v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 342,146 $ 250,125 $ 673,421 $ 495,359
Costs and expenses:        
Cost of operations, exclusive of depreciation and amortization 124,790 86,499 242,692 168,117
Depreciation and amortization 89,071 70,841 176,217 141,234
Selling, general, and administrative 28,895 12,896 64,252 31,758
(Gain) loss on disposition of assets (994) 39 (1,539) 1,364
Impairment of assets 0 3,242 4 6,887
Total costs and expenses 241,762 173,517 481,626 349,360
Operating income 100,384 76,608 191,795 145,999
Other income (expense):        
Interest expense, net (49,258) (47,674) (98,224) (95,043)
Loss on extinguishment of debt 0 0 (1) 0
Other 6 16 26 41
Total other expense (49,252) (47,658) (98,199) (95,002)
Net income before income tax expense 51,132 28,950 93,596 50,997
Income tax expense 5,480 391 9,602 1,926
Net income 45,652 28,559 83,994 49,071
Less: distributions on Preferred Units 0 (1,950) 0 (6,338)
Net income attributable to common unitholders’ interests $ 45,652 $ 26,609 $ 83,994 $ 42,733
Weighted average common units outstanding - basic (in shares) 144,974 119,003 143,862 118,258
Weighted average common units outstanding - diluted (in shares) 145,619 119,503 144,375 118,879
Basic net income per common unit (in dollars per share) $ 0.31 $ 0.22 $ 0.58 $ 0.36
Diluted net income per common unit (in dollars per share)   0.22 0.58 0.36
Distributions declared per common unit for respective periods (in dollars per share) $ 0.525 $ 0.525 $ 1.050 $ 1.050
Contract operations        
Revenues:        
Total revenues $ 304,857 $ 227,277 $ 598,366 $ 452,252
Parts and service        
Revenues:        
Total revenues 22,136 6,507 44,007 11,601
Related party        
Revenues:        
Total revenues $ 15,153 $ 16,341 $ 31,048 $ 31,506