Quarterly report pursuant to Section 13 or 15(d)

EQUITY INVESTMENTS (Tables)

v3.21.1
EQUITY INVESTMENTS (Tables)
 3 Months Ended
Mar. 31, 2021
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 March 31, 2021 and December 31, 2020:
Carrying value Loss from equity method investments
Approximate ownership % March 31, 2021 December 31, 2020 Three months ended March 31,
2021 2020
(In thousands)
Investment in Grizzly Oil Sands ULC 24.5  % $ 27,044  $ 24,816  $ (342) $ (143)
Investment in Mammoth Energy Services, Inc. 21.5  % —  —  —  (10,646)
$ 27,044  $ 24,816  $ (342) $ (10,789)
Schedule of Equity Investments - Balance Sheet
The tables below summarize financial information for the Company’s equity investments as of March 31, 2021 and December 31, 2020.
Summarized balance sheet information:
March 31, 2021 December 31, 2020
(In thousands)
Current assets $ 462,478  $ 483,303 
Noncurrent assets $ 1,079,557  $ 1,092,495 
Current liabilities $ 125,359  $ 132,978 
Noncurrent liabilities $ 124,628  $ 148,240 
Schedule of Equity Investments - Income Statement
Summarized results of operations:    
  Three months ended March 31,
  2021 2020
(In thousands)
Gross revenue $ 66,805  $ 97,383 
Net loss $ (13,606) $ (85,031)