Segment Data (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes segment operating results, as measured by segment EBITDA, for the periods presented:

	Three Months Ended March 31, 2026
	Gathering and Processing		Wholesale Marketing and Terminalling		Storage and Transportation		Investments in Pipeline Joint Ventures		Total
Net revenues:
Affiliate	$	49,246	$	93,926	$	23,518	$	—	$	166,690
Third party	105,430		23,870		1,476		—		130,776
Total revenue	154,676		117,796		24,994		—		297,466
Cost of materials and other	50,301		105,132		13,138		—		168,571
Operating expenses	32,439		2,872		6,126		—		41,437
Proportional EBITDA from equity method investments	—		—		—		(18,319)		(18,319)
Other segment items (1)	1,316		30		(25)		—		1,321
Segment EBITDA	$	70,620	$	9,762	$	5,755	$	18,319	104,456
Reconciling items to consolidated net income before income taxes:
Corporate expenses and other									9,600
Proportional interest, taxes, depreciation and amortization from equity-method investments									6,696
Depreciation and amortization									36,501
Interest income									(32,285)
Interest expense									51,592
Income tax expense									—
Net income									$	32,352

	Three Months Ended March 31, 2025
	Gathering and Processing		Wholesale Marketing and Terminalling		Storage and Transportation		Investments in Pipeline Joint Ventures		Total
Net revenues:
Affiliate	$	38,567	$	64,708	$	23,046	$	—	$	126,321
Third party	80,036		41,991		1,582		—		123,609
Total revenue	118,603		106,699		24,628		—		249,930
Cost of materials and other	24,344		89,653		15,027		—		129,024
Operating expenses	30,581		3,799		5,161		—		39,541
Proportional EBITDA from equity method investments	—		—		—		(16,815)		(16,815)
Other segment items (1)	(4,261)		10		26		—		(4,225)
Segment EBITDA	$	67,939	$	13,237	$	4,414	$	16,815	102,405
Reconciling items to consolidated net income before income taxes:
Corporate expenses and other									10,254
Proportional interest, taxes, depreciation and amortization from equity-method investments									6,665
Depreciation and amortization									27,716
Interest income									(22,547)
Interest expense									41,101
Income tax expense									182
Net income									$	39,034

(1) Other segment items include general and administrative expense, other operating (income) loss and other income.

The following is a summary of other segment information for the periods presented:

	Three Months Ended March 31, 2026
	Gathering and Processing		Wholesale Marketing and Terminalling		Storage and Transportation		Investments in Pipeline Joint Ventures		Corporate and Other		Consolidated
Depreciation and amortization	$	33,241	$	768	$	1,725	$	—	$	767	$	36,501
Interest income	$	10,158	$	4,017	$	18,110	$	—	$	—	$	32,285
Capital spending (1)	$	49,519	$	111	$	195	$	—	$	—	$	49,825

	Three Months Ended March 31, 2025
	Gathering and Processing		Wholesale Marketing and Terminalling		Storage and Transportation		Investments in Pipeline Joint Ventures		Corporate and Other		Consolidated
Depreciation and amortization	$	24,723	$	952	$	1,281	$	—	$	760	$	27,716
Interest income	$	11,365	$	4,161	$	7,021	$	—	$	—	$	22,547
Capital spending (1)	$	71,311	$	90	$	542	$	—	$	—	$	71,943

(1) Capital spending includes additions on an accrual basis.