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Natural gas firms including Chesapeake Energy, Comstock Resources and Antero Resources have warned they were dropping rigs and frack crews as ultra-low gas prices slammed profits ....
Oilfield service companies and drillers have put the brakes on hiring and further job cuts could loom as natural gas producers respond to sliding prices by slashing spending on new wells to reduce. ....
Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity. ....
Contract driller Patterson-UTI Energy Inc. has no plans to add drilling or completion capacity in the Lower 48, as activity is forecast to remain flat ....
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 […] ....