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 [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, October 23, 2025, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 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 September 2025, the Company had an average of 93 drilling rigs operating in the United States. For the three months ended September 30, 2025, the Company had an average of 95 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 is pleased to congratulate Leslie Beyer following her confirmation by the U. S. Senate as Assistant Secretary for Land and Minerals Management at the U.S. Department of the Interior. Andy Hendricks, Patterson-UTI's President and CEO commented: "Leslie is a trusted voice in our industry. Throughout Leslie's career, she has helped to shape policy to move our industry forward while supporting the [...]
Patterson-UTI Energy Inc. today reported that for the month of August 2025, the Company had an average of 94 drilling rigs operating in the United States. For the two months ended August 31, 2025, the Company had an average of 96 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 July 2025, the Company had an average of 98 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 to [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended June 30, 2025. Second Quarter 2025 Financial Results and Other Key Items Total revenue of $1.2 billion Net loss attributable to common stockholders of $49 million Included a $28 million non-cash asset impairment related to our Colombian drilling operations Adjusted EBITDA of $231 million Returned $46 million to shareholders in the second [...]
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