v3.26.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue:        
Total revenue $ 1,196,156 $ 947,397 $ 3,405,936 $ 2,967,379
Operating costs and expenses:        
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below) 995,049 769,761 2,819,121 2,343,484
General and administrative 69,479 58,284 196,191 182,403
Transaction and other costs (215) 0 7,476 811
Depreciation, depletion, and amortization 113,704 122,981 341,976 380,089
(Gain) loss on disposal of assets, net (1,165) (1,210) (13,126) 7,766
Total operating costs and expenses 1,176,852 949,816 3,351,638 2,914,553
Operating income (loss) 19,304 (2,419) 54,298 52,826
Other (income) expense:        
Loss (gain) on investments, net 62,892 (68,353) 2,663 (155,883)
Interest expense, net 5,898 10,902 16,983 30,607
Total other (income) expense, net 68,790 (57,451) 19,646 (125,276)
Net (loss) income before income taxes (49,486) 55,032 34,652 178,102
Income tax (benefit) expense (10,423) 11,977 8,036 43,920
Net (loss) income $ (39,063) $ 43,055 $ 26,616 $ 134,182
Net (loss) income per common share:        
Basic (in dollars per share) $ (0.24) $ 0.27 $ 0.16 $ 0.83
Diluted (in dollars per share) $ (0.24) $ 0.26 $ 0.16 $ 0.81
Weighted average common shares outstanding:        
Basic (in shares) 163,191 161,959 162,755 161,921
Diluted (in shares) 163,191 165,066 166,855 165,126
Nonrelated Party        
Revenue:        
Total revenue $ 1,196,156 $ 947,397 $ 3,405,936 $ 2,961,532
Related Party        
Revenue:        
Total revenue $ 0 $ 0 $ 0 $ 5,847