Patterson-UTI Energy, Inc. (OQ:PTEN)

May 13, 2024 01:01 am ET
Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAE
HOUSTON, TX / ACCESSWIRE / May 13, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi. Subject to the execution of definitive agreements and any necessary regulatory approvals, Patterson-UTI expects to hold a minority equity in
May 06, 2024 05:55 pm ET
Patterson-UTI Reports Drilling Activity for April 2024
HOUSTON, TX / ACCESSWIRE / May 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2024, the Company had an average of 116 drilling rigs operating in the United States.
May 01, 2024 06:25 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2024
HOUSTON, TX / ACCESSWIRE / May 1, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2024.
Apr 08, 2024 06:30 pm ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / April 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, May 2, 2024, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2024.
Apr 03, 2024 04:45 pm ET
Patterson-UTI Reports Drilling Activity for March 2024
HOUSTON, TX / ACCESSWIRE / April 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2024, the Company had an average of 120 drilling rigs operating in the United States. For the three months ended March 31, 2024, the Company had an average of 121 drilling rigs operating in the United States.
Mar 04, 2024 06:45 pm ET
Patterson-UTI Reports Drilling Activity for February 2024
HOUSTON, TX / ACCESSWIRE / March 4, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2024, the Company had an average of 122 drilling rigs operating in the United States. For the two months ended February 29, 2024, the Company had an average of 122 drilling rigs operating in the United States.
Feb 14, 2024 06:30 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2023
HOUSTON, TX / ACCESSWIRE / February 14, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2023.
Feb 05, 2024 06:00 pm ET
Patterson-UTI Reports Drilling Activity for January 2024
HOUSTON, TX / ACCESSWIRE / February 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2024, the Company had an average of 122 drilling rigs operating in the United States.
Jan 19, 2024 06:09 pm ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / January 19, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 15, 2024, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2023.
Jan 08, 2024 04:15 pm ET
Patterson-UTI Reports Drilling Activity for December 2023
HOUSTON, TX / ACCESSWIRE / January 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2023, the Company had an average of 119 drilling rigs operating in the United States. For the three months ended December 31, 2023, the Company had an average of 118 drilling rigs operating in the United States.
Dec 08, 2023 05:22 pm ET
Patterson-UTI Reports Drilling Activity for November 2023
HOUSTON, TX / ACCESSWIRE / December 8, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2023, the Company had an average of 118 drilling rigs operating in the United States. For the two months ended November 30, 2023, the Company had an average of 117 drilling rigs operating in the United States.
Nov 07, 2023 06:24 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2023
HOUSTON, TX / ACCESSWIRE / November 7, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended September 30, 2023.
Nov 06, 2023 04:30 pm ET
Patterson-UTI Reports Drilling Activity for October 2023
HOUSTON, TX / ACCESSWIRE / November 6, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2023, the Company had an average of 117 drilling rigs operating in the United States.
Oct 09, 2023 09:31 am ET
Thinking about trading options or stock in Albemarle Corp, Patterson-UTI Energy, Gold Fields Limited, VEON, or AngloGold Ashanti?
NEW YORK, Oct. 9, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ALB, PTEN, GFI, VEON, and AU.
Oct 05, 2023 04:15 pm ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / October 5, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Wednesday, November 8, 2023, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2023. Due to the recent acquisitions of Ulterra Drilling Technologies and NexTier Oilfield Solutions, the Company will report earnings later than is typical for the third quarter of 2023. The Company expects to discuss results for the fourth quarter and year ending December 31, 2023 on its historical reporting timeline.
Oct 04, 2023 05:10 pm ET
Patterson-UTI Reports Drilling Activity for September 2023
HOUSTON, TX / ACCESSWIRE / October 4, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2023, the Company had an average of 117 drilling rigs operating in the United States. For the three months ended September 30, 2023, the Company had an average of 119 drilling rigs operating in the United States.
Sep 07, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for August 2023
HOUSTON, TX / ACCESSWIRE / September 7, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2023, the Company had an average of 117 drilling rigs operating in the United States. For the two months ended August 31, 2023, the Company had an average of 120 drilling rigs operating in the United States.
Sep 01, 2023 09:25 am ET
Patterson-UTI Energy and NexTier Oilfield Solutions Complete Merger
HOUSTON, TX / ACCESSWIRE / September 1, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") today announced the completion of its previously announced all-stock merger with NexTier Oilfield Solutions Inc. ("NexTier"), creating a leading provider of drilling and completions services in the United States. The combined company will retain the name Patterson-UTI Energy, Inc., continue trading under the ticker symbol PTEN and maintain its headquarters in Houston, Texas.
Aug 30, 2023 04:25 pm ET
Shareholders of Patterson-UTI Energy and NexTier Oilfield Solutions Approve Merger of Equals
HOUSTON, TX / ACCESSWIRE / August 30, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") and NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier") today announced that, at separate special meetings held earlier today, both companies' shareholders voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals transaction.
Aug 29, 2023 06:00 am ET
Patterson-UTI Energy to Participate in the Barclays CEO Energy-Power Conference
HOUSTON, TX / ACCESSWIRE / August 29, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the Barclays CEO Energy-Power Conference on Tuesday, September 5, 2023, and Wednesday, September 6, 2023. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, Chief Operating Officer; and Mike Drickamer, Vice President Investor Relations.
Aug 14, 2023 04:01 pm ET
Patterson-UTI Energy Completes Acquisition of Ulterra Drilling Technologies
HOUSTON, TX / ACCESSWIRE / August 14, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI"), a leading provider of drilling and completions services in the United States, today announced it has completed the acquisition of Ulterra Drilling Technologies, L.P. ("Ulterra"), a global provider of specialized drill bit solutions. Total consideration for the acquisition, on a cash-free, debt-free basis, included $370 million of cash and 34.9 million shares of Patterson-UTI common stock.
Aug 03, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2023
HOUSTON, TX / ACCESSWIRE / August 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2023, the Company had an average of 123 drilling rigs operating in the United States.
Jul 28, 2023 05:00 am ET
Patterson-UTI and NexTier Oilfield Solutions Announce Expiration of Hart-Scott Rodino Waiting Period for Pending Merger
HOUSTON, TX / ACCESSWIRE / July 28, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") and NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with the previously announced all-stock merger of equals transaction.
Jul 26, 2023 05:00 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2023
HOUSTON, TX / ACCESSWIRE / July 26, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2023. The Company reported net income of $84.6 million, or $0.40 per share, for the second quarter of 2023, compared to net income of $99.7 million, or $0.46 per share, for the first quarter of 2023. Revenues for the second quarter of 2023 were $759 million, compared to $792 million for the first quarter of 2023.
Jul 18, 2023 10:40 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PRTK, PTEN, NEX, BG
NEW YORK, July 18, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jul 11, 2023 06:42 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NETI, PTEN, NEX, PRTK
NEW YORK, July 11, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jul 06, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2023
HOUSTON, TX / ACCESSWIRE / July 6, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2023, the Company had an average of 126 drilling rigs operating in the United States. For the three months ended June 30, 2023, the Company had an average of 128 drilling rigs operating in the United States.
Jul 05, 2023 06:00 am ET
Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra
Ulterra is a Leading Provider of Highly Engineered Polycrystalline Diamond Compact ("PDC") Drill Bits in North America with a Growing International Presence
Jun 29, 2023 06:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / June 29, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, July 27, 2023, at 9:00 a.m. Central Time to discuss results for the second quarter ending June 30, 2023.
