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Last updated on April 21, 2014 at 12:45 EDT

Latest Patterson-UTI Energy Inc. Stories

2014-03-28 08:21:32

HOUSTON, March 28, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the first quarter ending March 31, 2014 on Thursday, April 24, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (866) 318-8619 or (617) 399-5138 with the access code 59059477. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com. A...

2014-03-21 08:21:05

HOUSTON, Texas, March 21, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its pressure pumping operations in the Appalachian region have been negatively impacted by unusually severe weather during the first quarter. We now expect pressure pumping revenues of approximately $240 million for the first quarter, with a margin percentage of approximately 17%. The margin percentage is lower than we had projected as a result of having crews and equipment...

2014-03-07 12:22:04

CHICAGO, March 7, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Universal Forest Products Inc. (Nasdaq:UFPI-Free Report), Exxon Mobil Corp. (NYSE:XOM-Free Report), Helmerich & Payne, Inc. (NYSE:HP-Free Report), Matrix Service Co. (Nasdaq:MTRX-Free Report) and...

2014-03-05 08:23:15

HOUSTON, March 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of February 2014, the Company had an average of 193 drilling rigs operating in the United States and 12 rigs in Canada. For the two months ended February 28, 2014, the Company had an average of 191 drilling rigs operating in the United States and 11 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average...

2014-02-26 08:21:39

HOUSTON, Feb. 26, 2014 /PRNewswire/ --PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on March 4, 2014 at the Raymond James 35(th) Annual Institutional Investors Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 1:40 p.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time....

2014-02-10 08:28:24

HOUSTON, Feb. 10, 2014 /PRNewswire/-- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on February 11, 2014 at the Credit Suisse 19(th) Annual Energy Summit. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 1:10 p.m. Mountain Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time. About...

2014-02-06 08:22:28

Doubles Quarterly Dividend HOUSTON, Feb. 6, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2013. The Company reported net income of $16.6 million, or $0.11 per share, for the fourth quarter of 2013, compared to net income of $58.9 million, or $0.40 per share, for the quarter ended December 31, 2012. Revenues for the fourth quarter of 2013 were $659 million, compared to $653 million...

2014-02-04 08:22:26

HOUSTON, Feb. 4, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2014, the Company had an average of 188 drilling rigs operating in the United States and 11 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to...

2014-01-06 08:28:15

HOUSTON, Jan. 6, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2013, the Company had an average of 187 drilling rigs operating in the United States and 9 rigs in Canada. For the three months ended December 31, 2013, the Company had an average of 183 drilling rigs operating in the United States and 9 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average...

2013-12-18 08:23:22

HOUSTON, Dec. 18, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will incur a pretax non-cash charge of approximately $37.8 million (or an estimated $24.0 million after-tax) related to its mechanically powered rig fleet. This charge reflects the recent shift in customer demand away from mechanically powered drilling rigs to electric powered drilling rigs. This pretax non-cash charge includes $7.9 million from the retirement of 48 of its...