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Patterson-UTI Energy Inc (PTEN)

NASDAQ

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5.380 -0.230 -4.10%

15/08 - Closed. Currency in USD

After Hours

5.480

+0.100

+1.859%

0:34:08 - Real-time Data

Type: Equity

Market: United States

Volume: 7,629,670
Bid/Ask: 0.000 / 0.000
Day's Range: 5.360 - 5.600

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Patterson-UTI Energy Inc Company Profile

Get an in-depth profile of Patterson-UTI Energy Inc, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryOil & Gas Related Equipment and Services

SectorEnergy

Employees

9200

Equity Type

ORD

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision od contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine and mining industries; and servicing and re-certification of equipment for drilling contractors. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and is involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

Contact Information

Address 10713 West Sam Houston Parkway North Suite 800
Houston, 77064
United States

Phone 281 765 7100

Fax -

Web www.patenergy.com

Top Executives

Name	Age	Since	Title
Curtis W. Huff	63	2001	Independent Non-Executive Chairman
William Andrew Hendricks	56	2012	President, CEO & Director
Amy H. Nelson	53	2023	Director
Tiffany J. Thom Cepak	51	2014	Independent Director
Cesar Jaime	65	2022	Independent Director
Robert Wayne Drummond	63	2023	Independent Vice Chairman of the Board
Janeen S. Judah	64	2018	Independent Director
Gary M. Halverson	65	2023	Independent Director
James C. Stewart	61	2023	Independent Director
Julie Johnson Robertson	68	2022	Independent Director
Leslie Shockley A. Beyer	48	2023	Independent Director

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