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Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity in Nonconsolidated Investments
The table below summarizes the Company's equity method investments.
June 30, 2025December 31, 2024
Ownership InterestCarrying ValueOwnership InterestCarrying Value
(Thousands)(Thousands)
MVP Joint Venture (a):
The MVP49.3 %$3,467,039 49.3 %$3,469,438 
MVP Southgate47.2 %35,986 47.2 %65,292 
Total MVP Joint Venture3,503,025 3,534,730 
Laurel Mountain Midstream, LLC (b)31 %49,490 31 %28,757 
Other37,401 20,668 
Total$3,589,916 $3,584,155 

(a)Mountain Valley Pipeline, LLC (the MVP Joint Venture) is a Delaware series limited liability company formed as a joint venture among (i) with respect to Series A, the Midstream Joint Venture and affiliates of NextEra Energy, Inc., Consolidated Edison, Inc., AltaGas Ltd. and RGC Resources, Inc. for the purpose of constructing, owning and operating the MVP (defined below); and (ii) with respect to Series B, a wholly-owned subsidiary of EQT and affiliates of NextEra Energy, Inc., AltaGas Ltd. and RGC Resources, Inc. for the purpose of constructing, owning and operating MVP Southgate (defined below).
(b)Laurel Mountain Midstream, LLC is a midstream company formed as a joint venture among a wholly-owned subsidiary of EQT, Williams Companies Inc. and certain other energy companies, to provide natural gas gathering and processing services.