Patterson-UTI Energy Inc (NASDAQ:PTEN)

13.84
Delayed Data
As of Sep 29
 -0.72 / -4.98%
Today’s Change
9.70
Today|||52-Week Range
19.81
-17.84%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Contract Drilling
MARKET CAP
$6.0B

Company Description

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: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its services to oil and natural gas operators in the United States and Colombia. The Pressure Pumping Services segment offers pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin. The Directional Drilling Services segment consists of downhole performance motors and equipment to provide services including directional drilling, downhole performance motors, motor rentals, directional surveying, measurement-while-drilling, and wireline steering tools, in most major onshore oil and natural gas basins. 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

Employees

Shareholders

Mutual fund holders66.77%
Individual stakeholders4.91%
Other institutional23.64%

Top Executives

Andy HendricksPresident, Chief Executive Officer & Director
C. Andrew SmithChief Financial Officer & Executive Vice President
James M. HolcombChief Business Officer & Executive Vice President
Kenneth Neil BernsChief Commercial Officer & Executive VP
Seth David WexlerSecretary, Senior VP & General Counsel