Quarterly report [Sections 13 or 15(d)]

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

v3.25.1
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
Total revenues $ 600.3 $ 581.5  
Cost of revenues, exclusive of depreciation, depletion and amortization 419.4 373.7  
Other expense (income) 5.2 4.3  
Adjusted EBITDA 129.5 159.9  
Depreciation, depletion and amortization 106.0 112.8  
Cash and cash equivalents 16.0   $ 14.8
Total current assets 669.8   574.1
Property, plant, and equipment, net 1,713.8   1,761.2
Total assets 3,020.9   2,988.1
Current portion of long-term debt 146.8   159.6
Long-term debt 975.0   944.4
Total liabilities 1,896.8   1,848.5
Services      
Segment Reporting Information [Line Items]      
Total revenues 523.9 505.4  
Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 76.4 76.1  
Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 600.3 581.5  
Cost of revenues, exclusive of depreciation, depletion and amortization 419.4 373.7  
Selling, general and administrative, excluding stock-based compensation 52.5 48.5  
Other expense (income) (1.1) (0.6)  
Adjusted EBITDA 129.5 159.9  
Depreciation, depletion and amortization 106.0 112.8  
Investment in property, plant & equipment 52.5 59.9  
Cash and cash equivalents 16.0   14.8
Total current assets 669.8   574.1
Property, plant, and equipment, net 1,713.8   1,761.2
Total assets 3,020.9   2,988.1
Current portion of long-term debt 151.8   164.6
Long-term debt 975.0   944.4
Total liabilities 1,896.8   1,848.5
Reportable Segments | External Customers | Services      
Segment Reporting Information [Line Items]      
Total revenues 523.9 505.4  
Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 76.4 76.1  
Eliminations      
Segment Reporting Information [Line Items]      
Total revenues (119.5) (98.7)  
Cost of revenues, exclusive of depreciation, depletion and amortization (114.4) (97.0)  
Adjusted EBITDA (5.1) (1.7)  
Depreciation, depletion and amortization (0.9)    
Investment in property, plant & equipment (3.9)    
Total current assets (350.9)   (314.8)
Property, plant, and equipment, net (7.2)   (4.1)
Total assets (1,613.2)   (1,545.5)
Total liabilities (694.8)   (631.7)
Eliminations | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues (119.5) (98.7)  
Stimulation Services | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 524.5 517.3  
Cost of revenues, exclusive of depreciation, depletion and amortization 387.8 362.8  
Selling, general and administrative, excluding stock-based compensation 33.1 29.9  
Other expense (income) (1.0) (0.6)  
Adjusted EBITDA 104.6 125.2  
Depreciation, depletion and amortization 82.4 92.9  
Investment in property, plant & equipment 51.3 52.7  
Cash and cash equivalents 4.7   8.7
Total current assets 568.2   466.9
Property, plant, and equipment, net 812.4   839.3
Total assets 3,003.0   2,911.3
Current portion of long-term debt 82.0   87.5
Long-term debt 695.8   649.1
Total liabilities 1,986.1   1,891.4
Stimulation Services | Reportable Segments | External Customers | Services      
Segment Reporting Information [Line Items]      
Total revenues 523.8 505.4  
Stimulation Services | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 0.7 11.9  
Proppant Production | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 67.3 77.7  
Cost of revenues, exclusive of depreciation, depletion and amortization 43.2 42.1  
Selling, general and administrative, excluding stock-based compensation 5.8 7.2  
Adjusted EBITDA 18.3 28.4  
Depreciation, depletion and amortization 19.2 18.0  
Investment in property, plant & equipment 3.7 6.4  
Cash and cash equivalents 3.0    
Total current assets 61.5   71.4
Property, plant, and equipment, net 803.5   817.6
Total assets 904.3   929.5
Current portion of long-term debt 65.6   65.5
Long-term debt 262.7   278.0
Total liabilities 112.9   124.2
Proppant Production | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 43.3 53.3  
Proppant Production | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 24.0 24.4  
Manufacturing | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 65.8 43.5  
Cost of revenues, exclusive of depreciation, depletion and amortization 55.3 33.8  
Selling, general and administrative, excluding stock-based compensation 6.5 5.3  
Adjusted EBITDA 4.0 4.4  
Depreciation, depletion and amortization 4.6 1.1  
Investment in property, plant & equipment   0.6  
Cash and cash equivalents 1.7   1.7
Total current assets 295.7   255.3
Property, plant, and equipment, net 78.4   82.5
Total assets 478.5   443.2
Current portion of long-term debt 4.2   6.8
Long-term debt 16.5   17.3
Total liabilities 396.6   360.7
Manufacturing | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 8.7 9.6  
Manufacturing | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues 57.1 33.9  
Other | Reportable Segments      
Segment Reporting Information [Line Items]      
Total revenues 62.2 41.7  
Cost of revenues, exclusive of depreciation, depletion and amortization 47.5 32.0  
Selling, general and administrative, excluding stock-based compensation 7.1 6.1  
Other expense (income) (0.1)    
Adjusted EBITDA 7.7 3.6  
Depreciation, depletion and amortization 0.7 0.8  
Investment in property, plant & equipment 1.4 0.2  
Cash and cash equivalents 6.6   4.4
Total current assets 95.3   95.3
Property, plant, and equipment, net 26.7   25.9
Total assets 248.3   249.6
Current portion of long-term debt     4.8
Total liabilities 96.0   $ 103.9
Other | Reportable Segments | External Customers | Services      
Segment Reporting Information [Line Items]      
Total revenues 0.1    
Other | Reportable Segments | External Customers | Product Sales      
Segment Reporting Information [Line Items]      
Total revenues 24.4 13.2  
Other | Reportable Segments | Intercompany      
Segment Reporting Information [Line Items]      
Total revenues $ 37.7 $ 28.5