XML 86 R79.htm IDEA: XBRL DOCUMENT 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.