| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Revenues: |
| Midstream Services | | | | 172.7 | | |
| Real Estate Operations | | | | 11.8 | | |
| Revenues—related party | | | | 169.4 | | |
| Revenues—third party | | | | 3.3 | | |
| Total revenues | 396.3 | 423.9 | 447.7 | 184.5 | 39.3 | 10.6 |
| Revenue growth | -6.5% | -5.3% | 142.7% | 369.4% | 270.5% | |
| Cost of goods sold | 102.9 | 131.4 | 106.3 | 106.3 | 10.6 | 2.5 |
| Gross profit | 293.4 | 292.5 | 341.4 | 78.2 | 28.7 | 8.1 |
| Gross margin | 74.0% | 69.0% | 76.3% | 42.4% | 73.1% | 76.3% |
| Selling, general and administrative [+] | 21.6 | 16.4 | 12.7 | 2.0 | 1.3 | 0.2 |
| General and administrative | | | | | | 0.2 |
| Equity in earnings | -14.8 | 9.9 | 6.3 | | 1.4 | 0.7 |
| Other operating expenses | 40.7 | 41.5 | 64.0 | -34.4 | | 0.9 |
| EBITDA [+] | 216.3 | 244.6 | 271.1 | 110.6 | 28.8 | |
| EBITDA growth | -11.6% | -9.8% | 145.1% | 283.5% | 275.1% | |
| EBITDA margin | 54.6% | 57.7% | 60.5% | 60.0% | 73.4% | 72.5% |
| Depreciation and amortization | 49.2 | 53.1 | 42.3 | 25.1 | 3.5 | |
| EBIT [+] | 167.1 | 191.4 | 228.7 | 85.5 | 25.4 | 7.7 |
| EBIT growth | -12.7% | -16.3% | 167.6% | 237.1% | 229.8% | |
| EBIT margin | 42.2% | 45.2% | 51.1% | 46.3% | 64.5% | 72.5% |
| Non-recurring items [+] | 13.3 | -0.5 | 3.0 | 5.2 | | |
| Asset impairment | 3.4 | 0.9 | | | | |
| Loss (gain) on sale of assets | 5.0 | -0.7 | 1.5 | 2.6 | | |
| Loss (gain) on disposal of assets | 5.0 | -0.7 | 1.5 | 2.6 | | |
| Interest expense | 32.1 | 17.3 | 1.0 | | | |
| Interest expense | 32.1 | 17.3 | 1.0 | | | |
| Other income (expense), net [+] | 52.6 | -19.8 | -12.7 | | | |
| Gain (loss) on sale of assets | 23.0 | | | | | |
| Pre-tax income | 174.3 | 154.9 | 212.0 | 80.3 | 25.4 | 7.7 |
| Income taxes | 10.5 | 10.2 | 26.3 | 17.4 | 4.7 | 2.8 |
| Tax rate | 6.0% | 6.6% | 12.4% | 21.6% | 18.5% | 35.9% |
| Minority interest | 127.0 | 110.0 | 90.9 | | | |
| Net income | 36.8 | 34.7 | 94.8 | 63.0 | 20.7 | 4.9 |
| Net margin | 9.3% | 8.2% | 21.2% | 34.1% | 52.6% | 46.5% |
| |
| Basic EPS [+] | $0.90 | $0.79 | $2.17 | | | |
| Growth | 14.0% | -63.5% | | | | |
| Diluted EPS [+] | $0.90 | $0.79 | $2.17 | | | |
| Growth | 14.0% | -63.5% | | | | |
| |
| Dividends per share [+] | $2.39 | $2.64 | $17.50 | | | |
| Growth | -9.6% | -84.9% | | | | |
| |
| Shares outstanding (basic) [+] | 40.7 | 43.7 | 43.6 | | | |
| Growth | -7.0% | 0.3% | | | | |
| Shares outstanding (diluted) [+] | 40.7 | 43.7 | 43.6 | | | |
| Growth | -7.0% | 0.3% | | | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |