Segment Information - Financial Information by Segment (Details) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
|
Sep. 30, 2026
USD ($)
|
Sep. 30, 2025
USD ($)
|
Sep. 30, 2026
USD ($)
segment
|
Sep. 30, 2025
USD ($)
|
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| Segment Information | ||||||
| Number of reportable segments | segment | 4 | |||||
| Operating revenues | [1] | $ 872,194 | $ 818,190 | $ 2,470,537 | $ 2,387,164 | |
| Direct costs | (536,577) | (491,828) | (1,537,597) | (1,428,009) | ||
| Depreciation and amortization | (159,744) | (160,347) | (476,479) | (490,046) | ||
| Other segment expenses | (90,074) | (90,054) | (260,924) | (268,043) | ||
| Capital expenditures | 140,789 | 188,053 | 458,323 | 537,098 | ||
| Operating Segments | ||||||
| Segment Information | ||||||
| Operating revenues | 891,281 | 834,610 | 2,518,446 | 2,431,636 | ||
| Direct costs | (552,361) | (503,795) | (1,576,110) | (1,460,131) | ||
| Depreciation and amortization | (157,162) | (158,384) | (467,674) | (484,421) | ||
| Other segment expenses | (44,911) | (44,667) | (132,007) | (129,590) | ||
| Total adjusted operating income (loss) | 136,847 | 127,764 | 342,655 | 357,494 | ||
| Capital expenditures | 138,493 | 188,619 | 456,117 | 534,366 | ||
| Operating Segments | U.S. Drilling | ||||||
| Segment Information | ||||||
| Operating revenues | 274,925 | 249,836 | 768,528 | 736,020 | ||
| Direct costs | (168,737) | (149,156) | (466,524) | (428,372) | ||
| Depreciation and amortization | (66,006) | (62,732) | (192,567) | (185,877) | ||
| Other segment expenses | (6,797) | (6,519) | (20,467) | (18,955) | ||
| Total adjusted operating income (loss) | 33,385 | 31,429 | 88,970 | 102,816 | ||
| Capital expenditures | 47,691 | 39,238 | 147,503 | 107,137 | ||
| Operating Segments | International Drilling | ||||||
| Segment Information | ||||||
| Operating revenues | 458,544 | 407,235 | 1,310,537 | 1,173,923 | ||
| Direct costs | (292,147) | (260,004) | (854,394) | (756,390) | ||
| Depreciation and amortization | (81,443) | (82,075) | (246,640) | (246,210) | ||
| Other segment expenses | (20,679) | (19,680) | (58,611) | (56,838) | ||
| Total adjusted operating income (loss) | 64,275 | 45,476 | 150,892 | 114,485 | ||
| Capital expenditures | 85,111 | 132,678 | 296,154 | 368,189 | ||
| Operating Segments | Drilling Solutions | ||||||
| Segment Information | ||||||
| Operating revenues | 116,065 | 141,942 | 332,927 | 405,404 | ||
| Direct costs | (61,188) | (69,186) | (177,806) | (193,891) | ||
| Depreciation and amortization | (7,763) | (10,684) | (22,441) | (44,760) | ||
| Other segment expenses | (10,964) | (12,090) | (32,533) | (33,493) | ||
| Total adjusted operating income (loss) | 36,150 | 49,982 | 100,147 | 133,260 | ||
| Capital expenditures | 5,334 | 16,186 | 11,298 | 57,772 | ||
| Operating Segments | Rig Technologies | ||||||
| Segment Information | ||||||
| Operating revenues | 41,747 | 35,597 | 106,454 | 116,289 | ||
| Direct costs | (30,289) | (25,449) | (77,386) | (81,478) | ||
| Depreciation and amortization | (1,950) | (2,893) | (6,026) | (7,574) | ||
| Other segment expenses | (6,471) | (6,378) | (20,396) | (20,304) | ||
| Total adjusted operating income (loss) | 3,037 | 877 | 2,646 | 6,933 | ||
| Capital expenditures | 357 | 517 | 1,162 | 1,268 | ||
| Other items | ||||||
| Segment Information | ||||||
| Operating revenues | (19,087) | (16,420) | (47,909) | (44,472) | ||
| Direct costs | 15,784 | 11,967 | 38,513 | 32,122 | ||
| Depreciation and amortization | (2,582) | (1,963) | (8,805) | (5,625) | ||
| Other segment expenses | (45,163) | (45,387) | (128,917) | (138,453) | ||
| Capital expenditures | $ 2,296 | $ (566) | $ 2,206 | $ 2,732 | ||
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