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Acquisition (Tables)
 6 Months Ended
Jun. 30, 2024
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Our preliminary allocation of the purchase price to the estimated fair value of the CSI Compressco net assets is as follows (in thousands):
Fair value of consideration transferred$342,285 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents$9,458 
Receivables48,890 
Inventory40,738 
Prepaid expenses & other current assets8,738 
Intangibles47,803 
Property, plant, and equipment824,072 
Right of use assets26,044 
Deferred tax assets17 
Other non-current assets3,110 
Total assets acquired1,008,870 
Deferred tax liabilities28,386 
Long term debt627,953 
Other current liabilities86,212 
Other non-current liabilities21,871 
Total liabilities assumed764,422 
Total identifiable assets acquired less liabilities assumed$244,448 
Goodwill acquired$97,837 
Schedule of Pro Forma Revenue Information
The unaudited supplemental pro forma information presented below has been prepared to give effect to the CSI Acquisition as if the transaction had occurred on January 1, 2023. The unaudited supplemental pro forma information is presented for illustrative purposes only and is based on estimates and assumptions we deemed appropriate. The following unaudited supplemental pro forma information is not necessarily indicative of the historical results that would have been achieved if the acquisition had occurred in the past, and our operating results may have been different from those reflected in the unaudited supplemental pro forma information below. Therefore, the unaudited supplemental pro forma information should not be relied upon as an indication of the operating results that we would have achieved if the transaction had occurred on January 1, 2023 or the future results that we will achieve after the transactions. The unaudited supplemental pro forma results include certain adjustments, primarily due to increases in interest expense due to additional borrowings incurred to finance the acquisition and amortization of debt issuance costs, and acquisition related costs including transaction costs, such as legal, accounting, valuation and other professional services as well as integration costs such as severance.

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Revenue$309,653 $300,085 $622,255 $581,568 
Earnings$6,228 $14,929 $38,734 $1,324