Equity and Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2024

Partners' Capital Notes [Abstract]

Calculation of Net Income (Loss) Per Unit Table

The following table provides a reconciliation between basic and diluted net income (loss) per common unit:

	Year Ended December 31,
thousands except per-unit amounts	2024		2023		2022
Net income (loss)
Limited partners’ interest in net income (loss)	$	1,536,967	$	998,532	$	1,189,562
Weighted-average common units outstanding
Basic	380,397		383,028		394,951
Dilutive effect of non-vested phantom units	2,058		1,380		1,285
Diluted	382,455		384,408		396,236
Excluded due to anti-dilutive effect	2		114		554
Net income (loss) per common unit
Basic	$	4.04	$	2.61	$	3.01
Diluted	$	4.02	$	2.60	$	3.00