REVENUE |
4. REVENUE The following table presents estimated revenue, as of June 30, 2025, expected to be recognized during the remainder of 2025 and over the remaining contract period related to performance obligations that are unsatisfied and are comprised of estimated MVC shortfall payments. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | 2025 | | 2026 | | 2027 | | 2028 | | 2029 | | Thereafter | | | | | | | | | | | | | Gathering services and related fees | $ | 18,186 | | | $ | 26,568 | | | $ | 7,965 | | | $ | 5,325 | | | $ | — | | | $ | — | |
Revenue by category. In the following tables, revenue is disaggregated by geographic area and major products and services. For more detailed information about reportable segments, see Note 16 – Segment Information. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Gathering services and related fees | | Natural gas, NGLs and condensate sales | | Other revenues | | Total | | (In thousands) | Reportable Segments: | | | | | | | | Rockies | $ | 16,303 | | | $ | 58,774 | | | $ | 5,242 | | | $ | 80,319 | | Permian | — | | | — | | | 911 | | | 911 | | Piceance | 15,634 | | | 632 | | | 1,298 | | | 17,564 | | Mid-Con | 32,245 | | | 6,939 | | | 2,239 | | | 41,423 | | Northeast | — | | | — | | | — | | | — | | Total reportable segments | 64,182 | | | 66,345 | | | 9,690 | | | 140,217 | | Corporate and other | — | | | — | | | — | | | — | | Total | $ | 64,182 | | | $ | 66,345 | | | $ | 9,690 | | | $ | 140,217 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | Gathering services and related fees | | Natural gas, NGLs and condensate sales | | Other revenues | | Total | | (In thousands) | Reportable Segments: | | | | | | | | Rockies | $ | 32,348 | | | $ | 113,598 | | | $ | 10,160 | | | $ | 156,106 | | Permian | — | | | — | | | 1,821 | | | 1,821 | | Piceance | 31,377 | | | 1,538 | | | 2,482 | | | 35,397 | | Mid-Con | 64,622 | | | 10,536 | | | 4,432 | | | 79,590 | | Northeast | — | | | — | | | — | | | — | | Total reportable segments | 128,347 | | | 125,672 | | | 18,895 | | | 272,914 | | Corporate and other | — | | | — | | | — | | | — | | Total | $ | 128,347 | | | $ | 125,672 | | | $ | 18,895 | | | $ | 272,914 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | Gathering services and related fees | | Natural gas, NGLs and condensate sales | | Other revenues | | Total | | (In thousands) | Reportable Segments: | | | | | | | | Rockies | $ | 16,323 | | | $ | 47,214 | | | $ | 3,321 | | | $ | 66,858 | | Permian | — | | | — | | | 911 | | | 911 | | Piceance | 18,063 | | | 666 | | | 1,234 | | | 19,963 | | Mid-Con | 8,829 | | | 79 | | | 2,026 | | | 10,934 | | Northeast | 1,998 | | | — | | | — | | | 1,998 | | Total reportable segments | 45,213 | | | 47,959 | | | 7,492 | | | 100,664 | | Corporate and other | — | | | — | | | 651 | | | 651 | | Total | $ | 45,213 | | | $ | 47,959 | | | $ | 8,143 | | | $ | 101,315 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | | Gathering services and related fees | | Natural gas, NGLs and condensate sales | | Other revenues | | Total | | (In thousands) | Reportable Segments: | | | | | | | | Rockies | $ | 32,839 | | | $ | 95,184 | | | $ | 7,429 | | | $ | 135,452 | | Permian | — | | | — | | | 1,821 | | | 1,821 | | Piceance | 38,450 | | | 1,614 | | | 2,479 | | | 42,543 | | Mid-Con | 17,058 | | | 253 | | | 3,483 | | | 20,794 | | Northeast | 18,851 | | | — | | | — | | | 18,851 | | Total reportable segments | 107,198 | | | 97,051 | | | 15,212 | | | 219,461 | | Corporate and other | — | | | — | | | 725 | | | 725 | | Total | $ | 107,198 | | | $ | 97,051 | | | $ | 15,937 | | | $ | 220,186 | |
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