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Patterson UTI Energy Value Stock - Dividend - Research Selection

Patterson uti energy

ISIN: US7034811015 , WKN: 905153

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Description of the company

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through two segments, Contract Drilling and Pressure Pumping. The Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, western Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2017, this segment had a drilling fleet of 295 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas, the Mid-Continent, and the Appalachian region. Patterson-UTI Energy, Inc. also manufactures and sells pipe handling components and related technology to drilling contractors in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

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NEWS


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Director Drummond Robert Wayne Jr Sells Shares of Patterson-UTI Energy Inc (PTEN)

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Director Drummond Robert Wayne Jr has executed a significant stock sale of Patterson-UTI Energy Inc (NASDAQ:PTEN) shares, according to a recent SEC filing.

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Patterson-UTI Reports Drilling Activity for February 2024

2024-03-04
HOUSTON, TX / ACCESSWIRE / March 4, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2024, the Company had an average of 122 drilling rigs operating in the United States. For the two months ended February ...

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There's A Lot To Like About Patterson-UTI Energy's (NASDAQ:PTEN) Upcoming US$0.08 Dividend

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