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Dividends	12 Months Ended
Dec. 31, 2020
Dividends
Dividends	9. Dividends The Company did not issue any stock dividends during calendar years 2020 or 2019. The Company has not paid cash dividends during calendar years 2020 and 2019. While there are currently no restrictions prohibiting the Company from paying cash dividends, the Board of Directors, after consideration of economic and market conditions affecting the energy industry in general, and the oilfield services business in particular, determined that the Company would not pay a cash dividend in respect of the Company’s common stock for the foreseeable future. Payment of any type of dividend in the future will be at the discretion of the Company’s board and will depend on the Company’s financial condition, results of operations, capital and legal requirements, and other factors deemed relevant by the board.

Dividends

12 Months Ended

Dec. 31, 2020

9. Dividends

The Company did not issue any stock dividends during calendar years 2020 or 2019.

The Company has not paid cash dividends during calendar years 2020 and 2019. While there are currently no restrictions prohibiting the Company from paying cash dividends, the Board of Directors, after consideration of economic and market conditions affecting the energy industry in general, and the oilfield services business in particular, determined that the Company would not pay a cash dividend in respect of the Company’s common stock for the foreseeable future. Payment of any type of dividend in the future will be at the discretion of the Company’s board and will depend on the Company’s financial condition, results of operations, capital and legal requirements, and other factors deemed relevant by the board.