Non-Current Assets

Property, plant and equipment at cost

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A steady increase reflects ongoing capital investment and the expansion of the utility's asset base.

Detailed definition

This is the total historical cost of all tangible property, plant, and equipment owned by the utility before accounting...

Peer comparison

A primary metric for comparing the scale and capital intensity of regulated utilities.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Business Segments — Natural Gas & NGL Services

View all
SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Natural Gas & NGL Services$15.22B$15.30B$15.48B$17.44B$17.95B$18.46B
Crude Oil and Products Logistics$13.19B$13.37B$13.53B$13.68B$13.81B$13.90B
Total

Business Segments — Gathering and Processing

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Gathering and Processing$13.50B$13.61B$13.71B$13.84B$14.61B$14.85B$14.94B$15.09B
Logistics and Storage$12.42B$12.48B$12.58B$12.63B$12.78B$12.84B$12.92B$13.04B
Total

Gathering and Processing, Logistics and Storage were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What does property, plant and equipment at cost mean?
The total original cost of all physical utility assets before subtracting depreciation.