
PTEN · NASDAQ
Patterson-UTI Energy, Inc.
$12.71 +0.50 (+4.05%)
Company overview
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Exchange
- NASDAQ
- Market cap
- $4.8B
- Employees
- 9,200
- Headquarters
- Houston, TX
- Website
- patenergy.com
- CEO
- William Andrew Hendricks Jr.
- Listed
- November 2, 1993
- P/E
- -40.96
- Dividend yield
- 2.97%
Company financials
- Revenue
- $4.7B
- Gross profit
- $411M
- Operating income
- -$75.9M
- EBITDA
- $860M
- Net income
- -$119M
- EPS
- -$0.31
- Total assets
- $5.4B
- Total debt
- $47.5M
- Gross margin
- 8.81%
- Net margin
- -2.56%
- Earnings yield
- -2.44%
Showing FY 2025