Shelf Drilling Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	116.5	81.4	-7.6	-28.8	-78.6	-274.86
Depreciation & Amortization	74.6	73	69.1	54.6	65.8	69.9
Other Amortization	10.9	11.7	10.4	6.3	4.7	3.34
Loss (Gain) From Sale of Assets	-44	-37.8	2.1	3.3	0.1	-3.6
Asset Writedown & Restructuring Costs	6.9	3.9	-	-	-	249.16
Stock-Based Compensation	5.2	5	2.4	2.5	3.3	4.17
Provision & Write-off of Bad Debts	2.1	2.6	4.7	0.7	0.7	2.63
Other Operating Activities	-97.3	-131.6	-83.7	-49	-38.8	-5.91
Change in Accounts Receivable	-4.1	-4.1	-57.6	-40.2	-7.7	23.62
Change in Accounts Payable	17.2	17.2	58.9	56.9	39	-20.96
Change in Income Taxes	4.3	4.3	4	4.1	0.3	-0.35
Change in Other Net Operating Assets	-28.1	2.5	83.4	9.4	-5	7.08
Operating Cash Flow	64.2	28.1	86.1	19.8	-16.2	54.22
Operating Cash Flow Growth	-34.62%	-67.36%	334.85%	-	-	-
Capital Expenditures	-32.1	-50	-107.2	-459.2	-45.9	-111.82
Sale of Property, Plant & Equipment	70.2	60.8	1.2	1.8	69.4	23.14
Other Investing Activities	49.7	44	-	-	-	-
Investing Cash Flow	87.8	54.8	-106	-457.4	23.5	-88.68
Short-Term Debt Issued	-	25	-	-	-	-
Long-Term Debt Issued	-	309.8	1,125	242.5	304.1	155
Total Debt Issued	-	334.8	1,125	242.5	304.1	155
Short-Term Debt Repaid	-	-25	-	-	-	-
Long-Term Debt Repaid	-	-289.6	-1,233	-	-135	-55
Total Debt Repaid	-85	-314.6	-1,233	-	-135	-55
Net Debt Issued (Repaid)	-85	20.2	-107.9	242.5	169.1	100
Issuance of Common Stock	-	-	101.6	48.3	-	-
Repurchase of Common Stock	-	-	-	-	-	-1.64
Other Financing Activities	-33.4	-42.8	-43.3	70.9	-12.2	-3.24
Financing Cash Flow	-118.4	-22.6	-49.6	361.7	156.9	95.12
Foreign Exchange Rate Adjustments	0.2	-5.6	-0.8	-	-	-
Net Cash Flow	33.8	54.7	-70.3	-75.9	164.2	60.66
Free Cash Flow	32.1	-21.9	-21.1	-439.4	-62.1	-57.6
Free Cash Flow Margin	3.26%	-2.22%	-2.39%	-64.32%	-11.79%	-9.84%
Free Cash Flow Per Share	0.13	-0.09	-0.11	-2.79	-0.45	-0.42
Cash Interest Paid	139.7	139.7	140.7	101.8	96	85.19
Cash Income Tax Paid	30.8	30.8	22.4	25.9	16.7	15.83
Levered Free Cash Flow	84.36	42.78	-32.49	-395.71	60.86	-82.05
Unlevered Free Cash Flow	165.28	123.83	45.11	-330.26	126.85	-29.32
Change in Working Capital	-10.7	19.9	88.7	30.2	26.6	9.4

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.