HOUSTON, July 3, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2012, the Company had an average of 222 drilling rigs operating, including 221 rigs in the United States and 1 rig in Canada. For the three months ended June 30, 2012, the Company had an average of 224 drilling rigs operating, including 224 rigs in the United States and no rigs in [...]
HOUSTON, June 15, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced that it issued and sold $300 million aggregate principal amount of unsecured 4.27% Series B Senior Notes due June 14, 2022. The Company sold the notes in a private placement to accredited investors pursuant to an exemption from registration under the Securities Act of 1933, as amended. The Company used most of the [...]
HOUSTON, June 4, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2012, the Company had an average of 223 drilling rigs operating, including 223 rigs in the United States and no rigs in Canada. For the two months ended May 31, 2012, the Company had an average of 225 drilling rigs operating, including 225 rigs in the United States and no rigs in [...]
HONG KONG -- (Marketwire) -- 05/22/12 -- Today, www.EquityLeader.com introduced research coverage of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) and Oasis Petroleum Inc. (NYSE: OAS). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=PTEN&sm2=OAS.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year [...]
HOUSTON, May 17, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 23, 2012 at the UBS Global Oil and Gas Conference. Representing the Company at the conference will be Douglas J. Wall, Chief Executive Officer. ...
HOUSTON, May 2, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2012, the Company had an average of 227 drilling rigs operating, including 226 rigs in the United States and 1 rig in Canada. Average drilling rigs operating reported ...
HOUSTON, April 26, 2012 /PRNewswire/ --PATTERSON-UTI ENERGY, INC.
today reported financial results for the three months ended March 31, 2012. The Company reported net income of $97.3 million, or $0.62 per share, for the first quarter of 2012, an increase of 37% compared to net income of $71.3 million, or $0.46 per share, for the quarter ended March 31, 2011. Revenues for the first [...]
HOUSTON, April 23, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC.
today announced that it sold its flowback operations to TETRA Technologies, Inc. in a cash transaction. The sale price was $42.5 million and a subsidiary of Patterson-UTI retained the associated financial working capital of approximately $5 million. Patterson-UTI expects to report a pretax gain of approximately $20 million in the second quarter of 2012 [...]
HOUSTON, April 4, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC.
today reported that for the month of March 2012, the Company had an average of 232 drilling rigs operating, including 225 rigs in the United States and 7 rigs in Canada. For the three months ended March 31, 2012, the Company had an average of 237 drilling rigs operating, including 224 rigs in the United States and 13 rigs in Canada.
HOUSTON, March 16, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC.
today announced that William Andrew ('Andy') Hendricks, Jr., 47, will join Patterson-UTI as Chief Operating Officer on April 2, 2012. Mr. Hendricks comes from Schlumberger Limited where he has served since 2010 as President, Schlumberger Drilling and Measurements. As Division President, Andy has had responsibility for a multi-billion dollar global [...]
HOUSTON, March 2, 2012 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC.
today reported that for the month of February 2012, the Company had an average of 240 drilling rigs operating, including 224 rigs in the United States and 16 rigs in Canada. For the two months ended February 29, 2012, the Company had an average of 240 drilling rigs operating, including 224 rigs in the United States and 16 rigs in Canada.
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