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v3.20.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Amortization of customer relationships $ (17,605) $ (1,781)
Total revenue 243,708 54,108
Operating expenses:    
Direct operating 48,728 14,982
General and administrative (including $11,423 and $3,338 of equity-based compensation in 2019 and 2020, respectively) 13,537 19,809
Facility idling 8,678  
Impairment of goodwill 575,461  
Impairment of property and equipment 89,083  
Depreciation 27,343 7,650
Accretion and change in fair value of contingent acquisition consideration   1,049
Accretion of asset retirement obligations 42 10
Total operating expenses 762,872 43,500
Operating income (loss) (519,164) 10,608
Interest expense, net (37,631) (6,217)
Equity in earnings of unconsolidated affiliates 19,077 2,880
Income (loss) before income taxes (537,718) 7,271
Provision for income tax benefit 144,785 2,377
Net income (loss) and comprehensive income (loss) $ (392,933) $ 9,648
Net income (loss) per share-basic and diluted $ (0.81) $ 0.04
Weighted average common shares outstanding:    
Basic 483,103 253,877
Diluted 483,103 254,903
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate    
Revenue:    
Revenue $ 163,129 $ 33,534
Natural Gas Water Handling and Treatment - Affiliate    
Revenue:    
Revenue $ 98,184 22,351
Natural Gas Water Handling and Treatment    
Revenue:    
Revenue   $ 4

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