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    Patterson-UTI Energy Inc. (PTEN)

    21.25 Down 0.50(2.30%) Apr 17, 4:00PM EDT
    |After Hours : 21.25 0.00 (0.00%) Apr 17, 4:35PM EDT
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    Patterson-UTI Energy Inc.
    450 Gears Road
    Suite 500
    Houston, TX 77067
    United States - Map
    Phone: 281-765-7100
    Fax: 281-765-7175
    Website: http://www.patenergy.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Drilling & Exploration
    Full Time Employees:7,900

    Business Summary 

    Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services primarily in Texas, New Mexico, Louisiana, Oklahoma, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, Ohio, West Virginia, and western and northern Canada. As of December 31, 2014, this segment had a drilling fleet of 239 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic and nitrogen fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Oil and Natural Gas segment owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

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    Corporate Governance 
    Patterson-UTI Energy Inc.’s ISS Governance QuickScore as of Apr 1, 2015 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 3; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. William Andrew Hendricks Jr., 50
    Chief Exec. Officer and Pres
    Mr. Cloyce A. Talbott , 79
    Co-Founder, Consultant, Director and Member of Exec. Committee
    Mr. John E. Vollmer III, 59
    Chief Financial Officer, Sr. VP of Corp. Devel. and Treasurer
    Mr. Kenneth N. Berns CPA, 55
    Sr. VP, Director and Member of Exec. Committee
    Mr. James Michael Holcomb , 52
    Pres of UTI Drilling Company LLC
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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