| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Gathering Systems | 699.1 | 613.6 | 470.1 | 202.9 | | | |
| Crude Oil Sales — Third Party | 281.2 | 189.8 | 141.5 | | | | |
| Midstream Services — Third Party | 94.2 | 96.2 | 78.5 | 18.4 | | | |
| Fresh Water Delivery | 65.5 | 90.2 | 88.6 | 86.8 | | | |
| Total revenues | 764.6 | 703.8 | 558.7 | 289.6 | 160.7 | 87.8 | 2.1 |
| Revenue growth [+] | 8.6% | 26.0% | 92.9% | 80.2% | 83.0% | 4110.8% | |
| Gathering Systems | 13.9% | 30.5% | 131.8% | | | | |
| Crude Oil Sales — Third Party | 48.2% | 34.1% | | | | | |
| Midstream Services — Third Party | -2.0% | 22.5% | 327.7% | | | | |
| Fresh Water Delivery | -27.3% | 1.7% | 2.1% | | | | |
| Cost of goods sold | 455.5 | 414.7 | 328.1 | 67.8 | 29.1 | 16.9 | 8.5 |
| Gross profit | 309.2 | 289.1 | 230.7 | 221.8 | 131.6 | 70.9 | -6.5 |
| Gross margin | 40.4% | 41.1% | 41.3% | 76.6% | 81.9% | 80.7% | -309.3% |
| Selling, general and administrative [+] | 24.7 | 25.8 | 25.9 | 14.8 | 9.9 | 2.8 | 6.7 |
| General and administrative | 24.7 | 25.8 | 25.9 | 14.8 | 9.9 | 2.8 | 6.7 |
| Other operating expenses | -87.7 | -117.2 | -93.7 | | | | |
| EBITDA [+] | 372.1 | 380.4 | 298.4 | 207.0 | 121.7 | 68.1 | -13.2 |
| EBITDA growth | -2.2% | 27.5% | 44.2% | 70.1% | 78.6% | -616.7% | |
| EBITDA margin | 48.7% | 54.1% | 53.4% | 71.5% | 75.7% | 77.6% | -632.1% |
| Depreciation | 73.3 | 64.7 | 79.6 | 23.0 | 9.1 | 6.9 | 11.3 |
| EBITA | 298.8 | 315.8 | 218.9 | 184.0 | 112.6 | 61.2 | -24.5 |
| EBITA margin | 39.1% | 44.9% | 39.2% | 63.5% | 70.1% | 69.7% | -1174.5% |
| Amortization of intangibles | 32.4 | 32.3 | | | | | |
| EBIT [+] | 266.4 | 283.5 | 218.9 | 184.0 | 112.6 | 61.2 | -24.5 |
| EBIT growth | -6.0% | 29.5% | 19.0% | 63.4% | 83.9% | -350.0% | |
| EBIT margin | 34.8% | 40.3% | 39.2% | 63.5% | 70.1% | 69.7% | -1174.5% |
| Non-recurring items [+] | 109.7 | | | | | | |
| Asset impairment | 109.7 | | | | | | |
| Interest income, net [+] | 8.3 | 1.5 | 5.8 | 4.7 | 1.2 | 0.0 | 0.2 |
| Interest expense | 26.6 | 16.2 | 10.4 | 1.6 | 3.4 | 4.6 | 3.6 |
| Interest income | 34.9 | 17.7 | 16.3 | 6.3 | 4.5 | 4.6 | 3.8 |
| Other income (expense), net | -69.8 | -35.5 | | | | | |
| Pre-tax income | 95.2 | 249.5 | 224.7 | 188.7 | 113.8 | 61.3 | -24.3 |
| Income taxes | 0.4 | 4.0 | 8.0 | 28.0 | 28.3 | 23.2 | -9.2 |
| Tax rate | 0.4% | 1.6% | 3.6% | 14.8% | 24.9% | 37.9% | 37.8% |
| Minority interest | -39.2 | 72.5 | 26.1 | 23.1 | 11.1 | | |
| Net income | 134.0 | 146.0 | 156.9 | 139.7 | 28.5 | 38.0 | -15.1 |
| Net margin | 17.5% | 20.7% | 28.1% | 48.2% | 17.7% | 43.3% | -723.4% |
| |
| Basic EPS [+] | $1.49 | $3.18 | $3.96 | $4.10 | $0.89 | | |
| Growth | -53.3% | -19.7% | -3.3% | 358.1% | | | |
| Diluted EPS [+] | $1.49 | $3.18 | $3.96 | $4.10 | $0.89 | | |
| Growth | -53.3% | -19.7% | -3.3% | 357.9% | | | |
| |
| Dividends per share [+] | $1.25 | $2.53 | $2.19 | $1.76 | | | |
| Growth | -50.5% | 15.2% | 24.8% | | | | |
| |
| Shares outstanding (basic) [+] | 90.2 | 45.9 | 39.6 | 34.1 | 31.8 | | |
| Growth | 96.5% | 15.9% | 16.1% | 7.2% | | | |
| Shares outstanding (diluted) [+] | 90.2 | 45.9 | 39.6 | 34.1 | 31.8 | | |
| Growth | 96.4% | 15.9% | 16.1% | 7.2% | | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |