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Revenue, net, was USD 19.3 million, compared with USD 4.2 million, and revenue from related parties was USD 0.2 million, compared with USD 3.9 million.Gross Profitwas USD 12.1 million, compared with USD 3.5 million.
The company said it had approximately USD 82 million of pro forma adjustments in the quarter, consistent with its seniorCreditFacilityterms. Since the Leggett & Platt transaction closed on August 26, third quarter results include Leggett's performance from the closing date through the end of …
Total revenues were USD 1.3 million, compared with USD 2.6 million in the third quarter of 2025. For the nine months ended September 30, 2026, total revenues were USD 48.6 million, compared with USD 90.8 million. Management described the quarterly pattern as reflecting the …
Net earnings, including noncontrolling interests, were USD 98 million, and net earnings attributable to the parent were USD 73 million, or USD 0.06 per diluted share. For the nine months, total revenues were USD 21,285 million. The filing presents prior period comparisons across successor …
Total revenues increased USD 36.1 million, consisting of a USD 27.0 million increase in natural gas, NGLs and condensate sales, a USD 10.5 million increase in gathering services and related fees and a USD 1.4 million decrease in other revenue.
The company initiated oil sales on March 29, 2026, after filling the Santa Ynez Pipeline System with oil produced from Platform Harmony. Oil production from Platform Heritage resumed in April 2026 and contributed to sales thereafter. The company projects resuming oil production from Platform …
Vessel revenues were USD 357.5 million, compared with USD 338.5 million, and other operating revenues were USD 2.9 million, compared with USD 2.6 million.
GAAP gross margin was 37.9% and cash gross margin was 43.1%, both above the company's expectations, which management tied to execution on fixed-price programs and revenue on higher-margin programs.
Reported SG&A was USD 75 million, down almost USD 2 million sequentially, as the company scaled back areas where it saw inadequate returns. Adjusted EBITDA was USD 18 million, down 41% year over year and up USD 3 million, or 21%, sequentially on higher …
The results included a benefit to revenue of approximately 3 percentage points from business with a strategic partner that management said it does not expect to recur. Adjusted EBITDA was USD 266 million, a 36% margin, ahead of expectations.
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