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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenues:    
Total operating revenues $ 791,802 $ 509,375
Operating costs and expenses:    
Depreciation, depletion, amortization and impairment 128,180 116,938
Selling, general and administrative 30,566 27,461
Merger and integration expenses 0 1,863
Other operating income, net (5,566) (1,218)
Total operating costs and expenses 665,839 528,256
Operating income (loss) 125,963 (18,881)
Other income (expense):    
Interest income 1,240 15
Interest expense, net of amount capitalized (8,826) (10,565)
Other 1,486 1,582
Total other expense (6,100) (8,968)
Income (loss) before income taxes 119,863 (27,849)
Income tax expense 20,185 928
Net income (loss) $ 99,678 $ (28,777)
Net loss per common share:    
Basic $ 0.47 $ (0.13)
Diluted $ 0.46 $ (0.13)
Weighted average number of common shares outstanding:    
Basic 212,089 215,267
Diluted 215,866 215,267
Cash dividends per common share $ 0.08 $ 0.04
Contract Drilling    
Operating revenues:    
Total operating revenues $ 419,026 $ 256,640
Operating costs and expenses:    
Operating costs and expenses 230,358 176,706
Pressure Pumping    
Operating revenues:    
Total operating revenues 293,268 189,590
Operating costs and expenses:    
Operating costs and expenses 220,116 157,468
Directional Drilling    
Operating revenues:    
Total operating revenues 56,263 43,334
Operating costs and expenses:    
Operating costs and expenses 48,046 36,954
Other    
Operating revenues:    
Total operating revenues 23,245 19,811
Operating costs and expenses:    
Operating costs and expenses $ 14,139 $ 12,084