Oil and gas industry service provider Patterson-UTI Energy, Inc. and its subsidiaries deliver drill contracting, pressure pumping, and directional drilling services to operators both domestically and abroad. The company's offerings are divided into three major segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. Its Contract Drilling Services division focuses on its drilling service offerings primarily in several U.S. regions, including Appalachia, East Texas, South Texas, Rockies, west Texas, and Colombia. Meanwhile, its Pressure Pumping Services division is comprised of hydraulic fracturing, cementing, and acid pumping, and provides services primarily in Texas and the Appalachian region. Finally, its Directional Drilling Services segment encompasses a suite of directional drilling services, including directional drilling and measurement-while-drilling services, as well as the supply and rental of downhole performance motors, and software and services that enhance directional and horizontal wellbores. Additionally, the company owns and invests in oil and natural gas assets across Texas and New Mexico. Patterson-UTI Energy was founded in 1978 and is headquartered in Houston.
Patterson-UTI Energy's ticker is PTEN
The company's shares trade on the NASDAQ stock exchange
They are based in Houston, Texas
There are 5001-10,000 employees working at Patterson-UTI Energy
It is patenergy.com/company/about-us/default.aspx
Patterson-UTI Energy is in the Energy sector
Patterson-UTI Energy is in the Oil & Gas Drilling & Exploration industry
The following five companies are Patterson-UTI Energy's industry peers:
- Diamond Offshore Drilling Inc.