HOUSTON, May 6, 2014 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today announced that it will make a presentation on May 14, 2014 at the Citi 2014 Global Energy and Utilities Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 10:15 a.m. Eastern Time. To access the webcast, go to [...]
HOUSTON, May 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2014, the Company had an average of 199 drilling rigs operating in the United States and one rig 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, April 24, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2014. The Company reported net income of $34.8 million, or $0.24 per share, for the first quarter of 2014, compared to net income of $56.2 million, or $0.38 per share, for the quarter ended March 31, 2013. Revenues for the first quarter of 2014 were $678 million [...]
HOUSTON, March 28, 2014 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) will hold its conference call to discuss results for the first quarter ending March 31, 2014 on Thursday, April 24, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (866) 318-8619 or (617) 399-5138 with the access code 59059477. The call will also be webcast and can be accessed through a link in the Investors [...]
HOUSTON, Texas, March 21, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its pressure pumping operations in the Appalachian region have been negatively impacted by unusually severe weather during the first quarter. We now expect pressure pumping revenues of approximately $240 million for the first quarter, with a margin percentage of approximately 17%. The margin percentage is lower [...]
HOUSTON, March 5, 2014 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported that for the month of February 2014, the Company had an average of 193 drilling rigs operating in the United States and 12 rigs in Canada. For the two months ended February 28, 2014, the Company had an average of 191 drilling rigs operating in the United States and 11 rigs in Canada. Average drilling rigs operating reported in [...]
HOUSTON, Feb. 26, 2014 /PRNewswire/ --Patterson-UTI Energy Inc. (NASDAQ: PTEN) today announced that it will make a presentation on March 4, 2014 at the Raymond James 35th Annual Institutional Investors Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 1:40 p.m. Eastern Time. To access the webcast, go [...]
HOUSTON, Feb. 10, 2014 /PRNewswire/-- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today announced that it will make a presentation on February 11, 2014 at the Credit Suisse 19th Annual Energy Summit. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 1:10 p.m. Mountain Time. To access the webcast, go to [...]
Doubles Quarterly Dividend HOUSTON, Feb. 6, 2014 /PRNewswire/ -- Patterson-UTI Energy Inc. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2013. The Company reported net income of $16.6 million, or $0.11 per share, for the fourth quarter of 2013, compared to net income of $58.9 million, or $0.40 per share, for the quarter ended December 31, 2012. Revenues for the [...]
HOUSTON, Feb. 4, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2014, the Company had an average of 188 drilling rigs operating in the United States and 11 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 [...]
HOUSTON, Dec. 18, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will incur a pretax non-cash charge of approximately $37.8 million (or an estimated $24.0 million after-tax) related to its mechanically powered rig fleet. This charge reflects the recent shift in customer demand away from mechanically powered drilling rigs to electric powered drilling rigs. This pretax non-cash [...]
HOUSTON, Dec. 5, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the fourth quarter ending December 31, 2013 on Thursday, February 6, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (877) 280-4954 or (857) 244-7311 with the access code 45835874. The call will also be webcast and can be accessed through a link in the [...]