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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenues:        
Total operating revenues $ 1,011,452 $ 727,503 $ 2,562,139 $ 1,859,116
Operating costs and expenses:        
Depreciation, depletion, amortization and impairment 197,635 122,150 452,629 360,641
Selling, general and administrative 45,102 28,472 108,925 82,012
Merger and integration expense 70,188 24 78,128 2,069
Other operating income, net (2,635) (109) (9,994) (10,565)
Total operating costs and expenses 1,001,748 651,158 2,321,890 1,764,890
Operating income 9,704 76,345 240,249 94,226
Other income (expense):        
Interest income 2,131 58 4,583 87
Interest expense, net of amount capitalized (15,625) (10,975) (34,189) (32,198)
Other (618) (1,774) 3,191 (2,644)
Total other expense (14,112) (12,691) (26,415) (34,755)
Income before income taxes (4,408) 63,654 213,834 59,471
Income tax expense (4,130) 2,202 29,820 4,910
Net income (loss) (278) 61,452 184,014 54,561
Net loss attributable to noncontrolling interest (328) 0 (328) 0
Net income attributable to common stockholders $ 50 $ 61,452 $ 184,342 $ 54,561
Net income per common share:        
Basic $ 0 $ 0.28 $ 0.79 $ 0.25
Diluted $ 0 $ 0.28 $ 0.79 $ 0.25
Weighted average number of common shares outstanding:        
Basic 280,218 216,822 233,631 216,090
Diluted 281,984 220,454 234,488 219,381
Cash dividends per common share $ 0.08 $ 0.04 $ 0.24 $ 0.12
Drilling Services        
Operating revenues:        
Total operating revenues $ 488,775 $ 418,025 $ 1,456,161 $ 1,083,329
Operating costs and expenses:        
Operating costs and expenses 279,927 279,232 842,761 741,317
Completion Services        
Operating revenues:        
Total operating revenues 459,574 287,664 1,003,083 715,630
Operating costs and expenses:        
Operating costs and expenses 368,869 211,704 785,458 560,627
Drilling Produtcs        
Operating revenues:        
Total operating revenues 46,570 0 46,570 0
Operating costs and expenses:        
Operating costs and expenses 32,071 0 32,071 0
Other        
Operating revenues:        
Total operating revenues 16,533 21,814 56,325 60,157
Operating costs and expenses:        
Operating costs and expenses $ 10,591 $ 9,685 $ 31,912 $ 28,789