Quarterly report pursuant to Section 13 or 15(d)

EQUITY INVESTMENTS (Tables)

v3.20.2
EQUITY INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity method investments
Investments accounted for by the equity method consist of the following as of June 30, 2020 and December 31, 2019:
Carrying value (Loss) income from equity method investments
Approximate ownership % June 30, 2020 December 31, 2019 Three months ended June 30, Six months ended June 30,
2020 2019 2020 2019
(In thousands)
Investment in Grizzly Oil Sands ULC 24.6  % $ 13,013    $ 21,000    $ (45)   $ 54    (188)   $ (339)  
Investment in Mammoth Energy Services, Inc. 21.5  % —    11,005    —    (127,581)   (10,646)   (123,055)  
Investment in Windsor Midstream LLC 22.5  % 39    39    —    —    —    —   
Investment in Tatex Thailand II, LLC 23.5  % —    —    —    1,945    —    2,085   
$ 13,052    $ 32,044    $ (45)   $ (125,582)   $ (10,834)   $ (121,309)  
Schedule of equity investments - balance sheet
The tables below summarize financial information for the Company’s equity investments as of June 30, 2020 and December 31, 2019.
Summarized balance sheet information:
June 30, 2020 December 31, 2019
(In thousands)
Current assets $ 434,966    $ 421,326   
Noncurrent assets $ 1,107,221    $ 1,260,075   
Current liabilities $ 115,281    $ 132,569   
Noncurrent liabilities $ 172,478    $ 163,241   
Schedule of equity investments - income statement
Summarized results of operations: 
  Three months ended June 30, Six months ended June 30,
  2020 2019 2020 2019
(In thousands)
Gross revenue $ 60,109    $ 179,114    $ 157,492    $ 443,958   
Net (loss) income $ (14,922)   $ (4,072)   $ (99,953)   $ 20,684