Business mix
- The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies.
- The company offers tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.
- The company also offers drilling systems comprising ROCKit, a directional steering control system.
- In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas drilling?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?
