Annual report pursuant to Section 13 and 15(d)

Additional Financial Statement Information (Tables)

v3.22.4
Additional Financial Statement Information (Tables)
12 Months Ended
Dec. 31, 2022
Additional Financial Statement Information  
Schedule of Other Balance Sheet information

(in thousands)

    

December 31, 

    

2022

2021

Other Receivables

Insurance and Third Party Receivables for Remediation Expenses

$

3,600

$

3,099

Reimbursable Projects and Other

754

1,027

Total Other Receivables

$

4,354

$

4,126

Prepaids and Deposits

Prepaid Insurance and Other

$

5,744

$

5,953

Deposits

61

90

Total Prepaids and Deposits

$

5,805

$

6,043

Accrued and Other Current Liabilities

Accrued Operating Expense

$

28,877

$

17,774

Accrued Capital Costs

16,161

4,603

Accrued Interest

8,262

7,625

Accrued Compensation

4,809

4,551

Dividends and Distributions Payable

52

3,847

Lease Liabilities

1,176

Asset Retirement Obligation

2,242

Other

3,832

2,064

Total Accrued and Other Current Liabilities

$

65,411

$

40,464

Other Long-Term Liabilities

Noncurrent Lease Liabilities

$

7,719

$

Contingent Consideration Liability

2,702

Other

1,336

Total Other Long-Term Liabilities

$

10,421

$

1,336

Schedule of Other Statement of Operations information

(in thousands)

Year Ended December 31, 

    

2022

    

2021

    

2020

Depreciation, Amortization and Accretion

Depreciation - Property, Plant and Equipment

$

30,254

$

27,880

$

23,388

Amortization - Intangible Assets

36,735

32,605

20,413

Accretion of Asset Retirement Obligations

535

282

226

Total Depreciation, Amortization and Accretion

$

67,524

$

60,767

$

44,027

Other Operating Expense

Loss (Gain) on Disposal of Asset, Net

$

478

$

275

$

133

Transaction Costs

1,520

335

3,389

Abandoned Projects (1)

72

2,047

2,125

Other

142

Total Other Operating Expense

$

2,212

$

2,657

$

5,647

Interest Expense, Net

Interest on Debt Instruments

$

31,609

$

26,221

$

10,711

Amortization of Financing Costs

2,440

2,043

783

Total Interest Expense

34,049

28,264

11,494

Less: Capitalized Interest

(4,864)

(2,791)

(3,820)

Total Interest Expense, Net

$

29,185

$

25,473

$

7,674

(1) Abandoned projects expense is related primarily to expirations of legacy permits and rights-of-way for projects that were not ultimately constructed.
Schedule of Significant Customers

Year Ended December 31, 

    

2022

    

2021

    

2020

    

ConocoPhillips

34

%

46

%

38

%

Mewbourne Oil Company

12

%

**

%

**

%

Chevron U.S.A. Inc.

11

%

**

%

**

%

Oxy USA Inc.

**

%

10

%

15

%

XTO Energy Inc.

**

%

**

%

10

%

**

Revenue was less than 10% of total revenue.

Schedule of Significant non-cash activity

Non-Cash Item

Location

Cash Paid for Interest

Consolidated Statements of Cash Flows

Cash Paid for Income Taxes

Consolidated Statements of Cash Flows

Non-Cash Investing and Financing Activities

Accretion and Dividend Related to Redeemable Preferred Units

Consolidated Statements of Stockholders' and Members' Equity

Shares of Class A Common Stock Issued in Acquisition

Note 4. Acquisitions

Accrued Additions to Property, Plant and Equipment

Note 5. Property, Plant and Equipment

Asset Retirement Obligations

Note 7. Asset Retirement Obligations

Increase in TRA Liability Related to Share Redemption

Note 8. TRA Liability

Right-of-Use Assets Obtained in Exchange for Operating Lease Liabilities, Net

Note 10. Leases