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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2026
Aris  
Business Combination [Line Items]  
Acquisition-Date Fair Value Table
The following is the preliminary acquisition-date fair value for the assets acquired and liabilities assumed in the Aris acquisition. Measurement period adjustments recorded during the three months ended March 31, 2026, resulted in a $5.6 million reduction to goodwill. The preliminary fair values are subject to change within the measurement period (up to one year from the acquisition date), pending a final determination of the values assigned to tangible and identifiable intangible assets of approximately $10.0 million.

thousands
Assets acquired:
Cash and cash equivalents$46,362 
Accounts receivable, net90,240 
Other current assets9,627 
Property, plant, and equipment1,460,748 
Goodwill
342,860 
Other intangible assets
298,844 
Other assets16,706 
Total assets acquired2,265,387 
Liabilities assumed:
Accounts payable and accrued liabilities
6,683 
Other current liabilities153,173 
Long-term debt
531,675 
Asset retirement obligation52,020 
Other liabilities94,651 
Total liabilities assumed
838,202 
Net assets acquired$1,427,185