Quarterly report pursuant to Section 13 or 15(d)

EQUITY INVESTMENTS (Tables)

v3.21.2
EQUITY INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2021 and December 31, 2020:
Carrying value Loss from equity method investments
Successor Predecessor Successor Predecessor Successor Predecessor
June 30, 2021 December 31, 2020 Period from May 18, 2021 through June 30, 2021 Period from April 1, 2021 through May 17, 2021 Three months ended June 30, 2020 Period from May 18, 2021 through June 30, 2021 Period from January 1, 2021 through May 17, 2021 Six months ended June 30, 2020
Investment in Grizzly Oil Sands ULC 24.5  % $ —  $ 24,816  $ —  $ —  $ (45) $ —  $ (342) $ (188)
Investment in Mammoth Energy —  % —  —  —  —  —  —  —  (10,646)
$ —  $ 24,816  $ —  $ —  $ (45) $ —  $ (342) $ (10,834)
Schedule of Equity Investments - Balance Sheet
The tables below summarize financial information for the Company’s equity investments as of June 30, 2021 and December 31, 2020.
Summarized balance sheet information:
June 30, 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 June 30, Six months ended June 30,
  2021 2020 2021 2020
(In thousands)
Gross revenue $ 66,805  $ 60,109  151,855  157,492 
Net loss $ (13,606) $ (14,922) (22,533) (99,953)