6 unchanged sentences
Our Board will review this matter on a regular basis in light of our earnings, financial position and market opportunities.
−Removed: See Management’s Discussion and Analysis of Financial Condition and Results of Operations “— Liquidity and Capital Resources.”
+Added: Management’s Discussion and Analysis of Financial Condition and Results of Operations “— Liquidity and Capital Resources” of this Annual Report.
Shareholder Return Performance Graph
2 unchanged sentences
and (iii) a peer group selected by us as of January 2023 (the “2023 Performance Peer Group”) including the following companies:
−Removed: Archrock, Inc., ChampionX Corporation, Core Laboratories N.V., Dril-Quip, Inc., Forum Energy Technologies, Inc., Helmerich & Payne, Inc., Nabors Industries Ltd., Newpark Resources, Inc., NexTier Oilfield Solutions Inc., Oceaneering International, Inc., Oil States International, Inc., Patterson-UTI Energy, Inc., ProPetro Holding Corp., RPC, Inc., Select Energy Services, Inc., TETRA Technologies, Inc., Tidewater Inc., Transocean Ltd.
+Added: Archrock, Inc., ChampionX Corporation, Core Laboratories N.V., Dril-Quip, Inc., Expro Group Holdings N.V., Forum Energy Technologies, Inc., Helmerich & Payne, Inc., Nabors Industries Ltd., Newpark Resources, Inc., Oceaneering International, Inc., Oil States International, Inc., Patterson-UTI Energy, Inc., Precision Drilling Corporation, ProPetro Holding Corp., RPC, Inc., Select Energy Services, Inc., TETRA Technologies, Inc., Tidewater Inc.
and USA Compression Partners, LP.
15 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: number of shares
+Added: Approximate dollar
+Added: value of shares
+Added: that may yet be
part of publicly
+Added: purchased under the
announced plans
−Removed: under the plans
+Added: plans or programs (3)
purchased (1)
or programs (2)
+Added: (in thousands)
October 1 to October 31, 2023
1 unchanged sentence
December 1 to December 31, 2023
−Removed: (1) Represents shares forfeited in satisfaction of tax obligations upon vesting of restricted shares.
−Removed: (2) Under the terms of this share repurchase program, we were authorized to repurchase shares of our common stock in an amount equal to any equity granted to our employees, officers and directors under our share-based compensation plans, including share-based awards under our existing long-term incentive plans and shares issued to our employees under our Employee Stock Purchase Plan (Note 13).
−Removed: On February 20, 2023, we announced that our Board authorized a new share repurchase program for repurchase of up to $200 million issued and outstanding shares of our common stock (Note 10).
−Removed: At the same time, our Board revoked the prior authorization relating to this repurchase program.
−Removed: (3) In December 2022, we issued 175,882 shares of restricted stock to independent members of our Board.
−Removed: In January 2023, we issued 9,210 shares of restricted stock to certain independent members of our Board who elected to take their 2022 quarterly fees in stock in lieu of cash.
−Removed: These issuances increase the number of shares available for repurchase under our previously authorized share repurchase program by a corresponding amount.
+Added: (1) Includes shares repurchased in open-market transactions pursuant to the 2023 Repurchase Program as described in footnote (3) below and shares forfeited in satisfaction of tax obligations upon vesting of share-based awards under our existing long-term incentive plans.
+Added: (2) Represents shares repurchased under the 2023 Repurchase Program.
+Added: (3) On February 20, 2023, we announced that our Board authorized a new share repurchase program under which we are authorized to repurchase up to $200 million issued and outstanding shares of our common stock (Note 10).
+Added: The 2023 Repurchase Program has no set expiration date.
+Added: Concurrent with the authorization of the 2023 Repurchase Program, our Board revoked the prior authorization to repurchase shares of our common stock in an amount equal to any equity granted to our employees, officers and directors under our share-based compensation plans.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.