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Patterson-UTI Energy Inc

PE1:STU

Patterson-UTI Energy Inc

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  • Price (EUR)10.60
  • Today's Change0.00 / 0.00%
  • Shares traded0.00
  • 1 Year change-1.85%
  • Beta--
Data delayed at least 15 minutes, as of Apr 18 2024.
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About the company

Patterson-UTI Energy, Inc. is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment consists of contract drilling, directional drilling, oilfield technology and electrical controls and automation businesses. It provides contract drilling services to oil and natural gas operators in the United States and Colombia. Its Completion Services segment consists of well completion business, which includes hydraulic fracturing, wireline and pumping, completion support, cementing and pressure pumping business. The Drilling Products segment includes manufacturing and distribution of drill bits business.

  • Revenue in USD (TTM)4.15bn
  • Net income in USD246.29m
  • Incorporated1993
  • Employees10.60k
  • Location
    Patterson-UTI Energy Inc10713 West Sam Houston Parkway NorthSuite 800HOUSTON 77064United StatesUSA
  • Phone+1 (281) 765-7100
  • Fax+1 (302) 655-5049
  • Websitehttps://patenergy.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		PTEN:NSQ since
announced		Transaction
value
Ulterra Drilling Technologies LPDeal completed05 Jul 202305 Jul 2023Deal completed-7.95%813.99m
NexTier Oilfield Solutions IncDeal completed15 Jun 202315 Jun 2023Deal completed1.89%2.00bn
Data delayed at least 15 minutes, as of Apr 18 2024 21:00 BST.
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