Quarterly report [Sections 13 or 15(d)]

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

v3.26.1
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Segment Reporting Information [Line Items]          
Total revenues $ 498.1 $ 501.9 $ 947.7 $ 1,102.2  
Cost of revenues, exclusive of depreciation, depletion and amortization 388.1 374.7 742.5 794.1  
Other expense (income) 7.2 29.0 8.1 34.2  
Adjusted EBITDA (69.4) (78.6) (123.4) (208.1)  
Depreciation, depletion and amortization     194.1 210.7  
Cash and cash equivalents 18.8 26.0 18.8 26.0 $ 22.9
Total current assets 572.1   572.1   483.5
Property, plant, and equipment, net 1,350.8   1,350.8   1,464.3
Total assets 2,507.9   2,507.9   2,573.1
Current portion of long-term debt 159.9   159.9   144.7
Long-term debt 918.2   918.2   875.6
Total liabilities 1,790.8   1,790.8   1,692.4
Services          
Segment Reporting Information [Line Items]          
Total revenues 430.9 432.0 841.2 955.9  
Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 67.2 69.9 106.5 146.3  
Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 498.1 501.9 947.7 1,102.2  
Cost of revenues, exclusive of depreciation, depletion and amortization 388.1 374.7 742.5 794.1  
Selling, general and administrative, excluding stock-based compensation 40.6 49.4 81.8 101.9  
Other expense (income)   (0.8)   (1.9)  
Adjusted EBITDA 69.4 78.6 123.4 208.1  
Depreciation, depletion and amortization 97.0 104.7 194.1 210.7  
Investment in property, plant & equipment 31.7 42.8 72.4 95.3  
Cash and cash equivalents 18.8   18.8   22.9
Total current assets 572.1   572.1   483.5
Property, plant, and equipment, net 1,350.8   1,350.8   1,464.3
Total assets 2,507.9   2,507.9   2,573.1
Current portion of long-term debt 165.3   165.3   149.7
Long-term debt 918.2   918.2   875.6
Total liabilities 1,790.8   1,790.8   1,692.4
Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 430.9 432.0 841.2 955.9  
Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 67.2 69.9 106.5 146.3  
Consolidation, Eliminations [Member]          
Segment Reporting Information [Line Items]          
Total revenues (205.9) (128.4) (406.5) (247.9)  
Cost of revenues, exclusive of depreciation, depletion and amortization (204.1) (125.4) (402.2) (239.8)  
Adjusted EBITDA (1.8) (3.0) (4.3) (8.1)  
Depreciation, depletion and amortization (1.4) (1.5) (2.7) (2.4)  
Investment in property, plant & equipment (2.7) (8.3) (5.3) (12.2)  
Total current assets (460.2)   (460.2)   (427.7)
Property, plant, and equipment, net (16.0)   (16.0)   (13.4)
Total assets (2,149.6)   (2,149.6)   (2,097.3)
Total liabilities (1,172.8)   (1,172.8)   (1,122.1)
Consolidation, Eliminations [Member] | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 1.4   4.7    
Consolidation, Eliminations [Member] | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues (207.3) (128.4) (411.2) (247.9)  
Stimulation Services | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 429.5 432.0 836.5 956.5  
Cost of revenues, exclusive of depreciation, depletion and amortization 365.7 350.2 715.0 738.0  
Selling, general and administrative, excluding stock-based compensation 24.5 31.3 50.2 64.4  
Other expense (income)   (0.6)   (1.6)  
Adjusted EBITDA 39.3 51.1 71.3 155.7  
Depreciation, depletion and amortization 75.2 82.0 150.3 164.4  
Investment in property, plant & equipment 29.3 34.0 65.3 85.3  
Cash and cash equivalents 10.3   10.3   14.0
Total current assets 464.5   464.5   403.1
Property, plant, and equipment, net 591.1   591.1   669.4
Total assets 2,756.0   2,756.0   2,795.6
Current portion of long-term debt 88.7   88.7   94.1
Long-term debt 626.9   626.9   554.8
Total liabilities 1,956.8   1,956.8   1,855.2