Jun 27, 2023 03:53 am ET
IMPORTANT ALERT: Halper Sadeh LLC Investigates FOCS, KDNY, PTEN, FRG
NEW YORK, June 27, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jun 26, 2023 09:19 am ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Conformis, Inc. (Nasdaq – CFMS), Eneti Inc. (NYSE – NETI), Franchise Group, Inc. (Nasdaq – FRG), NexTier Oilfie
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
Jun 25, 2023 08:37 am ET
IMPORTANT ALERT: Halper Sadeh LLC Investigates KDNY, BG, NEX, PTEN
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Chinook Therapeutics, Inc. (NASDAQ:...
Jun 24, 2023 08:11 pm ET
Lifshitz Law PLLC Announces Investigations of SURF, NETI, NEX, and PTEN
Surface Oncology, Inc. (NASDAQ: SURF) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of SURF to Coherus BioSciences, Inc. Under the terms of the agreement, SURF shareholders will...
Jun 20, 2023 06:00 am ET
Patterson-UTI Energy to Participate in the J.P. Morgan 2023 Energy, Power and Renewables Conference
HOUSTON, TX / ACCESSWIRE / June 20, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the J.P. Morgan 2023 Energy, Power and Renewables Conference. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; and Mike Drickamer, Vice President Investor Relations.
Jun 15, 2023 04:56 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Merger of NexTier Oilfield Solutions Inc.
NEW YORK, June 15, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by NexTier Oilfield Solutions Inc. (NYSE: NEX) and its board of directors concerning the proposed merger of the company with Patterson-UTI Energy, Inc. (NASDAQ: PTEN). Stockholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier stock that they hold and will own approximately 45% of the combined company. The transaction is expected to close in the fourth quarter of 2023.
Jun 15, 2023 12:53 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates WTT, BG, PTEN, NEX
NEW YORK, June 15, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jun 15, 2023 09:38 am ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: NexTier Oilfield Solutions Inc. (NYSE – NEX), Chinook Therapeutics, Inc. (Nasdaq – KDNY), Franchise Group, Inc.
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
Jun 15, 2023 09:00 am ET
PTEN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Patterson-UTI Energy, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) and NexTier Oilfield Solutions Inc. is fair to Patterson-UTI shareholders. Under the terms of the agreement, NexTier shareholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned. Upon closing of the transaction, Patterson-UTI shareholders will own approximately 55% of the combined company.
Jun 15, 2023 06:00 am ET
Patterson-UTI Energy and NexTier Oilfield Solutions to Combine in Merger of Equals, Creating Industry Leading Drilling and Completions Services Provider
Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders
Jun 05, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for May 2023
HOUSTON, TX / ACCESSWIRE / June 5, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2023, the Company had an average of 128 drilling rigs operating in the United States. For the two months ended May 31, 2023, the Company had an average of 129 drilling rigs operating in the United States.
May 05, 2023 06:00 am ET
Patterson-UTI Publishes Corporate Sustainability Report
HOUSTON, TX / ACCESSWIRE / May 5, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) announces the release of its fourth annual corporate sustainability report, showcasing the company's ongoing commitment to environmental, social, and governance ("ESG") issues. The report provides updates on the sustainability progress made by Patterson-UTI Energy, Inc. and includes disclosures aligned with industry-standard frameworks such as the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD). Interested parties can acces
May 03, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for April 2023
HOUSTON, TX / ACCESSWIRE / May 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2023, the Company had an average of 131 drilling rigs operating in the United States.
Apr 26, 2023 06:00 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2023
HOUSTON, TX / ACCESSWIRE / April 26, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2023. The Company reported net income of $99.7 million, or $0.46 per share, for the first quarter of 2023, compared to net income of $100 million, or $0.46 per share, for the fourth quarter of 2022. Revenues for the first quarter of 2023 were $792 million, compared to $788 million for the fourth quarter of 2022.
Apr 05, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for March 2023
HOUSTON, TX / ACCESSWIRE / April 5, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2023, the Company had an average of 131 drilling rigs operating in the United States. For the quarter ended March 31, 2023, the Company had an average of 131 drilling rigs operating in the United States.
Mar 28, 2023 06:00 am ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / March 28, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, April 27, 2023, at 9:00 a.m. Central Time to discuss results for the first quarter ending March 31, 2023.
Mar 03, 2023 06:01 am ET
Patterson-UTI Reports Drilling Activity for February 2023
HOUSTON, TX / ACCESSWIRE / March 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2023, the Company had an average of 131 drilling rigs operating in the United States. For the two months ended February 28, 2023, the Company had an average of 131 drilling rigs operating in the United States.
Mar 03, 2023 06:00 am ET
Patterson-UTI Energy to Participate in the Raymond James 44th Annual Institutional Investors Conference
HOUSTON, TX / ACCESSWIRE / March 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the Raymond James 44th Annual Institutional Investors Conference on Tuesday, March 7, 2023. Participating in the conference from Patterson-UTI will be Andy Smith, Chief Financial Officer; and Mike Drickamer, Vice President Investor Relations.
Feb 08, 2023 04:40 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2022
HOUSTON, TX / ACCESSWIRE / February 8, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2022. The Company reported net income of $100 million, or $0.46 per share, for the fourth quarter of 2022, compared to net income of $61.5 million, or $0.28 per share, for the third quarter of 2022. Revenues for the fourth quarter of 2022 were $788 million, compared to $728 million for the third quarter of 2022.
Feb 03, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for January 2023
HOUSTON, TX / ACCESSWIRE / February 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2023, the Company had an average of 130 drilling rigs operating in the United States.
Jan 10, 2023 06:00 am ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / January 10, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 9, 2023, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2022.
Jan 05, 2023 06:00 am ET
Patterson-UTI Reports Drilling Activity for December 2022
HOUSTON, TX / ACCESSWIRE / January 5, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2022, the Company had an average of 132 drilling rigs operating in the United States. For the quarter ended December 31, 2022, the Company had an average of 131 drilling rigs operating in the United States.
Jan 04, 2023 06:00 am ET
Patterson-UTI Energy Provides Update on Expected Fourth Quarter Financial Results
HOUSTON, TX / ACCESSWIRE / January 4, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) announced today that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections. The Company also demonstrated its commitment during the fourth quarter to returning capital to its shareholders while maintaining a strong balance sheet. In aggregate, the Company returned $74.3 million to shareholders in the fourth quarter through its regularly schedu
Jan 03, 2023 06:00 am ET
Patterson-UTI Energy Announces Appointments of Mike Holcomb to Chief Operating Officer of Patterson-UTI Energy and Mike Garvin to President of Patterson-UTI Drilling
HOUSTON, TX / ACCESSWIRE / January 3, 2023 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) announced today that James "Mike" Holcomb has been promoted to the new position of Chief Operating Officer of Patterson-UTI Energy. "I am pleased to continue to work with Mike in his new and expanded role," stated Mr. Hendricks. "With Patterson-UTI's recent growth and market outlook, this new position will allow us to provide additional support to our business units, enhance the ability of our businesses to continue to support our customers, and bette
Dec 21, 2022 06:00 am ET
Patterson-UTI Energy to Participate in the Goldman Sachs Global Energy and Clean Technology Conference
HOUSTON, TX / ACCESSWIRE / December 21, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the Goldman Sachs Global Energy and Clean Technology Conference on Thursday, January 5, 2023. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; and Mike Drickamer, Vice President Investor Relations.
