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v3.25.1

Segment Information - Schedule of Operations by Segment (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 192,350 |  | $ 66,712 |
Cost of revenues | 92,417 |  | 27,908 |
Selling, general and administrative expenses | 30,534 |  | 4,476 |
Depreciation and amortization | 34,119 |  | 11,712 |
(Gain) loss on sale of equipment | (45) |  | 389 |
Corporate expenses | (5,809) | [1] | (17) | [2]
Income from operations | 35,325 |  | 22,227 |
Interest expense | (5,365) |  | (4,807) |
Other expense | (267) |  | (102) |
Income before provision for income taxes | 29,693 |  | 17,318 |
Intersegment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 9,139 |  | 13,599 |
Cost of revenues | 9,139 |  | 13,599 |
Intersegment | Production Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 0 |  | 0 |
Cost of revenues | 0 |  | 0 |
Intersegment | Natural Gas Technologies |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 9,139 |  | 13,599 |
Cost of revenues | 9,139 |  | 13,599 |
Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 201,489 |  | 80,311 |
Cost of revenues | 101,556 |  | 41,507 |
Selling, general and administrative expenses | 24,731 | [3] | 4,459 | [4]
Depreciation and amortization | 34,113 | [3] | 11,712 | [4]
(Gain) loss on sale of equipment | (45) |  | 389 |
Segment profit | 41,134 |  | 22,244 |
Operating Segments | Production Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 115,992 |  | 46,163 |
Cost of revenues | 52,323 |  | 10,975 |
Selling, general and administrative expenses | 14,677 | [3] | 3,414 | [4]
Depreciation and amortization | 19,614 | [3] | 11,426 | [4]
(Gain) loss on sale of equipment | 46 |  | 389 |
Segment profit | 29,332 |  | 19,959 |
Operating Segments | Natural Gas Technologies |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 85,497 |  | 34,148 |
Cost of revenues | 49,233 |  | 30,532 |
Selling, general and administrative expenses | 10,054 | [3] | 1,045 | [4]
Depreciation and amortization | 14,499 | [3] | 286 | [4]
(Gain) loss on sale of equipment | (91) |  | 0 |
Segment profit | 11,802 |  | 2,285 |
Operating Segments | External Customers |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 192,350 |  | 66,712 |
Cost of revenues | 92,417 | [3] | 27,908 | [4]
Operating Segments | External Customers | Production Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 115,992 |  | 46,163 |
Cost of revenues | 52,323 | [3] | 10,975 | [4]
Operating Segments | External Customers | Natural Gas Technologies |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 76,358 |  | 20,549 |
Cost of revenues | 40,094 | [3] | 16,933 | [4]
Elimination of intersegment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | (9,139) |  | (13,599) |
Cost of revenues | $ (9,139) |  | $ (13,599) |
[1] | Comprised primarily of expenses not allocated to our reportable segments.
[2] | Comprised primarily of expenses not allocated to our reportable segments.
[3] | Represents the significant expense categories and amounts for each reportable operating segment that are regularly provided to the chief operating decision maker.
[4] | Represents the significant expense categories and amounts for each reportable operating segment that are regularly provided to the chief operating decision maker.

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