Segment Information - Summarized Financial Information by Reportable Segment (Details) - USD ($)
$ in Millions |
3 Months Ended |
Mar. 31, 2024 |
Mar. 31, 2023 |
| Segment Reporting |
|
|
| Revenue from contracts with customers |
$ 1,676.9
|
$ 1,755.6
|
| Realized gain (loss) on derivatives |
(2.9)
|
13.3
|
| Change in fair value of derivatives |
(26.1)
|
(1.4)
|
| Total revenues |
1,647.9
|
1,767.5
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
(1,150.4)
|
(1,271.9)
|
| Adjusted gross margin |
497.5
|
495.6
|
| Operating expenses |
(152.6)
|
(132.4)
|
| Segment profit |
344.9
|
363.2
|
| Depreciation and amortization |
(165.3)
|
(160.4)
|
| Gross margin |
179.6
|
202.8
|
| Impairments |
(14.2)
|
0.0
|
| Gain on disposition of assets |
1.7
|
0.4
|
| General and administrative |
(55.2)
|
(29.5)
|
| Interest expense, net of interest income |
(65.4)
|
(68.5)
|
| Loss from unconsolidated affiliate investments |
(0.8)
|
(0.1)
|
| Other income |
0.5
|
0.0
|
| Income before non-controlling interest and income taxes |
46.2
|
105.1
|
| Capital expenditures |
103.4
|
114.1
|
| Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
754.2
|
598.9
|
| Realized gain (loss) on derivatives |
(6.8)
|
(4.0)
|
| Change in fair value of derivatives |
(2.4)
|
6.3
|
| Total revenues |
745.0
|
601.2
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
(582.1)
|
(457.1)
|
| Adjusted gross margin |
162.9
|
144.1
|
| Operating expenses |
(73.9)
|
(48.1)
|
| Segment profit |
89.0
|
96.0
|
| Depreciation and amortization |
(43.6)
|
(40.0)
|
| Gross margin |
45.4
|
56.0
|
| Impairments |
0.0
|
|
| Gain on disposition of assets |
0.0
|
0.0
|
| General and administrative |
0.0
|
0.0
|
| Interest expense, net of interest income |
0.0
|
0.0
|
| Loss from unconsolidated affiliate investments |
0.0
|
0.0
|
| Other income |
0.0
|
|
| Income before non-controlling interest and income taxes |
45.4
|
56.0
|
| Capital expenditures |
48.6
|
56.7
|
| Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
939.8
|
1,105.7
|
| Realized gain (loss) on derivatives |
6.4
|
7.2
|
| Change in fair value of derivatives |
(19.5)
|
(9.0)
|
| Total revenues |
926.7
|
1,103.9
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
(789.5)
|
(973.9)
|
| Adjusted gross margin |
137.2
|
130.0
|
| Operating expenses |
(26.8)
|
(33.6)
|
| Segment profit |
110.4
|
96.4
|
| Depreciation and amortization |
(35.1)
|
(38.3)
|
| Gross margin |
75.3
|
58.1
|
| Impairments |
0.0
|
|
| Gain on disposition of assets |
1.7
|
0.1
|
| General and administrative |
0.0
|
0.0
|
| Interest expense, net of interest income |
0.0
|
0.0
|
| Loss from unconsolidated affiliate investments |
0.0
|
0.0
|
| Other income |
0.0
|
|
| Income before non-controlling interest and income taxes |
77.0
|
58.2
|
| Capital expenditures |
31.6
|
12.3
|
| Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
264.6
|
312.8
|
| Realized gain (loss) on derivatives |
(1.0)
|
2.0
|
| Change in fair value of derivatives |
(4.1)
|
(1.4)
|
| Total revenues |
259.5
|
313.4
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
(147.8)
|
(194.0)
|
| Adjusted gross margin |
111.7
|
119.4
|
| Operating expenses |
(26.0)
|
(24.7)
|
| Segment profit |
85.7
|
94.7
|
| Depreciation and amortization |
(56.5)
|
(51.9)
|
| Gross margin |
29.2
|
42.8
|
| Impairments |
0.0
|
|
| Gain on disposition of assets |
0.0
|
0.2
|
| General and administrative |
0.0
|
0.0
|
| Interest expense, net of interest income |
0.0
|
0.0
|
| Loss from unconsolidated affiliate investments |
0.0
|
0.0
|
| Other income |
0.0
|
|
| Income before non-controlling interest and income taxes |
29.2
|
43.0
|
| Capital expenditures |
11.8
|
25.7
|
| North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
168.6
|
180.9
|
| Realized gain (loss) on derivatives |
(1.5)
|
8.1
|
| Change in fair value of derivatives |
(0.1)
|
2.7
|
| Total revenues |
167.0
|
191.7
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
(81.3)
|
(89.6)
|
| Adjusted gross margin |
85.7
|
102.1
|
| Operating expenses |
(25.9)
|
(26.0)
|
| Segment profit |
59.8
|
76.1
|
| Depreciation and amortization |
(28.5)
|
(28.8)
|
| Gross margin |
31.3
|
47.3
|
| Impairments |
(14.2)
|
|
| Gain on disposition of assets |
0.0
|
0.1
|
| General and administrative |
0.0
|
0.0
|
| Interest expense, net of interest income |
0.0
|
0.0
|
| Loss from unconsolidated affiliate investments |
0.0
|
0.0
|
| Other income |
0.0
|
|
| Income before non-controlling interest and income taxes |
17.1
|
47.4
|
| Capital expenditures |
10.5
|
18.1
|
| Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(450.3)
|
(442.7)
|
| Realized gain (loss) on derivatives |
0.0
|
0.0
|
| Change in fair value of derivatives |
0.0
|
0.0
|
| Total revenues |
(450.3)
|
(442.7)
|
| Cost of sales, exclusive of operating expenses and depreciation and amortization |
450.3
|
442.7
|
| Adjusted gross margin |
0.0
|
0.0
|
| Operating expenses |
0.0
|
0.0
|
| Segment profit |
0.0
|
0.0
|
| Depreciation and amortization |
(1.6)
|
(1.4)
|
| Gross margin |
(1.6)
|
(1.4)
|
| Impairments |
0.0
|
|
| Gain on disposition of assets |
0.0
|
0.0
|
| General and administrative |
(55.2)
|
(29.5)
|
| Interest expense, net of interest income |
(65.4)
|
(68.5)
|
| Loss from unconsolidated affiliate investments |
(0.8)
|
(0.1)
|
| Other income |
0.5
|
|
| Income before non-controlling interest and income taxes |
(122.5)
|
(99.5)
|
| Capital expenditures |
0.9
|
1.3
|
| Product sales |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
1,405.0
|
1,476.3
|
| Product sales | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
434.2
|
316.4
|
| Product sales | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
887.7
|
1,046.3
|
| Product sales | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
62.7
|
100.1
|
| Product sales | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
20.4
|
13.5
|
| Product sales | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Natural gas sales |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
281.5
|
342.4
|
| Natural gas sales | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
104.2
|
129.3
|
| Natural gas sales | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
119.6
|
131.8
|
| Natural gas sales | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
32.8
|
66.8
|
| Natural gas sales | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
24.9
|
14.5
|
| Natural gas sales | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL sales |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
755.7
|
865.9
|
| NGL sales | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(6.6)
|
0.4
|
| NGL sales | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
768.1
