Patterson-UTI Energy Inc. will host a conference call on Thursday, April 24, 2025, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2025. Participants can access the call by dialing 715-9871 in North America or 307-1963 if International and referencing Conference ID 2545909. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website [...]
Patterson-UTI Energy Inc. today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States. For the three months ended March 31, 2025, the Company had an average of 106 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that [...]
Patterson-UTI Energy Inc. today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States. For the two months ended February 28, 2025, the Company had an average of 107 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
Patterson-UTI Energy Inc. today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended December 31, 2024. Fourth Quarter 2024 Financial Results Total revenue of $1.2 billion Net loss attributable to common stockholders of $52 million, or $0.13 per share Includes $3 million in merger and integration expenses Adjusted EBITDA of $225 million Excludes merger and integration expenses Other Key Items Full year 2024 Cash from [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, February 6, 2025, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2024. Participants can access the call by dialing 715-9871 in North America or 307-1963 if International and referencing Conference ID 3030069. The call will also be webcast and can be accessed through a link in the Investors section of the Company's [...]
Patterson-UTI Energy Inc. today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States. For the three months ended December 31, 2024, the Company had an average of 105 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
Patterson-UTI Energy Inc. today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States. For the two months ended November 30, 2024, the Company had an average of 105 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
Patterson-UTI Energy Inc. today reported that for the month of October 2024, the Company had an average of 105 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in [...]
Patterson-UTI Energy Inc. today reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Results Total revenue of $1.4 billion Net loss attributable to common stockholders of $979 million, or $2.50 per share Includes an $885 million goodwill impairment, a $114 million asset retirement charge for rigs we are no longer marketing, and $7 million in merger and integration expenses [...]
Patterson-UTI Energy Inc. will host a conference call on Thursday, October 24, 2024, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2024. Participants can access the call by dialing 715-9871 in North America or 307-1963 if International and referencing Conference ID 1337733. The call will also be webcast and can be accessed through a link in the Investors section of the Company's [...]
Patterson-UTI Energy Inc. today reported that for the month of September 2024, the Company had an average of 107 drilling rigs operating in the United States. For the three months ended September 30, 2024, the Company had an average of 107 drilling rigs operating in the United States. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs [...]
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