v3.25.2
SEGMENT INFORMATION - Schedule of Information About Reportable 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]        
Total revenues $ 140,217 $ 101,315 $ 272,914 $ 220,186
Cost of natural gas and NGLs 35,914 29,619 71,348 59,801
General and administrative 15,516 14,164 32,116 28,949
Segment Adjusted EBITDA 68,909 50,436 136,291 129,929
Total cash paid for capital expenditures 26,390 10,522 46,996 26,920
Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 140,217 100,664 272,914 219,461
Total cash paid for capital expenditures 25,462 9,499 45,247 24,683
Corporate and Other        
Segment Reporting Information [Line Items]        
Total cash paid for capital expenditures 928 1,023 1,749 2,237
Gathering services and related fees        
Segment Reporting Information [Line Items]        
Total revenues 64,182 45,213 128,347 107,198
Natural gas, NGLs and condensate sales        
Segment Reporting Information [Line Items]        
Total revenues 66,345 47,959 125,672 97,051
Other revenues        
Segment Reporting Information [Line Items]        
Total revenues 9,690 8,143 18,895 15,937
Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 9,690 7,492 18,895 15,212
Rockies | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 80,319 66,858 156,106 135,452
Cost of natural gas and NGLs 49,842 40,695 98,264 81,677
Cost of natural gas and NGLs (amounts withheld from customers for the Company’s gathering, processing and other fees) (14,272) (11,393) (27,552) (22,567)
Employee costs 5,220 4,052 9,429 7,775
Materials, parts and other operating expenses 5,726 4,066 10,212 9,454
General and administrative 6,155 4,205 10,370 8,497
Other segment items 2,413 2,375 5,279 4,884
Segment Adjusted EBITDA 25,235 22,858 50,104 45,732
Total cash paid for capital expenditures 10,848 7,910 22,321 20,468
Rockies | Gathering services and related fees | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 16,303 16,323 32,348 32,839
Rockies | Natural gas, NGLs and condensate sales | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 58,774 47,214 113,598 95,184
Rockies | Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 5,242 3,321 10,160 7,429
Permian | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 911 911 1,821 1,821
Cost of natural gas and NGLs 0 0 0 0
Cost of natural gas and NGLs (amounts withheld from customers for the Company’s gathering, processing and other fees) 0 0 0 0
Employee costs 0 0 0 0
Materials, parts and other operating expenses 0 0 0 0
General and administrative 0 0 0 0
Other segment items (7,389) (6,786) (14,749) (13,141)
Segment Adjusted EBITDA 8,300 7,697 16,570 14,962
Total cash paid for capital expenditures 0 0 0 0
Permian | Gathering services and related fees | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 0 0 0 0
Permian | Natural gas, NGLs and condensate sales | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 0 0 0 0
Permian | Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 911 911 1,821 1,821
Piceance | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 17,564 19,963 35,397 42,543
Cost of natural gas and NGLs 250 302 542 676
Cost of natural gas and NGLs (amounts withheld from customers for the Company’s gathering, processing and other fees) 0 0 0 0
Employee costs 1,541 1,508 3,121 2,973
Materials, parts and other operating expenses 2,325 1,905 4,130 3,762
General and administrative 2,858 2,386 5,154 4,798
Other segment items 116 1,014 190 2,253
Segment Adjusted EBITDA 10,474 12,848 22,260 28,081
Total cash paid for capital expenditures 110 188 1,200 873
Piceance | Gathering services and related fees | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 15,634 18,063 31,377 38,450
Piceance | Natural gas, NGLs and condensate sales | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 632 666 1,538 1,614
Piceance | Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 1,298 1,234 2,482 2,479
Mid-Con | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 41,423 10,934 79,590 20,794
Cost of natural gas and NGLs 95 0 95 0
Cost of natural gas and NGLs (amounts withheld from customers for the Company’s gathering, processing and other fees) 0 0 0 0
Employee costs 2,379 918 4,884 1,647
Materials, parts and other operating expenses 3,021 1,078 5,925 1,763
General and administrative 10,367 3,122 20,232 6,132
Other segment items 661 396 1,097 732
Segment Adjusted EBITDA 24,900 5,420 47,357 10,520
Total cash paid for capital expenditures 14,504 119 21,726 525
Mid-Con | Gathering services and related fees | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 32,245 8,829 64,622 17,058
Mid-Con | Natural gas, NGLs and condensate sales | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 6,939 79 10,536 253
Mid-Con | Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 2,239 2,026 4,432 3,483
Northeast | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 0 1,998 0 18,851
Cost of natural gas and NGLs 0 0 0 0
Cost of natural gas and NGLs (amounts withheld from customers for the Company’s gathering, processing and other fees) 0 0 0 0
Employee costs 0 106 0 661
Materials, parts and other operating expenses 0 165 0 868
General and administrative 0 97 0 754
Other segment items 0 17 0 (14,066)
Segment Adjusted EBITDA 0 1,613 0 30,634
Total cash paid for capital expenditures 0 1,282 0 2,817
Northeast | Gathering services and related fees | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 0 1,998 0 18,851
Northeast | Natural gas, NGLs and condensate sales | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues 0 0 0 0
Northeast | Other revenues | Reportable Segments        
Segment Reporting Information [Line Items]        
Total revenues $ 0 $ 0 $ 0 $ 0