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Business Segment and Entity Wide Disclosures (Tables)
12 Months Ended
Dec. 31, 2023
BUSINESS SEGMENT INFORMATION  
Schedule of operating segment revenues by major service lines

(in thousands)

2023

2022

2021

Technical Services:

  

  

  

Pressure Pumping

$

771,542

$

846,939

$

369,028

Downhole Tools

397,341

 

374,081

 

247,019

Coiled Tubing

152,484

 

140,889

 

88,946

Cementing

64,481

21,178

10,111

Nitrogen

47,306

 

39,596

 

38,773

Snubbing

26,345

 

28,028

 

15,408

All other

56,638

 

65,652

 

45,761

Total Technical Services

$

1,516,137

$

1,516,363

$

815,046

Support Services:

 

  

 

  

 

  

Rental Tools

$

73,301

$

62,780

$

32,167

All other

 

28,036

 

22,619

 

17,716

Total Support Services

$

101,337

$

85,399

$

49,883

Total revenues

$

1,617,474

$

1,601,762

$

864,929

Schedule of segment reporting information by segment

    

    

    

    

    

    

Gain on  

    

Pension

    

    

Technical 

Support

 disposition of 

Settlement

(in thousands)

    

Services

    

 Services

    

Corporate

    

assets, net

    

charges

    

Total

2023

  

  

  

  

  

Revenues

$

1,516,137

$

101,337

$

$

$

$

1,617,474

Operating income (loss)

245,904

26,461

(18,473)

9,344

(18,286)

244,950

Capital expenditures

160,799

15,634

4,572

181,005

Depreciation and amortization

 

97,773

10,293

57

 

 

108,123

Identifiable assets

 

867,550

81,754

337,541

 

 

1,286,845

2022

 

  

 

  

 

  

 

  

 

  

Revenues

$

1,516,363

$

85,399

$

$

$

$

1,601,762

Operating income (loss)

 

281,622

18,095

(17,660)

8,804

(2,921)

287,940

Capital expenditures

 

126,327

12,320

905

139,552

Depreciation and amortization

 

73,016

9,840

161

 

 

 

83,017

Identifiable assets

 

823,434

80,104

225,475

 

 

 

1,129,013

2021

 

  

 

  

 

  

 

  

 

 

  

Revenues

$

815,046

$

49,883

$

$

$

$

864,929

Operating income (loss)

 

24,434

(5,725)

(13,300)

10,882

16,291

Capital expenditures

 

59,316

7,012

1,317

67,645

Depreciation and amortization

 

62,667

 

9,752

 

267

 

 

 

72,686

Identifiable assets

 

580,406

 

69,345

 

214,614

 

 

 

864,365

Schedule of revenue by geographical location

(in thousands)

2023

    

2022

    

2021

United States revenues

$

1,588,774

$

1,569,160

$

833,686

International revenues

28,700

 

32,602

 

31,243

Total revenues

$

1,617,474

$

1,601,762

$

864,929