Related Party Transactions |
3 Months Ended |
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Mar. 31, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Related Party Transactions The Company leases office space, yard facilities, and equipment and purchases building maintenance and repair services from entities owned by David Crombie, an executive officer of the Company. Total lease expense and building maintenance and repair expense associated with these entities was $0.1 million, $0.1 million, and $0.2 million for the 2026 Successor Period, the 2026 Predecessor Period, and the 2025 Predecessor Period, respectively. The Company also purchased $0.4 million, $0.8 million, and $0.8 million of products and services for the 2026 Successor Period, the 2026 Predecessor Period, and the 2025 Predecessor Period, respectively, from an entity in which Mr. Crombie is a limited partner. There were outstanding payables due to entities associated with Mr. Crombie of $0.9 million and $0.1 million at March 31, 2026 and December 31, 2025, respectively. Ann G. Fox, President and Chief Executive Officer and a director of the Company, is a director of Devon Energy Corporation (“Devon”). The Company generated revenue from Devon of $0.1 million, $0.1 million, and $0.3 million for the 2026 Successor Period, the 2026 Predecessor Period, and the 2025 Predecessor Period, respectively. There were outstanding receivables due from Devon of $0.1 million at both March 31, 2026 and December 31, 2025. The Company provides products and services to Crescent Energy Company (“Crescent”), where one of the Company’s directors serves as the Chief Operating Officer. The Company generated revenue from Crescent of $0.5 million, $0.9 million, and $2.7 million for the 2026 Successor Period, the 2026 Predecessor Period, and the 2025 Predecessor Period, respectively. There were outstanding receivables due from Crescent of $0.5 million and $0.3 million at March 31, 2026 and December 31, 2025, respectively.
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