v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues:    
Revenues $ 1,117,331 $ 1,280,537
Operating costs and expenses:    
Depreciation, depletion, amortization and impairment 218,394 231,866
General and administrative 68,763 66,930
Other operating expense (income), net (4,664) 3,382
Total operating costs and expenses 1,131,648 1,263,592
Operating income (loss) (14,317) 16,945
Other income (expense):    
Interest income 2,765 1,464
Interest expense, net of amount capitalized (17,485) (17,697)
Other income (expense) 965 1,968
Total other income (expense) (13,755) (14,265)
Income (loss) before income taxes (28,072) 2,680
Income tax expense (benefit) (3,596) 1,390
Net income (loss) (24,476) 1,290
Net income (loss) attributable to noncontrolling interest 151 285
Net income (loss) attributable to common stockholders $ (24,627) $ 1,005
Net income (loss) attributable to common stockholder per common share:    
Basic (in usd per share) $ (0.06) $ 0.00
Diluted (in usd per share) $ (0.06) $ 0.00
Weighted average number of common shares outstanding:    
Basic (in shares) 379,587 386,521
Diluted (in shares) 379,587 387,044
Cash dividends per common share (in usd per share) $ 0.10 $ 0.08
Drilling Services    
Operating revenues:    
Revenues $ 351,717 $ 412,860
Operating costs and expenses:    
Operating costs and expenses 217,861 247,629
Completion Services    
Operating revenues:    
Revenues 679,587 766,080
Operating costs and expenses:    
Operating costs and expenses 581,486 657,681
Drilling Products    
Operating revenues:    
Revenues 79,797 85,663
Operating costs and expenses:    
Operating costs and expenses 46,924 46,940
Other    
Operating revenues:    
Revenues 6,230 15,934
Operating costs and expenses:    
Operating costs and expenses $ 2,884 $ 9,164