Quarterly report [Sections 13 or 15(d)]

Related Party Transactions (Tables)

v3.25.2
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Summary of Related Party Transactions

The following table summarizes revenue from related parties:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Flying A

 

$

3.1

 

 

$

6.5

 

 

$

5.0

 

 

$

11.7

 

Total

 

$

3.1

 

 

$

6.5

 

 

$

5.0

 

 

$

11.7

 

 

The following table summarizes expenditures with related parties:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Logistix IQ

 

$

15.0

 

 

$

20.4

 

 

$

58.1

 

 

$

41.7

 

Flying A

 

 

0.5

 

 

 

 

 

 

0.9

 

 

 

 

Wilks Brothers

 

 

2.0

 

 

 

2.6

 

 

 

4.0

 

 

 

4.7

 

Related Lessors

 

 

3.8

 

 

 

3.1

 

 

 

7.6

 

 

 

6.3

 

Wilks Construction

 

 

3.2

 

 

 

 

 

 

3.8

 

 

 

 

Wilks Earthworks

 

 

6.8

 

 

 

4.5

 

 

 

12.4

 

 

 

6.1

 

Equify Financial

 

 

4.6

 

 

 

2.6

 

 

 

9.2

 

 

 

4.7

 

AERO

 

 

 

 

 

2.2

 

 

 

 

 

 

2.2

 

Carbo

 

 

0.5

 

 

 

0.2

 

 

 

0.8

 

 

 

0.5

 

Total

 

$

36.4

 

 

$

35.6

 

 

$

96.8

 

 

$

66.2

 

The following table summarizes accounts receivable–related party:

 

 

June 30,
2025

 

 

December 31,
2024

 

Flying A

 

$

18.5

 

 

$

15.7

 

Wilks Brothers

 

 

0.1

 

 

 

 

Interstate

 

 

0.3

 

 

 

0.4

 

Total

 

$

18.9

 

 

$

16.1

 

The following table summarizes accounts payable–related party:

 

 

June 30,
2025

 

 

December 31,
2024

 

Logistix IQ

 

$

21.9

 

 

$

11.6

 

Wilks Brothers

 

 

2.6

 

 

 

3.2

 

Wilks Construction

 

 

1.1

 

 

 

 

Wilks Earthworks

 

 

2.9

 

 

 

2.8

 

Related Lessors

 

 

0.4

 

 

 

0.1

 

Flying A

 

 

0.8

 

 

 

 

Carbo

 

 

0.3

 

 

 

0.4

 

Total

 

$

30.0

 

 

$

18.1