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Industry Segments
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Industry Segments INDUSTRY SEGMENTS
We manage our operations through two segments: Completion Fluids & Products Division and Water & Flowback Services Division.

Summarized financial information concerning the business segments is as follows:
Three Months Ended
September 30, 2025
Completion Fluids & ProductsWater & Flowback Services
Corporate
Total
(in thousands)
Revenue$90,264 $62,975 $— $153,239 
Cost of product sales and services57,571 49,807 — 107,378 
Depreciation, amortization and accretion2,263 7,136 92 9,491 
General and administrative expense6,993 5,741 12,506 25,240 
Operating income (loss)
23,437 291 (12,598)11,130 
Interest (income) expense, net(170)34 4,584 4,448 
Other (income) expense, net(1,707)205 79 (1,423)
Income (loss) from continuing operations before taxes$25,314 $52 $(17,261)$8,105 
Capital expenditures$9,857 $5,882 $— $15,739 
Nine Months Ended
September 30, 2025
Completion Fluids & ProductsWater & Flowback Services
Corporate
Total
(in thousands)
Revenue$292,726 $191,525 $— $484,251 
Cost of product sales and services174,480 153,809 — 328,289 
Depreciation, amortization and accretion6,654 20,897 280 27,831 
Impairments and other charges— 611 — 611 
General and administrative expense20,576 16,291 37,766 74,633 
Operating income (loss)
91,016 (83)(38,046)52,887 
Interest (income) expense, net(587)40 13,913 13,366 
Other (income) expense, net(2,520)9,983 (569)6,894 
Income (loss) from continuing operations before taxes$94,123 $(10,106)$(51,390)$32,627 
Capital expenditures$37,223 $15,878 $81 $53,182 
September 30, 2025
Total assets$341,169 $160,331 $153,674 $655,174 
Three Months Ended
September 30, 2024
Completion Fluids & ProductsWater & Flowback Services
Corporate
Total
(in thousands)
Revenue$65,131 $76,569 $— $141,700 
Cost of product sales and services38,324 60,067 — 98,391 
Depreciation, amortization and accretion2,416 6,328 93 8,837 
Impairments and other charges— — 109 109 
General and administrative expense6,055 5,572 10,779 22,406 
Operating income (loss)
18,336 4,602 (10,981)11,957 
Interest (income) expense, net(942)(5)6,043 5,096 
Other (income) expense, net159 (67)(807)(715)
Income (loss) from continuing operations before taxes$19,119 $4,674 $(16,217)$7,576 
Capital expenditures$11,215 $3,358 $— $14,573 
Nine Months Ended
September 30, 2024
Completion Fluids & ProductsWater & Flowback Services
Corporate
Total
(in thousands)
Revenue$242,432 $222,175 $— $464,607 
Cost of product sales and services150,815 178,598 — 329,413 
Depreciation, amortization and accretion7,164 18,945 258 26,367 
Impairments and other charges— — 109 109 
General and administrative expense19,739 14,533 32,569 66,841 
Operating income (loss)
64,714 10,099 (32,936)41,877 
Interest (income) expense, net(1,346)139 18,440 17,233 
Loss on debt extinguishment— — 5,535 5,535 
Other (income) expense, net496 1,409 (4,146)(2,241)
Income (loss) from continuing operations before taxes$65,564 $8,551 $(52,765)$21,350 
Capital expenditures$29,271 $16,311 $210 $45,792 
December 31, 2024
Total assets$290,788 $158,475 $155,932 $605,195