CompanyGraph
What stands out
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 5 outgoing, 5 incoming connections
- ScaleRevenue is $39.58B, higher than 95% of all stocks globally
- PositionReturn on equity is -0.1%, lower than 95% of its Oil & Gas Midstream peers (median 13%)
- Interpretations1 currently firing — 1
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are flow businesses; this one is a production business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
5.27%
Annual Rate
USD 4.01Paid quarterly
Payout Ratio
31.1%Sustainable
Paying Dividends
1 yr
Payback Period
25.8 yr
Last Ex-Dividend
Aug 7, 2026
Last Payment
Aug 19, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
3.93BUSDvs all stocks (USD)
Revenue (TTM)
39.58BUSDvs all stocks (USD)
52-Week Change
52.80%vs all stocks
Forward Annual Dividend Yield
5.27%vs all stocks
Market Capitalization
3.93BUSDvs all stocks (USD)
Enterprise Value
23.76BUSDvs all stocks (USD)
Forward P/E
6.19xvs Oil & Gas Midstream peers
Price to Sales (TTM)
0.0993xvs Oil & Gas Midstream peers
Price to Book (MRQ)
1.54xvs Oil & Gas Midstream peers
Enterprise to Revenue
0.6000xvs Oil & Gas Midstream peers
Enterprise to EBITDA
8.41xvs Oil & Gas Midstream peers
Gross Margin
54.14%vs Oil & Gas Midstream peers
Operating Margin
4.11%vs Oil & Gas Midstream peers
Return on Assets (TTM)
-0.02%vs Oil & Gas Midstream peers
Return on Equity (TTM)
-0.06%vs Oil & Gas Midstream peers
Revenue (TTM)
39.58BUSDvs all stocks (USD)
Revenue per Share (TTM)
768.31USDUpdated Sep 28, 2026Quarterly Revenue Growth
164.50%vs Oil & Gas Midstream peers
Gross Profit (TTM)
4.72BUSDvs all stocks (USD)
EBITDA (TTM)
1.84BUSDvs all stocks (USD)
Net Income (TTM)
-149.00MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-54.70%vs Oil & Gas Midstream peers
Operating Cash Flow (TTM)
2.35BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-5.00MUSDvs all stocks (USD)
Forward Annual Dividend Rate
4.01USDUpdated Sep 28, 2026Forward Annual Dividend Yield
5.27%vs all stocks
Trailing Annual Dividend Rate
2.92USDUpdated Sep 28, 2026Trailing Annual Dividend Yield
3.85%vs all stocks
Payout Ratio
31.13%vs Oil & Gas Midstream peers
Minority Interest (Equity)
5.48BUSDFY2025 · Dec 31, 2025Revenue
25.20BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
23.10BUSDFY2025 · Dec 31, 2025Gross Profit
2.10BUSDFY2025 · Dec 31, 2025Operating Income
929.00MUSDvs all stocks (USD)
Pre-tax Income
589.00MUSDFY2025 · Dec 31, 2025Income Tax Expense
58.00MUSDFY2025 · Dec 31, 2025Net Income
64.00MUSDFY2025 · Dec 31, 2025EBIT
1.13BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.84BUSDFY2025 · Dec 31, 2025Selling, General & Administrative
410.00MUSDFY2025 · Dec 31, 2025Other Operating Expenses
765.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
541.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.1000USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.1000USDFY2025 · Dec 31, 2025Basic Shares Outstanding
51.52MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
51.52MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
531.00MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-69.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
1.49BUSDFY2025 · Dec 31, 2025Free Cash Flow
1.46BUSDDerived from operating cash flow minus capital expenditure. This filing charges 683M of depreciation against 28M of capital expenditure, and its own free-cash-flow line reads 615M.FY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
891.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
531.00MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
683.00MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
34.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
19.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
222.00MUSDFY2025 · Dec 31, 2025Capital Expenditures
28.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
-2.33BUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-2.30BUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
5.06BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-3.40BUSDFY2025 · Dec 31, 2025Common Stock Repurchase
0.00USDFY2025 · Dec 31, 2025Common Dividends Paid
-657.00MUSDFY2025 · Dec 31, 2025Other Financing Charges
-57.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
