,886 112,439
Depreciation and amortization 24,085 19,062 48,808 40,216
Capital spending 117,218 7,351    
Capital spending     188,529 22,074
Gathering and Processing | Operating Segments | Affiliated Entity        
Segment Reporting Information [Line Items]        
Revenues 39,098 51,529 77,665 104,082
Gathering and Processing | Operating Segments | Nonrelated Party        
Segment Reporting Information [Line Items]        
Revenues 78,669 41,114 158,705 84,444
Gathering and Processing | Marketing Contract Intangible | Operating Segments        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets   0   0
Wholesale Marketing and Terminalling        
Segment Reporting Information [Line Items]        
Revenues 104,615 135,600 211,314 254,870
Wholesale Marketing and Terminalling | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 104,615 135,600 211,314 254,870
Cost of materials and other 84,496 103,901 174,149 195,805
Operating expenses 1,171 3,273 4,970 7,101
Income from equity method investments 0 0 0 0
Other segment items 9 (1,779) 19 (3,515)
Segment EBITDA 18,939 30,205 32,176 55,479
Depreciation and amortization 952 1,635 1,904 3,347
Capital spending 65 105    
Capital spending     155 21
Wholesale Marketing and Terminalling | Operating Segments | Affiliated Entity        
Segment Reporting Information [Line Items]        
Revenues 52,367 70,899 117,075 123,781
Wholesale Marketing and Terminalling | Operating Segments | Nonrelated Party        
Segment Reporting Information [Line Items]        
Revenues 52,248 64,701 94,239 131,089
Wholesale Marketing and Terminalling | Marketing Contract Intangible | Operating Segments        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets   1,802   3,605
Storage and Transportation        
Segment Reporting Information [Line Items]        
Revenues 23,968 36,385 48,596 73,307
Storage and Transportation | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 23,968 36,385 48,596 73,307
Cost of materials and other 13,090 14,470 28,117 28,363
Operating expenses 3,794 4,534 8,955 9,555
Income from equity method investments 0 0 0 0
Other segment items 57 629 83 510
Segment EBITDA 7,027 16,752 11,441 34,879
Depreciation and amortization 1,301 2,522 2,582 5,297
Capital spending 1,906 2,731    
Capital spending     2,448 3,257
Storage and Transportation | Operating Segments | Affiliated Entity        
Segment Reporting Information [Line Items]        
Revenues 22,618 34,400 45,664 68,590
Storage and Transportation | Operating Segments | Nonrelated Party        
Segment Reporting Information [Line Items]        
Revenues 1,350 1,985 2,932 4,717
Storage and Transportation | Marketing Contract Intangible | Operating Segments        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets   0   0
Investments in Pipeline Joint Ventures | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 0 0 0 0
Cost of materials and other 0 0 0 0
Operating expenses 0 0 0 0
Income from equity method investments (10,536) (7,882) (20,686) (16,372)
Other segment items 0 0 0 0
Segment EBITDA 10,536 7,882 20,686 16,372
Depreciation and amortization 0 0 0 0
Capital spending 0 0    
Capital spending     0 0
Investments in Pipeline Joint Ventures | Operating Segments | Affiliated Entity        
Segment Reporting Information [Line Items]        
Revenues 0 0 0 0
Investments in Pipeline Joint Ventures | Operating Segments | Nonrelated Party        
Segment Reporting Information [Line Items]        
Revenues $ 0 0 $ 0 0
Investments in Pipeline Joint Ventures | Marketing Contract Intangible | Operating Segments        
Segment Reporting Information [Line Items]        
Amortization of Intangible Assets   $ 0   $ 0
[1] See Note 3 for a description of our material affiliate revenue and purchases transactions.