Dec 05, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for November 2022
HOUSTON, TX / ACCESSWIRE / December 5, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2022, the Company had an average of 131 drilling rigs operating in the United States. For the two months ended November 30, 2022, the Company had an average of 131 drilling rigs operating in the United States.
Nov 03, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for October 2022
HOUSTON, TX / ACCESSWIRE / November 3, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2022, the Company had an average of 131 drilling rigs operating in the United States.
Oct 26, 2022 04:57 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2022; Doubles Dividend and Announces Shareholder Return Target
HOUSTON, TX / ACCESSWIRE / October 26, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended September 30, 2022. The Company reported net income of $61.5 million, or $0.28 per share, for the third quarter of 2022, compared to net income of $21.9 million, or $0.10 per share, for the second quarter of 2022. Revenues for the third quarter of 2022 were $728 million, compared to $622 million for the second quarter of 2022.
Oct 05, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for September 2022
HOUSTON, TX / ACCESSWIRE / October 5, 2022 / - PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2022, the Company had an average of 130 drilling rigs operating in the United States. For the three months ended September 30, 2022, the Company had an average of 128 drilling rigs operating in the United States.
Oct 04, 2022 06:00 am ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / October 4, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will hold a conference call on Thursday, October 27, 2022, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2022.
Sep 09, 2022 08:40 am ET
Patterson-UTI Energy Announces Death of Co-Founder and Former CEO, Cloyce A. Talbott
HOUSTON, TX / ACCESSWIRE / September 9, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced with great sadness that Cloyce A. Talbott, wildcatter, businessman and civic leader, passed away peacefully on September 8, 2022.
Sep 06, 2022 06:01 am ET
Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
HOUSTON, TX / ACCESSWIRE / September 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that Andy Hendricks, the Company's President and Chief Executive Officer, will participate in a fireside chat at the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022, at 9:45 a.m. Eastern time. During the fireside chat, Mr. Hendricks will make reference to an investor presentation filed today with the SEC and available in the investor relations section of the Company's website.
Sep 06, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for August 2022
HOUSTON, TX / ACCESSWIRE / September 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2022, the Company had an average of 128 drilling rigs operating in the United States. For the two months ended August 31, 2022, the Company had an average of 127 drilling rigs operating in the United States.
Aug 30, 2022 06:00 am ET
Patterson-UTI Energy to Participate in the Barclays CEO Energy-Power Conference
HOUSTON, TX / ACCESSWIRE / August 30, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the Barclays CEO Energy-Power Conference on Tuesday, September 6, 2022, and Wednesday, September 7, 2022. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, President, Patterson-UTI Drilling; Akshay Sagar, President, Universal Pressure Pumping; Keith Chometsky, President, MS Directional; and Mike Drickamer, Vice President Inv
Aug 03, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2022
HOUSTON, TX / ACCESSWIRE / August 3, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2022, the Company had an average of 126 drilling rigs operating in the United States.
Jul 27, 2022 04:55 pm ET
Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2022
HOUSTON, TX / ACCESSWIRE / July 27, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2022. The Company reported net income of $21.9 million, or $0.10 per share, for the second quarter of 2022, compared to a net loss of $28.8 million, or $0.13 per share, for the first quarter of 2022. Revenues for the second quarter of 2022 were $622 million, compared to $509 million for the first quarter of 2022.
Jul 06, 2022 06:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / July 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will hold a conference call on Thursday, July 28, 2022, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2022.
Jul 06, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2022
HOUSTON, TX / ACCESSWIRE / July 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2022, the Company had an average of 124 drilling rigs operating in the United States. For the three months ended June 30, 2022, the Company had an average of 121 drilling rigs operating in the United States.
Jun 15, 2022 06:00 am ET
Patterson-UTI Energy to Present at the J.P. Morgan 2022 Energy, Power & Renewables Conference
HOUSTON, TX / ACCESSWIRE / June 15, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the J.P. Morgan 2022 Energy, Power & Renewables Conference on Thursday, June 23, 2022. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, President, Patterson-UTI Drilling; and Mike Drickamer, Vice President Investor Relations.
Jun 03, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for May 2022
HOUSTON, TX / ACCESSWIRE / June 3, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2022, the Company had an average of 121 drilling rigs operating in the United States. For the two months ended May 31, 2022, the Company had an average of 120 drilling rigs operating in the United States.
May 04, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for April 2022
HOUSTON, TX / ACCESSWIRE / May 4, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2022, the Company had an average of 118 drilling rigs operating in the United States.
Apr 27, 2022 04:55 pm ET
Patterson-UTI Energy Reports Financial Results for the Three Months Ended March 31, 2022
HOUSTON, TX / ACCESSWIRE / April 27, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the three months ended March 31, 2022. The Company reported a net loss of $28.8 million, or $0.13 per share, for the first quarter of 2022, compared to a net loss of $106 million, or $0.57 per share, for the first quarter of 2021. Revenues for the first quarter of 2022 were $509 million, compared to $241 million for the first quarter of 2021.
Apr 11, 2022 06:00 am ET
Patterson-UTI Publishes Corporate Sustainability Report
HOUSTON TX / ACCESSWIRE / April 11, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) announces the publication of its third annual corporate sustainability report, which provides an update on the Company's efforts related to its ongoing environmental, social and governance ("ESG") commitment. The report contains disclosures aligned with the frameworks set forth by the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD) and is available through the sustainability section of the Company's websi
Apr 06, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for March 2022
HOUSTON, TX / ACCESSWIRE / April 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2022, the Company had an average of 117 drilling rigs operating in the United States. For the three months ended March 31, 2022, the Company had an average of 115 drilling rigs operating in the United States.
Apr 04, 2022 06:00 am ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON , TX / ACCESSWIRE / April 4, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will hold a conference call on Thursday, April 28, 2022, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2022.
Apr 01, 2022 05:00 pm ET
Patterson-UTI Announces Appointment of Julie J. Robertson and Cesar Jaime to Board of Directors
HOUSTON , TX / ACCESSWIRE / April 1, 2022 / PATTERSON-UTI ENERGY, INC (NASDAQ:PTEN) today announced that Julie J. Robertson and Cesar Jaime have been appointed to the Company's Board of Directors. With these appointments, the Patterson-UTI Board has been expanded to eight members.
Mar 08, 2022 06:00 am ET
Patterson-UTI Announces Strategic Investment in Geothermal Technology Company, Criterion Energy Partners
HOUSTON, TX / ACCESSWIRE / March 8, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced a strategic investment in Criterion Energy Partners, Inc., a geothermal energy development company. Criterion plans to use the proceeds from this investment to advance its first of a kind project in Texas and further execute on its technology development roadmap.
Mar 07, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for February 2022
HOUSTON, TX / ACCESSWIRE / March 7, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2022, the Company had an average of 116 drilling rigs operating in the United States. For the two months ended February 28, 2022, the Company had an average of 114 drilling rigs operating in the United States.
Feb 10, 2022 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three Months and Year Ended December 31, 2021 and Increases Dividend on Improved Cash Flow Outlook
HOUSTON, TX / ACCESSWIRE / February 10, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the three months and year ended December 31, 2021. The Company reported a net loss of $362 million, or $1.68 per share, for the fourth quarter of 2021, compared to a net loss of $107 million, or $0.57 per share, for the fourth quarter of 2020. Excluding charges described below, the majority of which were non-cash, the net loss for the fourth quarter of 2021 would have been $82.2 million, or $0.38 per share. Revenues for the fourth quarter of 2021 were $4
Feb 07, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for January 2022
HOUSTON, TX / ACCESSWIRE / February 7, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2022, the Company had an average of 113 drilling rigs operating in the United States.
