| Investments Accounted For By The Equity Method |
Investments accounted for by the equity method consist of the following as of September 30, 2015 and December 31, 2014:
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Carrying Value |
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(Income) loss from equity method investments
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Approximate Ownership % |
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September 30, 2015 |
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December 31, 2014 |
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Three months ended September 30, |
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Nine months ended September 30, |
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2015 |
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2014 |
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2015 |
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2014 |
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(In thousands) |
Investment in Tatex Thailand II, LLC |
23.5 |
% |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
(475 |
) |
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$ |
189 |
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$ |
(475 |
) |
Investment in Tatex Thailand III, LLC |
17.9 |
% |
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— |
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— |
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— |
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47 |
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— |
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217 |
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Investment in Grizzly Oil Sands ULC |
24.9999 |
% |
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99,490 |
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180,218 |
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58,653 |
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4,633 |
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71,289 |
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8,862 |
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Investment in Bison Drilling and Field Services LLC |
— |
% |
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— |
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— |
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— |
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(1,273 |
) |
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— |
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331 |
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Investment in Muskie Proppant LLC |
— |
% |
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— |
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— |
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— |
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55 |
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— |
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488 |
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Investment in Timber Wolf Terminals LLC |
50.0 |
% |
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1,000 |
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1,013 |
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— |
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7 |
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13 |
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7 |
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Investment in Windsor Midstream LLC |
22.5 |
% |
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27,940 |
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13,505 |
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(323 |
) |
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(301 |
) |
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(18,229 |
) |
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(504 |
) |
Investment in Stingray Pressure Pumping LLC |
— |
% |
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— |
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— |
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— |
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(351 |
) |
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— |
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1,792 |
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Investment in Stingray Cementing LLC |
50.0 |
% |
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2,127 |
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2,647 |
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(12 |
) |
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(12 |
) |
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160 |
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189 |
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Investment in Blackhawk Midstream LLC |
48.5 |
% |
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— |
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— |
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— |
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— |
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(7,217 |
) |
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(84,787 |
) |
Investment in Stingray Logistics LLC |
— |
% |
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— |
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— |
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— |
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(256 |
) |
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— |
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(413 |
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Investment in Diamondback Energy, Inc. |
— |
% |
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— |
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— |
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— |
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32,412 |
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— |
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(89,300 |
) |
Investment in Stingray Energy Services LLC |
50.0 |
% |
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5,718 |
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5,718 |
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218 |
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(9 |
) |
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539 |
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26 |
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Investment in Sturgeon Acquisitions LLC |
25.0 |
% |
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22,857 |
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22,507 |
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(257 |
) |
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— |
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(1,316 |
) |
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— |
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Investment in Mammoth Energy Partners LP |
30.5 |
% |
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135,971 |
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143,973 |
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3,612 |
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— |
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11,608 |
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— |
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$ |
295,103 |
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$ |
369,581 |
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$ |
61,891 |
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$ |
34,477 |
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$ |
57,036 |
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$ |
(163,567 |
) |
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| Equity Method Investment Balance Sheet Summary |
The tables below summarize financial information for the Company's equity investments as of September 30, 2015 and December 31, 2014.
Summarized balance sheet information:
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September 30, 2015 |
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December 31, 2014 |
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(In thousands) |
Current assets |
$ |
129,284 |
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$ |
181,060 |
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Noncurrent assets |
$ |
1,342,679 |
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$ |
1,306,891 |
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Current liabilities |
$ |
72,347 |
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$ |
114,506 |
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Noncurrent liabilities |
$ |
173,821 |
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$ |
230,062 |
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| Equity Method Investment Income Statement Summary |
Summarized results of operations:
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Three months ended September 30, |
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Nine months ended September 30, |
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2015 |
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2014 |
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2015 |
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2014 |
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(In thousands) |
Gross revenue |
$ |
100,979 |
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$ |
247,525 |
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$ |
364,669 |
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$ |
625,819 |
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Net (loss) income |
$ |
(10,063 |
) |
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$ |
35,212 |
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$ |
35,359 |
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$ |
242,816 |
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