Equity and Partners' Capital (Tables)

3 Months Ended

Mar. 31, 2025

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:

	Three Months Ended  March 31,
thousands except per-unit amounts	2025		2024
Net income (loss)
Limited partners’ interest in net income (loss)	$	301,837	$	559,500
Weighted-average common units outstanding
Basic	380,986		380,024
Dilutive effect of non-vested phantom units	1,508		1,604
Diluted	382,494		381,628
Excluded due to anti-dilutive effect	250		—
Net income (loss) per common unit
Basic	$	0.79	$	1.47
Diluted	$	0.79	$	1.47