v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues:    
Total revenues $ 409,976 $ 443,263
Operating costs and expenses:    
Costs of sales (excluding depreciation and amortization) [1],[2] 188,724 223,364
Operating expenses 70,301 63,603
Ad valorem taxes 8,775 6,791
General and administrative expenses 44,200 37,592
Depreciation and amortization expenses 101,833 92,673
Gain on disposal of assets, net (19) (40)
Total operating costs and expenses 413,814 423,983
Operating (loss) income (3,838) 19,280
Other income (expense):    
Interest and other income 167 785
Interest expense (53,420) (55,714)
Equity in earnings of unconsolidated affiliates 51,188 57,478
Total other (expense) income, net (2,065) 2,549
(Loss) income before income taxes (5,903) 21,829
Income tax (benefit) expense (778) 2,567
Net (loss) income including noncontrolling interest (5,125) 19,262
Net (loss) income attributable to Common Unit limited partners (3,458) 13,132
Net (loss) income attributable to holders of Class A Common Stock $ (1,667) $ 6,130
Net (loss) income attributable to holders of Class A Common Stock, per share    
Basic (in USD per share) $ (0.07) $ 0.05
Diluted (in USD per share) $ (0.07) $ 0.05
Weighted-average shares    
Basic (in shares) 65,910 60,162
Diluted (in shares) 66,684 61,001
Service revenue    
Operating revenues:    
Total revenues $ 93,772 $ 127,926
Product revenue    
Operating revenues:    
Total revenues 312,233 312,505
Other revenue    
Operating revenues:    
Total revenues $ 3,971 $ 2,832
[1] Costs of sales (excluding depreciation and amortization) is net of gas service revenues totaling $102.3 million and $62.2 million for the three months ended March 31, 2026 and 2025, respectively, for certain volumes where we function as principal.
[2] Includes amounts associated with related parties of $7.1 million and $4.7 million for the three months ended March 31, 2026 and 2025, respectively.