v3.26.1
Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The table below summarizes the Company's equity method investments.
June 30, 2026December 31, 2025
Ownership InterestCarrying ValueOwnership InterestCarrying Value
(Thousands)(Thousands)
MVP Joint Venture (a):
MVP A53.2 %$3,289,264 49.3 %$3,097,754 
MVP B47.2 %114,086 47.2 %42,420 
MVP C53.2 %399,443 49.3 %374,629 
Total MVP Joint Venture3,802,793 3,514,803 
Laurel Mountain Midstream, LLC (b)31.0 %46,932 31.0 %47,037 
Other48,389 35,724 
Total$3,898,114 $3,597,564 

(a)Mountain Valley Pipeline, LLC (the MVP Joint Venture) is a Delaware series limited liability company formed as a joint venture for the purpose of constructing and owning natural gas assets. The MVP Joint Venture has three series, as follows (with each term defined below): MVP A, which owns MVP Mainline; MVP B, which owns MVP Southgate; and MVP C, which owns certain assets associated with MVP Boost. A wholly owned subsidiary of the Company serves as the operator for each series of the MVP Joint Venture.
(b)Laurel Mountain Midstream, LLC is a midstream company formed as a joint venture among the Company, The Williams Companies, Inc. and certain other energy companies for the purpose of owning and operating gathering and processing assets.