Jan 06, 2022 06:00 am ET
Patterson-UTI Reports Drilling Activity for December 2021
HOUSTON, TX / ACCESSWIRE / January 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2021, the Company had an average of 110 drilling rigs operating in the United States. For the three months ended December 31, 2021, the Company had an average of 106 drilling rigs operating in the United States.
Jan 03, 2022 06:00 am ET
Patterson-UTI Energy Announces Sale of Pioneer Well Service Rig and Wireline Businesses
HOUSTON, TX / ACCESSWIRE / January 3, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that it has sold to Clearwell Dynamics, LLC the well service rig business and wireline business that it acquired as part of its acquisition of Pioneer Energy Services Corp. The sale transaction was completed on December 31, 2021, and Patterson-UTI received $43 million in cash consideration, subject to customary purchase price adjustments at closing for cash and working capital.
Dec 17, 2021 05:00 am ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Dec. 17, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, February 10, 2022, at 9:00 a.m. Central Time to discuss results for the fourth quarter ending December 31, 2021. 
Dec 03, 2021 05:00 am ET
Patterson-UTI Reports Drilling Activity for November 2021
HOUSTON, Dec. 3, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2021, the Company had an average of 106 drilling rigs operating in the United States.  For the two months ended November 30, 2021, the Company had an average of 104 drilling rigs operating in the United States.      
Nov 03, 2021 08:53 am ET
Patterson-UTI Reports Drilling Activity for October 2021
HOUSTON, Nov. 3, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2021, the Company had an average of 103 drilling rigs operating in the United States.      
Oct 28, 2021 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Nine Months Ended September 30, 2021
HOUSTON, Oct. 28, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2021.  The Company reported a net loss of $83.0 million, or $0.44 per share, for the third quarter of 2021, compared to a net loss of $112 million, or $0.60 per share, for the third quarter of 2020.  Revenues for the third quarter of 2021 were $358 million, compared to $207 million for the third quarter of 2020.
Oct 21, 2021 06:00 am ET
Patterson-UTI and Corva Announce Strategic Data Analytics and Visualization Collaboration
HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Corva, the leader in real time drilling and completions analytics, and Patterson-UTI Energy, Inc. (NASDAQ: PTEN), a leading provider of drilling and completion services, today announced a strategic data analytics and visualization collaboration plan that will equip oil & gas producers with the digital tools to drill and complete more productive and profitable wells while hitting lower emissions targets.  This collaboration is intended to leverage Patterson-UTI's advanced wellsite and cloud-based data capabilities to further enhance Corva's extensive
Oct 08, 2021 06:00 am ET
Pioneer Energy Services Announces the Accelerated Mandatory Conversion of 5.00% Convertible Senior Unsecured PIK Notes Due 2025
HOUSTON, Oct. 8, 2021 /PRNewswire/ -- Pioneer Energy Services LLC (the "Company" or "Pioneer"), the successor to Pioneer Energy Services Corp. ("PES") and a wholly owned subsidiary of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) ("Patterson-UTI"), today announced the accelerated mandatory conversion of all outstanding principal amount of its 5.00% Convertible Senior Unsecured PIK Notes Due 2025 (the "Convertible Notes").
Oct 05, 2021 06:00 am ET
Patterson-UTI Reports Drilling Activity for September 2021
HOUSTON, Oct. 5, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2021, the Company had an average of 83 drilling rigs operating.  For the three months ended September 30, 2021, the Company had an average of 80 drilling rigs operating.    
Oct 04, 2021 06:00 am ET
Patterson-UTI Completes Acquisition of Pioneer Energy Services
HOUSTON, Oct. 4, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it has closed its previously announced acquisition of Pioneer Energy Services Corp.  Total consideration for the acquisition included the issuance of approximately 26.3 million shares of Patterson-UTI common stock and payment of $30 million of cash, which based on the most recent closing price for Patterson-UTI of $9.44 valued the transaction at approximately $278 million, including the retirement of all Pioneer Energy Services' debt.
Sep 24, 2021 06:00 am ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, Sept. 24, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 28, 2021, at 9:00 a.m. Central Time to discuss results for the third quarter ending September 30, 2021. 
Sep 03, 2021 06:00 am ET
Patterson-UTI Reports Drilling Activity for August 2021
HOUSTON, Sept. 3, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2021, the Company had an average of 79 drilling rigs operating. For the two months ended August 31, 2021, the Company had an average of 78 drilling rigs operating.    
Aug 04, 2021 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2021
HOUSTON, Aug. 4, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2021, the Company had an average of 78 drilling rigs operating.    
Jul 29, 2021 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Six Months Ended June 30, 2021
HOUSTON, July 29, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2021.  The Company reported a net loss of $103 million, or $0.55 per share, for the second quarter of 2021, compared to a net loss of $150 million, or $0.81 per share, for the second quarter of 2020.  Revenues for the second quarter of 2021 were $292 million, compared to $250 million for the second quarter of 2020.
Jul 06, 2021 06:01 am ET
Patterson-UTI Energy Announces Agreement to Acquire Pioneer Energy Services
HOUSTON, July 6, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that it has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295 million, which includes the retirement of all Pioneer Energy Services' debt.  Consideration for this acquisition consists of the issuance of up to 26,275,000 shares of Patterson-UTI common stock plus payment of $30 million of cash.  The transaction is expected to close in the fourth quarter of 2021, subject to regulatory approvals, customary closing conditions and the approval of Pioneer Energy Ser
Jul 06, 2021 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2021
HOUSTON, July 6, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2021, the Company had an average of 75 drilling rigs operating.  For the three months ended June 30, 2021, the Company had an average of 73 drilling rigs operating.     
Jun 28, 2021 06:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, June 28, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 29, 2021, at 9:00 a.m. Central Time to discuss results for the second quarter ending June 30, 2021. 
Feb 04, 2021 05:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three Months and Year Ended December 31, 2020
HOUSTON, Feb. 4, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months and year ended December 31, 2020.  The Company reported a net loss of $107 million, or $0.57 per share, for the fourth quarter of 2020, compared to a net loss of $85.9 million, or $0.44 per share, for the fourth quarter of 2019.  Revenues for the fourth quarter of 2020 were $221 million, compared to $492 million for the fourth quarter of 2019.
Feb 03, 2021 03:15 pm ET
Patterson-UTI Reports Drilling Activity for January 2021
HOUSTON, Feb. 3, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2021, the Company had an average of 67 drilling rigs operating.           Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract.  The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating ma
Jan 07, 2021 05:00 am ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Jan. 7, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, February 4, 2021, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2020. 
Jan 06, 2021 05:00 am ET
Patterson-UTI Reports Drilling Activity for December 2020
HOUSTON, Jan. 6, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2020, the Company had an average of 64 drilling rigs operating.  For the three months ended December 31, 2020, the Company had an average of 62 drilling rigs operating.    
Dec 03, 2020 05:00 am ET
Patterson-UTI Reports Drilling Activity for November 2020
HOUSTON, Dec. 3, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2020, the Company had an average of 61 drilling rigs operating.  For the two months ended November 30, 2020, the Company had an average of 61 drilling rigs operating.    
Nov 04, 2020 05:00 am ET
Patterson-UTI Reports Drilling Activity for October 2020
HOUSTON, Nov. 4, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2020, the Company had an average of 61 drilling rigs operating.     
