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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Revenues $ 25,201 $ 22,693 $ 23,068
COSTS AND EXPENSES:      
Cost of sales (excluding items shown separately below) 22,409 20,595 21,703
General and administrative 296 277 126
Operating expenses 765 545 356
Lease expense 114 72 68
(Gain) loss on disposal of assets and impairment charges 6 (45) 7
Depreciation, amortization and accretion 688 368 187
Total cost of sales and operating expenses 24,266 21,902 22,433
OPERATING INCOME 935 791 635
Interest expense, net (541) (391) (217)
Other Nonoperating Income (Expense) 83 5 7
Equity in earnings of unconsolidated affiliates 143 60 5
Gain on West Texas Sale 0 586 0
Loss on extinguishment of debt (31) (2) 0
INCOME BEFORE INCOME TAXES 589 1,049 430
Income tax expense 62 175 36
Net income (loss) and comprehensive income (loss) 527 874 394
Net Income (Loss) Attributable to Noncontrolling Interest 0 8 0
NET INCOME ATTRIBUTABLE TO COMMON UNITS 527 866 394
Comprehensive income attributable to Preferred unitholders 34 0 0
Comprehensive income attributable to Class D unitholder (9) 0 0
Net Income (Loss) Available to Common Stockholders, Basic $ 502 $ 866 $ 394
Net income (loss) per common unit - diluted:      
Common units - basic $ 2.29 $ 6.04 $ 3.70
Common - diluted 2.28 6.00 3.65
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING      
CASH DISTRIBUTION PER COMMON UNIT $ 3.6583 $ 3.5133 $ 3.3680
Common Units [Member]      
COSTS AND EXPENSES:      
Net income (loss) and comprehensive income (loss) $ 502 $ 866 $ 394
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING      
Common units - basic 136,492,204 118,529,390 84,081,083
Common units - diluted 137,198,218 119,342,038 85,093,497
Sales revenue      
Revenues:      
Revenues $ 23,702 $ 21,588 $ 22,663
Service revenue      
Revenues:      
Revenues 1,369 980 254
Lease revenue      
Revenues:      
Revenues $ 130 $ 125 $ 151