v3.25.4
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents a disaggregation of the Company’s revenue:
For the Year Ended December 31,
202520242023
(In thousands)
Gathering and processing services$445,496 $408,000 $417,751 
Natural gas, NGLs and condensate sales1,307,228 1,062,986 822,410 
Other revenue11,665 11,943 16,251 
   Total revenues
$1,764,389 $1,482,929 $1,256,412 
Schedule of Remaining Performance Obligation, Expected Timing of Satisfaction
The following table presents our estimated revenue from contracts with customers for remaining performance obligations that has not yet been recognized, representing our contractually committed revenues as of December 31, 2025:
Fiscal YearAmount
(In thousands)
2026$52,563 
202770,923 
202876,098 
202973,500 
203088,896 
Thereafter87,532 
$449,512 
Schedule of Contract with Customer, Contract Liability
The following provides information about contract liabilities from contracts with customers:
(In thousands)20252024
Balance as of January 1$26,665 $32,238 
Reclassification of beginning contract liabilities to revenue as a result of performance obligations being satisfied(8,662)(7,003)
Cash received in advance and not recognized as revenue18,629 1,430 
Balance as of December 3136,632 26,665 
Less: Current portion5,673 5,680 
Non-current portion$30,959 $20,985