Oct 22, 2020 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Nine Months Ended September 30, 2020
HOUSTON, Oct. 22, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2020.  The Company reported a net loss of $112 million, or $0.60 per share, for the third quarter of 2020, compared to a net loss of $262 million, or $1.31 per share, for the third quarter of 2019.  Revenues for the third quarter of 2020 were $207 million, compared to $598 million for the third quarter of 2019.
Aug 05, 2020 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2020
HOUSTON, Aug. 5, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2020, the Company had an average of 60 drilling rigs operating.   
Jul 23, 2020 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Six Months Ended June 30, 2020
HOUSTON, July 23, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2020.  The Company reported a net loss of $150 million, or $0.81 per share, for the second quarter of 2020, compared to a net loss of $49.4 million, or $0.24 per share, for the second quarter of 2019.  Excluding items discussed below, the net loss for the second quarter would have been $105 million, or $0.56 per share.  Revenues for the second quarter of 2020 were $250 million, compared to $676 million for the second quarter of 2019.
Jul 07, 2020 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2020
HOUSTON, July 7, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2020, the Company had an average of 65 drilling rigs operating.  For the three months ended June 30, 2020, the Company had an average of 82 drilling rigs operating.
Jul 02, 2020 06:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, July 2, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 23, 2020, at 9:00 a.m. Central Time to discuss results for the three and six months ended June 30, 2020. 
Jun 03, 2020 06:00 am ET
Patterson-UTI Reports Drilling Activity for May 2020
HOUSTON, June 3, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2020, the Company had an average of 80 drilling rigs operating.  For the two months ended May 31, 2020, the Company had an average of 92 drilling rigs operating.
May 26, 2020 06:16 pm ET
Essent Group Set to Join S&P MidCap 400; Coherus BioSciences, Patterson-UTI Energy to Join S&P SmallCap 600
NEW YORK, May 26, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Monday, June 1:
May 05, 2020 06:00 am ET
Patterson-UTI Reports Drilling Activity for April 2020
HOUSTON, May 5, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2020, the Company had an average of 105 drilling rigs operating. 
Apr 23, 2020 06:01 am ET
Patterson-UTI Energy Reports Financial Results for the Three Months Ended March 31, 2020
HOUSTON, April 23, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2020.  The Company reported a net loss of $435 million, or $2.28 per share, for the first quarter of 2020, compared to a net loss of $28.6 million, or $0.14 per share, for the first quarter of 2019.  Revenues for the first quarter of 2020 were $446 million, compared to $704 million for the first quarter of 2019.
Apr 23, 2020 06:00 am ET
Patterson-UTI Adopts a Limited Duration Shareholder Rights Agreement
HOUSTON, April 23, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights agreement (the "Rights Agreement") to protect shareholder interests and preserve shareholders' investment in Patterson-UTI.
Apr 20, 2020 07:24 am ET
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Patterson-UTI Energy, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK, April 20, 2020 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Patterson-UTI Energy, Inc. (NASDAQ: PTEN).
Apr 09, 2020 04:38 pm ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, April 9, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, April 23, 2020, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2020. 
Apr 08, 2020 04:39 pm ET
Patterson-UTI Energy Reports Mark Siegel, Executive Chairman, Announces Retirement Plan
HOUSTON, April 8, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its long-tenured Executive Chairman, Mark S. Siegel, has advised the Company of his intention to retire after more than 25 years of continuous service to Patterson-UTI Energy and its predecessor companies.  Mr. Siegel has decided not to stand for re-election to the Board of Directors and to retire as Executive Chairman, at the time of the Company's annual shareholder meeting, when it is anticipated that Mr. Curtis Huff will be appointed Non-Executive Chairman.  Mr. Huff has been a member of
Apr 03, 2020 06:00 am ET
Patterson-UTI Reports Drilling Activity for March 2020
HOUSTON, April 3, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2020, the Company had an average of 124 drilling rigs operating. For the three months ended March 31, 2020, the Company had an average of 123 drilling rigs operating.
Apr 02, 2020 06:00 am ET
Patterson-UTI Addresses Current Market Conditions and Provides Operational Update
HOUSTON, April 2, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today provided an update to address the Company's response to current market conditions.  Reduced demand for crude oil and refined products related to the necessary global response to the COVID-19 pandemic, combined with production increases from OPEC+, has led to a significant reduction in crude oil prices and resulted in falling demand for drilling and completion services in North America.
Nov 07, 2019 03:57 pm ET
Patterson-UTI Energy, Inc. Prices $350 Million Offering of Senior Notes due 2029
HOUSTON, Nov. 7, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) (the "Company") announced that it has priced a registered underwritten public offering of $350 million aggregate principal amount of 5.15% Senior Notes due 2029 (the "Notes").  The Notes will pay interest semi-annually at a rate of 5.15% per year and will mature on November 15, 2029.  The closing of the offering of the Notes is expected to occur on Friday, November 15, 2019, subject to the satisfaction of customary closing conditions.  The Company intends to use the net proceeds from the offering to repay in full
Nov 05, 2019 05:00 am ET
Patterson-UTI Reports Drilling Activity for October 2019
HOUSTON, Nov. 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2019, the Company had an average of 127 drilling rigs operating. 
Nov 04, 2019 05:00 am ET
Patterson-UTI Energy to Present at the Bank of America Merrill Lynch 2019 Global Energy Conference
HOUSTON, Nov. 4, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Wednesday, November 13, 2019, at the Bank of America Merrill Lynch 2019 Global Energy Conference.  Presenting for the Company at the conference will be Andy Hendricks, Chief Executive Officer.
Oct 24, 2019 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Nine Months Ended September 30, 2019
HOUSTON, Oct. 24, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2019.  The Company reported a net loss of $262 million, or $1.31 per share, for the third quarter of 2019, compared to a net loss of $75.0 million, or $0.34 per share, for the quarter ended September 30, 2018.  Excluding charges discussed below, the majority of which were non-cash, the net loss for the third quarter of 2019 would have been $52.9 million, or $0.27 per share.  Revenues for the third quarter of 2019 were $598 million
Oct 04, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for September 2019
HOUSTON, Oct. 4, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2019, the Company had an average of 135 drilling rigs operating.  For the three months ended September 30, 2019, the Company had an average of 142 drilling rigs operating.
Sep 30, 2019 06:00 am ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, Sept. 30, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 24, 2019, at 9:00 a.m. Central Time to discuss results for the third quarter ending September 30, 2019. 
Sep 05, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for August 2019
HOUSTON, Sept. 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2019, the Company had an average of 142 drilling rigs operating.  For the two months ended August 31, 2019, the Company had an average of 146 drilling rigs operating.
Aug 30, 2019 06:00 am ET
Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
HOUSTON, Aug. 30, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Tuesday, September 3, 2019, at the Barclays CEO Energy-Power Conference.  Presenting for the Company at the conference will be Andy Hendricks, Chief Executive Officer.
Aug 23, 2019 06:00 am ET
Patterson-UTI Announces New Term Loan Agreement and Intention to Reduce Total Debt by $150 Million
HOUSTON, Aug. 23, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that the Company has entered into a $150 million senior unsecured term loan agreement maturing June 2022.  Wells Fargo Bank, N.A. served as administrative agent, co-lead arranger and lender, with U.S. Bank, N.A. serving as syndication agent, co-lead arranger and lender.  The Company intends to use the proceeds from this loan, which will bear interest at a rate of Libor + 1.125%, along with cash on hand to repay the $300 million of borrowings under its 4.97% Series A senior notes due October 2020.
