Patterson-UTI Energy Inc

-0.14 (-0.87%)
7:18:58 PM EDT: $16.10 +0.23 (+1.45%)
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Market Cap (Intraday)3.41B
Current PEN/A
Forward PE 28.85
2yr Forward PE 7.25
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Estimates Current Quarter
Revenue$741.54 Million
Adjusted EPS$0.32
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10-Day MA$16.40
50-Day MA$16.71
200-Day MA$15.82
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Patterson-UTI Energy Inc Stock, NASDAQ:PTEN

10713 West Sam Houston Parkway North, Suite 800, Houston, Texas 77064
United States of America
Phone: +1.281.765.7100
Number of Employees: 3500


Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment and technology. It operates through the following segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its services to major and independent oil and natural gas operators. The Pressure Pumping Services segment offers pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin. The Directional Drilling Services segment consists of downhole performance motors and equipment to provide services including directional drilling, downhole performance motors, motor rentals, directional surveying, measurement-while-drilling, and wireline steering tools, in most major onshore oil and natural gas basins. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.