Patterson-UTI Energy, Inc. (NASDAQ (GS): PTEN)
Houston, TX 77067 (Map) Phone: 281-765-7100
Fax: 281-765-7113
http://www.patenergy.com
Overview
Patterson-UTI Energy's pattern of activity is to drill for oil. The company, which provides onshore contract drilling for oil and natural gas producers, operates about 350 rigs. It has the second-largest land-based drilling fleet in North America, behind that of Nabors Industries. Patterson-UTI complements its contract drilling business in Canada and across the US (Patterson-UTI Drilling) with drilling and completion fluids operations (Ambar Lone Star). It also provides pressure pumping services (Universal Well Services) for oil and natural gas operators primarily in the Appalachian Basin. In 2008 Patterson-UTI's marketable drilling rigs reported depth capabilities ranging from 5,000 ft. to 30,000 ft.
Key Numbers from Hoover's UK
Key financials for Patterson-UTI Energy, Inc. (NASDAQ (GS): PTEN)
| Company Type | Public (NASDAQ (GS): PTEN) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £1,525.6 |
| 1-Year Sales Growth | 4.5% |
| 2008 Net Income (mil.) | £239.7 |
| 1-Year Net Income Growth | (20.9%) |
| 2008 Employees | 6,600 |
| 1-Year Employee Growth | (18.5%) |
Key People from Hoover's UK
Key people and executives for Patterson-UTI Energy, Inc. (NASDAQ (GS): PTEN)
| Chairman | Mark S. Siegel (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President and CEO | Douglas J. (Doug) Wall Connect to this executive |
| Director Information Technology | Mike Martini Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Patterson-UTI Energy, Inc. (NASDAQ (GS): PTEN)
There are 9 competitors for Patterson-UTI Energy; see more.Significant Developments
View company events at Patterson-UTI Energy, Inc. (NASDAQ (GS): PTEN) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Address Change | Subscribers get full details -- view a sample |
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