Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Tables)

v3.23.3
Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Summary of Related Party Transactions

The following table summarizes revenue from related parties:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Flying A

 

$

30.6

 

 

$

1.3

 

 

$

34.8

 

 

$

3.2

 

Carbo

 

 

—

 

 

 

—

 

 

 

0.7

 

 

 

0.8

 

Total

 

$

30.6

 

 

$

1.3

 

 

$

35.5

 

 

$

4.0

 

 

The following table summarizes expenditures with related parties:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Automatize

 

$

28.0

 

 

$

22.4

 

 

$

117.8

 

 

$

72.3

 

FHE

 

 

2.0

 

 

 

4.0

 

 

 

3.0

 

 

 

11.3

 

Wilks Brothers

 

 

2.1

 

 

 

5.5

 

 

 

14.3

 

 

 

14.3

 

Related Lessors

 

 

3.3

 

 

 

1.9

 

 

 

10.2

 

 

 

6.5

 

Wilks Construction

 

 

—

 

 

 

9.3

 

 

 

6.8

 

 

 

22.7

 

Wilks Earthworks

 

 

1.7

 

 

 

—

 

 

 

6.5

 

 

 

—

 

Equify Financial

 

 

2.2

 

 

 

—

 

 

 

6.6

 

 

 

1.0

 

3 Twenty-Three

 

 

—

 

 

 

—

 

 

 

1.3

 

 

 

0.2

 

Carbo

 

 

—

 

 

 

0.9

 

 

 

1.0

 

 

 

1.0

 

Other

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.1

 

Total

 

$

39.3

 

 

$

44.0

 

 

$

167.5

 

 

$

129.4

 

The following table summarizes accounts receivable–related party:

 

 

September 30,
2023

 

 

December 31,
2022

 

Flying A

 

$

5.6

 

 

$

1.5

 

Carbo

 

 

0.5

 

 

 

0.1

 

Interstate

 

 

0.4

 

 

 

0.3

 

Other

 

 

—

 

 

 

0.2

 

Total accounts receivable — related party

 

$

6.5

 

 

$

2.1

 

The following table summarizes accounts payable–related party:

 

 

September 30,
2023

 

 

December 31,
2022

 

Automatize

 

$

10.9

 

 

$

8.8

 

Wilks Brothers

 

 

4.1

 

 

 

7.1

 

Wilks Construction

 

 

—

 

 

 

7.9

 

Wilks Earthworks

 

 

0.4

 

 

 

—

 

Related Lessors

 

 

0.9

 

 

 

—

 

Equify

 

 

0.7

 

 

 

—

 

Carbo

 

 

0.5

 

 

 

0.2

 

Total accounts payable — related party

 

$

17.5

 

 

$

24.0