Patterson-UTI Energy Inc. 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. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling [...]
Patterson-UTI Energy Inc. 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. Participants can access the call by dialing 253-8661 or 704-2496 with the Conference ID 3537997. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at investor.patenergy.com. A replay [...]
Patterson-UTI Energy Inc. 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. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling [...]
Share Repurchases of $150 Million in 2018; Share Repurchase Authorization Increased to $250 Million Patterson-UTI Energy Inc. 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 [...]
Patterson-UTI Energy Inc. today reported that for the month of January 2019, the Company had an average of 180 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 operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can [...]
Patterson-UTI Energy Inc. 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. The presentation will be webcast live beginning at approximately 12:45 p.m. Mountain Time. To access the webcast, go to investor.patenergy.com prior to the scheduled start [...]
Patterson-UTI Energy Inc. 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. Participants can access the call by dialing 253-8661 or 704-2496 with the Conference ID 3519209. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at investor.patenergy.com. A [...]
Patterson-UTI Energy Inc. 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. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling [...]
Patterson-UTI Energy Inc. 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. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling [...]
Patterson-UTI Energy Inc. today reported that for the month of October 2018, the Company had an average of 181 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 operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can [...]
Share Repurchases of $50 Million in Third Quarter Patterson-UTI Energy Inc. 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 [...]
Patterson-UTI Energy Inc. 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. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling [...]