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Latest Patterson-UTI Energy Inc. Stories

2014-10-23 08:25:21

HOUSTON, Oct. 23, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2014. Including the non-cash charge discussed below, the Company reported net income of $16.0 million, or $0.11 per share, for the third quarter of 2014, compared to net income of $74.4 million, or $0.51 per share, for the quarter ended September 30, 2013. Revenues for the third quarter of 2014 were $846 million, a...

2014-10-20 16:22:52

HOUSTON, Oct. 20, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has completed the previously announced acquisition of the Texas-based pressure pumping assets of a privately held company. The acquisition included 148,250 horsepower of hydraulic fracturing equipment and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in South Texas and East Texas. Patterson-UTI now...

2014-10-03 08:21:22

HOUSTON, Oct. 3, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2014, the Company had an average of 211 drilling rigs operating in the United States and 10 rigs in Canada. For the three months ended September 30, 2014, the Company had an average of 209 drilling rigs operating in the United States and 10 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average...

2014-09-24 08:22:38

HOUSTON, Sept. 24, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the third quarter ending September 30, 2014 on Thursday, October 23, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (877) 280-4960 or (857) 244-7317 with the access code 50285712. 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...

2014-09-23 08:22:59

HOUSTON, Sept. 23, 2014 /PRNewswire/ --PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 29, 2014 at the Johnson Rice Energy Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 4:35 p.m. Central Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time. About...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

2014-09-04 08:22:21

HOUSTON, Sept. 4, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. For the two months ended August 31, 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...

2014-08-27 08:22:04

HOUSTON, Aug. 27, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 2, 2014 at the Barclays CEO Energy-Power Conference. Representing the Company at the conference will be Mark S. Siegel, Chairman, and Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 3:45 p.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start...

2014-08-11 08:23:15

HOUSTON, Aug. 11, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that Tiffany J. ("TJ") Thom, has been appointed to the Company's Board of Directors. With Ms. Thom's appointment, the Patterson-UTI Board has been expanded to eight members. Ms. Thom has more than 20 years of operational and financial experience within the energy industry. Most recently, she held the position of Executive Vice President, Chief Financial Officer for EPL Oil & Gas,...

2014-08-05 08:24:15

HOUSTON, Aug. 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2014, the Company had an average of 207 drilling rigs operating in the United States and nine 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 average...


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