HOUSTON, Sept. 6, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported that for the month of August 2016, the Company had an average of 60 drilling rigs operating in the United States and two rigs in Canada. For the two months ended August 31, 2016, the Company had an average of 58 drilling rigs operating in the United States and two rigs in Canada. Average drilling rigs operating reported in the [...]
HOUSTON, Sept. 2, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 7, 2016 at the Barclays CEO Energy-Power Conference. Representing the Company at the conference will be Mark Siegel, Chairman, Andy Hendricks, Chief Executive Officer, and Mike Holcomb, President Patterson-UTI Drilling Company LLC. The presentation will be webcast live beginning [...]
HOUSTON, Aug. 4, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported that for the month of July 2016, the Company had an average of 56 drilling rigs operating in the United States, and two rigs in Canada. 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 [...]
HOUSTON, July 28, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2016. The Company reported a net loss of $85.9 million, or $0.58 per share, for the second quarter of 2016, compared to a net loss of $19.0 million, or $0.13 per share, for the quarter ended June 30, 2015. Revenues for the second quarter of 2016 were $194 million [...]
Extends Unsecured Line of Credit to March 2019 and Repays Term Loans HOUSTON, July 12, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that it has amended its $500 million senior unsecured revolving credit agreement to, among other things, extend the maturity date of $357.9 million in revolving credit commitments of certain lenders from September 27, 2017 to March 27, 2019. In addition [...]
HOUSTON, July 5, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported that for the month of June 2016, the Company had an average of 54 drilling rigs operating in the United States, and one rig in Canada. For the three months ended June 30, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada. Average drilling rigs operating reported [...]
HOUSTON, June 29, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) will hold a conference call on Thursday, July 28, 2016, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2016. Participants can access the call by dialing (866) 841-7265 or (704) 908-0463 with the passcode 13110301. The call will also be webcast and can be accessed through a link in the Investors section of [...]
HOUSTON, June 22, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on June 28, 2016 at the J.P. Morgan Inaugural Energy Equity Conference 2016. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 8:40 a.m. Eastern Time. To access the webcast, go to [...]
HOUSTON, June 3, 2016 /PRNewswire/ --PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2016, the Company had an average of 53 drilling rigs operating in the United States, and less than one rig in Canada. For the two months ended May 31, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada. Average drilling rigs operating [...]
HOUSTON, May 18, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 24, 2016 at the UBS Global Oil and Gas Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 10:35 a.m. Central Time. To access the webcast, go to www.patenergy.com prior [...]
HOUSTON, May 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 10, 2016 at the Citi 2016 Global Energy & Utilities Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 2:00 p.m. Eastern Time. To access the webcast, go to [...]
HOUSTON, May 4, 2016 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported that for the month of April 2016, the Company had an average of 56 drilling rigs operating in the United States, and no operating rigs in Canada due to the industry downturn and spring breakup. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling [...]
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