The Permian-focused midstream operator announced its strongest quarterly results in company history on August 5, with Adjusted EBITDA climbing to $280.8 million. Management also made a final investment decision in May on the $260 million Kings Landing II project, set to boost gas processing capacity by mid-2028, and secured new Gulf Coast access for residue gas starting in 2027. The company's net debt stood at $3.94 billion at quarter end, with 2026 capital expenditure guidance raised to approximately $560 million.