2016 News Releases

Webcast ImageWebcast - Live
Q3 2017 Patterson-UTI Energy, Inc. Earnings Conference Call
10/26/17 at 9:00 a.m. CT
Q3 2017 Patterson-UTI Energy, Inc. Earnings Conference Call
Thursday, October 26, 2017 9:00 a.m. CT  
Webcast PresentationHelp Help
Click here for webcast
Add to CalendarHelp Help
Add to Calendar Click here to add this event to your calendar
Keyword Search
 
2017 | 2016 | 2015 | 2014
DateTitle 
12/22/16Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Dec. 22, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, February 9, 2017, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2016.  Participants can access the call by dialing (844) 498-0567 or (443) 961-0820 with the passcode 20803660.  The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com. A replay of the con... 
Printer Friendly Version
12/12/16Patterson-UTI Energy and Seventy Seven Energy Announce Agreement to Merge
HOUSTON and OKLAHOMA CITY, Dec. 12, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Patterson-UTI") and SEVENTY SEVEN ENERGY INC. (OTCPK:SVNT) ("Seventy Seven Energy") today jointly announced that the two companies have entered into a definitive merger agreement pursuant to which Patterson-UTI will acquire Seventy Seven Energy in an all-stock transaction.  Patterson-UTI and Seventy Seven Energy are both leaders in building and operating high-spec rigs, and the transaction will f... 
Printer Friendly Version
12/05/16Patterson-UTI Reports Drilling Activity for November 2016
HOUSTON, Dec. 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2016, the Company had an average of 65 drilling rigs operating in the United States and two rigs in Canada. For the two months ended November 30, 2016, the Company had an average of 64 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 C... 
Printer Friendly Version
12/01/16Patterson-UTI Energy to Present at the Cowen and Company Energy & Natural Resources Conference
HOUSTON, Dec. 1, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on December 7, 2016 at the Cowen and Company Energy & Natural Resources Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 2:25 p.m. Eastern Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Pa... 
Printer Friendly Version
11/23/16Patterson-UTI Energy to Present at the Jefferies 2016 Energy Conference
HOUSTON, Nov. 23, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on November 29, 2016 at the Jefferies 2016 Energy Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 11:30 a.m. Central Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI Patterson... 
Printer Friendly Version
11/03/16Patterson-UTI Reports Drilling Activity for October 2016
HOUSTON, Nov. 3, 2016 /PRNewswire/-- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of October 2016, the Company had an average of 63 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 drilling... 
Printer Friendly Version
10/27/16Patterson-UTI Energy Reports Financial Results for Three and Nine Months Ended September 30, 2016
HOUSTON, Oct. 27, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2016.  The Company reported a net loss of $84.1 million, or $0.58 per share, for the third quarter of 2016, compared to a net loss of $226 million, or $1.54 per share, for the quarter ended September 30, 2015.  Revenues for the third quarter of 2016 were $206 million, compared to $422 million for the third quarter of 2015. For the... 
Printer Friendly Version
10/05/16Patterson-UTI Reports Drilling Activity for September 2016
HOUSTON, Oct. 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2016, the Company had an average of 62 drilling rigs operating in the United States and two rigs in Canada.  For the three months ended September 30, 2016, the Company had an average of 60 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 ... 
Printer Friendly Version
09/26/16Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, Sept. 26, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 27, 2016, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2016.  Participants can access the call by dialing (866) 841-7265 or (704) 908-0463 with the passcode 72622600.  The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com.  A replay of the c... 
Printer Friendly Version
09/16/16Patterson-UTI Energy to Present at the Johnson Rice Energy Conference
HOUSTON, Sept. 16, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 21, 2016 at the Johnson Rice Energy Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 10:00 a.m. Central Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI Patterson-U... 
Printer Friendly Version
09/14/16Patterson-UTI Energy Announces Agreement to Acquire Drilling Technology Company
HOUSTON, Sept. 14, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that it has entered into an agreement to acquire Warrior Rig Ltd. and certain related entities.  Based in Calgary, Warrior designs, manufactures and services high-spec rig components with a recent focus on top drive technology for improved drilling performance.  The pending transaction is subject to customary closing conditions, and is expected to close promptly. Andy Hendricks, Patterson-UTI's C... 
Printer Friendly Version
09/06/16Patterson-UTI Reports Drilling Activity for August 2016
HOUSTON, Sept. 6, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2016, the Company had an average of 60 drilling rigs operating in the United States and two rigs in Canada. For the two months ended August 31, 2016, the Company had an average of 58 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 Comp... 
Printer Friendly Version
09/02/16Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
HOUSTON, Sept. 2, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 7, 2016 at the Barclays CEO Energy-Power Conference.  Representing the Company at the conference will be Mark Siegel, Chairman, Andy Hendricks, Chief Executive Officer, and Mike Holcomb, President Patterson-UTI Drilling Company LLC.  The presentation will be webcast live beginning at approximately 11:05 a.m. Eastern Time.  To access the webcast, go to... 
Printer Friendly Version
08/04/16Patterson-UTI Reports Drilling Activity for July 2016
HOUSTON, Aug. 4, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2016, the Company had an average of 56 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 drilling r... 
Printer Friendly Version
07/28/16Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2016
HOUSTON, July 28, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2016.  The Company reported a net loss of $85.9 million, or $0.58 per share, for the second quarter of 2016, compared to a net loss of $19.0 million, or $0.13 per share, for the quarter ended June 30, 2015.  Revenues for the second quarter of 2016 were $194 million, compared to $473 million for the second quarter of 2015. For the six mo... 