Aug 05, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2019
HOUSTON, Aug. 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2019, the Company had an average of 150 drilling rigs operating. 
Jul 25, 2019 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three and Six Months Ended June 30, 2019
HOUSTON, July 25, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended June 30, 2019.  The Company reported a net loss of $49.4 million, or $0.24 per share, for the second quarter of 2019, compared to a net loss of $10.7 million, or $0.05 per share, for the quarter ended June 30, 2018.  Excluding charges discussed below, the net loss for the second quarter would have been $35.9 million, or $0.17 per share.  Revenues for the second quarter of 2019 were $676 million, compared to $854 million for the second quarter of 2018. 
Jul 03, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2019
HOUSTON, July 3, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2019, the Company had an average of 150 drilling rigs operating.  For the three months ended June 30, 2019, the Company had an average of 158 drilling rigs operating.
May 03, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for April 2019
HOUSTON, May 3, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2019, the Company had an average of 166 drilling rigs operating.    
Apr 25, 2019 06:00 am ET
Patterson-UTI Energy Reports Financial Results for the Three Months Ended March 31, 2019
HOUSTON, April 25, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2019.  The Company reported a net loss of $28.6 million, or $0.14 per share, for the first quarter of 2019, compared to a net loss of $34.4 million, or $0.16 per share, for the quarter ended March 31, 2018.  Revenues for the first quarter of 2019 were $704 million, compared to $809 million for the first quarter of 2018.
Apr 16, 2019 08:25 am ET
Detailed Research: Economic Perspectives on Patterson-UTI Energy, Take-Two Interactive Software, DXC Technology, Ingevity, Summit Therapeutics, and Kinsale Capital Group — What Drives Growth in Today'
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Take-Two Interactive...
Apr 03, 2019 06:00 am ET
Patterson-UTI Reports Drilling Activity for March 2019
HOUSTON, April 3, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2019, the Company had an average of 171 drilling rigs operating.  For the three months ended March 31, 2019, the Company had an average of 175 drilling rigs operating. 
Mar 25, 2019 06:00 am ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, March 25, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, April 25, 2019, at 9:00 a.m. Central Time to discuss results for the first quarter ending March 31, 2019. 
Mar 05, 2019 05:00 am ET
Patterson-UTI Reports Drilling Activity for February 2019
HOUSTON, March 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of February 2019, the Company had an average of 175 drilling rigs operating.  For the two months ended February 28, 2019, the Company had an average of 178 drilling rigs operating. 
Feb 28, 2019 07:40 am ET
Market Trends Toward New Normal in Canada Goose, Patterson-UTI Energy, Amerco, Hubbell, Coherent, and QUANTENNA COMMS — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Canada Goose Holdings Inc. (NYSE:GOOS), Patterson-UTI Energy, Inc....
Feb 07, 2019 05:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Twelve Months Ended December 31, 2018
HOUSTON, Feb. 7, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2018.  The Company reported a net loss of $201 million, or $0.93 per share, for the fourth quarter of 2018, compared to a net profit of $195.4 million, or $0.88 per share, for the quarter ended December 31, 2017, which included the positive impact of the 2017 tax law change.  The Company recorded a non-cash goodwill impairment charge in the fourth quarter of 2018 of $211 million ($192 million after-tax or $0.89 per share).  Exclud
Feb 05, 2019 05:00 am ET
Patterson-UTI Reports Drilling Activity for January 2019
HOUSTON, Feb. 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2019, the Company had an average of 180 drilling rigs operating.    
Feb 01, 2019 05:00 am ET
Patterson-UTI Energy to Present at the Credit Suisse 24th Annual Energy Summit
HOUSTON, Feb. 1, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Tuesday, February 12, 2019, at the Credit Suisse 24th Annual Energy Summit.  Presenting for the Company at the conference will be Andy Hendricks, Chief Executive Officer.
Jan 09, 2019 05:00 am ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Jan. 9, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, February 7, 2019, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2018. 
Jan 04, 2019 05:00 am ET
Patterson-UTI Reports Drilling Activity for December 2018
HOUSTON, Jan. 4, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2018, the Company had an average of 185 drilling rigs operating.  For the three months ended December 31, 2018, the Company had an average of 183 drilling rigs operating.
Dec 06, 2018 05:00 am ET
Patterson-UTI Reports Drilling Activity for November 2018
HOUSTON, Dec. 6, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2018, the Company had an average of 185 drilling rigs operating.  For the two months ended November 30, 2018, the Company had an average of 182 drilling rigs operating.
Nov 05, 2018 05:00 am ET
Patterson-UTI Reports Drilling Activity for October 2018
HOUSTON, Nov. 5, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2018, the Company had an average of 181 drilling rigs operating. 
Oct 30, 2018 09:00 am ET
New Research Coverage Highlights Simon Property Group, Schnitzer Steel Industries, The Boston Beer, Boston Scientific, Healthcare Trust of America, and Patterson-UTI Energy — Consolidated Revenues, Co
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Simon Property Group, Inc. (NYSE:SPG), Schnitzer Steel Industries, Inc....
Oct 25, 2018 06:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Nine Months Ended September 30, 2018
HOUSTON, Oct. 25, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended September 30, 2018.  The Company reported a net loss of $75.0 million, or $0.34 per share, for the third quarter of 2018, compared to a net loss of $33.8 million, or $0.16 per share, for the quarter ended September 30, 2017.  The Company recorded $65.9 million of non-cash impairment charges in the third quarter.  Excluding the impairment charges discussed in more detail below, the net loss for the third quarter of 2018 would have been $21.1 million, or
Oct 03, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for September 2018
HOUSTON, Oct. 3, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2018, the Company had an average of 179 drilling rigs operating.  For the three months ended September 30, 2018, the Company had an average of 178 drilling rigs operating.
Oct 01, 2018 06:00 am ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, Oct. 1, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 25, 2018, at 9:00 a.m. Central Time to discuss results for the third quarter ending September 30, 2018. 
Sep 06, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for August 2018
HOUSTON, Sept. 6, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2018, the Company had an average of 178 drilling rigs operating.  For the two months ended August 31, 2018, the Company had an average of 178 drilling rigs operating.
Aug 29, 2018 06:00 am ET
Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
HOUSTON, Aug. 29, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Tuesday, September 4, 2018, at the Barclays CEO Energy-Power Conference.  Presenting for the Company at the conference will be Andy Hendricks, Chief Executive Officer.
Aug 23, 2018 10:03 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Patterson-UTI Energy, Puma Biotechnology, Echelon, McEwen Mining, New Gold, and Qudian Inc. Sponsored ADR — New Research Emphasizes
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Puma Biotechnology, Inc....
Aug 03, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for July 2018
HOUSTON, Aug. 3, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2018, the Company had an average of 178 drilling rigs operating. 
Jul 26, 2018 06:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2018
HOUSTON, July 26, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended June 30, 2018.  The Company reported a net loss of $10.7 million, or $0.05 per share, for the second quarter of 2018, compared to a net loss of $92.2 million, or $0.46 per share, for the quarter ended June 30, 2017.  Revenues for the second quarter of 2018 were $854 million, compared to $579 million for the second quarter of 2017. 
Jul 05, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for June 2018
HOUSTON, July 5, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2018, the Company had an average of 178 drilling rigs operating.  For the three months ended June 30, 2018, the Company had an average of 176 drilling rigs operating.
Jun 28, 2018 06:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, June 28, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 26, 2018, at 9:00 a.m. Central Time to discuss results for the second quarter ending June 30, 2018. 
