| Schedule of Disaggregation of Revenues |
The following table presents our third-party revenue from contracts with customers by reportable segment (see Note 17 – Segment Information) and disaggregated by major product and service lines, timing of revenue recognition, and geographical markets for the three and six months ended June 30, 2026 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2026 |
|
|
Six Months Ended June 30, 2026 |
|
Segments |
|
Production
Solutions |
|
|
Natural Gas
Technologies |
|
|
Other and Eliminations |
|
|
Total |
|
|
Production
Solutions |
|
|
Natural Gas
Technologies |
|
|
Other and Eliminations |
|
|
Total |
|
Major Product/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Surface Equipment (1) |
|
$ |
|
70,825 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
|
$ |
|
70,825 |
|
|
$ |
|
140,852 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
|
$ |
|
140,852 |
|
Downhole Components |
|
|
|
100,053 |
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
100,053 |
|
|
|
|
170,189 |
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
170,189 |
|
Vapor Recovery (1) |
|
|
|
— |
|
|
|
|
56,525 |
|
|
|
|
(42 |
) |
|
|
|
56,483 |
|
|
|
|
— |
|
|
|
|
118,636 |
|
|
|
|
(85 |
) |
|
|
|
118,551 |
|
Natural Gas Systems |
|
|
|
— |
|
|
|
|
22,149 |
|
|
|
|
(13,651 |
) |
|
|
|
8,498 |
|
|
|
|
— |
|
|
|
|
40,668 |
|
|
|
|
(24,871 |
) |
|
|
|
15,797 |
|
Total |
|
$ |
|
170,878 |
|
|
$ |
|
78,674 |
|
|
$ |
|
(13,693 |
) |
|
$ |
|
235,859 |
|
|
$ |
|
311,041 |
|
|
$ |
|
159,304 |
|
|
$ |
|
(24,956 |
) |
|
$ |
|
445,389 |
|
Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods and services transferred at a point in time |
|
$ |
|
85,594 |
|
|
$ |
|
31,288 |
|
|
$ |
|
(13,693 |
) |
|
$ |
|
103,189 |
|
|
$ |
|
151,040 |
|
|
$ |
|
64,762 |
|
|
$ |
|
(24,956 |
) |
|
$ |
|
190,846 |
|
Services transferred over time |
|
|
|
85,284 |
|
|
|
|
47,386 |
|
|
|
|
— |
|
|
|
|
132,670 |
|
|
|
|
160,001 |
|
|
|
|
94,542 |
|
|
|
|
— |
|
|
|
|
254,543 |
|
Total |
|
$ |
|
170,878 |
|
|
$ |
|
78,674 |
|
|
$ |
|
(13,693 |
) |
|
$ |
|
235,859 |
|
|
$ |
|
311,041 |
|
|
$ |
|
159,304 |
|
|
$ |
|
(24,956 |
) |
|
$ |
|
445,389 |
|
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
|
169,600 |
|
|
$ |
|
78,358 |
|
|
$ |
|
(13,693 |
) |
|
$ |
|
234,265 |
|
|
$ |
|
307,941 |
|
|
$ |
|
158,683 |
|
|
$ |
|
(24,956 |
) |
|
$ |
|
441,668 |
|
International |
|
|
|
1,278 |
|
|
|
|
316 |
|
|
|
|
— |
|
|
|
|
1,594 |
|
|
|
|
3,100 |
|
|
|
|
621 |
|
|
|
|
— |
|
|
|
|
3,721 |
|
Total |
|
$ |
|
170,878 |
|
|
$ |
|
78,674 |
|
|
$ |
|
(13,693 |
) |
|
$ |
|
235,859 |
|
|
$ |
|
311,041 |
|
|
$ |
|
159,304 |
|
|
$ |
|
(24,956 |
) |
|
$ |
|
445,389 |
|
