Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Tables)

v3.24.2.u1
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2024
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,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Flying A

 

$

6.5

 

 

$

2.7

 

 

$

11.7

 

 

$

4.2

 

Carbo

 

 

 

 

 

 

 

 

 

 

 

0.7

 

Total

 

$

6.5

 

 

$

2.7

 

 

$

11.7

 

 

$

4.9

 

The following table summarizes expenditures with related parties:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Automatize

 

$

20.4

 

 

$

46.5

 

 

$

41.7

 

 

$

89.8

 

FHE

 

 

 

 

 

0.1

 

 

 

 

 

 

1.0

 

Wilks Brothers

 

 

2.6

 

 

 

5.9

 

 

 

4.7

 

 

 

12.2

 

Related Lessors

 

 

3.1

 

 

 

4.4

 

 

 

6.3

 

 

 

6.9

 

Wilks Construction

 

 

 

 

 

1.9

 

 

 

 

 

 

6.8

 

Wilks Earthworks

 

 

4.5

 

 

 

3.3

 

 

 

6.1

 

 

 

4.8

 

Equify Financial

 

 

2.6

 

 

 

2.2

 

 

 

4.7

 

 

 

4.4

 

Cisco Aero

 

 

2.2

 

 

 

 

 

 

2.2

 

 

 

 

3 Twenty-Three

 

 

 

 

 

1.3

 

 

 

 

 

 

1.3

 

Carbo

 

 

0.2

 

 

 

0.3

 

 

 

0.5

 

 

 

1.0

 

Total

 

$

35.6

 

 

$

65.9

 

 

$

66.2

 

 

$

128.2

 

The following table summarizes accounts receivable–related party:

 

 

June 30,
2024

 

 

December 31,
2023

 

Flying A

 

$

11.1

 

 

$

5.9

 

Carbo

 

 

0.2

 

 

 

0.5

 

Interstate

 

 

0.3

 

 

 

0.4

 

Total accounts receivable — related party

 

$

11.6

 

 

$

6.8

 

The following table summarizes accounts payable–related party:

 

 

June 30,
2024

 

 

December 31,
2023

 

Automatize

 

$

7.8

 

 

$

11.6

 

Wilks Brothers

 

 

4.5

 

 

 

7.8

 

Wilks Earthworks

 

 

1.0

 

 

 

1.1

 

Related Lessors

 

 

0.3

 

 

 

0.1

 

Equify

 

 

1.3

 

 

 

0.3

 

Cisco Aero

 

 

1.7

 

 

 

 

Carbo

 

 

0.1

 

 

 

1.0

 

Total accounts payable — related party

 

$

16.7

 

 

$

21.9