Quarterly report [Sections 13 or 15(d)]

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

v3.25.3
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Total revenues $ 403.1 $ 575.3 $ 1,505.3 $ 1,736.2  
Cost of revenues, exclusive of depreciation, depletion and amortization 324.1 390.7 1,118.2 1,157.5  
Other income 11.8 15.5 46.0 27.2  
Adjusted EBITDA 40.9 134.8 249.0 430.3  
Depreciation, depletion and amortization     313.7 328.9  
Cash and cash equivalents 58.0   58.0   $ 14.8
Total current assets 541.3   541.3   574.1
Property, plant, and equipment, net 1,567.9   1,567.9   1,761.2
Total assets 2,742.4   2,742.4   2,988.1
Current portion of long-term debt 153.6   153.6   159.6
Long-term debt 911.6   911.6   944.4
Total liabilities 1,721.1   1,721.1   1,848.5
Services          
Segment Reporting Information [Line Items]          
Total revenues 351.2 506.5 1,307.1 1,504.8  
Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 51.9 68.8 198.2 231.4  
Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 403.1 575.3   1,736.2  
Cost of revenues, exclusive of depreciation, depletion and amortization 324.1 390.7 1,118.2 1,157.5  
Selling, general and administrative, excluding stock-based compensation 38.8 50.8 140.7 150.5  
Other income (0.7) (1.0) (2.6) (2.1)  
Adjusted EBITDA 40.9 134.8 249.0 430.3  
Depreciation, depletion and amortization 103.0 112.7 313.7 328.9  
Investment in property, plant & equipment 38.0 70.0 133.3 191.8  
Cash and cash equivalents 58.0   58.0   14.8
Total current assets 541.3   541.3   574.1
Property, plant, and equipment, net 1,567.9   1,567.9   1,761.2
Total assets 2,742.4   2,742.4   2,988.1
Current portion of long-term debt 158.6   158.6   164.6
Long-term debt 911.6   911.6   944.4
Total liabilities 1,721.1   1,721.1   1,848.5
Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 351.2 506.5 1,307.1 1,504.8  
Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 51.9 68.8 198.2 231.4  
Consolidation, Eliminations [Member]          
Segment Reporting Information [Line Items]          
Total revenues (125.1) (97.4) (373.0) (295.3)  
Cost of revenues, exclusive of depreciation, depletion and amortization (122.8) (97.4) (362.6) (291.7)  
Adjusted EBITDA (2.3)   (10.4) (3.6)  
Depreciation, depletion and amortization 0.8   (1.6) (0.3)  
Investment in property, plant & equipment 1.8   (10.4)    
Total current assets (356.1)   (356.1)   (314.8)
Property, plant, and equipment, net (12.8)   (12.8)   (4.1)
Total assets (1,770.5)   (1,770.5)   (1,545.5)
Long-term debt (40.0)   (40.0)    
Total liabilities (840.1)   (840.1)   (631.7)
Consolidation, Eliminations [Member] | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 8.5   8.5    
Consolidation, Eliminations [Member] | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues (133.6) (97.4) (381.5) (295.3)  
Stimulation Services | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 342.9 507.1 1,299.4 1,530.0  
Cost of revenues, exclusive of depreciation, depletion and amortization 301.5 361.4 1,039.5 1,091.9  
Selling, general and administrative, excluding stock-based compensation 22.5 34.0 86.9 95.1  
Other income (0.7) (0.9) (2.3) (2.1)  
Adjusted EBITDA 19.6 112.6 175.3 345.1  
Depreciation, depletion and amortization 79.6 88.0 244.0 258.5  
Investment in property, plant & equipment 27.2 61.3 112.5 164.0  
Cash and cash equivalents 48.7   48.7   8.7
Total current assets 433.9   433.9   466.9
Property, plant, and equipment, net 710.7   710.7   839.3
Total assets 2,894.7   2,894.7   2,911.3
Current portion of long-term debt 94.1   94.1   87.5
Long-term debt 630.9   630.9   649.1
Total liabilities 1,926.0   1,926.0   1,891.4
Stimulation Services | Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 342.7 506.5 1,298.5 1,504.8  
Stimulation Services | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 0.2 0.6 0.9 25.2  
Proppant Production | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 76.4 52.8 221.2 200.0  
Cost of revenues, exclusive of depreciation, depletion and amortization 64.1 31.3 164.9 110.4  
Selling, general and administrative, excluding stock-based compensation 4.3 4.3 15.2 18.2  
Other income   (0.1)   0.0  
Adjusted EBITDA 8.0 17.3 41.1 71.4  
Depreciation, depletion and amortization 18.3 19.6 57.2 59.2  
Investment in property, plant & equipment 7.9 8.1 19.4 19.4  
Cash and cash equivalents 1.9   1.9    
Total current assets 60.5   60.5   71.4
Property, plant, and equipment, net 781.7   781.7   817.6
Total assets 865.7   865.7   929.5
Current portion of long-term debt 54.1   54.1   65.5
Long-term debt 265.7   265.7   278.0
Total liabilities 116.8   116.8   124.2
Proppant Production | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 20.3 40.1 95.9 147.1  
Proppant Production | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 56.1 12.7 125.3 52.9  
Manufacturing | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 48.1 61.5 169.7 160.9  
Cost of revenues, exclusive of depreciation, depletion and amortization 40.0 54.4 138.9 137.2  
Selling, general and administrative, excluding stock-based compensation 4.5 7.0 15.9 19.1  
Adjusted EBITDA 3.6 0.1 14.9 4.6  
Depreciation, depletion and amortization 2.8 4.4 11.3 9.3  
Investment in property, plant & equipment 1.1 0.3 1.2 7.9  
Cash and cash equivalents 2.7   2.7   1.7
Total current assets 308.8   308.8   255.3
Property, plant, and equipment, net 47.0   47.0   82.5
Total assets 463.9   463.9   443.2
Current portion of long-term debt 3.6   3.6   6.8
Long-term debt 14.7   14.7   17.3
Total liabilities 373.2   373.2   360.7
Manufacturing | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 8.6 12.2 29.8 36.4  
Manufacturing | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 39.5 49.3 139.9 124.5  
Other | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 60.8 51.3 188.0 140.6  
Cost of revenues, exclusive of depreciation, depletion and amortization 41.3 41.0 137.5 109.7  
Selling, general and administrative, excluding stock-based compensation 7.5 5.5 22.7 18.1  
Other income 0.0   (0.3)    
Adjusted EBITDA 12.0 4.8 28.1 12.8  
Depreciation, depletion and amortization 1.5 0.7 2.8 2.2  
Investment in property, plant & equipment   0.3 10.6 0.5  
Cash and cash equivalents 4.7   4.7   4.4
Total current assets 94.2   94.2   95.3
Property, plant, and equipment, net 41.3   41.3   25.9
Total assets 288.6   288.6   249.6
Current portion of long-term debt 6.8   6.8   4.8
Long-term debt 40.3   40.3    
Total liabilities 145.2   145.2   $ 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 23.0 16.5 72.5 47.9  
Other | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues $ 37.8 $ 34.8 $ 115.4 $ 92.7