____________________________ (1) All of revenue for these service lines are recognized in accordance with ASC 842 as described within the Revenue Recognition section above. The following table presents our third-party revenue from contracts with customers by reportable segment (see Note 17 – Segment Information) and disaggregated by major product and service lines, timing of revenue recognition, and geographical markets for the three and six months ended June 30, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2025 |
|
|
Six Months Ended June 30, 2025 |
|
Segments |
|
Production
Solutions |
|
|
Natural Gas
Technologies |
|
|
Other and Eliminations |
|
|
Total |
|
|
Production
Solutions |
|
|
Natural Gas
Technologies |
|
|
Other and Eliminations |
|
|
Total |
|
Major Product/Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Surface Equipment (1) |
|
$ |
|
57,832 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
|
$ |
|
57,832 |
|
|
$ |
|
112,430 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
|
$ |
|
112,430 |
|
Downhole Components |
|
|
|
70,413 |
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
70,413 |
|
|
|
|
131,807 |
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
131,807 |
|
Vapor Recovery (1) |
|
|
|
— |
|
|
|
|
57,801 |
|
|
|
|
(54 |
) |
|
|
|
57,747 |
|
|
|
|
— |
|
|
|
|
114,417 |
|
|
|
|
(99 |
) |
|
|
|
114,318 |
|
Natural Gas Systems |
|
|
|
— |
|
|
|
|
24,241 |
|
|
|
|
(17,018 |
) |
|
|
|
7,223 |
|
|
|
|
— |
|
|
|
|
53,122 |
|
|
|
|
(26,112 |
) |
|
|
|
27,010 |
|
Total |
|
$ |
|
128,245 |
|
|
$ |
|
82,042 |
|
|
$ |
|
(17,072 |
) |
|
$ |
|
193,215 |
|
|
$ |
|
244,237 |
|
|
$ |
|
167,539 |
|
|
$ |
|
(26,211 |
) |
|
$ |
|
385,565 |
|
Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods and services transferred at a point in time |
|
$ |
|
70,413 |
|
|
$ |
|
37,770 |
|
|
$ |
|
(17,072 |
) |
|
$ |
|
91,111 |
|
|
$ |
|
131,807 |
|
|
$ |
|
80,569 |
|
|
$ |
|
(26,211 |
) |
|
$ |
|
186,165 |
|
Services transferred over time |
|
|
|
57,832 |
|
|
|
|
44,272 |
|
|
|
|
— |
|
|
|
|
102,104 |
|
|
|
|
112,430 |
|
|
|
|
86,970 |
|
|
|
|
— |
|
|
|
|
199,400 |
|
Total |
|
$ |
|
128,245 |
|
|
$ |
|
82,042 |
|
|
$ |
|
(17,072 |
) |
|
$ |
|
193,215 |
|
|
$ |
|
244,237 |
|
|
$ |
|
167,539 |
|
|
$ |
|
(26,211 |
) |
|
$ |
|
385,565 |
|
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
|
124,945 |
|
|
$ |
|
81,802 |
|
|
$ |
|
(17,072 |
) |
|
$ |
|
189,675 |
|
|
$ |
|
238,403 |
|
|
$ |
|
167,100 |
|
|
$ |
|
(26,211 |
) |
|
$ |
|
379,292 |
|
International |
|
|
|
3,300 |
|
|
|
|
240 |
|
|
|
|
— |
|
|
|
|
3,540 |
|
|
|
|
5,834 |
|
|
|
|
439 |
|
|
|
|
— |
|
|
|
|
6,273 |
|
Total |
|
$ |
|
128,245 |
|
|
$ |
|
82,042 |
|
|
$ |
|
(17,072 |
) |
|
$ |
|
193,215 |
|
|
$ |
|
244,237 |
|
|
$ |
|
167,539 |
|
|
$ |
|
(26,211 |
) |
|
$ |
|
385,565 |
|
___________________________ (1) All of revenue for these service lines are recognized in accordance with ASC 842 as described within the Revenue Recognition section above.
|