Business Segment (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Summary of Financial Information of Reportable Segment

Summarized financial information for our reportable segment is as follows (in thousands):

	Year Ended December 31,
	2024			2023			2022
Product sales	$	515,434		$	468,119		$	408,446
Service sales		540,523			145,841			74,278
Total sales		1,055,957			613,960			482,724
Cost of sales (excluding depreciation, depletion and accretion expense)		725,196			260,396			198,918
Depreciation, depletion and accretion expense		98,747			39,798			27,498
Gross profit		232,014			313,766			256,308
Selling, general and administrative expense (including stock and unit-based compensation expense of $22,381, $7,409 and $678, respectively)		106,248			48,636			24,317
Amortization expense of acquired intangible assets		12,316			—			—
Loss on disposal of assets		19,672			—			—
Insurance recovery (gain)		(20,098	)		—			—
Operating income		113,876			265,130			231,991
Interest (expense), net		(38,647	)		(7,689	)		(15,760	)
Other income, net		551			430			2,631
Income before income taxes		75,780			257,871			218,862
Income tax expense		15,836			31,378			1,856
Net income	$	59,944		$	226,493		$	217,006

	As of December 31,
	2024		2023
Total Assets	$	1,972,652	$	1,261,686

Schedule of Interest Expense of Reportable Segment to Interest (Expense) Net

The following table reconciles interest expense for our reportable segment to interest (expense) net as presented on the consolidated statement of operations (in thousands):

	For the Year Ended December 31,
	2024			2023			2022
Interest expense	$	(43,078	)	$	(17,452	)	$	(15,803	)
Interest income		4,431			9,763			43
Interest (expense), net	$	(38,647	)	$	(7,689	)	$	(15,760	)