Five Star Equities Provides Stock Research on Patterson-UTI Energy and Cal Dive InternationalNEW YORK, NY -- (Marketwire) -- 02/20/13 -- The nation's focus on reducing its dependence for oil have created significant opportunities for growth for companies in the Oil & Gas Equipment & Services Industry. The International Energy Agency (IEA) recently forecasted the U.S. will become the world's largest oil producer by 2020 [...]
HOUSTON, Feb. 7, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2012. The Company reported net income of $58.9 million, or $0.40 per share, for the fourth quarter of 2012, compared to net income of $87.6 million, or $0.56 per share, for the quarter ended December 31, 2011. Revenues for the fourth quarter of 2012 [...]
HOUSTON, Feb. 4, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2013, the Company had an average of 197 drilling rigs operating, including 187 rigs in the United States and 10 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 [...]
LONDON, January 25, 2013 /PRNewswire/ --Oil and gas industry is lately been plagued by uncertainty in international oil prices. Demand and supply mismatched coupled with constant pricing pressure is detrimental to all the component sub-sectors of the industry. The sector lagged behind the returns offered by S&P 500 and disappointed the investors. StockCall technical analysts posted their recent research on Nabors [...]
HOUSTON, Jan. 3, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2012, the Company had an average of 205 drilling rigs operating, including 197 rigs in the United States and 8 rigs in Canada. For the three months ended December 31, 2012, the Company had an average of 205 drilling rigs operating, including 198 rigs in the United States and 7 rigs in [...]
HOUSTON, Dec. 20, 2012 /PRNewswire/ -- Patterson-UTI Energy, Inc. (NASDAQ: PTEN) will hold its conference call to discuss results for the fourth quarter ending December 31, 2012 on Thursday, February 7, 2013 at 9:00 a.m. Central Time.Participants can access the call by dialing (866) 362-4666 or (617) 597-5313 with the access code 48970041. The call will also be webcast and can be accessed through a link in the [...]
HOUSTON, Dec. 4, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on December 5, 2012 at the Capital One Southcoast Energy Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 3:40 p.m. Central Time. To access the webcast, go to [...]
HOUSTON, Dec. 4, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2012, the Company had an average of 206 drilling rigs operating, including 198 rigs in the United States and 8 rigs in Canada. For the two months ended November 30, 2012, the Company had an average of 206 drilling rigs operating, including 199 rigs in the United States and 7 rigs in [...]
HOUSTON, Dec. 3, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on December 4, 2012 at the Dahlman Rose & Co. Ultimate Oil Services and E&P Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 2:40 p.m. Eastern Time. To [...]
HOUSTON, Nov. 23, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on November 29, 2012 at the Jefferies 2012 Global Energy Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 3:30 p.m. Central Time. To access the webcast, go [...]
LONDON -- (Marketwire) -- 11/08/12 -- Most gas and oil drillers continue to ramp up efforts to increase rig and well counts as demand and pricing remain relatively favorable. The challenge now for companies in the industry, which includes Transocean Ltd. and Patterson-UTI Energy Inc., is maintaining funding levels to sustain these expansion efforts. www.WallStreetActive.com is unswerving when it comes teaching the new [...]
HOUSTON, Nov. 8, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that its subsidiary, Patterson-UTI Drilling Company LLC, has been designated a 2013 Top 100 Military Friendly Employer® by G.I. Jobs. This designation is awarded annually from a group of over 5,000 companies based on the strength of company military recruiting efforts, the percentage of new hires with prior military [...]