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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information

Summarized financial information for our segments is as follows:

 

 For the Three Months Ended June 30, 2024

 

 

 

 

Well

 

 

Corporate and

 

 

Consolidated

 

 

Rentals

 

 

Services

 

 

Other

 

 

Total

 

 Revenues

 

$

99,851

 

 

$

101,230

 

 

$

-

 

 

$

201,081

 

 Cost of revenues (exclusive of items shown separately below)

 

 

36,596

 

 

 

71,672

 

 

 

-

 

 

 

108,268

 

 Depreciation, depletion, amortization and accretion

 

 

11,962

 

 

 

8,392

 

 

 

514

 

 

 

20,868

 

 General and administrative expenses

 

 

7,142

 

 

 

11,184

 

 

 

15,078

 

 

 

33,404

 

 Other (gains) and losses, net

 

 

90

 

 

 

(704

)

 

 

-

 

 

 

(614

)

 Income (loss) from operations

 

$

44,061

 

 

$

10,686

 

 

$

(15,592

)

 

$

39,155

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 For the Three Months Ended June 30, 2023

 

 

 

 

Well

 

 

Corporate and

 

 

Consolidated

 

 

Rentals

 

 

Services

 

 

Other

 

 

Total

 

 Revenues

 

$

112,411

 

 

$

132,062

 

 

$

-

 

 

$

244,473

 

 Cost of revenues (exclusive of items shown separately below)

 

 

35,021

 

 

 

85,733

 

 

 

-

 

 

 

120,754

 

 Depreciation, depletion, amortization and accretion

 

 

12,553

 

 

 

7,204

 

 

 

864

 

 

 

20,621

 

 General and administrative expenses

 

 

6,993

 

 

 

11,391

 

 

 

12,793

 

 

 

31,177

 

 Other (gains) and losses, net

 

 

(262

)

 

 

309

 

 

 

-

 

 

 

47

 

 Income (loss) from operations

 

$

58,106

 

 

$

27,425

 

 

$

(13,657

)

 

$

71,874

 

 

 For the Six Months Ended June 30, 2024

 

 

 

 

Well

 

 

Corporate and

 

 

Consolidated

 

 

Rentals

 

 

Services

 

 

Other

 

 

Total

 

 Revenues

 

$

207,942

 

 

$

201,773

 

 

$

-

 

 

$

409,715

 

 Cost of revenues (exclusive of items shown separately below)

 

 

74,362

 

 

 

140,545

 

 

 

-

 

 

 

214,907

 

 Depreciation, depletion, amortization and accretion

 

 

23,772

 

 

 

16,523

 

 

 

1,020

 

 

 

41,315

 

 General and administrative expenses

 

 

14,334

 

 

 

22,511

 

 

 

31,534

 

 

 

68,379

 

 Other (gains) and losses, net

 

 

202

 

 

 

(1,884

)

 

 

(14

)

 

 

(1,696

)

 Income (loss) from operations

 

$

95,272

 

 

$

24,078

 

 

$

(32,540

)

 

$

86,810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 For the Six Months Ended June 30, 2023

 

 

 

 

Well

 

 

Corporate and

 

 

Consolidated

 

 

Rentals

 

 

Services

 

 

Other

 

 

Total

 

 Revenues

 

$

221,232

 

 

$

243,378

 

 

$

-

 

 

$

464,610

 

 Cost of revenues (exclusive of items shown separately below)

 

 

71,489

 

 

 

166,986

 

 

 

-

 

 

 

238,475

 

 Depreciation, depletion, amortization and accretion

 

 

24,721

 

 

 

14,281

 

 

 

1,758

 

 

 

40,760

 

 General and administrative expenses

 

 

14,195

 

 

 

22,890

 

 

 

25,082

 

 

 

62,167

 

 Restructuring and transaction expenses

 

 

-

 

 

 

-

 

 

 

1,983

 

 

 

1,983

 

 Other gains, net

 

 

(293

)

 

 

(1,058

)

 

 

-

 

 

 

(1,351

)

 Income (loss) from operations

 

$

111,120

 

 

$

40,279

 

 

$

(28,823

)

 

$

122,576

 

 

 

Schedule Of Identifiable Assets

Identifiable Assets

 

 

 

 

 

Well

 

 

Corporate

 

 

Consolidated

 

 

Rentals

 

 

Services

 

 

and Other

 

 

Total

 

June 30, 2024

 

$

503,125

 

 

$

484,984

 

 

$

157,884

 

 

$

1,145,993

 

December 31, 2023

 

 

553,706

 

 

 

597,438

 

 

 

189,849

 

 

 

1,340,993