Patterson-UTI Energy Inc. today reported financial results for the quarter ended March 31, 2026. First Quarter 2026 Financial Results and Other Key Items First Quarter 2026 Total Revenue of $1.1 billion First Quarter 2026 Net Loss Attributable to Common Stockholders of $25 million First Quarter 2026 Adjusted EBITDA of $205 million Declared a quarterly dividend of $0.10 per share, payable on June 15, 2026 to holders of [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, April 23, 2026, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2026. Participants can access the call by dialing 715-9871 in North America or 307-1963 if International and referencing Conference ID 5526772. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website [...]
Patterson-UTI Energy Inc. today reported that for the month of March 2026, the Company had an average of 90 drilling rigs operating in the United States. For the three months ended March 31, 2026, the Company had an average of 92 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were [...]
Patterson-UTI Energy Inc. today reported that for the month of February 2026, the Company had an average of 93 drilling rigs operating in the United States. For the two months ended February 28, 2026, the Company had an average of 94 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that [...]
Patterson-UTI Energy Inc. today reported that for the month of January 2026, the Company had an average of 94 drilling rigs operating in the United States. 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 in the United States. The Company cautioned that numerous factors in addition [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended December 31, 2025. Fourth Quarter 2025 Financial Results and Other Key Items Fourth Quarter 2025 Total Revenue of $1.2 billion Fourth Quarter 2025 Net Loss Attributable to Common Stockholders of $9 million Fourth Quarter 2025 Adjusted EBITDA of $221 million Full year 2025 Cash from Operations of $961 million, Adjusted Free Cash Flow of $416 [...]
Patterson-UTI Energy Inc. today announced a multi-year agreement to lease two high-spec APEX 1500® drilling rigs to DLS Archer Ltd. S.A , a division of Archer Ltd. The rigs will support Archer's operations in Argentina's Vaca Muerta formation as part of its seven-rig contract with YPF S.A. that was announced in December 2025. The rigs will be provided from Patterson-UTI's existing U.S. fleet, and Archer will be [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, February 5, 2026, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2025. Participants can access the call by dialing 715-9871 in North America or 307-1963 if International and referencing Conference ID 5526772. The call will also be webcast and can be accessed through a link in the Investors section of the Company's [...]
Patterson-UTI Energy Inc. today reported that for the month of December 2025, the Company had an average of 93 drilling rigs operating in the United States. For the three months ended December 31, 2025, the Company had an average of 93 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
Patterson-UTI Energy Inc. today reported that for the month of November 2025, the Company had an average of 93 drilling rigs operating in the United States. For the two months ended November 30, 2025, the Company had an average of 94 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that [...]
Patterson-UTI Energy Inc. today reported that for the month of October 2025, the Company had an average of 94 drilling rigs operating in the United States. 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 in the United States. The Company cautioned that numerous factors in addition [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended September 30, 2025. Third Quarter 2025 Financial Results and Other Key Items Total revenue of $1.2 billion Net loss attributable to common stockholders of $36 million Adjusted net loss attributable to common stockholders of $21 million Adjusted EBITDA of $219 million Returned $64 million to shareholders in the third quarter through an $0.08 [...]