Oil & Gas Services

credit / rates affecting interest expense

“Other The following table sets forth our significant financial statement items below the income (loss) from operations line: Three Months Ended Six Months Ended (in thousands) Jun 30, 2026 Jun 30, 2025 Jun 30, 2026 Jun 30, 2025 Interest income $ 4,904 $ 3,017 $ 9,965 $ 6,661 Interest expense, net of amounts capitalized (8,456) (9,472) (17,561) (18,547) Equity in income (losses) of unconsolidated affiliates 1,210 311 1,487 673 Other income (expense), net 182 5,371 990 6,346 Provision (benefit) for income taxes 22,497 23,974 41,219 42,975 Interest income for the three- and six-month periods ended June 30, 2026 as compared to the corresponding periods of the prior year increased primarily due to higher average interest-earnings cash balances in 2026.”

OII 10-Q

demand / volume

“Despite recent macroeconomic uncertainty, including as a result of U.S. tariff policy and retaliatory tariffs, we believe that ongoing global demand for energy will continue to benefit our Energy business.”

OII 10-Q

credit / rates affecting expense

“Other expense was $10 million for the three months ended March 31, 2026 and was primarily attributable to 24 interest expense on borrowings associated with the acquisition of MRC Global completed in the fourth quarter of 2025.”

DNOW 10-Q