2.41BUSDFY2025 · Dec 31, 2025Shares Outstanding
51.52MSharesUpdated Sep 28, 2026Float Shares
51.50MSharesUpdated Sep 28, 2026Shares Short
2.21MSharesUpdated Sep 28, 2026Short Ratio
4.24daysvs all stocks
Short % of Shares Outstanding
4.30%vs all stocks
% Held by Insiders
0.05%vs all stocks
% Held by Institutions
78.48%vs all stocks
Total Cash (MRQ)
773.00MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
15.01USDUpdated Sep 28, 2026Total Debt (MRQ)
14.84BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.79xvs Oil & Gas Midstream peers
Current Ratio (MRQ)
1.29xvs Oil & Gas Midstream peers
Book Value per Share (MRQ)
49.44USDUpdated Sep 28, 2026Total Assets
28.36BUSDvs all stocks (USD)
Total Current Assets
5.52BUSDFY2025 · Dec 31, 2025Total Liabilities
20.35BUSDFY2025 · Dec 31, 2025Total Non-current Assets
22.85BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
16.35BUSDFY2025 · Dec 31, 2025Total Current Liabilities
4.00BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
891.00MUSDFY2025 · Dec 31, 2025Accounts Receivable
1.97BUSDFY2025 · Dec 31, 2025Inventory
2.38BUSDFY2025 · Dec 31, 2025Accounts Payable
2.48BUSDFY2025 · Dec 31, 2025Short-term Debt
228.00MUSDFY2025 · Dec 31, 2025Long-term Debt
14.63BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
512.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
2.54BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
8.01BUSDvs all stocks (USD)
52-Week Low
47.00USDUpdated Sep 28, 202652-Week High
83.50USDUpdated Sep 28, 202652-Week Change
52.80%vs all stocks
50-Day MA
76.94USDUpdated Sep 28, 2026200-Day MA
64.69USDUpdated Sep 28, 2026Avg 10-Day Volume
448.09KSharesUpdated Sep 28, 2026Avg 30-Day Volume
507.16KSharesUpdated Sep 28, 2026Diluted EPS (TTM)
6.17USDUpdated Sep 28, 2026Other Income / Expense
201.00MUSDFY2025 · Dec 31, 20251 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Debt Financing Activity
More cash moved through borrowing and repaying than through the business itself, and most of its debt is long-term.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Return on equity is -0.1%, lower than 95% of its Oil & Gas Midstream peers (median 13%)Significant
Return on equity: -0.00Industry median: 0.13Industry P5: 0.01Peers compared: 25.00
Return on assets is 0%, lower than 95% of its Oil & Gas Midstream peers (median 8%)Significant
Return on assets: -0.00Industry median: 0.08Industry P5: 0.01Peers compared: 25.00
Structural Tensions
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 56.00Share on the common pattern %: 96.00
Financial Health
Altman Z-Score 1.2: grey zoneSignificant
Altman Z-Score: 1.20
Supply Chain
Midstream position: 5 outgoing, 5 incoming connectionsNotable
Outgoing: 5.00Incoming: 5.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Revenue is $39.58B, higher than 95% of all stocks globallySignificant
Revenue (USD): 39,580,999,680Global P95: 15,395,310,855.045
Market cap is $3.93B, above the global median of $1.2BNotable
Market cap (USD): 3,929,731,863Global Median: 1,201,862,193
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Companies that share active interpretations — structural patterns currently present in both stocks.
Fair Isaac Corporation
1 interpretationDebt Financing Activity
Flex LNG Ltd.
1 interpretationDebt Financing Activity
Freddie Mac
1 interpretationDebt Financing Activity
Supply Chain
Liquefied Natural Gas Supply Chain
Follow gas from reservoir to processing, liquefaction, cryogenic storage, ocean transport, regasification, pipeline delivery, use, and retirement. LNG preserves a molecule across distance, but each handoff can spend energy, capacity, money, and evidence.
Natural Gas Pipeline Supply Chain
Follow gas from wells through gathering, processing, transmission, compression, storage, distribution, meters, use, and retirement. Gas abundance, nominations, and storage inventories do not by themselves establish that a particular burner will receive fuel during a disturbance.
Oil and Gas Supply Chain
Follow oil and gas from reservoir through wells, separation, divergent transport and processing routes, use, emissions, and abandonment. A resource estimate or barrel count does not establish the particular fuel, molecule, pressure, timing, or waste route a user needs.