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About PTEN

Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment represents contract drilling, directional drilling, oilfield technology, and electrical controls and automation businesses. The Completion Services segment offers hydraulic fracturing, wireline and pumping, completion support, cementing, and pressure pumping business. The Drilling Products segment focuses on manufacturing and distribution of drill bits business. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.

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Latest PTEN news

Yesterday 9:41am ET Unusually active option classes on open April 12th Apr 11 12:26pm ET Patterson-UTI call volume above normal and directionally bullish Apr 03 4:46pm ET Patterson-UTI reports March drilling activity Mar 19 9:45pm ET Patterson-UTI (PTEN) Receives a Rating Update from a Top Analyst Feb 20 7:16am ET J.P. Morgan Keeps Their Hold Rating on Patterson-UTI (PTEN) Feb 20 6:10am ET Analysts’ Top Energy Picks: Antero Midstream (AM), Patterson-UTI (PTEN) Feb 20 3:21am ET Analysts’ Opinions Are Mixed on These Energy Stocks: TC Energy (TRP) and Patterson-UTI (PTEN) Feb 16 8:10am ET Analysts Offer Insights on Energy Companies: Northern Oil And Gas (NOG), Martin Midstream (MMLP) and Patterson-UTI (PTEN) Feb 16 7:21am ET Analysts Offer Insights on Energy Companies: Williams Co (WMB), Cenovus Energy (CVE) and Patterson-UTI (PTEN) Feb 15 7:19am ET Benchmark Co. Remains a Hold on Patterson-UTI (PTEN) Feb 15 6:13am ET Patterson-Uti Energy Enhances Transparency in Disclosures Feb 14 6:36pm ET Patterson-UTI board boosts stock repurchase authorization total to $1B Feb 14 6:36pm ET Patterson-UTI sees FY24 CapEx roughly $740M Feb 14 6:35pm ET Patterson-UTI reports Q4 adjusted EPS 19c, consensus 19c Feb 14 2:04pm ET Patterson-UTI options imply 5.6% move in share price post-earnings Feb 06 2:25pm ET Patterson-UTI call volume above normal and directionally bullish Feb 05 6:02pm ET Patterson-UTI reports average of 122 drilling rigs in U.S. in January Jan 30 12:05pm ET Patterson-UTI call volume above normal and directionally bullish Jan 15 8:57pm ET RBC Capital Sticks to Its Buy Rating for Patterson-UTI (PTEN)

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