Patterson-UTI Energy Inc (NASDAQ:PTEN)

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Industrial Services
Contract Drilling

Company Description

Patterson-UTI Energy, Inc. engages in the provision of onshore contract drilling services to major and independent oil and natural gas operators in the continental United States, Alaska and western and northern Canada. It operates through the following segments: Contract Drilling, Pressure Pumping Services, and Oil and Natural Gas Properties. The Contract Drilling segment markets its services to major and independent oil and natural gas operators. The Pressure Pumping segment provides pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin. The Oil and Natural Gas segment owns and invests in oil and natural gas assets as a non-operating working interest owner. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.

Contact Information

Patterson-UTI Energy, Inc.
10713 West Sam Houston Parkway North
Houston Texas 77064
P:(281) 765-7100
Investor Relations:
(281) 765-7170



Mutual fund holders60.74%
Other institutional40.25%
Individual stakeholders2.66%

Top Executives

Andy HendricksPresident, Chief Executive Officer & Director
C. Andrew SmithCFO, & Principal Accounting Officer & EVP
Kenneth Neil BernsChief Commercial Officer & Executive VP
Seth David WexlerSecretary, Senior Vice President & General Counsel
James M. HolcombSenior Vice President-Operations