Jun 14, 2018 06:00 am ET
Patterson-UTI Energy to Present at the 2018 J.P. Morgan Energy Conference
HOUSTON, June 14, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Monday, June 18, 2018, at the 2018 J.P. Morgan Energy Conference.  Presenting for the Company at the conference will be Andy Smith, Chief Financial Officer.
Jun 12, 2018 07:35 am ET
New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las Vegas Sands, and American Express — Factors of Influence, Major Initiatives and Sustaine
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Global Payments Inc. (NYSE:GPN), Patterson-UTI Energy, Inc. (NASDAQ:PTEN),...
Jun 05, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for May 2018
HOUSTON, June 5, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2018, the Company had an average of 176 drilling rigs operating.  For the two months ended May 31, 2018, the Company had an average of 175 drilling rigs operating.
May 03, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for April 2018
HOUSTON, May 3, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2018, the Company had an average of 173 drilling rigs operating. 
Apr 26, 2018 06:00 am ET
Patterson-UTI Energy Reports Financial Results for Three Months Ended March 31, 2018
HOUSTON, April 26, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2018.  The Company reported a net loss of $34.4 million, or $0.16 per share, for the first quarter of 2018, compared to a net loss of $63.5 million, or $0.40 per share, for the quarter ended March 31, 2017.  Revenues for the first quarter of 2018 were $809 million, compared to $305 million for the first quarter of 2017. 
Apr 09, 2018 04:26 pm ET
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, April 9, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, April 26, 2018, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2018. 
Apr 04, 2018 06:00 am ET
Patterson-UTI Reports Drilling Activity for March 2018
HOUSTON, April 4, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2018, the Company had an average of 172 drilling rigs operating.  For the three months ended March 31, 2018, the Company had an average of 169 drilling rigs operating.
Apr 03, 2018 04:15 pm ET
Patterson-UTI Energy Announces Appointment of Janeen S. Judah to Board of Directors
HOUSTON, April 3, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that Janeen S. Judah, has been appointed to the Company's Board of Directors.  With Ms. Judah's appointment, the Patterson-UTI Board has been expanded to eight members. 
Apr 02, 2018 08:55 pm ET
Patterson-UTI Energy Announces $600 Million Credit Agreement
HOUSTON, April 2, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that the Company has entered into a $600 million, five-year credit agreement with a group of financial institutions led by Wells Fargo Bank, National Association.  The credit agreement amends and restates the Company's 2012 credit agreement.
Mar 05, 2018 05:00 am ET
Patterson-UTI Reports Drilling Activity for February 2018
HOUSTON, March 5, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of February 2018, the Company had an average of 170 drilling rigs operating.  For the two months ended February 28, 2018, the Company had an average of 168 drilling rigs operating.
Mar 02, 2018 04:00 pm ET
Patterson-UTI Energy to Present at the Raymond James 39th Annual Institutional Investors Conference
HOUSTON, March 2, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Tuesday, March 6, 2018, at the Raymond James 39th Annual Institutional Investors Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer, and Andy Smith, Chief Financial Officer.
Feb 21, 2018 05:00 am ET
Patterson-UTI Energy Acquires Superior QC, A Directional Drilling Analytics Company
HOUSTON, Feb. 21, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it has acquired the business of Superior QC, LLC, including its assets and intellectual property.  Founded in 2015 by Chad Hanak, Ph.D., Superior QC is a provider of software used to improve the accuracy of horizontal wellbore placement.  Superior QC's MWD Survey FDIR (Fault Detection, Isolation, and Recovery) service is a new data analytics technology to analyze measurement while drilling (MWD) survey data in real-time and more accurately identify the position of the well.  The insight gain
Feb 16, 2018 08:25 am ET
Detailed Research: Economic Perspectives on OUTFRONT Media, Mylan N.V, Axcelis Technologies, Patterson-UTI Energy, SAExploration, and vTv Therapeutics — What Drives Growth in Today's Competitive Lands
NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of OUTFRONT Media Inc. (NYSE:OUT), Mylan N.V....
Feb 12, 2018 05:00 am ET
Patterson-UTI Energy to Present at the Credit Suisse 23rd Annual Energy Summit
HOUSTON, Feb. 12, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Wednesday, February 14, 2018, at the Credit Suisse 23rd Annual Energy Summit.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer, and Andy Smith, Chief Financial Officer.
Feb 08, 2018 08:10 am ET
Patterson-UTI Energy, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 8, 2018 / Patterson-UTI Energy, Inc. (NASDAQ: PTEN) will be discussing their earnings results in their Q4 Earnings Call to be held on February 8, 2018 at 10:00 AM Eastern Time.
Feb 08, 2018 05:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Twelve Months Ended December 31, 2017
HOUSTON, Feb. 8, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2017.  The Company reported net income of $195 million, or $0.88 per share, for the fourth quarter of 2017, compared to a net loss of $78.1 million, or $0.53 per share, for the quarter ended December 31, 2016.  Revenues for the fourth quarter of 2017 were $787 million, compared to $247 million for the fourth quarter of 2016. 
Feb 05, 2018 05:00 am ET
Patterson-UTI Reports Drilling Activity for January 2018
HOUSTON, Feb. 5, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2018, the Company had an average of 165 drilling rigs operating. 
Jan 19, 2018 03:05 pm ET
Patterson-UTI Energy, Inc. Announces Closing of Senior Notes Offering
HOUSTON, Jan. 19, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) (the "Company") announced today that it has closed its previously announced private offering of $525 million aggregate principal amount of 3.95% senior notes due 2028. The notes initially are guaranteed on a senior unsecured basis by each of the Company's domestic subsidiaries that are guarantors under its credit agreement.
Jan 10, 2018 01:43 pm ET
Patterson-UTI Energy, Inc. Announces Pricing of $525 Million Offering of 3.95% Senior Notes Due 2028
HOUSTON, Jan. 10, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) (the "Company") announced today that it has priced its previously announced private offering of $525 million aggregate principal amount of 3.95% senior notes due 2028. The notes initially will be guaranteed on a senior unsecured basis by each of the Company's domestic subsidiaries that are guarantors under its credit agreement.
Jan 09, 2018 05:00 am ET
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Jan. 9, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, February 8, 2018, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2017. 
Jan 05, 2018 07:57 am ET
Patterson-UTI Energy, Inc. Announces Proposed Private Debt Offering
HOUSTON, Jan. 5, 2018 /PRNewswire/ -- Patterson-UTI Energy, Inc. (NASDAQ:PTEN) (the "Company") announced today that it is proposing to issue senior notes to eligible purchasers in a private offering. The notes initially will be guaranteed on a senior unsecured basis by each of the Company's domestic subsidiaries that are guarantors under its credit agreement.
Jan 04, 2018 05:00 am ET
Patterson-UTI Reports Drilling Activity for December 2017
HOUSTON, Jan. 4, 2018 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2017, the Company had an average of 163 drilling rigs operating. For the three months ended December 31, 2017, the Company had an average of 161 drilling rigs operating.
Dec 04, 2017 07:55 am ET
Market Trends Toward New Normal in Patterson-UTI Energy, SAExploration, vTv Therapeutics, Outfront Media, Mylan N.V, and Axcelis Technologies — Emerging Consolidated Expectations, Analyst Ratings
NEW YORK, Dec. 04, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), SAExploration Holdings,...
