2017 News Releases

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Patterson-UTI Energy, Inc. at Credit Suisse 22nd Annual Energy Summit
02/14/17 at 10:55 a.m. MT
Patterson-UTI Energy, Inc. at Credit Suisse 22nd Annual Energy Summit
Tuesday, February 14, 2017 10:55 a.m. MT  
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Q4 2016 Patterson-UTI Energy, Inc. Earnings Conference Call
02/09/17 at 9:00 a.m. CT
Q4 2016 Patterson-UTI Energy, Inc. Earnings Conference Call
Thursday, February 9, 2017 9:00 a.m. CT  
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02/09/17Patterson-UTI Energy Reports Financial Results for Three and Twelve Months Ended December 31, 2016
HOUSTON, Feb. 9, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2016.  The Company reported a net loss of $78.1 million, or $0.53 per share, for the fourth quarter of 2016, compared to a net loss of $58.7 million, or $0.40 per share, for the quarter ended December 31, 2015.  Revenues for the fourth quarter of 2016 were $247 million, compared to $339 million for the fourth quarter of 2015. For ... 
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02/07/17Patterson-UTI Energy to Present at the Credit Suisse 22nd Annual Energy Summit
HOUSTON, Feb. 7, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on February 14, 2017, at the Credit Suisse 22nd Annual Energy Summit.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 10:55 a.m. Mountain Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI Pat... 
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02/03/17Patterson-UTI Reports Drilling Activity for January 2017
HOUSTON, Feb. 3, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2017, the Company had an average of 76 drilling rigs operating in the United States and two rigs in Canada.  Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract.  The Company cautioned that numerous factors in addition to average drillin... 
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01/24/17Patterson-UTI Energy Prices Public Offering of Common Stock
HOUSTON, Jan. 24, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Company") today announced that it has priced an underwritten, upsized public offering of 15,800,000 shares of common stock at a price to the public of $26.45 per share of common stock. The 15,800,000 share offering represents a 1,000,000 share upsize to the originally proposed 14,800,000 share offering.  The underwriters have an option for 30 days to purchase up to an additional 2,370,000 shares of common stock fr... 
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01/24/17Patterson-UTI Energy Announces Public Offering of Common Stock
HOUSTON, Jan. 24, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) (the "Company") today announced that it has commenced an underwritten public offering of 14,800,000 shares of common stock. The Company expects to grant the underwriters an option to purchase up to an additional 2,220,000 shares of common stock from the Company. The Company intends to use a portion of the net proceeds of the offering and, if required, borrowings under its revolving credit facility, to fund the re... 
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01/23/17Patterson-UTI Energy Comments on Expected Fourth Quarter 2016 Results
HOUSTON, Jan. 23, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that based on a preliminary analysis of the financial results for the three months ended December 31, 2016, the Company expects revenues of approximately $247 million, Adjusted EBITDA of approximately $44.0 million and a net loss of approximately $78.1 million, or $0.53 per share.  As of January 22, 2017, our rig count was 77 rigs in the United States and two rigs in Canada compared to the month ... 
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01/04/17Patterson-UTI Reports Drilling Activity for December 2016
HOUSTON, Jan. 4, 2017 /PRNewswire/-- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2016, the Company had an average of 71 drilling rigs operating in the United States and two rigs in Canada.  For the three months ended December 31, 2016, the Company had an average of 66 drilling rigs operating in the United States and two rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the... 
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