Patterson-UTI Energy Inc. today reported that for the month of June 2024, the Company had an average of 113 drilling rigs operating in the United States. For the three months ended June 30, 2024, the Company had an average of 114 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were [...]
Patterson-UTI Energy Inc. today reported that for the month of May 2024, the Company had an average of 114 drilling rigs operating in the United States. For the two months ended May 31, 2024, the Company had an average of 115 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were [...]
Patterson-UTI Energy Inc. today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi. Subject to the execution of definitive agreements and any necessary regulatory approvals, Patterson-UTI expects to hold a [...]
Patterson-UTI Energy Inc. today reported that for the month of April 2024, the Company had an average of 116 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended March 31, 2024. First Quarter 2024 Financial Results and Other Key Items Total revenue of $1.5 billion Net income attributable to common stockholders of $51 million, or $0.13 per share Includes $12 million in merger and integration expenses Adjusted net income attributable to common stockholders of $61 million, or $0.15 per share Excludes [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, May 2, 2024, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2024. Participants can access the call by dialing 550-5422 in North America or 960-0676 if International and referencing Conference ID 3822955. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at [...]
Patterson-UTI Energy Inc. today reported that for the month of March 2024, the Company had an average of 120 drilling rigs operating in the United States. For the three months ended March 31, 2024, the Company had an average of 121 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that [...]
Patterson-UTI Energy Inc. today reported that for the month of February 2024, the Company had an average of 122 drilling rigs operating in the United States. For the two months ended February 29, 2024, the Company had an average of 122 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial Results and Other Key Items Total revenue of $1.58 billion Net income attributable to common stockholders of $62 million, or $0.15 per share Includes $20 million in merger and integration expenses Adjusted net income attributable to common stockholders of $78 million, or $0.19 per share [...]
Patterson-UTI Energy Inc. today reported that for the month of January 2024, the Company had an average of 122 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, February 15, 2024, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2023. Participants can access the call by dialing 550-5422 in North America or 960-0676 if International and referencing Conference ID 3822955. The call will also be webcast and can be accessed through a link in the Investors section of the Company's [...]
Patterson-UTI Energy Inc. today reported that for the month of December 2023, the Company had an average of 119 drilling rigs operating in the United States. For the three months ended December 31, 2023, the Company had an average of 118 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
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