Nov 13, 2017 06:00 am ET
Patterson-UTI Energy to Present at the Bank of America Merrill Lynch 2017 Global Energy Conference
HOUSTON, Nov. 13, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on November 16, 2017, at the Bank of America Merrill Lynch 2017 Global Energy Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer, and Andy Smith, Chief Financial Officer.
Nov 03, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for October 2017
HOUSTON, Nov. 3, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2017, the Company had an average of 158 drilling rigs operating. 
Nov 02, 2017 08:00 am ET
Investor Expectations to Drive Momentum within Las Vegas Sands, FirstEnergy, United Continental, Anadarko Petroleum, Patterson-UTI Energy, and Ascena Retail - Discovering Underlying Factors of Influen
NEW YORK, Nov. 02, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Las Vegas Sands Corp. (NYSE:LVS), FirstEnergy...
Oct 26, 2017 07:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Nine Months Ended September 30, 2017
HOUSTON, Oct. 26, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2017.  The Company reported a net loss of $33.8 million, or $0.16 per share, for the third quarter of 2017, compared to a net loss of $84.1 million, or $0.58 per share, for the quarter ended September 30, 2016.  Revenues for the third quarter of 2017 were $685 million, compared to $206 million for the third quarter of 2016. 
Oct 12, 2017 07:00 am ET
Patterson-UTI Energy Completes Acquisition of MS Energy Services
HOUSTON, Oct. 12, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Patterson-UTI") announced today that it has closed the previously announced acquisition of Multi-Shot, LLC d/b/a MS Energy Services ("MS Energy").  Total consideration for the acquisition included approximately 8.8 million shares of stock and $75 million of cash, which valued the transaction at approximately $262 million based on the most recent closing price for Patterson-UTI of $21.31.
Oct 04, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for September 2017
HOUSTON, Oct. 4, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2017, the Company had an average of 161 drilling rigs operating.  For the three months ended September 30, 2017, the Company had an average of 161 drilling rigs operating.
Sep 27, 2017 07:00 am ET
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, Sept. 27, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 26, 2017, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2017. 
Sep 05, 2017 07:00 am ET
Patterson-UTI Energy Announces Agreement to Acquire Directional Drilling Services Company
HOUSTON, Sept. 5, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Patterson-UTI") announced today that it has entered into an agreement to acquire Multi-Shot, LLC d/b/a MS Energy Services ("MS Energy"), on a debt-free basis for total consideration of approximately 8.8 million shares of Patterson-UTI common stock and $75 million of cash.  Based in Conroe, Texas, MS Energy is a leading directional drilling services company in the United States.  The pending transaction, which is expected to close early in the fourth quarter, is subject to customary closing conditions and recei
Sep 05, 2017 07:00 am ET
Patterson-UTI Energy Announces Appointment of Andy Smith as Chief Financial Officer
HOUSTON, Sept. 5, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that C. Andrew Smith, will join Patterson-UTI as Chief Financial Officer on September 8, 2017.  Mr. Smith most recently served as Executive Vice President and Chief Financial Officer of Kirby Corporation from January 2014 to September 2017.  He also previously held executive financial leadership roles with Natco Group, Global Industries and Benthic Geotech.  Mr. Smith holds a Bachelor of Arts Degree in Business Administration from the University of Houston.  Mr. Smith began his accounting career
Sep 05, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for August 2017
HOUSTON, Sept. 5, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2017, the Company had an average of 162 drilling rigs operating.  For the two months ended August 31, 2017, the Company had an average of 162 drilling rigs operating.
Sep 01, 2017 06:00 pm ET
Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
HOUSTON, Sept. 1, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 5, 2017, at the Barclays CEO Energy-Power Conference.  Representing the Company at the conference will be Mark Siegel, Chairman, Andy Hendricks, Chief Executive Officer, Mike Holcomb, President Patterson-UTI Drilling Company LLC, and John Carnett, President Universal Pressure Pumping, Inc.
Aug 04, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for July 2017
HOUSTON, Aug. 4, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2017, the Company had an average of 162 drilling rigs operating (including 159 in the United States and three rigs in Canada). 
Jul 27, 2017 07:00 am ET
Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2017
HOUSTON, July 27, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2017.  Reported financial results for the three and six months include the post-merger contribution from Seventy Seven Energy following the completion of the merger on April 20, 2017.  References to prior periods reflect reported financial results from Patterson-UTI on a standalone basis.
Jul 06, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for June 2017
HOUSTON, July 6, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2017, the Company had an average of 160 drilling rigs operating in the United States and one rig in Canada.  For the three months ended June 30, 2017, the Company had an average of 145 drilling rigs operating in the United States and one rig in Canada.
Jun 27, 2017 07:00 am ET
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, June 27, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 27, 2017, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2017. 
Jun 05, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for May 2017
HOUSTON, June 5, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2017, the Company had an average of 159 drilling rigs operating in the United States and one rig in Canada.  For the two months ended May 31, 2017, the Company had an average of 138 drilling rigs operating in the United States and two rigs in Canada.
May 17, 2017 07:00 am ET
Patterson-UTI Energy to Present at the UBS Global Oil and Gas Conference
HOUSTON, May 17, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 23, 2017, at the UBS Global Oil and Gas Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
May 11, 2017 07:00 am ET
Patterson-UTI Energy Reports John E. Vollmer III, its EVP-Corporate Development, CFO and Treasurer, Announces Decision to Retire
HOUSTON, May 11, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that John E. Vollmer III, Executive Vice President – Corporate Development, Chief Financial Officer and Treasurer, has notified the Company of his decision to retire after nearly 20 years of distinguished service.  His retirement will become effective after a transition period following the employment of his successor, which the Company expects to occur before the end of the year.
May 03, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for April 2017
HOUSTON, May 3, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2017, the Company had an average of 115 drilling rigs operating in the United States and two rigs in Canada. 
Apr 27, 2017 07:00 am ET
Patterson-UTI Energy Reports Financial Results for Three Months Ended March 31, 2017
HOUSTON, April 27, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2017.  As previously announced, Patterson-UTI completed the merger with Seventy Seven Energy on April 20, 2017.  All reported financial results for Patterson-UTI for the first quarter of 2017 are on a standalone basis.
Apr 20, 2017 05:09 pm ET
Patterson-UTI Energy Completes Merger with Seventy Seven Energy
HOUSTON, April 20, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that it has closed its merger with Seventy Seven Energy Inc.  Stockholders of Seventy Seven Energy are entitled to receive 1.7851 shares of newly issued Patterson-UTI common stock in exchange for each share of Seventy Seven Energy.  Patterson-UTI issued approximately 47.5 million shares pursuant to the merger. 
Apr 10, 2017 10:03 pm ET
Seventy Seven Energy Inc. Extends Deadline for Warrant Exercises
OKLAHOMA CITY and HOUSTON, April 10, 2017 /PRNewswire/ -- SEVENTY SEVEN ENERGY INC. ("SSE") and PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Patterson-UTI") announced today that SSE was extending the deadline for holders of its outstanding warrants to exercise those warrants in advance of the consummation of the merger contemplated by the previously announced Agreement and Plan of Merger (the "Merger Agreement") dated as of December 12, 2016, by and among SSE, Patterson-UTI, and Pyramid Merger Sub, Inc.
Apr 05, 2017 07:00 am ET
Patterson-UTI Reports Drilling Activity for March 2017
HOUSTON, April 5, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2017, the Company had an average of 88 drilling rigs operating in the United States and two rigs in Canada.  For the three months ended March 31, 2017, the Company had an average of 81 drilling rigs operating in the United States and two rigs in Canada.

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