Printer Friendly Version
07/12/16Patterson-UTI Energy Amends its Bank Credit Agreement
Extends Unsecured Line of Credit to March 2019 and Repays Term Loans HOUSTON, July 12, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that it has amended its $500 million senior unsecured revolving credit agreement to, among other things, extend the maturity date of $357.9 million in revolving credit commitments of certain lenders from September 27, 2017 to March 27, 2019.  In addition, the Company has repaid the entire outstanding $230 million principal amount... 
Printer Friendly Version
07/05/16Patterson-UTI Reports Drilling Activity for June 2016
HOUSTON, July 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2016, the Company had an average of 54 drilling rigs operating in the United States, and one rig in Canada.  For the three months ended June 30, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of t... 
Printer Friendly Version
06/29/16Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, June 29, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 28, 2016, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2016.  Participants can access the call by dialing (866) 841-7265 or (704) 908-0463 with the passcode 13110301.  The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com.  A replay of the conferenc... 
Printer Friendly Version
06/22/16Patterson-UTI Energy to Present at the J.P. Morgan Inaugural Energy Equity Conference 2016
HOUSTON, June 22, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on June 28, 2016 at the J.P. Morgan Inaugural Energy Equity Conference 2016.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 8:40 a.m. Eastern Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UT... 
Printer Friendly Version
06/03/16Patterson-UTI Reports Drilling Activity for May 2016
HOUSTON, June 3, 2016 /PRNewswire/ --PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2016, the Company had an average of 53 drilling rigs operating in the United States, and less than one rig in Canada.  For the two months ended May 31, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number... 
Printer Friendly Version
05/18/16Patterson-UTI Energy to Present at the UBS Global Oil and Gas Conference
HOUSTON, May 18, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 24, 2016 at the UBS Global Oil and Gas Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 10:35 a.m. Central Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI Patterson-UTI ... 
Printer Friendly Version
05/05/16Patterson-UTI Energy to Present at the Citi 2016 Global Energy & Utilities Conference
HOUSTON, May 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 10, 2016 at the Citi 2016 Global Energy & Utilities Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 2:00 p.m. Eastern Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI ... 
Printer Friendly Version
05/04/16Patterson-UTI Reports Drilling Activity for April 2016
HOUSTON, May 4, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2016, the Company had an average of 56 drilling rigs operating in the United States, and no operating rigs in Canada due to the industry downturn and spring breakup. 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... 
Printer Friendly Version
04/28/16Patterson-UTI Energy Reports Financial Results for Three Months Ended March 31, 2016
HOUSTON, April 28, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2016.  The Company reported a net loss of $70.5 million, or $0.48 per share, for the first quarter of 2016, compared to net income of $9.1 million, or $0.06 per share, for the quarter ended March 31, 2015.  Revenues for the first quarter of 2016 were $269 million, compared to $658 million for the first quarter of 2015. Andy Hendricks, Patters... 
Printer Friendly Version
04/05/16Patterson-UTI Reports Drilling Activity for March 2016
HOUSTON, April 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2016, the Company had an average of 64 drilling rigs operating in the United States and less than one rig in Canada.  For the three months ended March 31, 2016, the Company had an average of 71 drilling rigs operating in the United States and three rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number... 
Printer Friendly Version
03/29/16Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, March 29, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call on Thursday, April 28, 2016, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2016.  Participants can access the call by dialing (866) 841-7265 or (704) 908-0463 with the passcode 51014956.  The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com.  A replay of the confe... 
Printer Friendly Version
03/03/16Patterson-UTI Reports Drilling Activity for February 2016
HOUSTON, March 3, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of February 2016, the Company had an average of 70 drilling rigs operating in the United States and four rigs in Canada.  For the two months ended February 29, 2016, the Company had an average of 74 drilling rigs operating in the United States and four rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of t... 
Printer Friendly Version
02/29/16Patterson-UTI Energy to Present at the Raymond James 37th Annual Institutional Investors Conference
HOUSTON, Feb. 29, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on March 8, 2016 at the Raymond James 37th Annual Institutional Investors Conference.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 7:30 a.m. Eastern Time.  To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Pat... 
Printer Friendly Version
02/16/16Patterson-UTI Energy to Present at the 21st Annual Credit Suisse Energy Summit
HOUSTON, Feb. 16, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on February 24, 2016 at the 21st Annual Credit Suisse Energy Summit.  Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.  The presentation will be webcast live beginning at approximately 11:00 a.m. Mountain Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time.  About Patterson-UTI Patt... 
Printer Friendly Version
02/04/16Patterson-UTI Energy Reports Financial Results for Three and Twelve Months Ended December 31, 2015
HOUSTON, Feb. 4, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2015.  The Company reported a net loss of $58.7 million, or $0.40 per share, for the fourth quarter of 2015, compared to net income of $57.6 million, or $0.39 per share, for the quarter ended December 31, 2014.  Revenues for the fourth quarter of 2015 were $339 million, compared to $901 million for the fourth quarter of 2014. For ... 
Printer Friendly Version
02/03/16Patterson-UTI Reports Drilling Activity for January 2016
HOUSTON, Feb. 3, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2016, the Company had an average of 78 drilling rigs operating in the United States and four 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 drilli... 
Printer Friendly Version
01/05/16Patterson-UTI Reports Drilling Activity for December 2015
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2015, the Company had an average of 82 drilling rigs operating in the United States and one rig in Canada. For the three months ended December 31, 2015, the Company had an average of 88 drilling rigs operating in the United States and three rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of th... 
Printer Friendly Version