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Patterson-UTI Braces for Activity 'Pause' After E&P Consolidations

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. ....

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Patterson-UTI Steadies Capacity Additions while Expanding Natural Gas-Powered Fleets, Rig Tech

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 ....

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Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q4 2023 Earnings Call Transcript

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 […] ....

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