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v3.19.3
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Revenue     $ 553,521  
Amortization of customer relationships $ (28,863)   (39,178)  
Total revenue 243,795   553,521  
Operating expenses:        
Direct operating 61,808   140,788  
General and administrative 30,595 $ 10,803 85,026 $ 31,876
Facility idling 1,512   1,512  
Impairment of property and equipment 407,848   408,442  
Impairment of goodwill 43,759   43,759  
Impairment charge 5,871   5,871  
Depreciation 24,460   68,557  
Accretion and change in fair value of contingent acquisition consideration 1,977   5,323  
Accretion of asset retirement obligations 54   133  
Total operating expenses 577,884 10,803 759,411 31,876
Operating loss (334,089) (10,803) (205,890) (31,876)
Interest expense, net (36,134) (68) (73,872) (82)
Equity in earnings of unconsolidated affiliates 18,478 37,816 34,981 99,414
Income (loss) before income taxes (351,745) 26,945 (244,781) 67,456
Provision for income tax benefit (expense) 62,268 (8,917) 34,226 (22,236)
Net income (loss) and comprehensive income (loss) $ (289,477) $ 18,028 $ (210,555) $ 45,220
Net income (loss) per share-basic and diluted $ (0.57) $ 0.09 $ (0.50) $ 0.23
Weighted average common shares outstanding-basic 506,419 186,208 423,296 186,199
Weighted average common shares outstanding-diluted 506,419 186,208 423,296 186,199
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate        
Revenue:        
Revenue $ 175,719   $ 378,178  
Natural Gas Water Handling and Treatment - Affiliate        
Revenue:        
Revenue $ 96,939   214,471  
Natural Gas Water Handling and Treatment        
Revenue:        
Revenue     $ 50  

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