| Schedule of Disaggregation of Revenue |
The table below provides disaggregated information on the Company's revenues. Certain other revenue contracts are outside the scope of ASU 2014-09, Revenue from Contracts with Customers. These contracts are reported in pipeline and other revenues in the Statements of Condensed Consolidated Operations. Derivative contracts are also outside the scope of ASU 2014-09. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | (Thousands) | | Revenues from contracts with customers: | | | | | | | | | Upstream sales | | | | | | | | | Natural gas | $ | 1,424,315 | | | $ | 1,539,205 | | | $ | 4,678,665 | | | $ | 3,589,155 | | | NGLs | 152,906 | | | 145,104 | | | 310,015 | | | 318,920 | | | Oil | 32,793 | | | 16,190 | | | 61,269 | | | 37,151 | | | Sales of natural gas, NGLs and oil | 1,610,014 | | | 1,700,499 | | | 5,049,949 | | | 3,945,226 | | | | | | | | | | | Gathering pipeline revenue | | | | | | | | | Firm reservation fees | 171,030 | | | 169,597 | | | 334,112 | | | 336,288 | | | Volumetric-based fees | 170,298 | | | 150,672 | | | 342,191 | | | 319,294 | | | Total Gathering pipeline revenue | 341,328 | | | 320,269 | | | 676,303 | | | 655,582 | | | | | | | | | | | Transmission pipeline revenue | | | | | | | | | Firm reservation fees | 106,220 | | | 96,535 | | | 232,847 | | | 214,387 | | | Volumetric-based fees | 34,945 | | | 38,048 | | | 69,770 | | | 66,467 | | | Total Transmission pipeline revenue | 141,165 | | | 134,583 | | | 302,617 | | | 280,854 | | | | | | | | | | | Intersegment eliminations and other | (336,186) | | | (317,675) | | | (660,316) | | | (628,692) | | | Total revenues from contracts with customers (a) | 1,756,321 | | | 1,837,676 | | | 5,368,553 | | | 4,252,970 | | | | | | | | | | | Other sources of revenue: | | | | | | | | | Gain (loss) on derivatives | 44,640 | | | 719,964 | | | (193,629) | | | 41,045 | | | Other revenues | 8,979 | | | 79 | | | 13,752 | | | 3,554 | | | Total other sources of revenue | 53,619 | | | 720,043 | | | (179,877) | | | 44,599 | | | | | | | | | | | Total operating revenues | $ | 1,809,940 | | | $ | 2,557,719 | | | $ | 5,188,676 | | | $ | 4,297,569 | |
(a)For revenue from contracts with customers for which the Company had satisfied its performance obligations and held an unconditional right to consideration, the Company recorded accounts receivable of $673.4 million and $1,159.0 million as of June 30, 2026 and December 31, 2025, respectively.
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| Schedule of Remaining Performance Obligations |
The following table summarizes the transaction price allocated to the Company's remaining obligations on all contracts with fixed consideration as of June 30, 2026. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2026 (a) | | 2027 | | 2028 | | 2029 | | 2030 | | Thereafter | | Total | | | | | | | | | | | | | | | | (Thousands) | | Upstream natural gas sales | $ | 6,863 | | | $ | 7,540 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 14,403 | | | | | | | | | | | | | | | | | Gathering firm reservation fee revenue: | | | | | | | | | | | | Third-party | 47,078 | | | 86,260 | | | 86,260 | | | 86,260 | | | 86,260 | | | 288,112 | | | 680,230 | | | Affiliate | 50,927 | | | 101,508 | | | 97,701 | | | 97,701 | | | 103,978 | | | 1,403,698 | | | 1,855,513 | | | Total | 98,005 | | | 187,768 | | | 183,961 | | | 183,961 | | | 190,238 | | | 1,691,810 | | | 2,535,743 | | | | | | | | | | | | | | | | | Gathering revenues from MVCs: | | | | | | | | | | | | Third-party | 51,765 | | | 96,926 | | | 87,901 | | | 74,032 | | | 63,236 | | | 140,649 | | | 514,509 | | | Affiliate | 206,989 | | | 410,621 | | | 411,740 | | | 410,622 | | | 408,323 | | | 1,634,129 | | | 3,482,424 | | | Total | 258,754 | | | 507,547 | | | 499,641 | | | 484,654 | | | 471,559 | | | 1,774,778 | | | 3,996,933 | | | | | | | | | | | | | | | | | Transmission firm reservation fee revenue: | | | | | | | | | | | | Third-party | 90,284 | | | 178,467 | | | 172,539 | | | 169,923 | | | 166,411 | | | 662,365 | | | 1,439,989 | | | Affiliate | 132,082 | | | 262,637 | | | 260,776 | | | 260,445 | | | 260,445 | | | 1,704,604 | | | 2,880,989 | | | Total | 222,366 | | | 441,104 | | | 433,315 | | | 430,368 | | | 426,856 | | | 2,366,969 | | | 4,320,978 | | | | | | | | | | | | | | | | | Total remaining performance obligations | $ | 585,988 | | | $ | 1,143,959 | | | $ | 1,116,917 | | | $ | 1,098,983 | | | $ | 1,088,653 | | | $ | 5,833,557 | | | $ | 10,868,057 | |
(a)July 1 through December 31.
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