Patterson-UTI Energy Inc
PE1
Company Profile
Business description
Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
Contact
10713 West Sam Houston Parkway North
Suite 800
HoustonTX77064
USAT: +1 281 765-7100
Sector
Energy
Stock type
Sensitive
Industry
Oil & Gas Drilling
Fiscal Year End
31 December 2026
Employees
10,600
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