Quarterly report pursuant to Section 13 or 15(d)

Related party transactions (Tables)

v3.22.2.2
Related party transactions (Tables)
6 Months Ended
Jun. 30, 2022
Related Party Transactions [Abstract]  
Summary of Related Party Transactions

The following table summarizes expenditures with related parties for the three and six months ended June 30, 2022 and 2021:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Automatize

 

$

35,576

 

 

$

18,512

 

 

$

49,851

 

 

$

31,268

 

FHE

 

 

4,027

 

 

 

 

 

 

7,277

 

 

 

 

Wilks Brothers

 

 

8,542

 

 

 

1,953

 

 

 

8,799

 

 

 

4,507

 

Related Lessors

 

 

3,425

 

 

 

1,577

 

 

 

4,648

 

 

 

3,115

 

Wilks Construction

 

 

12,448

 

 

 

 

 

 

13,389

 

 

 

 

Equify Financial

 

 

301

 

 

 

 

 

 

986

 

 

 

 

3 Twenty-Three

 

 

 

 

 

 

 

 

247

 

 

 

 

Carbo

 

 

78

 

 

 

 

 

 

78

 

 

 

353

 

Cisco Logistics

 

 

 

 

 

160

 

 

 

 

 

 

424

 

Interstate

 

 

 

 

 

24

 

 

 

20

 

 

 

32

 

Equify Risk

 

 

 

 

 

 

 

 

 

 

 

3

 

Other

 

 

82

 

 

 

42

 

 

 

120

 

 

 

52

 

Total

 

$

64,479

 

 

$

22,268

 

 

$

85,415

 

 

$

39,754

 

 

 

The following table summarizes related party accounts payable as of June 30, 2022 and December 31, 2021:

 

 

 

June 30,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Automatize

 

$

18,013

 

 

$

11,198

 

Wilks Brothers

 

 

13,518

 

 

 

9,990

 

Wilks Construction

 

 

5,545

 

 

 

57

 

Cisco Logistics

 

 

27

 

 

 

 

Carbo

 

 

455

 

 

 

10

 

Related Lessors

 

 

19

 

 

 

1

 

Other

 

 

0

 

 

 

19

 

Total

 

$

37,577

 

 

$

21,275

 

 

The following table summarizes revenue from related parties for the three and six months ended June 30, 2022 and 2021:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Flying A

 

$

548

 

 

$

1,177

 

 

$

1,920

 

 

$

2,128

 

Carbo

 

 

504

 

 

 

159

 

 

 

753

 

 

 

179

 

Wilks Brothers

 

 

2

 

 

 

7

 

 

 

3

 

 

 

5

 

Interstate

 

 

 

 

 

111

 

 

 

 

 

 

111

 

Other

 

 

1

 

 

 

25

 

 

 

1

 

 

 

34

 

Total

 

$

1,055

 

 

$

1,479

 

 

$

2,677

 

 

$

2,457

 

 

The following table summarizes related party accounts receivable as of June 30, 2022 and December 31, 2021:

 

 

 

June 30,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Flying A

 

$

1,438

 

 

$

2,412

 

Cisco Logistics

 

 

1,493

 

 

 

1,489

 

Carbo

 

 

255

 

 

 

591

 

Interstate

 

 

310

 

 

 

 

Other

 

 

141

 

 

 

23

 

Total

 

$

3,637

 

 

$

4,515