Quarterly report pursuant to Section 13 or 15(d)

Related party transactions (Tables)

v3.22.2
Related party transactions (Tables)
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Summary of Related Party Transactions

The following table summarizes expenditures with related parties for the three months ended March 31, 2022 and 2021:

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2022

 

 

2021

 

Automatize

 

$

14,275

 

 

$

12,756

 

FHE

 

 

3,250

 

 

 

 

Wilks Brothers

 

 

257

 

 

 

2,554

 

Related Lessors

 

 

1,223

 

 

 

1,538

 

Wilks Construction

 

 

941

 

 

 

 

Equify Financial

 

 

685

 

 

 

 

3 Twenty-Three

 

 

247

 

 

 

 

Carbo

 

 

 

 

 

353

 

Cisco Logistics

 

 

 

 

 

264

 

Interstate

 

 

20

 

 

 

8

 

Equify Risk

 

 

 

 

 

3

 

Other

 

 

38

 

 

 

10

 

Total

 

$

20,936

 

 

$

17,486

 

 

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

 

 

 

March 31,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Automatize

 

$

10,125

 

 

$

11,198

 

Wilks Brothers

 

 

8,632

 

 

 

9,990

 

Wilks Construction

 

 

707

 

 

 

57

 

Carbo

 

 

28

 

 

 

10

 

Related Lessors

 

 

37

 

 

 

1

 

Other

 

 

24

 

 

 

19

 

Total

 

$

19,553

 

 

$

21,275

 

 

 

The following table summarizes revenue from related parties for the three months ended March 31, 2022 and 2021:

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2022

 

 

2021

 

Flying A

 

$

1,372

 

 

$

951

 

Carbo

 

 

249

 

 

 

20

 

Wilks Brothers

 

 

1

 

 

 

(2

)

Other

 

 

 

 

 

9

 

Total

 

$

1,622

 

 

$

978

 

 

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

 

 

 

March 31,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Flying A

 

$

1,528

 

 

$

2,412

 

Cisco Logistics

 

 

1,493

 

 

 

1,489

 

Carbo

 

 

193

 

 

 

591

 

Other

 

 

182

 

 

 

23

 

Total

 

$

3,396

 

 

$

4,515