HOUSTON , Jan. 6, 2021 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2020 , the Company had an average of 64 drilling rigs operating. For the three months …
Source: Reuters
(Reuters) – Oilfield services firm Patterson-UTI reported a smaller-than-expected loss on Thursday, as cost cuts helped it limit the impact of an ongoing decline in North American shale activity.
An investor push toward higher returns instead of growth …
Patterson-UTI Energy Announces $600 Million Credit Agreement
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Patterson-UTI (NASDAQ: PTEN) closed its merger with Seventy Seven Energy Inc.
Stockholders of Seventy Seven Energy are entitled to receive 1.7851 shares of newly issued Patterson-UTI common stock in exchange for each share of Seventy Seven Energy. Patterson-UTI issued …
