| Investments Accounted for by the Equity Method |
Investments accounted for by the equity method consist of the following as of March 31, 2017 and December 31, 2016:
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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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March 31, 2017 |
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December 31, 2016 |
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Three months ended March 31, |
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2017 |
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2016 |
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(In thousands) |
Investment in Tatex Thailand II, LLC |
23.5 |
% |
|
$ |
— |
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$ |
— |
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$ |
(243 |
) |
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$ |
(159 |
) |
Investment in Tatex Thailand III, LLC |
17.9 |
% |
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— |
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— |
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— |
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— |
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Investment in Grizzly Oil Sands ULC |
24.9999 |
% |
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46,838 |
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45,213 |
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365 |
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23,685 |
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Investment in Timber Wolf Terminals LLC |
50.0 |
% |
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987 |
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991 |
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4 |
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3 |
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Investment in Windsor Midstream LLC |
22.5 |
% |
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25,815 |
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25,749 |
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(311 |
) |
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(167 |
) |
Investment in Stingray Cementing LLC |
50.0 |
% |
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1,768 |
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1,920 |
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128 |
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30 |
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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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Investment in Stingray Energy Services LLC |
50.0 |
% |
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3,967 |
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4,215 |
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197 |
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502 |
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Investment in Sturgeon Acquisitions LLC |
25.0 |
% |
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20,458 |
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20,526 |
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68 |
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|
377 |
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Investment in Mammoth Energy Services, Inc. |
24.2 |
% |
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110,875 |
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111,717 |
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2,158 |
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6,466 |
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Investment in Strike Force Midstream LLC |
25.0 |
% |
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40,662 |
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33,589 |
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2,541 |
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— |
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$ |
251,370 |
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$ |
243,920 |
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$ |
4,907 |
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$ |
30,737 |
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| Equity Method Investment Balance Sheet Summary |
The tables below summarize financial information for the Company’s equity investments as of March 31, 2017 and December 31, 2016.
Summarized balance sheet information:
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March 31, 2017 |
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December 31, 2016 |
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(In thousands) |
Current assets |
$ |
151,587 |
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$ |
148,733 |
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Noncurrent assets |
$ |
1,342,012 |
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$ |
1,305,407 |
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Current liabilities |
$ |
97,329 |
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$ |
57,173 |
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Noncurrent liabilities |
$ |
59,721 |
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$ |
67,680 |
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