Annual report [Section 13 and 15(d), not S-K Item 405]

Business Segments - Summary of Financial Information for Reportable Segments (Details)

v3.25.0.1
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Total revenues $ 2,190.9 $ 2,630.0 $ 2,425.6
Cost of revenues, exclusive of depreciation, depletion and amortization 1,495.1 1,740.1 1,456.8
Other expense (income) 27.1 29.5 15.3
Adjusted EBITDA 501.1 688.4 811.2
Depreciation, depletion and amortization 442.2 438.4 267.3
Cash and cash equivalents 14.8 25.3  
Total current assets 574.1 638.1  
Property, plant, and equipment net 1,761.2 1,779.0  
Total assets 2,988.1 3,070.7  
Current portion of long-term debt 164.6 126.4  
Long-term debt 944.4 942.1  
Total liabilities 1,848.5 1,742.1  
Services      
Segment Reporting Information [Line Items]      
Total revenues 1,886.7 2,274.2 2,341.5
Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 304.2 355.8 84.1
Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 2,190.9 2,630.0 2,425.6
Cost of revenues, exclusive of depreciation, depletion and amortization 1,495.1 1,740.1 1,456.8
Selling, general and administrative, excluding stock-based compensation 197.3 203.8 157.6
Other expense (income) 2.6 (2.3) 0.0
Adjusted EBITDA 501.1 688.4 811.2
Depreciation, depletion and amortization 442.2 438.4 267.3
Investment in property, plant & equipment 255.0 267.0 356.2
Cash and cash equivalents 14.8 25.3  
Total current assets 574.1 638.1  
Property, plant, and equipment net 1,761.2 1,779.0  
Total assets 2,988.1 3,070.7  
Current portion of long-term debt 164.6 126.4  
Long-term debt 944.4 942.1  
Total liabilities 1,848.5 1,742.1  
Reportable Segments | External Customers | Services      
Segment Reporting Information [Line Items]      
Total revenues 1,886.7 2,274.2 2,341.5
Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 304.2 355.8  
Eliminations      
Segment Reporting Information [Line Items]      
Total revenues (388.3) (413.6) (291.6)
Cost of revenues, exclusive of depreciation, depletion and amortization (380.3) (413.6) (291.6)
Adjusted EBITDA (8.0)    
Depreciation, depletion and amortization (0.7)    
Investment in property, plant & equipment (4.7)    
Total current assets (314.8) (224.2)  
Property, plant, and equipment net (4.1)    
Total assets (1,545.5) (1,005.9)  
Total liabilities (631.7) (145.1)  
Eliminations | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues (388.3) (413.6) (291.6)
Stimulation Services      
Segment Reporting Information [Line Items]      
Total assets   23.4 53.6
Stimulation Services | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 1,914.4 2,291.2 2,348.7
Cost of revenues, exclusive of depreciation, depletion and amortization 1,394.8 1,668.9 1,451.3
Selling, general and administrative, excluding stock-based compensation 123.6 147.0 122.6
Other expense (income) 2.7 (2.1) (0.7)
Adjusted EBITDA 398.7 477.4 775.5
Depreciation, depletion and amortization 348.5 363.0 246.4
Investment in property, plant & equipment 216.8 221.8 297.8
Cash and cash equivalents 8.7 1.3  
Total current assets 466.9 445.8  
Property, plant, and equipment net 839.3 881.6  
Total assets 2,911.3 2,483.9  
Current portion of long-term debt 87.5 46.2  
Long-term debt 649.1 611.2  
Total liabilities 1,891.4 1,404.5  
Stimulation Services | Reportable Segments | External Customers | Services      
Segment Reporting Information [Line Items]      
Total revenues 1,886.7 2,274.2 2,341.5
Stimulation Services | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 27.7 17.0 7.2
Proppant Production | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 246.5 383.3 90.0
Cost of revenues, exclusive of depreciation, depletion and amortization 137.6 171.6 40.7
Selling, general and administrative, excluding stock-based compensation 23.3 13.8 3.2
Other expense (income)   (0.2) 0.4
Adjusted EBITDA 85.6 198.1 45.7
Depreciation, depletion and amortization 77.8 68.1 14.2
Investment in property, plant & equipment 23.5 40.9 52.5
Cash and cash equivalents   17.7  
Total current assets 71.4 181.2  
Property, plant, and equipment net 817.6 859.8  
Total assets 929.5 1,160.1  
Current portion of long-term debt 65.5   71.6
Long-term debt 278.0   328.2
Total liabilities 124.2 225.7  
Proppant Production | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 181.5 270.2 33.9
Proppant Production | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 65.0 113.1 56.1
Manufacturing | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 222.8 176.1 166.7
Cost of revenues, exclusive of depreciation, depletion and amortization 190.5 147.0 137.9
Selling, general and administrative, excluding stock-based compensation 24.6 14.6 14.4
Other expense (income) (0.1)   0.1
Adjusted EBITDA 7.6 14.5 14.3
Depreciation, depletion and amortization 13.8 4.2 4.7
Investment in property, plant & equipment 8.6 3.3 5.5
Cash and cash equivalents 1.7 0.4  
Total current assets 255.3 164.7  
Property, plant, and equipment net 82.5 19.8  
Total assets 443.2 243.9  
Current portion of long-term debt 6.8    
Long-term debt 17.3 2.6  
Total liabilities 360.7 201.5  
Manufacturing | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 50.8 19.0 13.1
Manufacturing | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 172.0 157.1 153.6
Other | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 195.5 193.0 111.8
Cost of revenues, exclusive of depreciation, depletion and amortization 152.5 166.2 118.5
Selling, general and administrative, excluding stock-based compensation 25.8 28.4 17.4
Other expense (income)   0.0 0.2
Adjusted EBITDA 17.2 (1.6) (24.3)
Depreciation, depletion and amortization 2.8 3.1 2.0
Investment in property, plant & equipment 10.8 1.0 0.4
Cash and cash equivalents 4.4 5.9  
Total current assets 95.3 70.6  
Property, plant, and equipment net 25.9 17.8  
Total assets 249.6 188.7  
Current portion of long-term debt 4.8   7.6
Long-term debt     0.1
Total liabilities 103.9 55.5  
Other | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 71.9 66.6 37.1
Other | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues $ 123.6 $ 126.4 $ 74.7