Patterson-UTI Energy Inc
NASDAQ:PTEN

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Patterson-UTI Energy Inc
NASDAQ:PTEN
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Price: 8.5 USD 0.95% Market Closed
Market Cap: 3.3B USD
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Patterson-UTI Energy Inc
Investor Relations

Patterson-UTI Energy Inc. stands as a formidable player in the energy sector, weaving its narrative through the vast landscape of oilfield services. Headquartered in Houston, Texas, the company has carved out a significant niche in the drilling and pressure pumping markets. At the core of its operations lies a robust fleet of high-spec drilling rigs, designed to tackle the complexities of modern energy extraction. Through its contract drilling segment, Patterson-UTI deploys these rigs across key basins in the United States, providing essential services that enable oil and natural gas companies to efficiently extract resources. This strategic focus on technologically advanced and performance-driven rig operations serves as a primary revenue source, making the company an indispensable partner in the upstream sector.

Beyond drilling, Patterson-UTI leverages its expertise in pressure pumping services, which are critical in the hydraulic fracturing process, a method used extensively to enhance oil and gas recovery from challenging reservoirs. By offering integrated solutions that encompass both drilling and completion services, the company strives to maximize operational efficiency and deliver value to its clients. Furthermore, Patterson-UTI extends its prowess in the energy sector through strategic acquisitions and investments, constantly adapting to the shifting dynamics of the industry. Its business model is thereby firmly grounded in providing essential services that align with the evolving needs of energy producers, ultimately driving its financial performance and sustaining its competitive edge.

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Management

Mr. William Andrew Hendricks Jr.
President, CEO & Director
No Bio Available
Mr. C. Andrew Smith CPA
Executive VP & CFO
No Bio Available
Mr. Kenneth N. Berns CPA
Executive VP & Chief Commercial Officer
No Bio Available
Mr. James Michael Holcomb
Executive VP & Chief Business Officer
No Bio Available
Mr. Michael James Sabella
Vice President of Investor Relations
No Bio Available
Mr. Marty Unrein
Senior VP of Sales & Marketing
No Bio Available
Ms. Diana Dotolo
Senior Vice President of Human Resources
No Bio Available
Mr. Matt Pye
Senior Vice President of Industry Affairs
No Bio Available
Ms. Kathryn Roark
Senior Vice President of Sustainability, Diversity & Culture
No Bio Available
Mr. Mike Garvin
President of Patterson-UTI Drilling
No Bio Available

Contacts

Address
TEXAS
Houston
10713 W Sam Houston Pkwy N Ste 800
Contacts
+12817657100.0
www.patenergy.com