Patterson-UTI Energy Inc. today announced that Andy Hendricks, the Company's President and Chief Executive Officer, will participate in a fireside chat at the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022, at 9:45 a.m. Eastern time. During the fireside chat, Mr. Hendricks will make reference to an investor presentation filed today with the SEC and available in the investor relations section of the [...]
Patterson-UTI Energy Inc. today reported that for the month of August 2022, the Company had an average of 128 drilling rigs operating in the United States. For the two months ended August 31, 2022, the Company had an average of 127 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 announced that the Company will participate in the Barclays CEO Energy-Power Conference on Tuesday, September 6, 2022, and Wednesday, September 7, 2022. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, President, Patterson-UTI Drilling; Akshay Sagar, President, Universal Pressure Pumping [...]
Patterson-UTI Energy Inc. today reported that for the month of July 2022, the Company had an average of 126 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 June 30, 2022. The Company reported net income of $21.9 million, or $0.10 per share, for the second quarter of 2022, compared to a net loss of $28.8 million, or $0.13 per share, for the first quarter of 2022. Revenues for the second quarter of 2022 were $622 million, compared to $509 million for the first quarter of 2022. The financial [...]
Patterson-UTI Energy Inc. today reported that for the month of June 2022, the Company had an average of 124 drilling rigs operating in the United States. For the three months ended June 30, 2022, 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 were [...]
Patterson-UTI Energy Inc. will hold a conference call on Thursday, July 28, 2022, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2022. Participants can access the call by dialing 960-0676 or 550-5422 with the 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 investor.patenergy.com. A replay of the [...]
Patterson-UTI Energy Inc. today announced that the Company will participate in the J.P. Morgan 2022 Energy, Power & Renewables Conference on Thursday, June 23, 2022. Participating in the conference from Patterson-UTI will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, President, Patterson-UTI Drilling; and Mike Drickamer, Vice President Investor Relations. While at the [...]
Patterson-UTI Energy Inc. today reported that for the month of May 2022, the Company had an average of 121 drilling rigs operating in the United States. For the two months ended May 31, 2022, the Company had an average of 120 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 April 2022, 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 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 three months ended March 31, 2022. The Company reported a net loss of $28.8 million, or $0.13 per share, for the first quarter of 2022, compared to a net loss of $106 million, or $0.57 per share, for the first quarter of 2021. Revenues for the first quarter of 2022 were $509 million, compared to $241 million for the first quarter of 2021. Andy Hendricks [...]
Patterson-UTI Energy Inc. announces the publication of its third annual corporate sustainability report, which provides an update on the Company's efforts related to its ongoing environmental, social and governance commitment. The report contains disclosures aligned with the frameworks set forth by the Sustainability Accounting Standards Board and Task Force on Climate-Related Financial Disclosures and is available [...]
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