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Operator: Ladies and gentlemen, welcome to the Patterson UTI First Quarter 2024 conference call. [Operator Instructions]. As a reminder, today s call is being recorded.
Last June, Patterson-UTI Energy, which operates roughly half of the active rigs in the Marcellus/Utica, announced it was merging with NexTier Oilfield Solutions in a combination that would create the #1 company in fracking services in the country (see Patterson-UTI & NexTier to Merge, Bigger Fracker than Halliburton). The merger was completed last September. However,
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q4 2023 Earnings Call Transcript February 15, 2024 Patterson-UTI Energy, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. At this time. I’d like to welcome you to the Patterson-UTI Energy […]
While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.