Quarterly report pursuant to Section 13 or 15(d)

Related party transactions (Tables)

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

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

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Automatize

 

$

22,428

 

 

$

25,228

 

 

$

72,279

 

 

$

56,496

 

FHE

 

 

4,025

 

 

 

 

 

 

11,302

 

 

 

 

Wilks Brothers

 

 

5,503

 

 

 

4,419

 

 

 

14,302

 

 

 

8,926

 

Related Lessors

 

 

1,821

 

 

 

1,604

 

 

 

6,469

 

 

 

4,719

 

Wilks Construction

 

 

9,327

 

 

 

 

 

 

22,716

 

 

 

 

Equify Financial

 

 

 

 

 

1,853

 

 

 

986

 

 

 

1,853

 

3 Twenty-Three

 

 

 

 

 

974

 

 

 

247

 

 

 

974

 

Carbo

 

 

863

 

 

 

160

 

 

 

941

 

 

 

513

 

Cisco Logistics

 

 

 

 

 

85

 

 

 

 

 

 

509

 

Interstate

 

 

 

 

 

24

 

 

 

20

 

 

 

56

 

Equify Risk

 

 

 

 

 

 

 

 

 

 

 

3

 

Other

 

 

29

 

 

 

29

 

 

 

149

 

 

 

81

 

Total

 

$

43,996

 

 

$

34,376

 

 

$

129,411

 

 

$

74,130

 

 

 

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

 

 

 

September 30,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Automatize

 

$

15,184

 

 

$

11,198

 

Wilks Brothers

 

 

15,049

 

 

 

9,990

 

Wilks Construction

 

 

4,640

 

 

 

57

 

Cisco Logistics

 

 

1

 

 

 

 

Carbo

 

 

0

 

 

 

10

 

Related Lessors

 

 

37

 

 

 

1

 

Other

 

 

0

 

 

 

19

 

Total

 

$

34,911

 

 

$

21,275

 

 

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

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Flying A

 

$

1,273

 

 

$

573

 

 

$

3,193

 

 

$

2,701

 

Carbo

 

 

31

 

 

 

395

 

 

 

784

 

 

 

574

 

Wilks Brothers

 

 

1

 

 

 

 

 

 

4

 

 

 

5

 

Interstate

 

 

4

 

 

 

2

 

 

 

4

 

 

 

113

 

Other

 

 

6

 

 

 

1

 

 

 

7

 

 

 

35

 

Total

 

$

1,315

 

 

$

971

 

 

$

3,992

 

 

$

3,428

 

 

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

 

 

 

September 30,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Flying A

 

$

2,603

 

 

$

2,412

 

Cisco Logistics

 

 

1,493

 

 

 

1,489

 

Carbo

 

 

96

 

 

 

591

 

Interstate

 

 

316

 

 

 

 

Other

 

 

2

 

 

 

23

 

Total

 

$

4,510

 

 

$

4,515