• S&P 400
  • # 860 FORTUNE 1000 (May 2018)

Patterson-Uti Energy, Inc.

10713 W SAM HOUSTON PKWY N STE 800
HOUSTON, TX, 77064-3583  United States
(281) 765-7100
Company Type: Public Parent

Patterson-UTI Energy's pattern of activity is to drill for oil and gas. The company provides onshore contract drilling for oil and natural gas producers and operates 221 land-based rigs and a fleet of support vehicles. It has one of the largest land-based drilling fleets in North America, behind that of Nabors Industries. Patterson-UTI complements its contract drilling business in Canada and across the US (Patterson-UTI Drilling) by providing pressure pumping services for oil and natural gas operators. Patterson-UTI's marketable drilling rigs have depth capabilities ranging from 10,000 ft. to 25,000 ft. and a total of 1 million hydraulic horsepower. In late 2016 the company agreed to buy Seventy Seven Energy.

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  •  EMPLOYEES 60
  • ASSETS (MIL USD) 5,759
  •  SALES (MIL USD) 2,356.68
  • TICKER SYMBOL PTEN
  • Incorporated 1978
  • MARKET VALUE (MIL USD) 2,241.5
  • FISCAL YEAR END DEC
  • SALES GROWTH % 157.32%
  • EMPLOYEE GROWTH % 122.22%
  • CREDIT PRESCREEN HIGH RISK

Get in Touch with 4 Contacts

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  • William A. Hendricks
    President and CEO, Patterson-UTI Energy, Inc. and Seventy Seven Energy Inc.
  • Mark S. Siegel
    Chairman
  • C. Andrew Smith
    CFO
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Patterson-Uti Energy, Inc.

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