Quarterly report pursuant to Section 13 or 15(d)

EQUITY INVESTMENTS (Tables)

v3.20.2
EQUITY INVESTMENTS (Tables)
 9 Months Ended
Sep. 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 September 30, 2020 and December 31, 2019:
Carrying value (Loss) income from equity method investments
Approximate ownership % September 30, 2020 December 31, 2019 Three months ended September 30, Nine months ended September 30,
2020 2019 2020 2019
(In thousands)
Investment in Grizzly Oil Sands ULC 24.6  % $ 16,521  $ 21,000  $ (153) $ (41) $ (341) $ (380)
Investment in Mammoth Energy Services, Inc. 21.5  % —  11,005  —  (43,041) (10,646) (166,096)
Investment in Windsor Midstream LLC 22.5  % 39  39  —  —  — 
Investment in Tatex Thailand II, LLC 23.5  % —  —  —  —  —  2,085 
$ 16,560  $ 32,044  $ (153) $ (43,082) $ (10,987) $ (164,391)
Schedule of Equity Investments - Balance Sheet
The tables below summarize financial information for the Company’s equity investments as of September 30, 2020 and December 31, 2019.
Summarized balance sheet information:
September 30, 2020 December 31, 2019
(In thousands)
Current assets $ 463,853  $ 421,326 
Noncurrent assets $ 1,086,150  $ 1,260,075 
Current liabilities $ 115,976  $ 132,569 
Noncurrent liabilities $ 161,183  $ 163,241 
Schedule of Equity Investments - Income Statement
Summarized results of operations:    
  Three months ended September 30, Nine months ended September 30,
  2020 2019 2020 2019
(In thousands)
Gross revenue $ 70,534  $ 113,417  $ 228,026  $ 557,375 
Net (loss) income $ 2,808  $ (35,730) $ (97,145) $ (15,046)