Stimulation Services | Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 429.5 432.0 836.5 955.8  
Stimulation Services | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues       0.7  
Proppant Production | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 121.3 77.5 240.9 144.8  
Cost of revenues, exclusive of depreciation, depletion and amortization 109.8 57.6 218.3 100.8  
Selling, general and administrative, excluding stock-based compensation 5.2 5.1 9.8 10.9  
Adjusted EBITDA 6.3 14.8 12.8 33.1  
Depreciation, depletion and amortization 18.6 19.7 37.3 38.9  
Investment in property, plant & equipment 3.1 7.8 8.0 11.5  
Cash and cash equivalents 2.5   2.5   1.1
Total current assets 78.6   78.6   78.5
Property, plant, and equipment, net 697.0   697.0   725.6
Total assets 1,089.5   1,089.5   1,115.8
Current portion of long-term debt 62.3   62.3   48.5
Long-term debt 237.3   237.3   266.4
Total liabilities 445.1   445.1   425.2
Proppant Production | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 15.2 32.3 29.3 75.6  
Proppant Production | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 106.1 45.2 211.6 69.2  
Manufacturing | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 47.8 55.8 96.2 121.6  
Cost of revenues, exclusive of depreciation, depletion and amortization 38.6 43.6 76.7 98.9  
Selling, general and administrative, excluding stock-based compensation 3.1 4.9 6.6 11.4  
Adjusted EBITDA 6.1 7.3 12.9 11.3  
Depreciation, depletion and amortization 2.8 3.9 5.6 8.5  
Investment in property, plant & equipment 0.1 0.1 0.3 0.1  
Cash and cash equivalents 1.6   1.6   2.1
Total current assets 325.2   325.2   315.7
Property, plant, and equipment, net 38.1   38.1   42.7
Total assets 467.2   467.2   455.8
Current portion of long-term debt 3.8   3.8   3.6
Long-term debt 14.2   14.2   14.6
Total liabilities 382.9   382.9   378.0
Manufacturing | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 8.8 12.5 15.8 21.2  
Manufacturing | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 39.0 43.3 80.4 100.4  
Flotek | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 101.8 59.8 174.1 116.6  
Cost of revenues, exclusive of depreciation, depletion and amortization 74.9 43.6 128.5 86.1  
Selling, general and administrative, excluding stock-based compensation 7.8 7.7 15.2 14.1  
Other expense (income)   (0.2)   (0.3)  
Adjusted EBITDA 19.1 8.7 30.4 16.7  
Depreciation, depletion and amortization 1.0 0.6 2.0 1.3  
Investment in property, plant & equipment 1.9 7.2 4.1 7.6  
Cash and cash equivalents 4.4   4.4   5.7
Total current assets 158.0   158.0   110.4
Property, plant, and equipment, net 31.8   31.8   29.6
Total assets 311.0   311.0   266.2
Current portion of long-term debt 10.5   10.5   3.5
Long-term debt 39.8   39.8   39.8
Total liabilities 138.8   138.8   114.2
Flotek | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 43.2 25.1 61.4 49.5  
Flotek | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 58.6 34.7 112.7 67.1  
Other | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 3.6 5.2 6.5 10.6  
Cost of revenues, exclusive of depreciation, depletion and amortization 3.2 5.1 6.2 10.1  
Selling, general and administrative, excluding stock-based compensation   0.4   1.1  
Adjusted EBITDA 0.4 (0.3) 0.3 (0.6)  
Depreciation, depletion and amortization 0.8   1.6    
Investment in property, plant & equipment   2.0   3.0  
Total current assets 6.0   6.0   3.5
Property, plant, and equipment, net 8.8   8.8   10.4
Total assets 33.8   33.8   37.0
Total liabilities 40.0   40.0   $ 41.9
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       (0.0)  
Other | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues $ 3.6 $ 5.2 $ 6.5 $ 10.5