Patterson-UTI Energy, Inc. (NASDAQ: 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 and gas. The company, which provides onshore contract drilling for oil and natural gas producers, operates more than 350 rigs and a fleet of support vehicles (about 320 trucks and 400 trailers.) 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) by providing pressure pumping services for oil and natural gas operators, primarily in Texas and the Appalachian Basin. In 2010 Patterson-UTI's marketable drilling rigs reported depth capabilities ranging from 5,000 ft. to 25,000 ft.
Key Numbers from Hoover's UK
Key financials for Patterson-UTI Energy, Inc. (NASDAQ: PTEN)
| Company Type | Public (NASDAQ: PTEN) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £793.7 |
| 1-Year Sales Growth | 57.0% |
| 2010 Net Income (mil.) | £75.6 |
| 2010 Employees | 7,000 |
| 1-Year Employee Growth | 66.7% |
Key People from Hoover's UK
Key people and executives for Patterson-UTI Energy, Inc. (NASDAQ: PTEN)
| Chairman | Mark S. Siegel (Subscribers see complete biographies -- view sample)
|
|---|---|
| President and CEO | Douglas J. (Doug) Wall |
| Director Information Technology | Mike Martini |
Top Competitors from Hoover's UK
Top competitors of Patterson-UTI Energy, Inc. (NASDAQ: PTEN)
There are 14 competitors for Patterson-UTI Energy; see more.Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
- Oil & Gas Well Drilling(primary)
Rankings from Hoover's UK
See how Patterson-UTI Energy, Inc. (NASDAQ: PTEN) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- S&P 400
