v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues [Abstract]        
Revenues $ 14,259 $ 5,390 $ 24,949 $ 10,569
COSTS AND EXPENSES:        
Cost of sales (excluding items shown separately below) 12,795 4,821 21,796 9,347
Operating expenses 381 145 711 288
General and administrative 159 50 314 89
Lease expense 56 19 109 35
Loss on disposal of assets and impairment charges 3 (2) 2 1
Depreciation, amortization and accretion 282 154 568 310
Total cost of sales and operating expenses 13,676 5,187 23,500 10,070
OPERATING INCOME 583 203 1,449 499
Other Income and Expenses [Abstract]        
Interest expense, net (204) (123) (405) (244)
Equity in earnings of unconsolidated affiliates 47 31 89 63
Loss on extinguishment of debt 0 (17) (1) (19)
Other, net (64) (1) (91) (1)
INCOME BEFORE INCOME TAXES 362 93 1,041 298
Income tax expense 79 7 114 5
NET INCOME 283 86 927 293
Less: Preferred unitholders' interest in net income (29) 0 (59) 0
Interest in net income attributable to Class D unitholder (49) 0 (198) 0
NET INCOME ATTRIBUTABLE TO COMMON UNITS $ 205 $ 86 $ 670 $ 293
Net income (loss) per common unit:        
Basic $ 0.94 $ 0.33 $ 3.81 $ 1.55
Diluted $ 0.94 0.33 3.79 1.54
Weighted average common units outstanding:        
CASH DISTRIBUTION PER COMMON UNIT   $ 0.9088 $ 1.9922 $ 1.8064
Common Units [Member]        
Weighted average common units outstanding:        
Basic 136,895,211 136,432,676 136,892,005 136,350,550
Diluted 137,735,133 137,146,019 137,644,970 137,040,946
Sales revenue        
Revenues [Abstract]        
Revenues $ 13,670 $ 5,046 $ 23,813 $ 9,897
Service revenue        
Revenues [Abstract]        
Revenues 546 314 1,054 613
Lease revenue        
Revenues [Abstract]        
Revenues $ 43 $ 30 $ 82 $ 59