|
857.9
|
| NGL sales | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(1.0)
|
8.6
|
| NGL sales | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(4.8)
|
(1.0)
|
| NGL sales | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
367.5
|
268.0
|
| Crude oil and condensate sales | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
336.6
|
186.7
|
| Crude oil and condensate sales | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
56.6
|
| Crude oil and condensate sales | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
30.9
|
24.7
|
| Crude oil and condensate sales | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Other |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.3
|
|
| Other | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Other | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Other | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Other | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.3
|
|
| Other | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Product sales—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Product sales—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
257.6
|
237.5
|
| Product sales—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
9.6
|
4.4
|
| Product sales—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
108.7
|
118.0
|
| Product sales—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
73.9
|
82.2
|
| Product sales—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(449.8)
|
(442.1)
|
| Product sales, Natural gas sales—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Product sales, Natural gas sales—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Product sales, Natural gas sales—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.1
|
|
| Product sales, Natural gas sales—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Product sales, Natural gas sales—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
|
| Product sales, Natural gas sales—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(0.1)
|
|
| NGL sales—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL sales—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
257.6
|
237.5
|
| NGL sales—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
9.5
|
4.4
|
| NGL sales—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
108.7
|
118.0
|
| NGL sales—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
70.6
|
79.5
|
| NGL sales—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(446.4)
|
(439.4)
|
| Crude oil and condensate sales—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude oil and condensate sales—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
3.3
|
2.7
|
| Crude oil and condensate sales—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(3.3)
|
(2.7)
|
| Midstream services |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
271.9
|
279.3
|
| Midstream services | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
62.4
|
45.0
|
| Midstream services | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
42.5
|
55.0
|
| Midstream services | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
93.2
|
94.7
|
| Midstream services | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
73.8
|
84.6
|
| Midstream services | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Gathering and transportation |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
165.5
|
150.2
|
| Gathering and transportation | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
39.7
|
23.3
|
| Gathering and transportation | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
24.4
|
20.0
|
| Gathering and transportation | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
55.8
|
54.8
|
| Gathering and transportation | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
45.6
|
52.1
|
| Gathering and transportation | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Processing |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
78.8
|
81.7
|
| Processing | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
17.0
|
14.0
|
| Processing | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.6
|
0.3
|
| Processing | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
33.6
|
35.3
|
| Processing | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
27.6
|
32.1
|
| Processing | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
17.4
|
27.8
|
| NGL services | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
17.3
|
27.8
|
| NGL services | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.1
|
0.0
|
| NGL services | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Crude services |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
7.8
|
17.2
|
| Crude services | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
3.8
|
6.0
|
| Crude services | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.1
|
6.5
|
| Crude services | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
3.7
|
4.5
|
| Crude services | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.2
|
0.2
|
| Crude services | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Other services |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
2.4
|
2.4
|
| Other services | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
1.9
|
1.7
|
| Other services | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.1
|
0.4
|
| Other services | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.1
|
0.1
|
| Other services | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.3
|
0.2
|
| Other services | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Midstream services—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Midstream services—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Midstream services—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Midstream services—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| Midstream services—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.5
|
0.6
|
| Midstream services—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
(0.5)
|
(0.6)
|
| NGL services—related parties |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services—related parties | Permian |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services—related parties | Louisiana |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services—related parties | Oklahoma |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.0
|
0.0
|
| NGL services—related parties | North Texas |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
0.5
|
0.6
|
| NGL services—related parties | Corporate |
|
|
| Segment Reporting |
|
|
| Revenue from contracts with customers |
$ (0.5)
|
$ (0.6)
|